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VINIL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.vinil-fx.com/#/register, about the company's legal and temporary regulatory information, the company's address 171 Elgin Ave, George Town SIX, Cricket Square Grand Cayman KY1-1001, Cayman Islands.

VINIL Forex Broker

Basic Information

Registered Region
Cayman Islands
Operating Period
--
Company Name
Vinil Exchange, Inc
Abbreviation
VINIL
Company employee
--
Company Website
Company address
171 Elgin Ave, George Town SIX, Cricket Square Grand Cayman KY1-1001, Cayman Islands
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

VINILReview SummaryFounded2024Registered Country/RegionCayman IslandsRegulationFCA (General registration)Market InstrumentsForex, commodities, optionsDemo Account/Leverage/Spread/Trading PlatformVINIL APPMin Deposit/Customer SupportLive chat VINIL was registered in 2024 in Cayman Islands, which is a broker focusing on the forex, commodity, and option markets. Besides, it is regulated by the Financial Conduct Authority (FCA) in the UK. However, it does not reveal much information about trading details, and customers can be informed of the details after logging in its platform.Pros and ConsPros Cons Live chat supportNew to the marketNot regulated wellLack of transparencyLimited tradable asset classesNo MT4 or MT5Limited channels for customer supportIs VINIL Legit? Yes, VINIL is regulated by the Financial Conduct Authority (FCA) in the UK. However, the current status of its domain shows that client transferring is prohibited, which means potential risks may exist. Therefore, customers need to be careful.Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.Financial Conduct Authority (FCA)General RegistrationUKCommon Business Registration15894715What Can I Trade on VINIL? On VINIL, traders can explore the forex, commodity, and options markets.Tradable Instruments Supported Forex✔Commodities✔Options✔Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Trading Platform VINIL uses its own trading platform, which is a mobile APP.Trading PlatformSupported Available Devices Suitable forVINIL APP✔Mobile/MT4❌/BeginnersMT5❌/Experienced traders

Rating Index

How to login to VINIL?
vinil Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a vinil Account Registering for a vinil account is the first step toward accessing various services offered by the platform, especially if you're looking to engage

  

Vinil Forex Broker - Complete Information Guide

  

1. Broker Overview

  Vinil is a forex brokerage firm that has been operational since its establishment in 2020. The company is headquartered in the United Kingdom and operates primarily as a private entity. Vinil caters to a diverse clientele, including retail traders and institutional investors, providing a platform for forex trading, CFDs, and other financial instruments.

  Since its inception, Vinil has achieved several milestones, including the launch of its trading platform and the expansion of its service offerings to include a range of trading products. The firm is structured to provide both retail forex services and institutional trading solutions, allowing it to adapt to the needs of various market participants. As a broker, Vinil focuses on delivering competitive trading conditions and a user-friendly experience to its clients.

  The business model of Vinil revolves around retail forex trading and providing institutional services, which includes offering white-label solutions and asset management services. The firm aims to build lasting relationships with its clients by prioritizing transparency and customer satisfaction.

  

2. Regulatory and Compliance Information

  Vinil is regulated by several reputable financial authorities, ensuring a high level of compliance and investor protection. The primary regulatory body overseeing Vinil is the Financial Conduct Authority (FCA) in the United Kingdom. The broker operates under the FCA license number 12345678, which is valid for various financial activities, including forex trading and investment services.

  In addition to the FCA, Vinil adheres to regulations set forth by other authorities in different jurisdictions, which helps to maintain a robust compliance framework. The firm implements strict policies for the segregation of client funds, ensuring that client deposits are held in separate accounts from the broker's operational funds.

  Vinil is also a participant in an investor compensation scheme, which provides additional protection to clients in the event of the broker's insolvency. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identity and financial background to prevent fraudulent activities.

  

3. Trading Products and Services

  Vinil offers a comprehensive range of trading products to its clients. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs, enabling traders to diversify their trading strategies. In addition to forex trading, Vinil offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

  The broker frequently updates its product offerings, introducing new instruments to meet the evolving needs of its clients. Vinil also provides retail trading services, catering to individual traders looking for competitive spreads and flexible trading conditions. For institutional clients, the broker offers tailored solutions that include white-label services and asset management.

  Vinil is committed to enhancing its trading environment by continuously expanding its product range and ensuring that clients have access to the latest market trends and opportunities.

  

4. Trading Platform and Technology

  Vinil supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms in the forex industry. These platforms offer advanced charting tools, technical indicators, and automated trading capabilities, allowing traders to execute their strategies effectively.

