VIG Investment Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-07-06 18:19

Abstract：VIG Investment is a brokerage firm offering a range of trading services and instruments. Their platform of choice is the robust and widely-used MetaTrader 5, which offers advanced charting tools, numerous technical indicators, and the capability for automated trading. VIG provides various market instruments for trade including forex, indices, commodities, and contracts for difference (CFDs). Their customer service is available 24 hours during business days, offering both email and phone support to address clients' needs.

　　Note: VIG Investments official website: https://vig-investments.com/?lang=en is currently inaccessible normally.

VIG Investment Review Summary
Founded	2021
Registered Country/Region	Hong Kong
Regulation	Not regulated
Market Instruments	Forex, indices, CFDs, and commodities
Demo Account	❌
Leverage	Up to 1:500
Spread	/
Trading Platform	MetaTrader 5
Min Deposit	$100
Customer Support	Email: admin@vig-investments.com
Customer Support	Phone: +60340654231

VIG Investment Information

　　VIG Investment, a Hong Kong-based brokerage firm, provides a wide range of trading instruments, including forex, indices, commodities, and CFDs. It runs on the powerful MetaTrader 5 platform and offers leverage of up to 1:500, but there is no regulation and there have been numerous withdrawal complaints.

Pros and Cons

Pros	Cons
MetaTrader 5 platform with advanced tools	Not regulated
Offers multiple trading instruments	Limited deposit and withdrawal methods
24/5 customer support	No demo accounts
High leverage to 1:500

Is VIG Investment Legit?

　　VIG Investment is unregulated and risky. It has no FCA or ASIC licenses.

　　VIG Investment was registered February 20, 2021, and expires February 19, 2028. The previous update was March 5, 2022.

What Can I Trade on VIG Investment?

　　VIG Investment offers several market instruments, including forex, indices, CFDs, and commodities.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
CFD	✔
Indexes	✔

Leverage

　　VIG Investment provides leverage up to 1:200 for commodities and index trading and up to 1:500 for FX trading. Leverage greatly raises risk even while it enables traders to open larger bets with less money. If the market turns against you, having a lot of leverage might result in large losses. Effective risk management is critical.

VIG Investment Fees

　　Although the corporation stated that the spreads are tight, it did not disclose particular information regarding commissions or spreads.

Non-Trading Fees

Deposit Fee	Free
Withdrawal Fee	Free

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MetaTrader 5	✔	iOS, Android, Windows, Web	Beginners and experienced traders

Deposit and Withdrawal

　　VIG Investment has a minimum deposit of $100 and zero deposit and withdrawal fees, making it easy for traders to fund and access their accounts.

Transaction Type	Options	Min.Deposit/Withdrawal	Fees	Processing Time
Deposit	Bank Wire Transfer, CoinPayments (USDT)	$100	0	3-4 working days
Withdrawal	Bank Wire Transfer, CoinPayments (USDT)	$100	0	3-4 working days