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Pros

None identified due to the broker's lack of regulation and numerous complaints.

Cons

Unregulated and operates without oversight, putting investor funds at risk.
Numerous reports of withdrawal issues and non-existent customer support.
Promises of high returns and bonuses that are often misleading and unfulfilled.

VCFX broker Accounts

VPFX Account Type

VPFX offers three different types of trading accounts to cater to various trading needs and preferences:

  • Standard Account
    • Minimum Deposit: $100
    • Base Currency: USD, EUR, GBP
    • Spreads: Starting from 1.2 pips
    • Leverage: Up to 1:1000
    • Commission: No commission
    • Trading Platforms: MT4, MT5
    • Margin Call Level: 50%
    • Stop-Out Level: 50%
    • VIP Account
      • Minimum Deposit: $10,000
      • Base Currency: USD, EUR, GBP
      • Spreads: Starting from 0.7 pips
      • Leverage: Up to 1:500
      • Commission: No commission
      • Trading Platforms: MT5
      • Margin Call Level: 50%
      • Stop-Out Level: 30%
      • Elite Account
        • Minimum Deposit: $25,000
        • Base Currency: USD, EUR, GBP
        • Spreads: Starting from 0.0 pips
        • Leverage: Up to 1:200
        • Commission: $4 per lot
        • Trading Platforms: MT5
        • Margin Call Level: 50%
        • Stop-Out Level: 20%

        All account types provide access to a demo account for practice and familiarization with the trading platform.

        VPFX Broker Account Opening Process

        Opening an account with VPFX is a straightforward process that can be completed in a few simple steps:

        • Visit the VPFX Website
          • Go to the official VPFX website.
          • Select "Open an Account"
            • Click on the “Open an Account” button on the homepage.
            • Fill Out the Registration Form
              • Enter the required personal details, including name, email, and phone number.
              • Verify Your Identity
                • Upload necessary documentation for identity verification, such as proof of residence and identification.
                • Complete the Trading Experience Quiz
                  • Fill out an electronic quiz confirming your trading experience.
                  • Account Activation
                    • Once your account is approved, you will receive confirmation.
                    • Deposit Funds
                      • Fund your account with a minimum deposit of $100 for the Standard account.
                      • Start Trading
                        • After your account is funded, you can start trading on the chosen platform (MT4 or MT5).

                        This process ensures a secure and efficient setup for new traders looking to engage in the financial markets with VPFX.

VCFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
VCFX Account