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Score
Cyprus
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
United Kingdom European Authorized Representative (EEA) Revoked
Suspicious Overrun
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.52
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
General Information & Regulation
Vipro Markets is a CySEC regulated investment firm, offering Forex, Stocks, and CFDs trading services. The VIPro brand originally got acquired by Tickmill Europe Ltd, and for a while continued to operate its own website with an identical offering as Tickmill. However, the two brokerages have later been fully merged, and VIPros old website no longer exists.
Market Instruments
Vipro/TickMill offers investors a wide range of trading assets, including stocks, CFDs, indices, Forex, precious metals, and energies.
Minimum Deposit
To meet the needs of different investors, Vipro/TickMill offers three different types of accounts: Classic Accounts (minimum deposit of $100/€100), ECN Pro Accounts (minimum deposit of $100/€100), and the VIP Account ( with a minimum balance of $50,000/€50,000).
Leverage
For regular retail clients based in the EU, leverage with VIPro/Tickmill is capped at 1:30 due the strict regulations on forex brokers within the European Union. For clients based in other parts of the world, however, the leverage available is far higher, going as high as 1:500 on the most liquid instruments like the EUR/USD currency pair.
Spreads & Commissions
Vipro/TickMill charges only spreads as commission for Classic accounts. For ECN Pro accounts, the commission is $2/per $100,000 traded (0.0020% of the notional value) and $1.60/per 100,000 traded (0.0016% of the notional value) for VIP accounts.
Trading Platform
Vipro/TickMill offers traders the market-leading and widely acclaimed MT4 trading platform, as well as MT4 PC, MT4 Android, MT4 iPhone/iPad, and MT4 Web to meet a wide range of user needs. MT4 is currently one of the most popular forex trading platforms, with powerful charting and data analysis tools that help different traders to develop different trading strategies.
Deposit and Withdrawal
Vipro/TickMill supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard credit/debit cards, NETELLER, Skrill, wire transfer, Dotpay (only available for Polish currency).
Customer Support
VIPro/Tickmill's customer service is available in local languages from most of the broker's branches around the world, including in the UK, Malaysia, the Seychelles, and Cyprus.
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