Victory International Futures 2025 Review: Everything You Need to Know
Victory International Futures has garnered mixed reviews in the online trading community, with some praising its regulatory compliance and trading conditions, while others express concerns about its high fees and limited asset offerings. This review synthesizes various perspectives on the broker, highlighting key features and user experiences.
Note: It's important to consider that Victory International Futures operates under different entities across regions, which may affect the regulatory oversight and user experience. This review aims to provide a fair and accurate assessment based on available data.
Ratings Overview
We evaluate brokers based on user feedback, regulatory compliance, and trading conditions to provide a comprehensive overview.
Broker Overview
Founded in 2004, Victory International Futures is a financial services provider based in Indonesia, regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI). The broker offers access to the MetaTrader 5 trading platform, popular among traders for its advanced features. Victory International Futures provides a range of tradable assets, including currency pairs and CFDs on gold, silver, and indices, but lacks a broader selection of commodities and stocks.
Regulatory Environment
Victory International Futures is regulated by BAPPEBTI, which provides a level of oversight, but it does not offer the same protections as Tier 1 regulators like the FCA or ASIC. This raises concerns about the safety of funds, especially for international clients. The broker operates primarily in Indonesia and is not available in several regions, including New Zealand.
Deposit and Withdrawal Methods
Deposits and withdrawals are limited to bank transfers, which can be a drawback for many traders. The minimum deposit required to open an account is $1,000 for the mini account and $10,000 for the regular account. Withdrawal processes are not well-documented, and there are no fees for withdrawals, although banks may impose their own charges.
Currently, there are no notable bonuses or promotions offered by Victory International Futures, which may deter some traders looking for incentives to join.
Tradable Asset Classes
Victory International Futures primarily focuses on forex trading, offering major currency pairs and CFDs on metals and indices. However, the absence of commodities and cryptocurrencies limits the options for traders looking to diversify their portfolios.
Cost Structure
The cost structure includes spreads starting from 3 pips, alongside a commission of $25 per lot on the regular account. This pricing is considered high compared to other brokers, where spreads can be significantly lower. The leverage offered is up to 1:100, which is relatively conservative in the current market landscape.
Traders can utilize the MetaTrader 5 platform, which supports algorithmic trading and offers various analytical tools. However, the availability of the platform may vary by region.
Restricted Regions
Victory International Futures is not available in several countries, including New Zealand and other jurisdictions with stricter regulatory frameworks, which might limit its appeal to international traders.
Available Customer Service Languages
Customer support is available in multiple languages, providing assistance via phone, email, and live chat. The support is generally rated positively, with users noting prompt and helpful responses.
Detailed Breakdown
Account Conditions (Rating: 6.5/10)
Victory International Futures offers two main account types: the mini account with a minimum deposit of $1,000 and the regular account requiring $10,000. The high minimum deposit is a significant barrier for novice traders. While the spreads start at 3 pips, the commission structure is viewed as high, particularly the $25 per lot fee on the regular account. User feedback indicates that the account conditions are acceptable but not competitive compared to other brokers.
The broker provides essential trading tools, including the MetaTrader 5 platform, but lacks comprehensive educational resources. Users have noted the absence of in-depth training materials or webinars, which could benefit novice traders. The analytical tools available, such as Autochartist, are useful, but the overall offering is limited compared to competitors.
Customer Service and Support (Rating: 6.2/10)
Customer service is available 24/5, and users generally report positive experiences with the support team. However, the lack of weekend support may be a drawback for traders who prefer assistance outside of standard business hours. The responsiveness of the support team is a noted strength, though the overall service could be enhanced with more comprehensive assistance options.
Trading Setup (Experience) (Rating: 5.4/10)
Traders have reported mixed experiences with the trading setup at Victory International Futures. While the MetaTrader 5 platform is well-regarded, the high trading costs and limited asset selection detract from the overall trading experience. Additionally, the lack of transparency regarding withdrawal processes raises concerns among users.
Trust Level (Rating: 5.8/10)
The regulatory oversight provided by BAPPEBTI offers some level of trust, but the absence of Tier 1 regulation and mixed reviews from users create a moderate level of concern regarding fund safety. The broker's operational history is relatively short, and potential clients are advised to exercise caution.
User Experience (Rating: 6.0/10)
Overall, user experiences with Victory International Futures are varied. While some traders appreciate the broker's regulatory status and trading conditions, others express dissatisfaction with the high fees and limited asset offerings. The feedback indicates that while the broker is functional, it may not be the optimal choice for all traders.
In summary, Victory International Futures presents a mixed bag of features and user experiences. While it offers a regulated environment and a popular trading platform, the high fees and limited asset selection may deter some traders. Potential clients are encouraged to weigh these factors carefully before opening an account.
