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No Regulation
Score
1.42 /10
Danger
VVIPFX
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.31
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: VVIPFX's official website: https://vvipfx.com is currently inaccessible normally.
| VVIPFX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Forex, CFDs, equities, oil, gold and indices |
| Demo Account | / |
| Leverage | / |
| EUR/USD Spread | 0.0 pips |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | Tel: 082218177177 |
| Email: support@vvipfx.com | |
VVIPFX is an online forex broker offering a series of trading instruments, including Global CFD FX, Indices, Oil, and Gold through the advanced MT4 trading platform. VVIPFX is currently under no valid regulation. Please be aware of the risk.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| MT4 supported | Unregulated |
| Lack of transparency |
Is VVIPFX Legit?
No. VVIPFX has no regulations currently. Please be aware of the risk!
What Can I Trade on Foptrade?
VVIPFX provides easy access to more than 100 trading instruments, including Global CFD FX, Indices, Oil, and Gold.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Gold | ✔ |
| Indices | ✔ |
| Oil | ✔ |
| Equities | ✔ |
| Options | ❌ |
| ETFs | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| bonds | ❌ |
Leverage
Leverage info isn‘t mentioned anywhere, but if you’re just starting out, its a good idea to keep your leverage at 10:1 or lower. The safest bet is going with a 1:1 ratio. One of the most common mistakes new forex traders make is using way too much leverage. Our advice? Stick with a smaller ratio until you get the hang of things.
Spread and Commission
VVIPFX promotes low-cost trading with spreads starting from 0.0 pips and commissions as low as $0 per lot. However, investors should stay cautious and keep a close eye on the details.
Trading Platform
VVIPFX gives its clients access to the top-rated MT4 trading platform, available on desktop, Android, and iOS devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Android, IOS | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
VVIPFX accepts bank wire, debit, or credit cards (Visa, MasterCard, Maestro), and e-wallets like Skrill, and Neteller.
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