VVIPFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 18:14

Abstract：VVIPFX is an online forex broker offering a series of trading instruments, including Global CFD FX, Indices, Oil, and Gold through the advanced MT4 trading platform. VVIPFX is currently under no valid regulation. Please be aware of the risk.

　　Note: VVIPFX's official website: https://vvipfx.com is currently inaccessible normally.

VVIPFX Review Summary
Founded	2021
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	Forex, CFDs, equities, oil, gold and indices
Demo Account	/
Leverage	/
EUR/USD Spread	0.0 pips
Trading Platform	MT4
Min Deposit	$100
Customer Support	Tel: 082218177177
Customer Support	Email: support@vvipfx.com

　　VVIPFX is an online forex broker offering a series of trading instruments, including Global CFD FX, Indices, Oil, and Gold through the advanced MT4 trading platform. VVIPFX is currently under no valid regulation. Please be aware of the risk.

Pros and Cons

Pros	Cons
Various trading products	Inaccessible website
MT4 supported	Unregulated
	Lack of transparency

Is VVIPFX Legit?

　　No. VVIPFX has no regulations currently. Please be aware of the risk!

What Can I Trade on Foptrade?

　　VVIPFX provides easy access to more than 100 trading instruments, including Global CFD FX, Indices, Oil, and Gold.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Gold	✔
Indices	✔
Oil	✔
Equities	✔
Options	❌
ETFs	❌
Stocks	❌
Cryptocurrencies	❌
bonds	❌

Leverage

　　Leverage info isn‘t mentioned anywhere, but if you’re just starting out, its a good idea to keep your leverage at 10:1 or lower. The safest bet is going with a 1:1 ratio. One of the most common mistakes new forex traders make is using way too much leverage. Our advice? Stick with a smaller ratio until you get the hang of things.

Spread and Commission

　　VVIPFX promotes low-cost trading with spreads starting from 0.0 pips and commissions as low as $0 per lot. However, investors should stay cautious and keep a close eye on the details.