Search

Vipotor Forex Broker provides real users with * positive reviews, * neutral reviews and 90 exposure review!

Vipotor Broker Review

Rating Index
1.50
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.91
WikiFX Detection

Business

Influence E

License

No license

Vipotor Review 90

All(90) Exposure(90)
Exposure
Unavailable website

Unavailable website. I contacted with the customer service and they did not reply.

FX2846977132
2021-10-16
Exposure
Hong Tianfeng, a scammer who rejected withdrawals. At present, they have established a new group (Fortune Financial) to defraud the money.

Since the beginning of October 110, I joined self-proclaimed teacher Hong Tianfeng in the online group in the online group through a friend’s recommendation. I first experienced the shares, and then I asked to be a member to get the shares. I have been changing to new groups. I have been in several groups. It’s their own staff. Chen Manling, Linna, Yu Fei, etc., are all fake photos of mainland beauties. Every Tuesday, Thursday, and Sunday at 8 pm, they claim to be Hong Kongshi course with intelligent quantification and foreign exchange. Recommend us to deposit vipotor to quantify and stabilize income. I also lied that a company would be established at the end of November and early December. Several friends around me were scammed by Hong Tianfeng. After depositing USD 10,000 to 10,000, they could withdraw normally at the beginning, and later invested a large amount of money. It was impossible to withdraw funds. I argued that the platform account was stolen and the payment was not received. Only then did I know that the group’s accomplices were all accomplices in the fraudulent group organization. One is more abominable than the other, and it is said that they will negotiate with the platform, so far. There was no news for more than a month, the line group asked Teacher Hong to reply and kicked my friend and me out, which is very damning.

FX3899225192
2021-11-05
Exposure
Induced fraud

I used same website with this person. How come that he does not committ a loss but I do. I think there is a problem.

劉炳宏
2021-12-03
Exposure
Unable to withdraw. Severe slippage. Induced fraud

Deception. It’s so abhorrent, it’s all hard-earned money. The fraud platform will not end well. Don’t let people be deceived again. Let people invest money and withdraw money for a lot of reasons, what teacher Hong Tianfeng. The black-hearted dog has not come out to face the solution since the end of last year. Don't let anyone be deceived by this platform and Hong Tianfeng.

FX9971157002
2022-08-25
Exposure
Unable to withdraw money at all

My family has been deceived for tens of million. The investment curve is designed to lose money for family to see, but my picture is to make money. It is like financial shuffle in batches. At the beginning, they will give you money to make you trust it, and then they will not give you money. They used to tell me not to withdraw money just in the competition, and I would not reply when I harvested it later. The withdrawal must go through an assistant, and my family almost couldn’t think of it. Please check this article and don't be deceived!

李世偉
2022-05-17
Exposure
Unable to withdraw. Induce fraud. Serious slippage

Please help!!!!!!!!!!!!!!!!!!!!! Fraud hat can't withdraw money and need to pay 20% margin, It said it involved money laundering, and after paying it, said the money transfer merchant was invited to drink tea , In the end, he said that the system was attacked by a black swan and the entire money was completely gone, and he also said that he had to make up for the losses before he could make up for it. Oh my God! All requests for solutions are accumulated, completely lost, how can people survive. Return it quickly !Don't be deceived again

FX9971157002
2022-05-11
Exposure
Unable to withdraw. Induce fraud and serious slippage

Begging Wiki to bring justice, help innocent people who have been deceived. It’s too abhorrent, people can’t live anymore. They demand 20% margin of the deposit, and after paying it, they say that payer was invited to police office, and finally the money is gone and I have to make it up by deposit. Don't be deceived again, and make the family broken[d83d][de2d]

FX9971157002
2022-04-29
Exposure
Unable to withdraw and severe slippage. Induced fraud

I beg the WikiFXs to step in and bring justice! Give some warning to those unscrupulous platforms and also give some justice to some innocent people who have been deceived. It's too hateful. It's all hard-earned money and all the savings. How can people live! You need to pay a deposit of 20%, I paid but I didn’t withdraw the money. I said that the money changer was invited to have tea and there was no time. In the end, when the money was gone, they still need more deposit. Do you want us to be alive? My family and I are almost gone.

