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Victory International Futures Forex broker specializes in providing foreign exchange trading services, the company's official website https://vifx.co.id/r..., the company's legitimate regulatory information IndonesiaBAPPEBTIForex Trading License (EP), IndonesiaICDXDerivatives Trading License (EP) to enhance the security of the company's address

Victory International Futures Forex Broker

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Victory International Futures

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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
How to login to Victory International Futures?

Victory International Futures Similar Brokers

Latest Reviews

Pros
Regulated by Bappebti and ICDX, providing a level of credibility.
Supports the popular MetaTrader 5 platform, which offers advanced trading features.
Offers a demo account for traders to practice and familiarize themselves with the platform.
Cons
High minimum deposit requirement of $1,000, which may deter new traders.
Trading fees, including spreads and commissions, are considered above average compared to competitors.
Limited payment options for deposits and withdrawals, restricted to bank transfers only.

Basic Information

Registered Region
Indonesia
Operating Period
--
Company Name
PT. Victory International Futures
Abbreviation
Victory International Futures
Company employee
--
Customer Service Email Address
vifxpro@vifx.co
Contact Number
0878-8081-9277
How to login to Victory International Futures?
Victory International Futures Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Victory International Futures Account Registering for a Victory International Futures account is the first step to accessing their trading services. Follow these detailed steps to complete the registration process: Accessing the Registration Page: Visit the official Victory International Futures website at vifx.co.id. Look for the “Open Trading Account” button prominently displayed on the homepage. Click it to proceed. Filling in Required Information: Enter your email address and create a strong password. Ensure your password is at least eight characters long and includes a mix of letters and numbers. Complete the CAPTCHA verification to confirm you are not a robot. Email/Phone Verification: After submitting your initial information, check your email for a verification code sent by Victory International Futures. Enter this code in the provided field on the registration page to confirm your email address. Identity Verification (if required): Depending on regional regulations, you may be required to provide additional personal information, such as your full name, date of birth, and identification code. Upload any necessary documents for verification, like a government-issued ID. Registration Confirmation: Once you have filled in all required fields and submitted the necessary documents, you will receive a confirmation message indicating that your registration is complete. You may be prompted to set up a demo account or proceed directly to your live account. Common Registration Issues and Solutions Email Verification Not Received: Check your spam folder or request a new verification email from the registration page. Incorrect Information Entry: If you realize you've made a mistake, contact customer support for assistance in correcting your registration details. Regional Differences in Registration Users from different regions may encounter varying requirements during the registration process. For instance, additional identification may be required for users in certain countries due to stricter financial regulations. Always verify local regulations before starting the registration process. Part Two: Account Opening Process Victory International Futures Account Opening Detailed Guide Once you have successfully registered, the next step is to open your trading account. Heres how to navigate the Victory International Futures account opening process: Explanation of Differences Between Registration and Account Opening While registration involves creating an account, account opening refers to the process of selecting the type of account you wish to trade with and providing the necessary documentation. Preparation Work Before Account Opening Before you begin the account opening process, ensure you have the following: A valid form of identification (passport, national ID). Proof of address (utility bill, bank statement). Any additional documents that may be required based on your region. Detailed Account Opening Steps: Selecting Account Type: Log in to your account on the Victory International Futures website. Choose between the available account types: Mini Account (minimum deposit $1,000) or Regular Account (minimum deposit $10,000). Submitting Required Documents: Upload the required documents for identity verification. This typically includes a scanned copy of your ID and proof of address. Ensure all documents are clear and legible to avoid delays. Account Review Process: After submitting your documents, Victory International Futures will review your application. This process can take anywhere from a few hours to a couple of days, depending on the volume of applications. Account Activation: Once your account is approved, you will receive a notification via email confirming that your account is active. You will also receive your account credentials. Initial Setup: Log in to your newly activated account and set up your trading platform (MetaTrader 5) by downloading it from the official website. Customize your trading settings and preferences before you start trading. Frequently Asked Questions About Account Opening How long does the account opening process take? Typically, the review and approval process can take up to 48 hours, but it may vary based on the completeness of your documents. What if my account opening application is denied? If your application is denied, you will be informed via email with reasons for the denial. You may reapply after addressing the issues mentioned. Next Steps After Opening an Account Once your account is open, you can start trading by depositing funds into your account. Familiarize yourself with the trading platform and consider starting with a demo account to practice your strategies. Part Three: Login Guide Victory International Futures Login Process Explained Logging into your Victory International Futures account is straightforward. Heres how to do it: Basic Web Login Process: Navigate to the Victory International Futures website. Click on the “Login” button located at the top right corner of the homepage. Enter your registered email address and password. Complete any CAPTCHA verification if prompted. Click “Login” to access your trading account. Mobile App Login Process: If you have downloaded the MetaTrader 5 mobile app, open the app. Enter your login credentials (email and password) and tap “Login” to access your account. Other Login Methods: Currently, Victory International Futures does not support third-party login options or Single Sign-On (SSO). All logins must be done through their official website or the MetaTrader 5 app. Common Login Issues and Solutions Forgotten Password: Use the “Forgot Password?” link on the login page to reset your password via email. Account Lockout: If you enter incorrect login details multiple times, your account may be temporarily locked. Contact customer support to unlock your account. Technical Issues: Ensure your internet connection is stable. If problems persist, clear your browser cache or try accessing your account from a different device. Special Instructions for First-Time Login Upon first logging in, you may be prompted to set up additional security measures, such as two-factor authentication, to enhance account security. Overview of Features After Login Once logged in, you will have access to various features, including: Account balance and transaction history. Trading tools and analytics. Options to deposit or withdraw funds. Access to educational resources and market analysis. Additional Sections: Account Security Recommendations Always enable two-factor authentication for added security. Use a strong, unique password and change it regularly. Be cautious of phishing attempts and only log in through the official website. Best Practices for Account Management Keep track of your trading activities and regularly review your account statements. Set clear trading goals and stick to your strategies. Utilize demo accounts to practice new strategies without risk. How to Get Technical Support If you encounter any issues, Victory International Futures offers 24/5 customer support via: Phone: +62 0800 - 156 - 5758 Email: settlement@vifx.co Live chat on their website. By following this comprehensive guide, you should be well-equipped to navigate the registration, account opening, and login processes for Victory International Futures. Always stay informed and vigilant to ensure a smooth trading experience.

