Score

1.40 /10
Danger

VVIPFX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

VVIPFX · Company summary
basic-info

General Information

VVIPFX is an online forex broker offering a series of trading instruments, including Global CFD FX, Indices, Oil, and Gold through the advanced MT4 trading platform. VVIPFX is currently under no valid regulation, please be aware of the risk.

Market Instruments

VVIPFX provides easy access to more than 100 trading instruments, including Global CFD FX, Indices, Oil, and Gold.

How to open an account with VVIPFX?

Opening an account with VVIPFX is an easy and straightforward process:

1. Click the “Register” link on the homepage of VVIPFX

2. Fill up required details on the popping-up page, including your name, valid email address, password, etc.

 account

3. Upload your personal information for this company to check details

4. Fund your account and start to trade with this broker

Leverage

Trading leverage information is not mentioned anywhere. As a beginner, it's wise to keep your leverage at no more than 10:1.

The safest option is a 1:1 ratio. One of the most typical mistakes made by novice forex traders is using a leverage ratio that is too high. Our advice is that you trade with a smaller ratio until you get more experience.

Spreads

VVIPFX advertises that investors can enjoy low cost trading with spreads from 0.0 pips and commissions from $0 per lot, which is too good to be true. Investors need to take extra vigilance.

Trading Platform

VVIPFX provides its clients access to the industry-leading MT4 trading platform, which can be accessed on any device, Desktop, Android, IOS.

Some features and functionalities of the MT5 trading platform include the user-friendly interface, multiple technical indicators, and robust charting tools, Free EA hosting capabilities.

Trading Tools

Aside from the MT4 trading platform, VVIPFX also provides limited trading tools, such as Economic Calendar, Live Price.

Customer Support

Traders can reach out to VVIPFX about any questions or concerns they may have about their accounts or their trading through the following methods:

Whatsapp: 082218177177

Telegram: 082218177177

Email: support@vvipfx.com

Online Chat

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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