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Victory Giant Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

Victory Giant Broker Review

1.52

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Victory Giant Review 1

Latest All(1) Exposure(1)
Exposure

Unable to withdraw. Can’t log in to their web. It’s a fraud platform, obviously

蒋凤年
2020-12-09

  

Victory Giant 2025 Review: Everything You Need to Know

  Victory Giant, a forex broker registered in Hong Kong, has garnered considerable attention in the trading community, but the reviews tell a mixed story. This broker is often flagged for its dubious regulatory status and has been accused of operating under suspicious licensing. The overall sentiment leans heavily towards caution, as many users report difficulties in withdrawing funds and a lack of transparency regarding fees.

  Note: It is important to highlight that there are multiple entities operating under similar names in different jurisdictions. Therefore, traders should conduct thorough research to ensure they are dealing with a legitimate broker. This review synthesizes various expert opinions and user experiences to provide a balanced perspective on Victory Giant.

  

Ratings Overview:

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 3
Customer Service and Support 5
Trading Experience 4
Trustworthiness 2
User Experience 3

  We rate brokers based on a combination of user reviews, expert analyses, and factual data regarding their operations.

  

Broker Overview

  Victory Giant, officially known as Victory Giant Jukai International Co., Ltd., was established approximately 2-5 years ago. It primarily offers trading through the widely used MetaTrader 4 and 5 platforms. The broker claims to facilitate trading across various asset classes, including forex, commodities, and indices. However, it operates without a credible regulatory framework, which raises significant concerns regarding its trustworthiness.

  

Detailed Analysis

  Regulatory Status:

  Victory Giant operates without a recognized regulatory body, which is a critical red flag for potential traders. According to sources, it has been labeled as having a "suspicious regulatory license," and many experts recommend avoiding it altogether due to its lack of oversight by reputable financial authorities.

  Deposit/Withdrawal Options:

  The broker accepts deposits primarily in USD, but specific details about withdrawal methods remain vague. Users have reported significant issues when attempting to withdraw funds, with claims of being unable to access their money. Such experiences have led to a negative perception of the broker's reliability.

  Minimum Deposit:

  The minimum deposit required to open an account with Victory Giant is reported to be around $1000, which is relatively high compared to other brokers in the market. This high entry barrier may deter novice traders who are looking to start with smaller amounts.

  Bonuses/Promotions:

  There is little information available regarding any bonuses or promotional offers. This lack of incentives could be a disadvantage for traders seeking additional value from their broker.

  Cost Structure:

  The cost of trading with Victory Giant includes spreads that start at around 3 pips, which are considered above average in the industry. Furthermore, the broker has been criticized for its high commission rates, which can significantly eat into traders' profits.

  Leverage:

  Victory Giant offers leverage, but specific details regarding the maximum leverage available are not clearly stated. This ambiguity can be concerning for traders who rely on leverage to amplify their trading strategies.

  Trading Platforms Allowed:

  As mentioned earlier, Victory Giant supports both MetaTrader 4 and MetaTrader 5, which are popular among traders for their robust features and user-friendly interfaces. However, the broker's lack of proprietary tools and resources is a downside.

  Restricted Regions:

  While specific restrictions are not well-documented, the absence of a regulatory framework suggests that the broker may not be available in certain jurisdictions, particularly where strict regulations are enforced.

  Available Customer Support Languages:

  Victory Giant provides customer support primarily in English, with limited options for other languages. Users have reported mixed experiences with customer service, noting that while support is available, responses can be slow and unhelpful.

  

Summary Ratings

Category Detailed Rating (out of 10)
Account Conditions 4
Tools and Resources 3
Customer Service and Support 5
Trading Experience 4
Trustworthiness 2
User Experience 3

  

Detailed Breakdown

  •   Account Conditions: The high minimum deposit requirement of $1000 may limit access for novice traders. The account types offered lack diversity, which could be a drawback for users seeking tailored trading experiences.

  •   Tools and Resources: The absence of educational materials and advanced trading tools is a significant limitation. Users have noted that the broker does not provide adequate resources for both novice and experienced traders.

  •   Customer Service and Support: While customer support is available, the quality of service has been criticized. Users have reported delays in responses and a lack of effective solutions to their issues.

  •   Trading Experience: The trading experience is marred by high costs and a lack of transparency regarding fees. Users have expressed dissatisfaction with the overall trading environment.

  •   Trustworthiness: The lack of regulation is a major concern. Many reviews highlight issues with withdrawals and overall transparency, leading to a low trust rating.

  •   User Experience: Overall user experience has been rated poorly, primarily due to the difficulties in accessing funds and the unclear fee structure.

  •   In conclusion, while Victory Giant may offer some trading options, the significant concerns regarding its regulatory status and user experiences suggest that potential traders should exercise caution. Given the various negative reviews and expert warnings, it may be prudent to consider alternative brokers that offer more transparency and regulatory oversight.

Victory Giant review