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Score

1.32 /10
Danger

VIP Global Markets

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://vipglobalmarkets.com

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.56

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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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

VIP Global Markets · Company summary

Note: VIP Global Markets's official website - https://vipglobalmarkets.com/ is currently inaccessible normally.

VIP Global Markets Review Summary
Founded2022
Registered Country/RegionUnited Kingdom
RegulationNo Regulation
Market InstrumentsForex, Cryptos, Indices and Shares
Demo Account/
LeverageUp to 1:400
Spread/
Trading PlatformMetaTrader 4, VIP Global Markets online platform
Min Deposit$250
Customer SupportTel: +44 2035193499
Email: support@vipglobalmarkets.trade

Founded in 2022, VIP Global Markets is an UK-based broker with no regulatory oversight, claiming to offer trading in Forex, Crypto, Indices, and Shares. They propose high leverage of up to 1:400 and claim to provide trading platforms such as MetaTrader 4 and their own online platform, although there is no download link for MT4available on their site. The minimum deposit requirements vary inconsistently between $250 and $1 000, which is significantly high compared to industry standards.

VIP Global Markets

Pros and Cons

Pros Cons
Diverse tradable assetsNon-functional website
MT4 platformNo regulation
High min deposit requirement

Is VIP Global Markets Legit?

Currently, VIP Global Markets does not have valid regulatory oversight. It is advisable to consider alternative brokers that are regulated and operate with transparency.

No license

What Can I Trade on VIP Global Markets?

VIP Global Markets claims to offer traders with Forex, Crypto, Indices and Shares.

Tradable Instruments Supported
Forex✔
Indices✔
Shares✔
Cryptocurrencies✔
Commodities❌
Bonds❌
Options❌
ETFs❌

Account Type

Inconsistently, VIP Global Markets' stated minimum deposit requirements vary between $250 and $1000, which are significantly high thresholds. This contrasts with many reputable brokers that typically demand substantially lower initial investments, sometimes as minimal as $10, to establish a trading account.

Leverage

VIP Global Markets claims to provide a maximum leverage of 1:400. Be mindful when trading with high leverage, as it can increase both your profits and your losses.

Trading Platform

VIP Global Markets claims to offer both MetaTrader 4 and its own online platform. However, there is no download link for MT4 on their website.

Trading PlatformSupported Available Devices Suitable for
Proprietary platform✔//
MT4✔/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

Payment OptionWithdrawal Fee
Visa 0.5% per transaction, min $30
MasterCard
Wire transfer

User Reviews

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User comment

4

Comments

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Dellry
more than one year
VIP Global Markets is top-notch when it comes to spreads and customer support. Their spreads are tight and competitive, and their customer support team is always there to help, no matter what.
VIP Global Markets is top-notch when it comes to spreads and customer support. Their spreads are tight and competitive, and their customer support team is always there to help, no matter what.
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2024-07-22 18:53
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Jilljm
more than one year
Best marketing but worst firm shifting prices even after price seen showing negative during profit . I'm a pro trader . Today they messed up as I traded live on their accounts to companies with others . Stay away they have a smart internal system whereby only pro traders notice the price shift during active trades
Best marketing but worst firm shifting prices even after price seen showing negative during profit . I'm a pro trader . Today they messed up as I traded live on their accounts to companies with others . Stay away they have a smart internal system whereby only pro traders notice the price shift during active trades
Translate to English
2024-04-17 12:17
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