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VICTORY INTERNATIONAL FUTURES Forex broker specializes in providing foreign exchange trading services, the company's official website https://cabinet.vifx..., the company's legitimate regulatory information IndonesiaICDXRetail Forex License, IndonesiaBAPPEBTIRetail Forex License to enhance the security of the company's address Pakuwon Center Tunjungan City Superblock Office Building Lt. 15 Unit 5-7 Jl. Embong Malang No. 1, 3, 5 Surabaya 60261

VICTORY INTERNATIONAL FUTURES Forex Broker

Basic Information

Registered Region
Indonesia
Operating Period
--
Company Name
PT Victory International Futures
Abbreviation
VICTORY INTERNATIONAL FUTURES
Company employee
--
Customer Service Email Address
info@vifx.co.id
Contact Number
+6208001565758
Company Website
Company address
Pakuwon Center Tunjungan City Superblock Office Building Lt. 15 Unit 5-7 Jl. Embong Malang No. 1, 3, 5 Surabaya 60261
Keywords
5-10 years
Regulated in Indonesia
Retail Forex License
MT5 Full License
Regional Brokers

Company profile

Victory International Futures Review SummaryFounded2004Registered Country/RegionIndonesiaRegulationBAPPEBTI, ICDXMarket InstrumentsForex, Gold, Silver, Oil, U.S. Stock IndicesDemo Account✅LeverageUp to 1:100SpreadFixed 3 points (applies to both account types)Trading PlatformMetaTrader 5 (MT5) on Windows, macOS, Android, iOSMinimum Deposit$1,000Customer SupportPhone: 0800–156–5758/031-9924-8699WhatsApp: 0822-1156-5758 (Settlement)Email: settlement@vifx.co.id / viflegal@vifx.co.idAddress: Pakuwon Center, Superblock Tunjungan City Office, Lt. 15 Unit 5-7, Jl. Embong Malang No. 1, 3, 5, Surabaya 60261Victory International Futures Information Victory International Futures, formed in 2004 and based in Indonesia, is a BAPPEBTI and ICDX-regulated broker that trades forex and commodities futures. It supports MetaTrader 5 and offers a demo account, but does not mention Islamic accounts. The broker charges fixed spreads and commissions according with local industry standards.Pros and ConsProsConsRegulated by BAPPEBTI and ICDXSwap fees not disclosedSupports MetaTrader 5 across multiple devicesLimited information about deposit and withdrawalOffers both Regular and Mini accounts + DemoIs Victory International Futures Legit? Yes, Indonesian forex broker Victory International Futures (PT. Victory International Futures) is regulated. It has a Retail Forex License from BAPPEBTI (558/BAPPEBTI/SI/XII/2004) and an ICDX license (041/SPKB/ICDX/DIR/IX/2010). Dual licenses verify the company's legality and conformity with Indonesian financial and trading laws.What Can I Trade on Victory International Futures? Victory International Futures has over 30 trading instruments, such as currencies, precious metals (gold and silver), oil, and U.S. stock indices. The broker supports numerous asset classes for diversified trading, but it doesn't say how many currency pairings or indices there are.Trading InstrumentsSupportedCurrencies✔Precious metals (gold & silver)✔Oil✔U.S. stock indices✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Victory International Futures has two kinds of live trading accounts: the Regular Account and the Mini Account. The broker doesn't say anything about Islamic (swap-free) accounts, but they do have a demo account.Leverage Both Regular and Mini accounts at Victory International Futures can use leverage up to 1:100. Leverage can make profits bigger, but it can also make losses bigger.Victory International Futures Fees Victory International Futures' trading fees are equivalent to Indonesian industry standards. The broker charges set spreads and commissions but does not disclose swap rates or variable fees.Account TypeSpreadCommissionRegular Account3 points$25 per lot per sideMini Account3 points$2.5 per 0.1 lot per sideTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMetaTrader 5 (MT5)✔Windows, macOS, Android, iOSExperienced tradersMetaTrader 4 (MT4)❌/Beginners

Rating Index

Mini

Minimum Deposit
$1,000

Regular

Minimum Deposit
$10,000
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 To get started with trading on the Victory International Futures platform, you first need to registe

  

Victory International Futures Forex Broker - Complete Information Guide

  

1. Broker Overview

  Victory International Futures is a financial services provider founded in 2003. The company is headquartered in Surabaya, Indonesia, specifically located at Pakuwon Center Superblock Tunjungan City Office Building, Lt. 15 Unit 5-7, Jl. Embong Malang No. 1, 3, 5. As a private company, it primarily serves retail clients and institutional investors in the foreign exchange market, stock indices, and commodities.