Victory International Futures Broker - Complete Information Guide

1. Overview of the Broker

Victory International Futures, established in 2003, is a financial services company headquartered in Surabaya, Indonesia. This brokerage is privately owned and operates under the regulatory oversight of the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) and the Indonesia Commodity and Derivatives Exchange (ICDX). Victory International Futures primarily serves retail clients, providing access to various financial markets, including forex, indices, and commodities.

Over the years, Victory International Futures has made significant strides in the trading industry. It has built a reputation for offering competitive trading conditions and a user-friendly trading platform. The company has achieved important milestones, such as obtaining its regulatory licenses and expanding its range of trading instruments.

As a retail forex broker, Victory International Futures focuses on providing individual traders with the tools and resources needed to navigate the financial markets effectively. The company's business model emphasizes transparency and customer support, ensuring that traders can engage confidently in their trading activities.

2. Regulatory and Compliance Information

Victory International Futures is regulated by two primary authorities: the Bappebti and the ICDX. The regulatory license numbers are as follows:

  • Bappebti: 558 / Bappebti / SI / XII / 2004
  • ICDX: 041 / SP KB / ICDX / DIR / IX / 2010

These licenses grant Victory International Futures the authority to operate as a retail forex broker, primarily within Indonesia. The regulatory framework ensures that the broker adheres to specific standards, although it is worth noting that the Indonesian regulatory environment is not as stringent as that of some other jurisdictions, such as the UK or Australia.

Victory International Futures maintains a client fund segregation policy, which means that client funds are kept separate from the company's operational funds. However, there is no participation in an investor compensation fund, which could provide additional protection for clients in the event of broker insolvency.

To comply with international standards, Victory International Futures implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to verify the identity of its clients and to prevent fraudulent activities.

