Victory International Futures Forex Broker

Victory International Futures Review SummaryFounded2020Registered Country/RegionIndonesiaRegulationRegulated by BAPPEBTI, ICDXMarket InstrumentsForex, futuresDemo Account✅EUR/USD SpreadFrom 0.8 pipsLeverageUp to 1:400Trading PlatformMT4/5 (no download link)Min Deposit$500Customer SupportPhone/WhatsApp: 0878-8081-9277, 0878-8989-3863Email: vifxpro@vifx.coSocial media: Facebook, Twitter, WhatsApp, LinkedIn, Pinterest, Telegram, InstagramAddress: Sona Topas Tower Lt. 20, Jl. Jend. Sudirman No.26 RT04/RW 02, Kel. Kuningan, Karet, KecVictory International Futures Information Victory International Futures is an Indonesian forex and futures broker who claims to be the online channel division of PT. Victory International Futures, a trusted broker in the country. Traders become official customer of PT. Victory International Futures after opening an account with Victory International Futures. The company offers an economic calendar to keep traders updated about key market events. A wide series of educational resources, from beginner to advanced, help to investors to be equipped with necessary knowledge and skills for successful trading. Moreover, it requires a high minimum deposit of $500 and implements segregated accounts to protect customer funds. And it boasts the use of the famous MT4/5 trading platforms, but there's no links of downloading on its website. What's more, the broker currently operates without valid regulation from authority bodies, which degrade its legitimacy and reliability.Pros and ConsPros Cons Segregated accountsSuspicious clone BAPPEBTI and ICDXTiered live accountsLimited tradable asset classesDemo accountsNo download links for the said MT4/5 platformsHigh minimum depositUnknown payment methodsIs Victory International Futures Legit? Victory International Futures claims to be regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) and Indonesia Commodity and Derivatives Exchange (ICDX).Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.BAPPEBTISuspicious ClonePT. Victory International FuturesRetail Forex License558/BAPPEBTI/SI/XII/2004ICDXSuspicious CloneVictory International Futures, PTRetail Forex License041/SPKB/ICDX/DIR/IX/2010 However, the licenses are suspected to be fake clones, meaning that the broker might pretend to be some reputable brokers to attract customers to trade with them. You should be super cautious about this to avoid losing money.What Can I Trade on Victory International Futures?Tradable Instruments Supported Forex✔Commodities❌Indices❌Stocks❌Cryptocurrencies❌Account Type/Fees Victory International Futures offers demo accounts for clients to practice and test trading strategies. While for live accounts, the broker set anentry point of $500 to open an account, with spread from a tight level of 0.8 pips and commission of $10 per lot traded. The minimum order size is 0.1 lots and EA/signal support is available.Leverage Victory International Futures offersa leverage level of up to 1:400, which means you can control a larger position of 400 times of your initial deposit. However, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well.Trading Platform Victory indicates the use of the industry-leading MetaTrader 4 and 5 platforms, which are renowned and recognized worldwidely for their advanced charting tools and robust functionalitiess. However, no download links can be found on the broker's website, raising doubts of authenticity of this claims.Trading PlatformSupported Available Devices Suitable forMT4❌Web, mobileBeginnersMT5❌Web, mobileExperienced traders