VI Markets Forex Broker

VI Markets Review SummaryFounded2015Registered Country/RegionKuwaitRegulationUnregulatedMarket Instruments200+, Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, SharesDemo Account✅($10,000 in virtual funds)Leverage/EUR/USD Spread/Trading PlatformMT4, MT5 and WebTraderMin Deposit/Customer Support24/5 supportContact formTel: +44 (0) 203 857 2000; +965 22256988; +61 448088246Email: info@ofmarkets.com; clientservices@vimarkets.com.kwX: https://twitter.com/onefinancialFacebook: https://www.facebook.com/onefinancialmarket/YouTube: http://www.youtube.com/onefinancialmarketsWhatsApp: https://wa.me/message/AXYAAN4ALZ5OJ1Physical address: Level 2 36-38 Leadenhall Street London, EC3A1AT United KingdomSharq - Mazaya Tower 02 - 10th floor PO BOX 3040 22031 Salmiya, KuwaitRegional RestrictionsThe United States, Belgium, Poland or any particular country outside the UK VI Markets, a financial brokerage firm registered in Kuwait in 2015, offers a diverse range of trading options including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares through the MT4 and MT5 trading platforms. In addition, the company provides comprehensive customer support channels and offers a risk-free demo account with $10,000 in virtual funds. However, it operates without any legal regulation.Pros and ConsPros Cons Multiple trading choicesNo regulationDemo accountsLimited info on trading conditionsNo commissionsWithdrawal fees chargedMT4 and MT5 trading platformRegional restrictionsPopular payment optionsNo deposit feesIs VI Markets Legit? VI Markets does not hold a regulatory license from any authoritative financial regulatory body. Instead, it mentions on its website that it is registered in Saint Vincent and the Grenadines, a jurisdiction that is often favored by fraudulent brokers because it does not effectively regulate foreign exchange brokers.What Can I Trade on VI Markets? OnVI Markets, you can trade 200+ popular products, including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies and Shares: Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NOK, AUD/NZD, AUD/SGD... Bullion: Gold Future, Gold vs US Dollar, Gold vs Australian Dollar, Gold vs Euro, Gold vs Swiss Franc, Gold vs British Pound and Silver vs US Dollar. Indices: AUS200, CN50, EU50, FRA40, GER40, HK50... Commodities: XAGUSD, XAUAUD, XAUCHF, XAUEUR, XAUGBP, XAUUSD... Energy: UK Brent Oil, UK Crude Oil (cash), US Crude Oil (cash), US Crude Oil, US Natural Gas... Cryptocurrencies: Bitcoin, Bitcoin cash, Dash, Ethereum, Litecoin, Ripple... Shares: US271, UK141, EU46...Tradable Instruments Supported Forex ✔Bullion✔Indices✔Commodities✔Energy✔Cryptocurrencies✔Shares✔Bonds❌Options❌ETFs❌Trading Platform VI Markets indeed offers a plethora of trading platforms, including the highly popular and professional MT4 and MT5, as well as a WebTrader. Both the former platforms are accessible via Web and Mobile. These features might make the broker sound highly reliable to you. However, it's crucial to remember that VI Markets is not regulated by any authority, so you should not take any information at face value.Trading PlatformSupported Available Devices Suitable forWebTrader✔Web/MT4✔Web and MobileBeginnersMT5✔Web and MobileExperienced tradersDeposit and Withdrawal VI Markets accepts payments via Bank Transfer, Credit/Debit Card, Neteller, and Skrill. Each method has a different minimum deposit and withdrawal amount, as well as varying processing times. Some methods may also charge certain withdrawal fees.Payment MethodMin Deposit Min WithdrawalDeposit FeeWithdrawal FeeDeposit TimeWithdrawal TimeUK Bank transfers0£30❌£1 (next day payment)1-3 working daysNext day£20 (same day payment)Same dayInternational SWIFT bank wire transfer$50 (or equivalent)$252-5 working days2-5 working days+Credit/debit card(within portal)$50, €35 or £30$50, €35 or £30❌Immediately3-5 working daysCredit/debit card(outside portal)Within 15 minutes++Up to 10 daysNeteller$50$50ImmediatelySame daySkrill