VIP Global Markets Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-18 13:53Abstract：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 MT4 available on their site. The minimum deposit requirements vary inconsistently between $250 and $1 000, which is significantly high compared to industry standards.
Note: VIP Global Markets's official website - https://vipglobalmarkets.com/ is currently inaccessible normally.
| VIP Global Markets Review Summary | |
| Founded | 2022 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | Forex, Cryptos, Indices and Shares |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | / |
| Trading Platform | MetaTrader 4, VIP Global Markets online platform |
| Min Deposit | $250 |
| Customer Support | Tel: +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.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Non-functional website |
| MT4 platform | No 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.
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 Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | / | / |
| MT4 | ✔ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Payment Option | Withdrawal Fee |
| Visa | 0.5% per transaction, min $30 |
| MasterCard | |
| Wire transfer |
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