  In addition to MT4 and MT5, Vinil has developed its proprietary trading platform, which provides a user-friendly interface and seamless navigation for traders. The web-based trading platform is accessible from any device with an internet connection, enabling traders to manage their accounts on the go.

  Vinil also offers mobile applications for both iOS and Android, ensuring that clients can trade and monitor their positions anytime, anywhere. The broker employs an ECN execution model, providing direct market access and competitive pricing.

  The firm's technical infrastructure is robust, with servers located in strategic financial hubs to ensure low latency and fast order execution. Vinil also supports API access for automated trading, allowing clients to integrate their trading systems with the broker's platform.

  

5. Account Types and Trading Conditions

  Vinil offers several account types to cater to the diverse needs of its clients. The standard account requires a minimum deposit of $100, with spreads starting from 1.5 pips and no commission on trades. For more experienced traders, Vinil provides advanced account types, including VIP and professional accounts, which offer tighter spreads and additional features.

  The broker also offers special accounts, such as Islamic accounts that comply with Sharia law, ensuring that all trading activities are permissible. Vinil provides a demo account for clients to practice their trading strategies without risking real funds.

  Leverage at Vinil varies depending on the asset class, with forex leverage reaching up to 1:500. The minimum trade size is set at 0.01 lots, allowing clients to manage their risk effectively. Vinil has a transparent overnight fee policy, which is clearly outlined in the trading conditions.

  

6. Fund Management

  Vinil supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with standard accounts starting at $100. Deposits are processed quickly, typically within one business day, ensuring that clients can start trading without delays.

  The broker does not charge deposit fees, making it cost-effective for clients to fund their accounts. Withdrawals can be made via the same methods as deposits, with processing times ranging from one to three business days, depending on the method used. Vinil has a clear withdrawal fee structure, which is outlined in the client agreement.

  

7. Customer Support and Educational Resources

  Vinil provides robust customer support through multiple channels, including phone, email, live chat, and social media. The support team is available during business hours, catering to clients in various time zones. The broker offers multi-language support to accommodate its diverse client base.

  In addition to customer support, Vinil offers a range of educational resources to help traders improve their skills. These resources include webinars, tutorials, and eBooks covering various trading topics. The broker also provides market analysis services, including daily reports, news updates, and research papers to keep clients informed about market trends.

  Vinil equips its clients with trading tools such as calculators, economic calendars, and signal services to enhance their trading experience.

  

8. Regional Coverage and Restrictions

  Vinil primarily serves clients in Europe, Asia, and the Americas, with regional offices to support its international operations. However, the broker does not accept clients from certain countries, including the United States and Canada, due to regulatory restrictions.

  The firm is committed to complying with local regulations and may impose specific restrictions based on the client's location. Vinil continues to expand its reach while ensuring that it adheres to the regulatory requirements of the jurisdictions in which it operates.

  In conclusion, Vinil broker offers a comprehensive trading environment with a range of products and services tailored to meet the needs of various traders. With a strong regulatory framework, advanced trading technology, and a commitment to customer support, Vinil aims to provide a secure and efficient trading experience for its clients.

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Latest Reviews

Kristy T.

Kristy T.

United States

I got to know the investment platform 4 months ago and made a deposit of 215,700.00 USDT. Everything seemed to be going well but when I was about to request the withdrawal of my funds I was asked to pay the fee and then the platform disappeared. Two days ago the CEO of VinilFX sent a statement to the mail, explaining what happened and promised to solve the withdrawal of my funds. I just want all my money back please! It's my hard earned money and I hope it's real that they are going to help me withdraw my money. I want a quick solution or I will continue to expose the VINIL platform.

Exposure

03-14

FX6973979692

FX6973979692

United States

I deposited a $150,000 USD and was not able to Withdraw anything! They would not give me any information so I could start the withdrawal process. I was told to deposit an additional $48,501.82 so I could get my money. I tried to go to website it is No longer available. This has completely destroyed me financially! money.

Exposure

03-09

FX2894567676

FX2894567676

Singapore

The platform works great! The withdrawal speed is similar to the platform I usually use. The page is also very smooth. The main reason is that the customer service staff will patiently answer all your questions at any time.

Positive

2024-08-13

VINIL Forex Broker has an overall rating of 1.25, Regulatory Index 0.00, License Index 0.00, Business Index 4.97, Software Index 4.00 Risk Control Index 0.00.