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
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