Score

1.46 /10
Danger

Vipotor

Suspicious Regulatory License

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

High potential risk

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Comparison

Quantity 90

Exposure

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Score

Regulatory Index0.00

Business Index6.65

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

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

Single Core

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40G

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Broker Information

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Company Name

Vipotor Wealth Ltd

Company Abbreviation

Vipotor

Platform registered country and region

Malta

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2025-05-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 82 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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Vipotor · Company summary

Note: Vipotor's official website: https://www.vipotor.com is currently inaccessible normally.

VipotorReview Summary
Founded2021
Registered Country/RegionMalta
RegulationNot regulated
Market InstrumentsForex, options, CFDs on indices, commodities, stocks, and cryptocurrencies
Demo Account/
LeverageUp to 1:100
EUR/USD SpreadFrom 1.7 pips (Standard account)
Trading PlatformMT4
Min Deposit$100
Customer SupportPhone: +35627781919
Email: services@Vipotor.com
Address: PO BOX 4000, Gippsland Mail Centre, Victoria 3841

Vipotor was registered by Vipotor Wealth Ltd in 2021 in Malta. It offers the most popular trading platform MT4, and the leverage is up to 1:100. However, it can only trade for forex. Besides, the spread is 1.7 pips. What's more, it is not regulated.

Vipotor's homepage

Pros and Cons

ProsCons
Various trading instrumentsNot regulated
MT4 supportedWide spreads
Popular payment optionsUnavailable website

Is Vipotor Legit?

Regulatory StatusRevoked
Regulated byAustralia Securities & Investment Commission
Licensed InstitutionVIPOTOR WEALTH PTY LTD
Licensed TypeAppointed Representative (AR)
Licensed Number001292257
Revoked ASIC license
Domain information

What Can I Trade on Vipotor?

Tradable InstrumentsSupported
Forex
Options
CFDs
Stocks
Indices
Cryptos
Commodities

Account Type

Vipotor offers three account types: Standard, Premium and Prime.

Account TypeMinimum Deposit
Standard$100
Premium$500
Prime$5000

Leverage

The leverage of Vipotor is up to 1:100. High leverage always comes with high profits and high losses.

Spreads and Commissions

Vipotor's spread varies depending on the accounts chosen. The spreads start from 1.7 pips on EUR/USD on the Standard account. Besides, no commissions are charged.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Android and iOSBeginners and experienced traders

Deposit and Withdrawal

Payment OptionsFeesDeposit Processing TimeWithdrawal Processing Time
Bank transfer$25+2-5 business days2-5 business days
Credit cardFreeInstant24 hours
PayPal2%1 hour
Skrill
Neteller
CryptoDepending on crypto24 hours

News

ExposureWikiFX Scam Alert! Be Wary of FX Brokers With Expired Regulation, Such as VIPOTOR

A review of an FX broker who claims to be regulated warns people to be cautious in order to avoid such illegal occurrences.

WikiFX
2023-02-06 09:46
WikiFX Scam Alert! Be Wary of FX Brokers With Expired Regulation, Such as VIPOTOR

User Reviews

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User comment

3

Comments

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ʚ 妍 ɞ
more than one year
It is a Scam company. I wished to close my account just 7 days after I registered and did not trade with them, but I got both phone calls and emails from different trading companies several times every day, which means they “sold” my data. I wrote about it to their service dept. and asked to stop it, and they promised to do it, however, I still get both emails and calls - SCAM.
It is a Scam company. I wished to close my account just 7 days after I registered and did not trade with them, but I got both phone calls and emails from different trading companies several times every day, which means they “sold” my data. I wrote about it to their service dept. and asked to stop it, and they promised to do it, however, I still get both emails and calls - SCAM.
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2023-02-15 12:31
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用笑宣泄悲伤
more than one year
Vipotor's regulatory licenses are all fake, and the website can't be opened! What's worse is that I saw a lot of people saying that they were cheated, and I hope they can recover their losses as soon as possible.
Vipotor's regulatory licenses are all fake, and the website can't be opened! What's worse is that I saw a lot of people saying that they were cheated, and I hope they can recover their losses as soon as possible.
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2023-02-28 14:29
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90