VIP Global Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 13:53

Abstract：Founded in 2022, VIP Global Markets is an UK-based broker with no regulatory oversight, claiming to offer trading in Forex, Crypto, Indices, and Shares. They propose high leverage of up to 1:400 and claim to provide trading platforms such as MetaTrader 4 and their own online platform, although there is no download link for MT4 available on their site. The minimum deposit requirements vary inconsistently between $250 and $1 000, which is significantly high compared to industry standards.

　　Note: VIP Global Markets's official website - https://vipglobalmarkets.com/ is currently inaccessible normally.

VIP Global Markets Review Summary
Founded	2022
Registered Country/Region	United Kingdom
Regulation	No Regulation
Market Instruments	Forex, Cryptos, Indices and Shares
Demo Account	/
Leverage	Up to 1:400
Spread	/
Trading Platform	MetaTrader 4, VIP Global Markets online platform
Min Deposit	$250
Customer Support	Tel: +44 2035193499
Customer Support	Email: support@vipglobalmarkets.trade

　　Founded in 2022, VIP Global Markets is an UK-based broker with no regulatory oversight, claiming to offer trading in Forex, Crypto, Indices, and Shares. They propose high leverage of up to 1:400 and claim to provide trading platforms such as MetaTrader 4 and their own online platform, although there is no download link for MT4available on their site. The minimum deposit requirements vary inconsistently between $250 and $1 000, which is significantly high compared to industry standards.

Pros and Cons

Pros	Cons
Diverse tradable assets	Non-functional website
MT4 platform	No regulation
	High min deposit requirement

Is VIP Global Markets Legit?

　　Currently, VIP Global Markets does not have valid regulatory oversight. It is advisable to consider alternative brokers that are regulated and operate with transparency.

What Can I Trade on VIP Global Markets?

　　VIP Global Markets claims to offer traders with Forex, Crypto, Indices and Shares.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Shares	✔
Cryptocurrencies	✔
Commodities	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Inconsistently, VIP Global Markets' stated minimum deposit requirements vary between $250 and $1000, which are significantly high thresholds. This contrasts with many reputable brokers that typically demand substantially lower initial investments, sometimes as minimal as $10, to establish a trading account.

Leverage

　　VIP Global Markets claims to provide a maximum leverage of 1:400. Be mindful when trading with high leverage, as it can increase both your profits and your losses.

Trading Platform

　　VIP Global Markets claims to offer both MetaTrader 4 and its own online platform. However, there is no download link for MT4 on their website.

Trading Platform	Supported	Available Devices	Suitable for
Proprietary platform	✔	/	/
MT4	✔	/	Beginners
MT5	❌	/	Experienced traders