VPFX Review

VPFX is a well-established broker since 2020. VPFX has headquarters in Australia, United Arab Emirates, Malaysia and St. Vincent & Grenadines. VPFX to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by ASIC ACN 641 553 933, Department of Economic Development (Dubai) 960254, FSA (Labuan) LL16224 and FSA (St. Vincent & Grenadines) 26406.

Account Information

Apart from the forex demo account, this broker offers Standard, VIP and Elite. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by VPFX is up to 1:500. Meanwhile, you can open an account with a starting capital of $100.

Min Deposit

$100

Max Leverage

1:500

Spread

Fixed

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:

• Standard
• VIP
• Elite

💲 Min Deposit $100

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚡ Automated trading

Instruments Traded

Besides lots of currency pair, VPFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, VPFX specifically provides it with the following instruments and leverage:

Forex
1:500

Gold & silver
1:100

Stocks
1:50

Indexes
1:100

💲 Min Deposit $10000

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚡ Automated trading

Instruments Traded

Besides lots of currency pair, VPFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for VIP account, VPFX specifically provides it with the following instruments and leverage:

Forex
1:500

Gold & silver
1:100

Stocks
1:50

Indexes
1:100

💲 Min Deposit $25000

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚡ Automated trading

Instruments Traded

Besides lots of currency pair, VPFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Elite account, VPFX specifically provides it with the following instruments and leverage:

Forex
1:500

Gold & silver
1:100

Stocks
1:50

Indexes
1:100

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

VPFX also provides payment with Credit/debit cards

FAQ About VPFX

Is VPFX a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if VPFX is a good broker for you or not by reviewing the criteria. In general, VPFX provides trading service in Forex , Gold & silver , Stocks and Indexes . As for the payment methods, you can choose between Credit/debit cards, FasaPay, Neteller, Skrill and Wire transfer. The customer support is available via Email, Live chat, Office, Phone and Web form.

What is the minimum deposit for VPFX?

The starting capital in VPFX is $100.

Is VPFX regulated?

VPFX is regulated by ASIC ACN 641 553 933, Department of Economic Development (Dubai) 960254, FSA (Labuan) LL16224 and FSA (St. Vincent & Grenadines) 26406. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.

Is VPFX legit?

VPFX is a brokerage company offering trading services for clients since 2020 with offices in Australia, United Arab Emirates, Malaysia and St. Vincent & Grenadines.