VIPS FX

VIPS FX Information

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 and Cons

Is VIPS FX Legit?

VIPS FX is not regulated, which makes it less safe than regulated brokers.

What Can I Trade on VIPS FX?

Traders can choose different investment directions because the broker provides indices, currency pairs, and metals.

VIPS FX Fees

The spread is from 0.1 pips, and the commission is up to $15.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

VIPS FX has an authoritative MT5 trading platform for Windows, Android, and iOS. Compared with MT4, experienced traders prefer MT5.

Deposit and Withdrawal

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.

Customer Support Options

VIPS FX provides 24/5 customer support, and traders can contact the forex broker via phone and email.