VI Markets

WikiFX | 2024-12-27 10:44

Abstract：VI Markets, a financial brokerage firm registered in Kuwait in 2015, offers a diverse range of trading options including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares through the MT4 and MT5 trading platforms. In addition, the company provides comprehensive customer support channels and offers a risk-free demo account with $10,000 in virtual funds. However, it operates without any legal regulation.

VI Markets Review Summary
Founded	2015
Registered Country/Region	Kuwait
Regulation	Unregulated
Market Instruments	200+, Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, Shares
Demo Account	✅($10,000 in virtual funds)
Leverage	/
EUR/USD Spread	/
Trading Platform	MT4, MT5 and WebTrader
Min Deposit	/
Customer Support	24/5 support
	Contact form
	Tel: +44 (0) 203 857 2000; +965 22256988; +61 448088246
	Email: info@ofmarkets.com; clientservices@vimarkets.com.kw
	X: https://twitter.com/onefinancial
	Facebook: https://www.facebook.com/onefinancialmarket/
	YouTube: https://www.youtube.com/onefinancialmarkets
	WhatsApp: https://wa.me/message/AXYAAN4ALZ5OJ1
	Physical address: Level 2 36-38 Leadenhall Street London, EC3A1AT United Kingdom
	Sharq - Mazaya Tower 02 - 10th floor PO BOX 3040 22031 Salmiya, Kuwait
Regional Restrictions	The United States, Belgium, Poland or any particular country outside the UK

VI Markets, a financial brokerage firm registered in Kuwait in 2015, offers a diverse range of trading options including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares through the MT4 and MT5 trading platforms. In addition, the company provides comprehensive customer support channels and offers a risk-free demo account with $10,000 in virtual funds. However, it operates without any legal regulation.

Pros and Cons

Pros	Cons
Multiple trading choices	No regulation
Demo accounts	Limited info on trading conditions
No commissions	Withdrawal fees charged
MT4 and MT5 trading platform	Regional restrictions
Popular payment options
No deposit fees

Is VI Markets Legit?

VI Markets does not hold a regulatory license from any authoritative financial regulatory body. Instead, it mentions on its website that it is registered in Saint Vincent and the Grenadines, a jurisdiction that is often favored by fraudulent brokers because it does not effectively regulate foreign exchange brokers.

What Can I Trade on VI Markets?

OnVI Markets, you can trade 200+ popular products, including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies and Shares:

Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NOK, AUD/NZD, AUD/SGD...

Bullion: Gold Future, Gold vs US Dollar, Gold vs Australian Dollar, Gold vs Euro, Gold vs Swiss Franc, Gold vs British Pound and Silver vs US Dollar.

Indices: AUS200, CN50, EU50, FRA40, GER40, HK50...

Commodities: XAGUSD, XAUAUD, XAUCHF, XAUEUR, XAUGBP, XAUUSD...

Energy: UK Brent Oil, UK Crude Oil (cash), US Crude Oil (cash), US Crude Oil, US Natural Gas...

Cryptocurrencies: Bitcoin, Bitcoin cash, Dash, Ethereum, Litecoin, Ripple...

Shares: US271, UK141, EU46...

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

Trading Platform

VI Markets indeed offers a plethora of trading platforms, including the highly popular and professional MT4 and MT5, as well as a WebTrader. Both the former platforms are accessible via Web and Mobile. These features might make the broker sound highly reliable to you. However, it's crucial to remember that VI Markets is not regulated by any authority, so you should not take any information at face value.

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	Web	/
MT4	✔	Web and Mobile	Beginners
MT5	✔	Web and Mobile	Experienced traders

Deposit and Withdrawal

VI Markets accepts payments via Bank Transfer, Credit/Debit Card, Neteller, and Skrill. Each method has a different minimum deposit and withdrawal amount, as well as varying processing times. Some methods may also charge certain withdrawal fees.

Payment Method	Min Deposit	Min Withdrawal	Deposit Fee	Withdrawal Fee	Deposit Time	Withdrawal Time
UK Bank transfers	0	£30	❌	£1 (next day payment)	1-3 working days	Next day
				£20 (same day payment)		Same day
International SWIFT bank wire transfer		$50 (or equivalent)		$25	2-5 working days	2-5 working days+
Credit/debit card(within portal)	$50, €35 or £30	$50, €35 or £30		❌	Immediately	3-5 working days
Credit/debit card(outside portal)					Within 15 minutes++	Up to 10 days
Neteller	$50	$50			Immediately	Same day
Skrill