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United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Regulatory Index0.00
Business Index6.57
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
VIPS FXReview Summary | |
Founded | 2-5 years |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Indices, CurrencyPairs, and Metals |
Demo Account | ✔ |
Leverage | Up to 1:500 |
Spread | From 0.1 pips |
Trading Platform | MT5(Windows/Android/iOS) |
Min Deposit | $100 |
Customer Support | Phone: +971 569603127 |
Email: support@vipsfx.org |
VIPS FX is a forex broker. The tradable instruments with a maximum leverage of 1:500 include indices, currency pairs, and metals. The minimum spread is from 0.1 pips and the minimum deposit is $100. VIPS FX is still risky due to its unregulated status, high leverage, and closed official website.
Pros | Cons |
MT5 available | Unregulated |
Spread as low as 0.1 pips | Official website closed |
Leverage up to 1:500 | |
24/5 live support | |
Demo account available |
VIPS FX is not regulated, which makes it less safe than regulated brokers.
Traders can choose different investment directions because the broker provides indices, currency pairs, and metals.
Tradable Instruments | Supported |
Currency Pairs | ✔ |
Indices | ✔ |
Metals | ✔ |
Cryptocurrencies | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
The spread is from 0.1 pips, and the commission is up to $15.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
VIPS FX has an authoritative MT5 trading platform for Windows, Android, and iOS. Compared with MT4, experienced traders prefer MT5.
Trading Platform | Supported | Available Devices |
MT5 | ✔ | Windows/Android/iOS |
The minimum deposit is $100. XX offers multiple deposit and withdrawal methods, including Cirrus, DISCOVER, Maestro, etc. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.
VIPS FX provides 24/5 customer support, and traders can contact the forex broker via phone and email.
Contact Options | Details |
Phone | +971 569603127 |
support@vipsfx.org | |
Supported Language | English |
Website Language | English |
Physical Address | 71-75, Shelton Street, Covent Garden, London, UnitedKingdom, wC2H9JQ |
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