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KEYMARKETS-Overview of Minimum Deposit, Spreads & Leverage

VPFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 12:16

Abstract:Founded in 2020, VPFX is a Malaysian broker trading with forex, precious metals, energies, indices, and shares. The leverage is up to 1:1000, the minimum deposit is $100, and the spread is as low as 0.0 pips. Investors can trade on MT5 and register a demo account to practice. VPFX offers 24/5 live support.

VPFX Review Summary
Founded2020
Registered Country/RegionMalaysia
RegulationLFSA
Market InstrumentsForex, precious metals, energies, indices, shares
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 1.2 pips (Standard account)
Trading PlatformMT5
Min Deposit$100
Customer Support24/5 live chat
LABUAN, MALAYSIA Customer SupportTel: +60154 600 0110
Email: customerservice@vpfx.net
Company address: Kensington Gardens, No U1317, Lot 7616, Jalan Jumidar Buyong, 87000 Labuan F.T, Malaysia
DUBAI, U.A.ECustomer SupportTel: +971 4325 1188
Email: customerservice@vpfx.net
Company address: 3101, Latifa Tower Trade Centre First, Dubai, United Arab Emirates
Regional RestrictionsAfghanistan, Cote dIvoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Yemen

  Founded in 2020, VPFX is a Malaysian broker trading with forex, precious metals, energies, indices, and shares. The leverage is up to 1:1000, the minimum deposit is $100, and the spread is as low as 0.0 pips. Investors can trade on MT5 and register a demo account to practice. VPFX offers 24/5 live support.

VPFX's homepage

Pros and Cons

ProsCons
LFSA regulationRegional restrictions
Various trading products
Multiple account types
Demo accounts
MT5 support
Popular payment options
No deposit/withdrawal fee
24/5 live chat

Is VPFX Legit?

  Yes, VPFX is regulated by Labuan Financial Services Authority (LFSA).

LFSA
Labuan Financial Services Authority (LFSA)
Current StatusRegulated
Regulated byMalaysia
Regulated EntityVentura Prime FX Limited
License TypeStraight Through Processing (STP)
License No.MB/20/0046
Regulated by LFSA
Domain information

What Can I Trade on VPFX?

Tradable InstrumentsSupported
Forex✔
Precious Metals✔
Energies✔
Indices✔
Shares✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Standard$100 or equivalent
VIP$10,000 or equivalent
Elite$25,000 or equivalent
Account comparison

VPFX Fees

Account TypeSpread FromCommission
Standard1.2 pips❌
VIP0.7 pips❌
Elite0.0 pips4

Leverage

Account TypeMax Leverage
Standard1:1000
VIP1:500
Elite1:200

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, iPhoneExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

Payment MethodMin DepositFeeProcessing Time
Bank wire transfer 100 USD/AED❌2-4 Working Days
VISA100 EUR/USDInstant
Mastercard
Skrill
Neteller
Fasapay1000 USD, IDR
Payment options

Related broker

No Regulation
VPFX
Company name:Ventura Prime FX Limited
Score
2.29
Website:https://www.vpfx.net/
5-10 years | Suspicious Regulatory License | MT5 Full License | Self-developed
Score
2.29

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