VPFX Review
💲 Min Deposit $100
⌛ Year Established 2020
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website vpfx.net
🌎 Country
⚖ Max Leverage 1:500
👨💻 PAMM
📁 Segregated accounts
📊 MAM
VPFX is a well-established broker since 2020. VPFX has headquarters in Malaysia, St. Vincent & Grenadines, United Arab Emirates and Australia. VPFX to provide their Forex/CFD trading services to global clients.
This broker has also been regulated by FSA (Labuan) LL16224, SVGFSA 26406, Department of Economic Development (Dubai) 960254 and ASIC ACN 641 553 933.
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:
💲 Min Deposit $100
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
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:
💲 Min Deposit $10000
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
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:
💲 Min Deposit $25000
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
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:
Payment Methods
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.
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.
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
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, VPFX offers you MetaTrader 4 and MetaTrader 5.
Customer Support
Do you have any question or find any trouble related to VPFX? If you do, you should reach VPFX's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About VPFX
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 Skrill, Wire transfer, Credit/debit cards, Neteller and FasaPay. The customer support is available via Email, Web form, Phone, Live chat and Office.
The starting capital in VPFX is $$100.
VPFX is regulated by FSA (Labuan) LL16224, SVGFSA 26406, Department of Economic Development (Dubai) 960254 and ASIC ACN 641 553 933. 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.
VPFX is a brokerage company offering trading services for clients since 2020 with offices in Malaysia, St. Vincent & Grenadines, United Arab Emirates and Australia.
