Score

5.95 /10
Average

VCM

Hong Kong

15-20 years

Regulated in Hong Kong

Dealing in futures contracts

High potential risk

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Comparison

Quantity 13

Exposure

Time Machine
Website

Score

Regulatory Index6.54

Business Index8.76

Risk Management Index0.00

Software Index5.89

License Index6.54

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Vantage Capital Markets HK

Company Abbreviation

VCM

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-09-29
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

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Pyramid scheme complaint
Expose
    VCM · Company summary
    Company name VCM (Vantage Capital Markets HK)
    Registered in Hong Kong
    Regulated Securities and Futures Commission (SFC)
    Years of establishment 10-15 years
    Trading instruments Equity derivatives, fixed income, bond repo, Asian distressed and illiquid assets, wholesale derivatives execution/crossing, confidential execution
    Account Types Standard, Premium, VIP
    Minimum Initial Deposit $100
    Maximum leverage 1:500
    Minimum spread 0.1 pips
    Trading platform MetaTrader 4 (MT4)
    Deposit and withdrawal method Credit cards, debit cards, bank transfers, e-wallets
    Customer service Web-based form, phone, email

    Overview of VCM

    VCM (Vantage Capital Markets HK) is a reputable financial institution based in Hong Kong, regulated by the Securities and Futures Commission (SFC). The company specializes in a wide array of financial products and services, including equity derivatives, fixed income, bond repo, Asian distressed and illiquid assets, wholesale derivatives execution/crossing, and confidential execution. VCM offers three types of trading accounts - Standard, Premium, and VIP - catering to traders with varying needs and preferences.

    With a low minimum deposit requirement of $100, VCM provides clients with a competitive advantage through leverage of up to 1:500 and tight spreads starting from just 0.1 pips on certain assets. The trading platform, MetaTrader 4 (MT4), offers a comprehensive suite of tools for charting, technical analysis, and automated trading. Clients can conveniently fund their accounts using credit cards, debit cards, bank transfers, or e-wallets.

    basic-info

    Is VCM legit or a scam?

    VCM is a legitimate financial institution regulated by the Securities and Futures Commission (SFC). As a regulated entity, VCM adheres to strict standards, ensuring integrity, transparency, and client interests. The SFC oversees VCM's operations, ensuring compliance with relevant laws and regulations.

    Clients benefit from the assurance that their funds are managed with adherence to regulatory standards, fair trading practices, and data privacy. In case of disputes, clients have recourse to the SFC for independent investigation and resolution. VCM's regulatory status underscores its legitimacy and commitment to high standards of professionalism and compliance.

    regulation

    Pros and Cons

    VCM Investment Banking offers a wide range of features, including advanced charting, technical analysis, and automated trading options. The platform provides different account types, each with unique benefits, such as higher leverage and tighter spreads. VCM's regulatory status under the FCA and ASIC adds confidence for traders, ensuring reputable operations. Competitive pricing with transparent fee structures ensures cost-effective trading.

    VCM may not be as widely recognized as some other investment banking platforms, potentially leading to hesitancy among traders. Certain advanced features and benefits are exclusively available on premium and VIP accounts, limiting access for standard account users. However, VCM's overall offering remains compelling, appealing to traders seeking a reputable and versatile investment platform.

    Pros Cons
    Wide range of features Some features are only available on the premium plan
    Relatively Good reputation Not as well-known as some other legal management platforms
    FCA and ASIC regulated
    Competitive pricing

    Market Instruments
    pros

    The market instruments mentioned represent a diverse range of financial products and services in the world of finance. In the Equity Derivatives segment, there are various products such as Futures and Options Execution, Single Stock Options, and Exotics, catering to investors seeking exposure to equity markets or managing risk. Additionally, Delta 1 products are involved in creating synthetic exposures or replicating underlying assets. In the Fixed Income category, there are instruments like High Yield Bonds, Government Bonds, Corporate Bonds, and Convertible Bonds, providing opportunities for investors seeking fixed income returns.

    Bond Repo refers to repurchase agreements involving the sale and repurchase of fixed income securities, while Asian distressed and illiquid assets offer specialized opportunities in the Asian market. Wholesale Derivatives Execution/Crossing and Confidential execution services cater to institutional clients, providing specialized execution solutions and enabling the crossing of large blocks of derivatives orders. Overall, these market instruments offer investors diverse opportunities to participate in various asset classes, manage risk, and seek returns in both traditional and specialized financial markets across regions like Asia-Pacific.

    Account Types

    VCM Investment Banking provides its clients with a variety of account types to cater to different trading needs. The three available account types are:

    1. Standard Account: The Standard account is the most basic option, and it comes with no opening fees. This account type is suitable for traders who prefer simplicity and do not require advanced features. While it offers competitive trading conditions, such as access to a wide range of financial instruments and a user-friendly trading platform, it may have standard leverage and spreads.

    2. Premium Account: The Premium account is designed for traders seeking additional benefits and enhanced features. This account type typically offers advantages like higher leverage, tighter spreads, and possibly other exclusive benefits. It caters to traders with a more substantial trading capital or those who engage in more frequent trading activities.

    3. VIP Account: The VIP account is the most exclusive and tailored for high-net-worth individuals or institutional clients. It provides premium services and personalized support to meet the unique needs of VIP clients. This account type often offers the highest level of leverage, the tightest spreads, and other specialized services, ensuring that VIP clients receive top-notch treatment and priority assistance.

