Abstract:Victoria Coins publicizes that it provides its customers with pioneered intuitive, user-friendly and feature-rich platform and various trading assets. It also claims that it offers 1:00 leverage, lowest spreads on 200+ tradable assets.
General Information
Victoria Coins publicizes that it provides its customers with pioneered intuitive, user-friendly and feature-rich platform and various trading assets. It also claims that it offers 1:00 leverage, lowest spreads on 200+ tradable assets.
Market Instruments
Victoria Coins advertises that it offers a variety of trading instruments, including forex currency pairs, stocks, cryptocurrencies, indices, commodities. Some other trading assets like gold and crude oil are also available.
Account
According to Victoria Coins website, open an account requires just $100 initial investment and start trading stocks from only $1. Some other information about account types cannot be seen without login.
Leverage
In terms of trading leverage, the maximum level offered by Victoria Coins is 1:100, yet too high leverage is not always beneficial for traders, because leverage gains are consistent with losses.
Spreads & Commissions
Victoria Coins website shows that spreads is floating from 1.6 pips. Unluckily, we have no way to verify if it is the truth. More specific information about spreads and commissions are not involved directly.
Trading Platform Available
When it comes to trading platforms available,Victoria Coins gives traders a choice of web-based platform. Some popular trading platforms like MetaTrader4 and MetaTrader5 are not available on Victoria Coins website at the time of writing this introduction.
Deposit & Withdrawal
The payment methods you can use are credit cards (Mastercard, Visa), E-Wallet (APM, EFT), bank wire and bitcoin transfers. And withdrawals are carried out by the same method the funds were deposited. The minimum deposit is 250 USD / GBP/ EUR and the minimum withdrawal amount is 100 USD/GBP/EUR. Note that a withdrawal fee of 1% with a minimum withdrawal fee of 30 USD/GBP/EUR and the maximum withdrawal fee of 300 USD/GBP/EUR will be deducted from your balance with every withdrawal you make.
Customer Support
Victoria Coins‘ customer support can be reached through telephone: +61283176252 (Australia), +442039877747 (United Kingdom), email: support@victoria-coins.com. More other direct contact information like company address are not not available on Victoria Coins’ website.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.
The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.