  Since its inception, Victory International Futures has established itself as a reputable broker in the Indonesian market. The company has achieved several milestones, including obtaining regulatory licenses from the Indonesian government, which have enhanced its credibility among traders. Victory International Futures operates under a retail forex license issued by the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), the regulatory agency responsible for overseeing commodity and futures trading in Indonesia.

  The business model of Victory International Futures is primarily focused on retail forex trading, providing clients with access to various financial instruments, including currency pairs, CFDs on indices, and commodities. This diverse offering allows traders to engage in different market segments, catering to various trading strategies and preferences.

  

2. Regulatory and Compliance Information

  Victory International Futures is regulated by two main authorities:

  • Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi)
  • License Number: 558/Bappebti/si/xii/2004
  • Scope: Retail forex trading in Indonesia
  • ICDX (Indonesia Commodity and Derivatives Exchange)
  • License Number: 041/sp kb/icdx/dir/ix/2010
  • Scope: Trading in commodities and derivatives

  The licenses held by Victory International Futures ensure that the broker operates within the legal framework established by Indonesian authorities. However, it is important to note that the regulatory environment in Indonesia is not as stringent as in other regions, such as the UK or EU. Consequently, the investor protection measures may not be as robust.

  Victory International Futures employs a client fund segregation policy, which means that client funds are kept in separate accounts from the company's operational funds. However, there is no specific investor compensation fund available for clients in the event of broker insolvency. The broker adheres to KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures to ensure the integrity of its operations and protect clients' funds.

  

3. Trading Products and Services

  Victory International Futures offers a variety of trading products, catering to diverse trading preferences. The key offerings include:

  •   Forex Currency Pairs: The broker provides access to major currency pairs such as EUR/USD, GBP/USD, and USD/JPY, among others. The total number of forex pairs available for trading is extensive, allowing traders to engage in various market strategies.

  •   CFD Products: Clients can trade CFDs on commodities, indices, and precious metals. This includes popular instruments like gold (XAU/USD) and silver (XAG/USD). However, the availability of stocks and cryptocurrencies is limited.

  •   Special Products: Victory International Futures does not offer unique or proprietary trading instruments but focuses on conventional market offerings.

  The broker regularly updates its product offerings based on market demand and trends, ensuring that clients have access to relevant trading instruments. Retail trading services are the primary focus, while institutional services and white-label solutions are not prominently featured.

  

4. Trading Platform and Technology

  Victory International Futures supports the MetaTrader 5 (MT5) trading platform, which is widely recognized for its advanced trading capabilities. The features of MT5 include:

  • Multi-Asset Trading: MT5 allows trading across various asset classes, including forex, commodities, and indices.
  • Automated Trading: The platform supports algorithmic trading through Expert Advisors (EAs), enabling traders to automate their strategies.
  • Mobile Trading: MT5 is available on both iOS and Android devices, providing traders with the flexibility to manage their accounts on the go.

  Victory International Futures does not have a proprietary trading platform, relying instead on MT5 for its user interface and trading functionalities. The broker operates on a market-making execution model, ensuring fast order execution and minimal slippage. The technical infrastructure is robust, with servers positioned to facilitate efficient trade execution.

