Abstract:VIPTRADE is an international financial brokerage firm established in 2016, headquartered in Georgia. As an NDD (No Dealing Desk) broker, it provides trading services for financial instruments such as foreign exchange and contracts for difference (CFDs), supports the MetaTrader 5 (MT5) platform, and covers multiple global markets.
VIPTRADE Review Summary | |
Registered On | 2017-01-30 |
Registered Country/Region | Georgia |
Regulation | Unregulated |
Market Instruments | Forex, Indices, Metals, Shares, Commodities, and Cryptocurrency |
Demo Account | ✅ |
Leverage | / |
Spread | From 0.5 pips (Floating) |
Trading Platform | MT5 (Desktop, Webtrader, Mobile) |
Min Deposit | $250 |
Customer Support | 032 247 22 22 |
info@viptrade.ge | |
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Georgia, city Tbilisi, Mtatsminda district, Kostava street, N 36; City Tbilisi, Melikishvili street, N1 |
VIPTRADE is an international financial brokerage firm established in 2016, headquartered in Georgia. As an NDD (No Dealing Desk) broker, it provides trading services for financial instruments such as foreign exchange and contracts for difference (CFDs), supports the MetaTrader 5 (MT5) platform, and covers multiple global markets.
Pros | Cons |
Over 27,000 financial instruments | Unregulated |
MT5 available | Complex commission structure |
Flexible account types | High swap fees |
Free demo account | Restrictions in some countries (e.g., the U.S., Iran) |
Strict withdrawal review process |
VIPTRADE is unregulated, even though it claims that its parent company, LLC TRADE HOLDING, obtained a license from the National Bank of Georgia in 2018 and is a formally licensed brokerage firm.
VIPTRADE offers forex and CFDs covering indices, shares, metals, cryptocurrencies, and commodities.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Metals | ✔ |
Shares | ✔ |
Commodities | ✔ |
Cryptocurrency | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Account Type | ISLAMIC | MICRO | PRO | VIP |
Minimum Deposits | MICRO / PRO / VIP | 500 USD / 1500 USD / 3000 USD | 5K USD / 10K USD / 20K USD | 30K USD / 50K USD / 100K USD |
Discount for Swap | 4pips/100% | 0% | 10% / 20% / 30% | 50% / 70% Individual Agreement |
Commission is charged only for foreign exchange and spot metal transactions at a rate of $45 per $100,000 traded. For non-USD accounts, conversion based on exchange rates is required. Floating spreads (as low as 0.5 pips for major currency pairs) and fixed spread accounts offer stable costs. Swap fees are calculated based on the interest rate differential between currencies plus platform commission, with triple charges applied on Fridays.
MetaTrader 5 (MT5) supports automated trading, compatible with Expert Advisors (EAs) and High-Frequency Trading (HFT). Traders can choose real-time synchronization across desktop, mobile (iOS/Android), and web versions.
Deposit
Method | Supported Currencies | Fee | Processing Time |
Bank Transfer | EUR / USD / GEL / GBP | 0.5% + bank commission | up to 3 business days |
Card Payment (Visa/MasterCard) | EUR / USD / GEL / GBP | 3% | up to 3 business days |
E-Wallet (Skrill, Neteller) | EUR / USD / GEL / GBP | Free | up to 3 business days |
WithdrawalSupport EUR / USD / AUD / BGN / CHF / CZK / GBP / HRK / HUF / NOK / PLN / RON / RUB / SEK to withdrawal.
Method | Fee | Processing Time |
Bank Transfer | 35 USD | up to 3 business days |
Card Payment | Free | up to 3 business days |
Cash Payment | Free | up to 3 business days |
VIPTRADE promotional activities offer no-deposit bonuses, trading volume bonuses, and promotions for specific instruments, which need to be activated according to the activity rules. In addition, the IB program allows clients to receive a 50%-70% share of trading commissions for referring clients, with no limit on the number of referrals, and commissions are paid weekly. For more promotional information, please visit the broker's official website.
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