Company profile
Note: VIP Global Markets's official website - https://vipglobalmarkets.com/ is currently inaccessible normally.VIP Global Markets Review SummaryFounded2022Registered Country/RegionUnited KingdomRegulationNo RegulationMarket InstrumentsForex, Cryptos, Indices and SharesDemo Account/LeverageUp to 1:400Spread/Trading PlatformMetaTrader 4, VIP Global Markets online platformMin Deposit$250Customer SupportTel: +44 2035193499Email: support@vipglobalmarkets.trade Founded in 2022, VIP Global Markets is an UK-based broker with no regulatory oversight, claiming to offer trading in Forex, Crypto, Indices, and Shares. They propose high leverage of up to 1:400 and claim to provide trading platforms such as MetaTrader 4 and their own online platform, although there is no download link for MT4available on their site. The minimum deposit requirements vary inconsistently between $250 and $1 000, which is significantly high compared to industry standards.Pros and ConsPros Cons Diverse tradable assetsNon-functional websiteMT4 platformNo regulationHigh min deposit requirementIs VIP Global Markets Legit? Currently, VIP Global Markets does not have valid regulatory oversight. It is advisable to consider alternative brokers that are regulated and operate with transparency.What Can I Trade on VIP Global Markets? VIP Global Markets claims to offer traders with Forex, Crypto, Indices and Shares.Tradable Instruments Supported Forex✔Indices✔Shares✔Cryptocurrencies✔Commodities❌Bonds❌Options❌ETFs❌Account Type Inconsistently, VIP Global Markets' stated minimum deposit requirements vary between $250 and $1000, which are significantly high thresholds. This contrasts with many reputable brokers that typically demand substantially lower initial investments, sometimes as minimal as $10, to establish a trading account.Leverage VIP Global Markets claims to provide a maximum leverage of 1:400. Be mindful when trading with high leverage, as it can increase both your profits and your losses.Trading Platform VIP Global Markets claims to offer both MetaTrader 4 and its own online platform. However, there is no download link for MT4 on their website.Trading PlatformSupported Available Devices Suitable for Proprietary platform✔//MT4✔/BeginnersMT5❌/Experienced tradersDeposit and WithdrawalPayment OptionWithdrawal FeeVisa 0.5% per transaction, min $30MasterCardWire transfer
Dellry
South Korea
VIP Global Markets is top-notch when it comes to spreads and customer support. Their spreads are tight and competitive, and their customer support team is always there to help, no matter what.
Positive
2024-07-22