Score

1.51 /10
Danger

VPS

Vietnam

5-10 years

Suspicious Regulatory License

High potential risk

A

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.02

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Broker Information

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Company Name

VPS Securities

Company Abbreviation

VPS

Platform registered country and region

Vietnam

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • 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

Pyramid scheme complaint
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VPS · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

VPS Review Summary
Founded 2006
Registered Country/Region Vietnam
Regulation No regulation
Services Securities brokerage & trading, financial services, investment banking, finance advisory and research
Demo Account Unavailable
Customer Support Phone, email, fax live chat

What is VPS?

VPS, operating under the trading name of VPS Securities, is a Vietnam-based full-fledged securities firm. With a wide range of products and services, VPS caters to both institutions and individuals in the securities industry. However, it is important to note that currently, VPS does not have valid regulation or oversight from government or financial authorities. This lack of regulatory oversight may introduce risks for investors considering to engage with VPS.

VPS' home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Live chat supported • Not regulated
• A range of services and products • No social media presence
• Trading tools and resources

VPS Alternative Brokers

There are many alternative brokers to VPS depending on the specific needs and preferences of the trader. Some popular options include:

  • Rakuten Securities - A leading online brokerage firm providing a wide range of financial services and investment options to clients globally.

  • ACY Securities - A trusted Australian-based online brokerage offering advanced trading technology, competitive spreads, and a diverse range of financial instruments.

  • Monex Securities – A reputable global brokerage firm offering comprehensive trading solutions, innovative platforms, and access to various markets for investors seeking a robust investment experience.

Is VPS Safe or Scam?

VPS currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with VPS, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Services

VPS offers a diverse range of services, catering to both institutions and individuals in the securities industry. Here's a breakdown of the key business areas and their respective offerings:

  • Securities Brokerage & Trading:

VPS provides a platform for buying and selling various financial instruments, including stocks, bonds, derivatives, and other securities. Clients can trade on different exchanges and utilize advanced trading tools and technologies to execute their investment strategies.

  • Financial Services:

VPS offers a range of financial services to meet the needs of its clients. This may include wealth management services, where VPS helps clients manage their investment portfolios and achieve their financial goals. Asset management services may be provided to institutions, managing their funds and investments on their behalf.

  • Investment Banking:

Investment banking is a core focus for VPS. They provide professional advisory services in both equity and debt capital markets. This involves assisting companies and governments in raising capital through issuing stocks or bonds. VPS may underwrite new securities offerings and help clients navigate the complexities of capital markets.

  • Finance Advisory:

VPS offers comprehensive financial advisory services, providing expert guidance on various financial matters. This can include strategic financial planning, investment strategies, risk management, and other financial consultations based on individual or institutional needs. VPS may leverage their market knowledge and expertise to offer tailored solutions.

  • Research:

VPS conducts in-depth research and analysis on various financial markets, sectors, and investment opportunities. Their research reports and insights help clients make informed investment decisions. This includes analyzing market trends, evaluating companies, and providing recommendations based on their findings.

  • Mergers and Acquisitions (M&A) and Corporate Restructuring:

VPS provides advisory services for M&A transactions and corporate restructuring. They assist clients in evaluating potential acquisition targets, structuring deals, negotiating terms, and facilitating the transaction process. Additionally, VPS may offer guidance on corporate restructuring strategies to optimize a company's operations and financial performance.

Accounts

VPS offers four types of accounts when selecting a digital account number with varying package names and minimum deposit requirements:

  • CLASSY PACKAGE:

This package is designed for clients looking for a premium banking experience. The minimum deposit required to open a CLASSY PACKAGE account is VND 2,000,000.

  • PHU QUY PACKAGE:

The PHU QUY PACKAGE is tailored to meet the needs of high-net-worth individuals. The minimum deposit amount for opening a PHU QUY PACKAGE account is VND 500,000.

  • GENZ PLAN:

The GENZ PLAN account targets the younger generation, offering them a digital banking experience. There is no deposit for this account.

  • IMPRINT PACKAGE:

The IMPRINT PACKAGE is another option offered by VPS and there is no deposit requirement.

Accounts

Trading Tools

VPS offers news including market, real estate, financial banking, top company, economy and IPO news, market overview, market statistics, market movers, technical chart and market calendar.

news
  • Market Overview:

This tool provides a snapshot of the overall market sentiment and direction. It offers a high-level view of the market's performance, including key indices, major gainers and losers, and other market trends.

  • Market Statistics:

VPS offers detailed statistical information on various aspects of the market, such as trading volumes, price movements, and other relevant data. These statistics can help investors analyze market behavior and identify potential opportunities or risks.

  • Market Movers:

With this tool, VPS highlights the stocks or securities that are experiencing significant price movements or high trading volumes. By observing market movers, investors can spot stocks that are attracting attention and potentially capitalize on emerging trends.

  • Technical Chart:

VPS provides access to technical charts that display the historical price movements of securities. These charts often include various technical indicators and overlays, allowing investors to analyze patterns, trends, and potential support or resistance levels. Technical analysis can aid in making trading decisions based on historical price patterns.

  • Market Calendar:

The market calendar tool offered by VPS provides information on upcoming events, such as earnings releases, economic indicators, and corporate actions that may impact the market. It helps investors stay informed about key events and plan their trading strategies accordingly.

market overview

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Address Telephone Fax Email
Ha Noi (Head Office) 65 Cam Hoi Street, Hai Ba Trung District, Hanoi, Vietnam +84 24 7308 0188 +84 24 3974 3656 hotrokhachhang@vps.com.vn
Dong Do Transaction Office 35 Thi Sach Street, Hai Ba Trung District, Hanoi, Vietnam +84 24 3835 6688 +84 24 3835 8686
Ho Chi Minh City Branch 3rd Floor, No 76 Le Lai Street, Dist. 1, HCM City +84 28 7308 0188 +84 28 3823 8609/10
Sai Gon Transaction Office Sky Pax Building, No 144-146-148 Le Lai Street, Dist. 1, HCM City +84 28 3957 1868 +84 28 3957 3037
Da Nang Branch No 112 Phan Chau Trinh Street, Hai Chau District, Da Nang City +84 236 3565 419 +84 236 3565 418

Conclusion

In conclusion, VPS is a Vietnam-based full-fledged securities firm that offers a variety of products and services to both institutions and individuals in the securities industry. They provide different types of accounts with varying package names and minimum deposit requirements for clients seeking a digital account number.

However, it is important to note that currently, VPS lacks valid regulation and oversight from government or financial authorities.

Frequently Asked Questions (FAQs)

Q 1: Is VPS regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at VPS?
A 2: You can contact via phone, email, fax and live chat.
Q 3: Does VPS offer demo accounts?
A 3: No.
Q 5: What is the minimum deposit for VPS?
A 5: There is no minimum deposit requirement.
Q 6: Is VPS a good broker for beginners?
A 6: No. It is not a good choice for beginners because of its unregulated condition.

User Reviews

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Comments

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Chen Miyagi
more than one year
Great service, I got my credit card quickly. BTW, no annul fee.
Great service, I got my credit card quickly. BTW, no annul fee.
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2024-06-27 18:00
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A&~
more than one year
Impressed with their robust trading platform and the range of securities available. The audit and financial announcements are always clear and timely. Just wish customer service was a bit more responsive during peak times
Impressed with their robust trading platform and the range of securities available. The audit and financial announcements are always clear and timely. Just wish customer service was a bit more responsive during peak times
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2024-06-21 17:11
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