3. Trading Products and Services

Victory International Futures offers a diverse range of trading products to cater to various trading strategies and preferences. The broker provides access to:

  • Forex Currency Pairs: A selection of major currency pairs, including EUR/USD, GBP/USD, and USD/JPY.
  • CFDs on Indices: Trading opportunities on major global indices, although specific indices available for trading are not detailed.
  • Precious Metals: Traders can participate in the trading of gold (XAU/USD) and silver (XAG/USD) as safe-haven assets.
  • Commodities: Opportunities to trade on oil and other commodity futures.

The broker continually updates its product offerings to reflect market demand, ensuring clients have access to a comprehensive suite of trading instruments. While primarily focused on retail trading, Victory International Futures does not currently offer services tailored for institutional clients or white-label solutions.

4. Trading Platforms and Technology

Victory International Futures supports the MetaTrader 5 (MT5) trading platform, which is renowned for its advanced trading functionalities and user-friendly interface. MT5 allows traders to engage in both manual and automated trading, utilizing expert advisors (EAs) for algorithmic trading strategies.

The broker does not offer a proprietary trading platform but provides MT5 across various devices, including desktop, mobile, and web applications. This ensures that traders can access their accounts and execute trades from anywhere at any time.

Victory International Futures employs a market execution model, ensuring that trades are executed quickly and efficiently. The broker's servers are strategically located to enhance execution speed and reliability. Additionally, the platform offers API access, enabling traders to integrate their trading strategies with external tools and systems.

5. Account Types and Trading Conditions

Victory International Futures offers two primary account types: the Mini Account and the Regular Account.

  • Mini Account:

  • Minimum Deposit: $1,000

  • Spread: Starting from 3 pips

  • Commission: $2.5 per 0.1 lot per side

  • Leverage: Up to 1:100

  • Minimum Trade Size: 0.1 lots

  • Regular Account:

  • Minimum Deposit: $10,000

  • Spread: Starting from 3 pips

  • Commission: $25 per lot per side

  • Leverage: Up to 1:100

  • Minimum Trade Size: 1 lot

Both accounts offer competitive trading conditions, but the higher minimum deposit for the Regular Account may limit access for some traders. Victory International Futures also provides a demo account for traders to practice their strategies without financial risk.

6. Fund Management

Victory International Futures supports bank wire transfers as the primary method for both deposits and withdrawals. The minimum deposit requirement is $1,000 for the Mini Account and $10,000 for the Regular Account.

Deposits are processed quickly, typically within one business day. However, there are no specific details available regarding withdrawal processing times or fees, which may vary based on the client's bank policies. It's important to note that all wire transfers are final, meaning that clients should ensure they are comfortable with their decision before making a deposit.

7. Customer Support and Educational Resources

Victory International Futures provides customer support through various channels, including:

  • Phone: +62 31 9924 8699
  • Email: settlement@vifx.co.id
  • Online Chat: Available on the website

The support team is accessible from Monday to Friday, offering assistance in multiple languages to cater to its diverse client base.

In terms of educational resources, Victory International Futures offers limited materials, primarily FAQs and guides on account setup and trading procedures. Traders seeking in-depth educational content may need to rely on third-party resources for comprehensive training.

8. Regional Coverage and Restrictions

Victory International Futures primarily serves clients in Indonesia and surrounding regions. The broker has established a presence in Southeast Asia, with a focus on providing trading services to local traders. However, it does not accept clients from certain jurisdictions, including the United States and countries with stricter regulatory requirements.

The company maintains a central office in Surabaya, Indonesia, and operates without any significant restrictions in its primary markets. However, traders should verify their eligibility based on local regulations before opening an account.

In summary, Victory International Futures broker provides a range of trading products and services within a regulated framework, although potential clients should be aware of the higher minimum deposit requirements and limited educational resources. As always, it is advisable to conduct thorough research and consider personal trading needs before engaging with any brokerage.

Latest Reviews

主持人

主持人

United States

My friend in Indonesia recommended me Victory International Futures, but he didn't tell me that the company only provides services in Indonesian, hahaha. I couldn't read it at all.

37130

2023-03-03

Victory International Futures Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.88, Software Index 4.00 Risk Control Index 0.00.
Victory International Futures