Home -
VIPTRADE -

Score

1.53 /10
Danger

VIPTRADE

Georgia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://viptrade.ge/en

Influence

C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.19

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

Broker Information

More

Company Name

VIPTRADE LLC

Company Abbreviation

VIPTRADE

Platform registered country and region

Georgia

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-06-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

VIPTRADE · Company summary
VIPTRADE Review Summary
Registered On2017-01-30
Registered Country/RegionGeorgia
RegulationUnregulated
Market InstrumentsForex, Indices, Metals, Shares, Commodities, and Cryptocurrency
Demo Account✅
Leverage/
SpreadFrom 0.5 pips (Floating)
Trading PlatformMT5 (Desktop, Webtrader, Mobile)
Min Deposit$250
Customer Support032 247 22 22
info@viptrade.ge
Facebook, Instagram, LinkedIn, Twitter, YouTube, Telegram
Georgia, city Tbilisi, Mtatsminda district, Kostava street, N 36; City Tbilisi, Melikishvili street, N1

VIPTRADE Information

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

Pros and Cons

Pros Cons
Over 27,000 financial instrumentsUnregulated
MT5 availableComplex commission structure
Flexible account typesHigh swap fees
Free demo accountRestrictions in some countries (e.g., the U.S., Iran)
Strict withdrawal review process

Is VIPTRADE Legit?

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.

unregulated
unregulated

What Can I Trade on VIPTRADE?

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❌
CFDs

Account Type

Account Type ISLAMICMICROPROVIP
Minimum DepositsMICRO / PRO / VIP500 USD / 1500 USD / 3000 USD5K USD / 10K USD / 20K USD30K USD / 50K USD / 100K USD
Discount for Swap4pips/100%0%10% / 20% / 30%50% / 70% Individual Agreement

VIPTRADE Fees

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.

Commission

Trading Platform

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.

MT5

Deposit and Withdrawal

Deposit

MethodSupported CurrenciesFeeProcessing Time
Bank TransferEUR / USD / GEL / GBP0.5% + bank commissionup to 3 business days
Card Payment (Visa/MasterCard)EUR / USD / GEL / GBP3%up to 3 business days
E-Wallet (Skrill, Neteller)EUR / USD / GEL / GBPFreeup to 3 business days

WithdrawalSupport EUR / USD / AUD / BGN / CHF / CZK / GBP / HRK / HUF / NOK / PLN / RON / RUB / SEK to withdrawal.

MethodFeeProcessing Time
Bank Transfer35 USDup to 3 business days
Card PaymentFreeup to 3 business days
Cash PaymentFreeup to 3 business days

Bonus

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.

User Reviews

More

User comment

2

Comments

Write a review

FX1658486181
more than one year
This website is a typical example of a SCAM. They wiped out all my USDT while I was trading tokens. When I checked the charts, it didn't correlate with the miraculous depreciation they had on the coin. That's how I lost all my USDT. This website should not be listed as a trading market
This website is a typical example of a SCAM. They wiped out all my USDT while I was trading tokens. When I checked the charts, it didn't correlate with the miraculous depreciation they had on the coin. That's how I lost all my USDT. This website should not be listed as a trading market
Translate to English
2024-03-27 10:14
Reply
0
0
小笨熊
more than one year
Commissions and deposit and withdrawal fees are high, and the minimum deposit is five times the average. Be aware that most brokers have a minimum deposit of $100 or less, and generally do not charge commissions and deposit and withdrawal fees.
Commissions and deposit and withdrawal fees are high, and the minimum deposit is five times the average. Be aware that most brokers have a minimum deposit of $100 or less, and generally do not charge commissions and deposit and withdrawal fees.
Translate to English
2022-11-30 17:14
Reply
0
0