FX9971157002
2022-04-29

Vipotor 2025 Review: Everything You Need to Know

Summary: Vipotor, a forex broker that claims to operate from the UK, has been widely flagged as unregulated and potentially fraudulent. Reviews indicate significant concerns regarding its legitimacy, with many users reporting difficulties in withdrawing funds and encountering aggressive sales tactics.

Attention: It is crucial to note that Vipotor operates under various entities across regions, which complicates its regulatory status. The discrepancies in user experiences highlight the need for caution and thorough research before engaging with this broker.

Ratings Overview

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

How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding services provided.

Broker Overview

Founded in 2019, Vipotor operates under the name Vipotor Wealth Ltd, claiming to provide trading services in forex and CFDs. The broker promotes the widely used MetaTrader 4 (MT4) platform, offering users a familiar interface for trading. However, it is essential to highlight that Vipotor lacks regulation from any major financial authorities, raising significant red flags regarding user safety and fund security.

Detailed Sections

Regulatory Status

Vipotor has been flagged as an unregulated broker, with the UK's Financial Conduct Authority (FCA) issuing warnings against its operations. The broker claims to be registered with the Companies House in the UK and the Financial Crimes Enforcement Network (FinCEN) in the U.S., but these registrations do not equate to proper regulatory oversight. According to BrokersView, these claims are misleading, as neither entity has the authority to regulate forex trading.

Deposit/Withdrawal Currencies

Vipotor accepts deposits through various methods, including bank wire, credit cards, and e-wallets like Skrill and Neteller. However, the lack of transparency regarding withdrawal processes and potential fees is a significant concern. Many users have reported difficulties in withdrawing their funds, with some claiming that the broker imposes unreasonable withdrawal conditions.

Minimum Deposit

The minimum deposit requirement for opening an account with Vipotor is relatively low at $100 for the standard account. However, the higher-tier accounts require deposits of $500 and $5,000, respectively, which may be considered excessive by some users. This tiered structure is often indicative of brokers that may not prioritize user accessibility.

Bonuses/Promotions

There is no clear information regarding bonuses or promotions offered by Vipotor. The absence of such incentives may be a sign of a broker that does not prioritize customer engagement or retention.

Tradable Asset Classes

Vipotor primarily focuses on forex trading, offering a limited range of currency pairs. While some brokers offer diverse asset classes, such as stocks and commodities, Vipotor's narrow focus may limit trading opportunities for users seeking variety.

Costs (Spreads, Fees, Commissions)

Vipotor's spreads start at 1.7 pips for major currency pairs, which is relatively high compared to industry standards. The broker claims not to charge commissions, but the overall cost of trading remains a concern due to the high spreads. According to ForexBrokerz, these costs can significantly impact profitability.

Leverage

Vipotor offers leverage up to 1:100, which is higher than what is typically allowed by regulated brokers in many jurisdictions. This high leverage can amplify both potential profits and losses, posing significant risks to traders.

Allowed Trading Platforms

The primary trading platform offered by Vipotor is the MetaTrader 4 (MT4), which is well-regarded for its user-friendly interface and comprehensive tools for technical analysis. However, some users have reported technical issues when attempting to access the platform, raising concerns about the broker's reliability.

Restricted Regions

While specific information on restricted regions is not readily available, the lack of regulatory oversight suggests that traders from various jurisdictions should exercise caution when considering Vipotor.

Available Customer Service Languages

Vipotor provides customer support primarily in English, but user experiences indicate that the quality of support is lacking. Many users have reported difficulty in reaching customer service representatives, further complicating their trading experience.

Revised Ratings Overview

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

Detailed Breakdown

  • Account Conditions: The low minimum deposit is offset by high requirements for advanced accounts, indicating a lack of accessibility for all traders.
  • Tools and Resources: While MT4 is a strong platform, the lack of additional educational resources diminishes its overall value.
  • Customer Service and Support: User feedback highlights significant issues with reaching customer support, leading to frustration and dissatisfaction.
  • Trading Setup (Experience): Technical difficulties and high spreads contribute to a negative trading experience.
  • Trustworthiness: The absence of regulation and numerous warnings from financial authorities severely impact trust.
  • User Experience: Overall user experiences are marred by withdrawal issues and poor customer service.
  • In conclusion, Vipotor presents numerous concerns for potential traders. The lack of regulatory oversight, high trading costs, and negative user experiences suggest that traders should exercise extreme caution and consider more reputable alternatives for their trading needs.

Vipotor review