VIPS FX Forex Broker

VIPS FXReview SummaryFounded2-5 yearsRegistered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsIndices, CurrencyPairs, and MetalsDemo Account✔LeverageUp to 1:500SpreadFrom 0.1 pipsTrading PlatformMT5(Windows/Android/iOS)Min Deposit$100Customer SupportPhone: +971 569603127Email: support@vipsfx.orgVIPS FX Information VIPS FX is a forex broker. The tradable instruments with a maximum leverage of 1:500 include indices, currency pairs, and metals. The minimum spread is from 0.1 pips and the minimum deposit is $100. VIPS FX is still risky due to its unregulated status, high leverage, and closed official website.Pros and ConsPros Cons MT5 availableUnregulatedSpread as low as 0.1 pipsOfficial website closedLeverage up to 1:50024/5 live supportDemo account availableIs VIPS FX Legit? VIPS FX is not regulated, which makes it less safe than regulated brokers.What Can I Trade on VIPS FX? Traders can choose different investment directions because the broker provides indices, currency pairs, and metals.Tradable Instruments Supported Currency Pairs✔Indices✔Metals✔Cryptocurrencies❌Shares❌ETFs❌Bonds❌Mutual Funds❌VIPS FX Fees The spread is from 0.1 pips, and the commission is up to $15.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform VIPS FX has an authoritative MT5 trading platform for Windows, Android, and iOS. Compared with MT4, experienced traders prefer MT5.Trading PlatformSupported Available Devices MT5✔Windows/Android/iOSDeposit and Withdrawal The minimum deposit is $100. XX offers multiple deposit and withdrawal methods, including Cirrus, DISCOVER, Maestro, etc. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.Customer Support Options VIPS FX provides 24/5 customer support, and traders can contact the forex broker via phone and email.Contact Options DetailsPhone +971 569603127Email support@vipsfx.orgSupported Language EnglishWebsite Language EnglishPhysical Address 71-75, Shelton Street, Covent Garden, London, UnitedKingdom, wC2H9JQ