  

5. Account Types and Trading Conditions

  Victory International Futures offers two main account types:

  •   Mini Account:

  •   Minimum Deposit: $1,000

  •   Spread: Starts from 3 pips

  •   Commission: $2.50 per 0.1 lot per side

  •   Leverage: Up to 1:100

  •   Minimum Trade Size: 0.1 lots

  •   Regular Account:

  •   Minimum Deposit: $10,000

  •   Spread: Starts from 3 pips

  •   Commission: $25 per lot per side

  •   Leverage: Up to 1:100

  •   Minimum Trade Size: 1 lot

  Victory International Futures also provides a demo account for new traders to practice trading strategies without financial risk. The leverage offered is consistent across account types, allowing traders to amplify their positions. However, the overnight fees and specific policies regarding them are not prominently detailed.

  

6. Fund Management

  Victory International Futures supports the following deposit and withdrawal methods:

  • Deposit Methods: Bank wire transfer is the only available method for funding accounts.
  • Minimum Deposit Requirement: $1,000 for the mini account and $10,000 for the regular account.
  • Deposit Processing Time: Typically processed within a few business days, but specific times may vary.
  • Deposit Fees: No fees are charged by the broker, but banks may impose their own charges.
  • Withdrawal Methods: Withdrawals are also processed via bank wire transfer.
  • Withdrawal Processing Time: The processing time for withdrawals is generally similar to deposits, but clients are advised to check for specific timelines.
  • Withdrawal Fees: Victory International Futures does not charge withdrawal fees, although bank fees may apply.

  

7. Customer Support and Educational Resources

  Victory International Futures provides customer support through multiple channels:

  • Support Channels: Phone, email, live chat, and social media platforms.
  • Service Hours: Support is available 24/5, covering weekdays.
  • Multilingual Support: The broker offers support in several languages, catering primarily to its Indonesian clientele.

  While the broker has some educational resources, such as FAQs and guides on using the trading platform, there are no extensive training programs, webinars, or comprehensive educational materials available for clients. Market analysis services, including daily updates and research reports, are also limited.

  

8. Regional Coverage and Restrictions

  Victory International Futures primarily serves clients in Indonesia, with a growing presence in Thailand and Singapore. The broker does not accept clients from certain regions, including the United States, New Zealand, and other countries where regulatory restrictions apply.

  The company's operations and services are designed to cater to the local market, but it also aims to attract clients from neighboring countries. However, potential clients should be aware of the limitations and ensure compliance with local regulations before engaging with the broker.

  In summary, Victory International Futures is a regulated broker in Indonesia that offers a range of trading products and services through the MetaTrader 5 platform. While it provides access to various financial instruments, potential clients should carefully consider the trading conditions, regulatory environment, and support services before opening an account.

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Latest Reviews

Alexwang

Alexwang

New Zealand

Venturing into the trading world with Victory International Futures (VIF) has its perks and pitfalls. The licensing in Indonesia brings a sense of reliability, and the diverse market instruments keep things interesting. It's accommodating to different wallets, but the risks of market volatility are real. Leverage spices up the game, but I'm wary of possible trading costs. The demo account is a good warm-up, yet I wish there was more flexibility in account features. Powerful platforms are at my fingertips, but the higher minimum account opening gave me a pause. It's a balancing act, but I'm learning the ropes.

37130

2023-12-04

tmkserrolling

tmkserrolling

Malaysia

Trading with Victory International Futures (VIF) has been quite the journey. It's comforting to know they're a licensed player in Indonesia – adds a layer of security to my investments. The variety of market instruments opens up endless possibilities, and having different account types makes it accessible for all. Leverage can be a game-changer, though I'm keeping my eyes on potential trading costs. The demo account is a nifty touch for practicing, but staying on top of market changes is key. All in all, a solid experience.

37130

2023-12-01

jaa3835

jaa3835

Thailand

Deposited money into the platform in amount of 710,000 baht and then played trading in the platform of VIF and had a balance in platform in amount of 2577400 baht, so sent a withdrawal request to service department. But instead was told that the money in our account is too much, we have to pay 30% tax first, in amount of 773,220 baht, before that money can not be withdrawn.

Exposure

2023-07-06

VICTORY INTERNATIONAL FUTURES Forex Broker has an overall rating of 7.28, Regulatory Index 6.40, License Index 6.40, Business Index 7.39, Software Index 8.81 Risk Control Index 9.68.
VICTORY INTERNATIONAL FUTURES