VIPTRADE Forex Broker

VIPTRADE Review SummaryRegistered On2017-01-30Registered Country/RegionGeorgiaRegulationUnregulatedMarket InstrumentsForex, Indices, Metals, Shares, Commodities, and CryptocurrencyDemo Account✅Leverage/SpreadFrom 0.5 pips (Floating)Trading PlatformMT5 (Desktop, Webtrader, Mobile)Min Deposit$250Customer Support032 247 22 22info@viptrade.geFacebook, Instagram, LinkedIn, Twitter, YouTube, TelegramGeorgia, city Tbilisi, Mtatsminda district, Kostava street, N 36; City Tbilisi, Melikishvili street, N1VIPTRADE Information VIPTRADE is an international financial brokerage firm established in 2016, headquartered in Georgia. As an NDD (No Dealing Desk) broker, it provides trading services for financial instruments such as foreign exchange and contracts for difference (CFDs), supports the MetaTrader 5 (MT5) platform, and covers multiple global markets.Pros and ConsPros Cons Over 27,000 financial instrumentsUnregulatedMT5 availableComplex commission structureFlexible account typesHigh swap feesFree demo accountRestrictions in some countries (e.g., the U.S., Iran)Strict withdrawal review processIs VIPTRADE Legit? VIPTRADE is unregulated, even though it claims that its parent company, LLC TRADE HOLDING, obtained a license from the National Bank of Georgia in 2018 and is a formally licensed brokerage firm.What Can I Trade on VIPTRADE? VIPTRADE offers forex and CFDs covering indices, shares, metals, cryptocurrencies, and commodities.Tradable Instruments Supported Forex✔Indices✔Metals✔Shares✔Commodities✔Cryptocurrency✔ETFs❌Bonds❌Mutual Funds❌Account TypeAccount Type ISLAMICMICROPROVIPMinimum DepositsMICRO / PRO / VIP500 USD / 1500 USD / 3000 USD5K USD / 10K USD / 20K USD30K USD / 50K USD / 100K USDDiscount for Swap4pips/100%0%10% / 20% / 30%50% / 70% Individual AgreementVIPTRADE Fees Commission is charged only for foreign exchange and spot metal transactions at a rate of $45 per $100,000 traded. For non-USD accounts, conversion based on exchange rates is required. Floating spreads (as low as 0.5 pips for major currency pairs) and fixed spread accounts offer stable costs. Swap fees are calculated based on the interest rate differential between currencies plus platform commission, with triple charges applied on Fridays.Trading Platform MetaTrader 5 (MT5) supports automated trading, compatible with Expert Advisors (EAs) and High-Frequency Trading (HFT). Traders can choose real-time synchronization across desktop, mobile (iOS/Android), and web versions.Deposit and Withdrawal DepositMethodSupported CurrenciesFeeProcessing TimeBank TransferEUR / USD / GEL / GBP0.5% + bank commissionup to 3 business daysCard Payment (Visa/MasterCard)EUR / USD / GEL / GBP3%up to 3 business daysE-Wallet (Skrill, Neteller)EUR / USD / GEL / GBPFreeup to 3 business days WithdrawalSupport EUR / USD / AUD / BGN / CHF / CZK / GBP / HRK / HUF / NOK / PLN / RON / RUB / SEK to withdrawal.MethodFeeProcessing TimeBank Transfer35 USDup to 3 business daysCard PaymentFreeup to 3 business daysCash PaymentFreeup to 3 business daysBonus VIPTRADE promotional activities offer no-deposit bonuses, trading volume bonuses, and promotions for specific instruments, which need to be activated according to the activity rules. In addition, the IB program allows clients to receive a 50%-70% share of trading commissions for referring clients, with no limit on the number of referrals, and commissions are paid weekly. For more promotional information, please visit the broker's official website.