Score

6.82 /10
Average

VICTORY INTERNATIONAL FUTURES

Indonesia

5-10 years

Regulated in Indonesia

Retail Forex License

Suspicious Scope of Business

C

Add brokers

Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index6.40

Business Index7.35

Risk Management Index9.68

Software Index5.76

License Index6.40

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

PT Victory International Futures

Company Abbreviation

VICTORY INTERNATIONAL FUTURES

Platform registered country and region

Indonesia

Company website

Facebook

Instagram

WhatsApp

  • 0822-1156-5758

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Verification

Pyramid scheme complaint
Expose
VICTORY INTERNATIONAL FUTURES · Company summary
Victory International Futures Review Summary
Founded2004
Registered Country/RegionIndonesia
RegulationBAPPEBTI, ICDX
Market InstrumentsForex, Gold, Silver, Oil, U.S. Stock Indices
Demo Account
LeverageUp to 1:100
SpreadFixed 3 points (applies to both account types)
Trading PlatformMetaTrader 5 (MT5) on Windows, macOS, Android, iOS
Minimum Deposit$1,000
Customer SupportPhone: 0800–156–5758/031-9924-8699
WhatsApp: 0822-1156-5758 (Settlement)
Email: settlement@vifx.co.id / viflegal@vifx.co.id
Address: Pakuwon Center, Superblock Tunjungan City Office, Lt. 15 Unit 5-7, Jl. Embong Malang No. 1, 3, 5, Surabaya 60261

Victory International Futures Information

Victory International Futures, formed in 2004 and based in Indonesia, is a BAPPEBTI and ICDX-regulated broker that trades forex and commodities futures. It supports MetaTrader 5 and offers a demo account, but does not mention Islamic accounts. The broker charges fixed spreads and commissions according with local industry standards.

Victory International Futures' homepage

Pros and Cons

ProsCons
Regulated by BAPPEBTI and ICDXSwap fees not disclosed
Supports MetaTrader 5 across multiple devicesLimited information about deposit and withdrawal
Offers both Regular and Mini accounts + Demo

Is Victory International Futures Legit?

Yes, Indonesian forex broker Victory International Futures (PT. Victory International Futures) is regulated. It has a Retail Forex License from BAPPEBTI (558/BAPPEBTI/SI/XII/2004) and an ICDX license (041/SPKB/ICDX/DIR/IX/2010). Dual licenses verify the company's legality and conformity with Indonesian financial and trading laws.

Regulated by BAPPEBTI
Regulated by ICDX

What Can I Trade on Victory International Futures?

Victory International Futures has over 30 trading instruments, such as currencies, precious metals (gold and silver), oil, and U.S. stock indices. The broker supports numerous asset classes for diversified trading, but it doesn't say how many currency pairings or indices there are.

Trading InstrumentsSupported
Currencies
Precious metals (gold & silver)
Oil
U.S. stock indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Victory International Futures?

Account Type

Victory International Futures has two kinds of live trading accounts: the Regular Account and the Mini Account. The broker doesn't say anything about Islamic (swap-free) accounts, but they do have a demo account.

Account comparison

Leverage

Both Regular and Mini accounts at Victory International Futures can use leverage up to 1:100. Leverage can make profits bigger, but it can also make losses bigger.

Victory International Futures Fees

Victory International Futures' trading fees are equivalent to Indonesian industry standards. The broker charges set spreads and commissions but does not disclose swap rates or variable fees.

Account TypeSpreadCommission
Regular Account3 points$25 per lot per side
Mini Account3 points$2.5 per 0.1 lot per side

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5 (MT5)Windows, macOS, Android, iOSExperienced traders
MetaTrader 4 (MT4)/Beginners
MT5

User Reviews

More

User comment

3

Comments

Write a review

Alexwang
more than one year
Venturing into the trading world with Victory International Futures (VIF) has its perks and pitfalls. The licensing in Indonesia brings a sense of reliability, and the diverse market instruments keep things interesting. It's accommodating to different wallets, but the risks of market volatility are real. Leverage spices up the game, but I'm wary of possible trading costs. The demo account is a good warm-up, yet I wish there was more flexibility in account features. Powerful platforms are at my fingertips, but the higher minimum account opening gave me a pause. It's a balancing act, but I'm learning the ropes.
Venturing into the trading world with Victory International Futures (VIF) has its perks and pitfalls. The licensing in Indonesia brings a sense of reliability, and the diverse market instruments keep things interesting. It's accommodating to different wallets, but the risks of market volatility are real. Leverage spices up the game, but I'm wary of possible trading costs. The demo account is a good warm-up, yet I wish there was more flexibility in account features. Powerful platforms are at my fingertips, but the higher minimum account opening gave me a pause. It's a balancing act, but I'm learning the ropes.
Translate to English
2023-12-04 17:01
Reply
0
0
tmkserrolling
more than one year
Trading with Victory International Futures (VIF) has been quite the journey. It's comforting to know they're a licensed player in Indonesia – adds a layer of security to my investments. The variety of market instruments opens up endless possibilities, and having different account types makes it accessible for all. Leverage can be a game-changer, though I'm keeping my eyes on potential trading costs. The demo account is a nifty touch for practicing, but staying on top of market changes is key. All in all, a solid experience.
Trading with Victory International Futures (VIF) has been quite the journey. It's comforting to know they're a licensed player in Indonesia – adds a layer of security to my investments. The variety of market instruments opens up endless possibilities, and having different account types makes it accessible for all. Leverage can be a game-changer, though I'm keeping my eyes on potential trading costs. The demo account is a nifty touch for practicing, but staying on top of market changes is key. All in all, a solid experience.
Translate to English
2023-12-01 18:27
Reply
0
0
2