    How to Open an Account?

    To open an account with VCM Investment Banking, follow these steps:

    1. Go to the official VCM website at https://capital.vcm.hk/. Currently, the online account opening feature might not be available. However, you can find the contact information for customer support on the website.

    2. Contact the customer support team: Use the provided contact details to get in touch with VCM's customer support. Inquire about the latest account opening process and provide the necessary personal information as requested.

    3. Submit required information: Based on the guidance provided by the customer support team, provide all the necessary documents and information to complete the account opening process.

    4. Verification process: VCM will verify the information provided during the account opening process to ensure compliance with regulatory requirements and internal policies.

    5. Account approval: Once the verification process is completed successfully, your account will be approved, and you will be notified. You can then start using your new VCM Investment Banking account to access their products and services.

    Leverage

    VCM provides its clients with the option to utilize leverage of up to 1:500 on forex pairs. Leverage allows traders to control a position that is significantly larger than their initial deposit, enabling the potential for amplified gains. However, it is essential to exercise caution when using leverage, as it can also magnify losses. Traders should be aware of the risks associated with high leverage and employ risk management strategies to protect their capital effectively.

    Spreads & Commissions

    VCM offers competitive spreads, with some forex pairs starting at just 0.1 pips. These tight spreads can benefit traders by reducing the cost of entering and exiting positions. Additionally, one of the advantages of trading with VCM is that there are no commissions charged on trades. This transparency in pricing allows traders to focus solely on their trading strategies without having to worry about additional costs.

    Trading Platform

    VCM's trading platform is built on the renowned MetaTrader 4 (MT4) platform, which is widely used by traders globally. MT4 offers an array of features that cater to traders of all levels. The platform provides advanced charting capabilities, technical analysis tools, and the option for automated trading through expert advisors (EAs). With its user-friendly interface and reliable execution, the VCM MT4 platform empowers traders to make well-informed decisions and execute trades seamlessly.

    Deposit & Withdrawal

    VCM facilitates convenient deposit and withdrawal options for its clients. Traders can fund their accounts using various currencies, including USD, EUR, and GBP. The platform accepts payments through credit cards, debit cards, bank transfers, and e-wallets, ensuring flexibility and ease of transactions. Furthermore, VCM processes withdrawals promptly, typically within 24 hours, enabling traders to access their funds efficiently.

    Customer Support

    Customer Support at VCM Investment Banking is easily accessible through a web-based form on the company's website. Clients can submit their inquiries, and a dedicated representative promptly follows up to address their concerns. The team ensures clear and concise communication, avoiding excessive jargon while providing specific assistance. VCM's representatives possess in-depth knowledge about the company's products and services, ensuring they offer accurate and relevant information to clients. Moreover, client information is treated with utmost confidentiality, prioritizing data security. Throughout the customer journey, VCM remains committed to delivering efficient and effective support. Investors seeking assistance can also contact VCM via phone or email:

    • Hong Kong Office: +852 2200 5000; vcm@vcm.hk;

    • London Office: +44 (0)20 4524 5300; vcm@vcmlllp.com;

    • Tokyo Office: +81 3 5405 6830; vcm@vcmjp.com.

     Customer Support

    Educational Resources

    Recognizing the importance of education in trading, VCM offers an extensive range of educational resources to support traders in their learning journey. These resources include webinars, informative articles, tutorials, and access to a demo account. The webinars provide valuable insights from industry experts, while the articles and tutorials cover a wide range of topics, from basic trading concepts to advanced strategies. Additionally, the demo account allows traders to practice their skills in a risk-free environment, honing their trading techniques before transitioning to live trading.

    Conclusion

    VCM (Vantage Capital Markets HK) is a regulated financial institution offering a comprehensive suite of financial products and services. With its strong presence in Hong Kong and regulation under the Securities and Futures Commission (SFC) since 2008, VCM ensures that clients can trade with confidence and transparency.

    The platform's diverse offerings, including equity derivatives, fixed income, bond repo, and confidential execution, cater to various trading needs. Clients have the flexibility to choose from three account types - Standard, Premium, and VIP - and benefit from competitive advantages like low minimum deposits, high leverage, and tight spreads. The MetaTrader 4 (MT4) trading platform provides robust tools for traders, and various payment options facilitate easy account funding.

    FAQs

    Q: What account types are available?

    A: Standard, Premium, and VIP account types.

    Q: What is the minimum deposit required?

    A: The minimum deposit is $100.

    Q: What is the maximum leverage offered?

    A: The maximum leverage is 1:500.

    Q: Which trading platform does VCM use?

    A: MetaTrader 4 (MT4) is the trading platform used.

    Q: What payment methods are accepted for funding?

    A: Credit cards, debit cards, bank transfers, e-wallets.

    Q: Is VCM regulated by any authority?

    A: Yes, VCM is regulated by the Securities and Futures Commission (SFC).

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    FX2681062020
    0-3months
    这是一个诈骗公司 资金在软件里软件登录不上了 已经报案
    这是一个诈骗公司 资金在软件里软件登录不上了 已经报案
    Translate to English
    2024-09-16 17:38
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    0
    0
    FX1469712699
    0-3months
    VCM进不去,
    VCM进不去,
    Translate to English
    2024-09-16 17:30
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    13