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VIG Investment Forex Broker provides real users with * positive reviews, 1 neutral reviews and 4 exposure review!

VIG Investment Broker Review

1.48

WikiFX monitor

Business

Influence E

License

No license

VIG Investment Review 5

Latest All(5) Neutral(1) Exposure(4)
Exposure
Unable to withdraw

I started to apply for withdrawal at the end of November last year, but all of them were stuck in the pending state, and no withdrawal has been made so far.

Frank Lee
2023-01-11
Exposure
Unable to withdraw funds resulting in breach of contract will not be processed

From 11.20th when I applied for supervision, I couldn’t withdraw funds, and until 1.2, we couldn’t get our money back. It was said that MT5 breached the contract, which caused the funds to be withdrawn by risk control. MT5 was removed from the shelves at any time, but now MT5 Still trading, but no money, ask the platform to make a judgment and pay me back

xiaoxiao0101
2023-01-06
Exposure
Unable to withdraw

VIG announced that 1/2 of the withdrawals will be completed, but the actual withdrawals have not been made, and all the withdrawn funds are stuck in pending processing.

Frank Lee
2023-01-03
Exposure
Unable to withdraw

Apply for FCA on Nov. 20. Do not withdraw for one and half month. Fraud

FX4180581940
2023-01-03
Neutral

If you don’t understand, just ask, has this broker run away or what’s going on, why all the information on the website is gone, and it’s blank. . . Suddenly I am glad that I didn't choose to invest in them because I didn't have much money.

.AA
2022-12-15

  

VIG Investment 2025 Review: Everything You Need to Know

  VIG Investment has garnered significant attention in the online trading community, but the consensus among users and experts is largely negative. With multiple reports highlighting issues related to withdrawals, lack of regulation, and questionable operational practices, traders are advised to proceed with caution when considering this broker. Notably, VIG Investment operates without valid regulatory oversight, which raises serious concerns regarding the safety of client funds.

  Note: It's important to be aware that VIG Investment may operate under different entities across various regions, which can complicate the regulatory landscape and the overall trustworthiness of the broker.

  

Rating Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 5
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 3

  We assess brokers based on user feedback, expert opinions, and available data to provide an accurate overview.

  

Broker Overview

  Founded in 2022, VIG Investment is purportedly managed by Vanguard International Group and claims to offer a comprehensive trading experience. The broker provides access to the widely-used MetaTrader 5 (MT5) platform, allowing traders to engage in forex, commodities, and indices trading. However, the absence of valid regulatory oversight raises questions about its legitimacy and the safety of client funds. Reports indicate that VIG Investment has no affiliation with recognized regulatory bodies, which is a significant red flag for potential investors.

  

Detailed Section

  Regulated Geographic Regions/Areas:

  VIG Investment is unregulated, with no valid licenses from any major financial authorities. The Hong Kong Securities and Futures Commission has issued warnings against the broker, indicating that it operates without authorization in the region. This lack of regulation is a serious concern for traders, as it implies that the broker is not held to any standards of accountability.

  Deposit/Withdrawal Currencies/Cryptocurrencies:

  The broker allows deposits through wire transfers and USDT (Tether) cryptocurrency. However, reports suggest that withdrawals can be problematic, with many users claiming they were unable to access their funds after making deposits. This raises significant concerns about the broker's operational integrity.

  Minimum Deposit:

  The minimum deposit required to open an account with VIG Investment is $100. While this amount may seem accessible, the associated risks of trading with an unregulated broker far outweigh the benefits.

  Bonuses/Promotions:

  There is limited information available regarding bonuses or promotions offered by VIG Investment. Many regulated brokers typically offer promotional incentives, but the absence of such details might indicate a lack of competitive offerings.

  Tradeable Asset Classes:

  VIG Investment claims to provide trading opportunities in forex, commodities, and indices. However, the absence of a demo account and the lack of transparency regarding the specific assets available for trade are concerning.

  Costs (Spreads, Fees, Commissions):

  VIG Investment advertises tight spreads, but specific details are lacking. Without clear information on spreads and hidden fees, traders may find themselves facing unexpected costs.

  Leverage:

  The broker offers leverage of up to 1:500, which is significantly higher than what is permitted by regulated entities in many jurisdictions. While high leverage can amplify potential returns, it also increases the risk of substantial losses.

  Allowed Trading Platforms:

  VIG Investment primarily uses the MetaTrader 5 platform, which is well-regarded for its advanced trading features. However, user feedback suggests that the platform may not function as effectively as advertised, with some users reporting issues accessing the full capabilities of MT5.

  Restricted Regions:

  VIG Investment reportedly targets traders from the United States, Canada, and other regions. However, the lack of regulation in these areas makes it a risky choice for investors.

  Available Customer Service Languages:

  Customer support is available primarily in English, but the effectiveness of this support has been questioned. Many users report difficulties in reaching customer service, especially when attempting to withdraw funds.

  

Repeated Rating Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 5
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 3

  

Detailed Breakdown

  •   Account Conditions: Users have reported that account conditions are not favorable, with high barriers to withdrawal and a lack of transparency regarding fees and commissions.

  •   Tools and Resources: While VIG Investment offers MT5, the lack of a demo account and limited educational resources hinder new traders' ability to learn and practice effectively.

  •   Customer Service and Support: Despite offering 24/5 support, many users have expressed frustration over slow response times and unhelpful support when issues arise.

  •   Trading Setup (Experience): The trading experience has been marred by reports of technical difficulties and withdrawal problems, leading to a negative perception among users.

  •   Trustworthiness: The absence of regulation and numerous complaints about withdrawal issues contribute to a low trust rating for VIG Investment.

  •   User Experience: Overall user experience is poor, with many traders feeling trapped by the broker's withdrawal policies and lack of transparency.

  •   In conclusion, while VIG Investment presents itself as a viable trading option, the overwhelming consensus from user reviews and expert opinions suggests that it is best approached with caution. The lack of regulation and numerous complaints about withdrawal issues should be significant deterrents for potential investors.

VIG Investment review