VVIP FX broker claims it executes trade first. The entity is using the copy-trading strategy. This is whereby investors can use the analysis of the experts. Recently this has become a new trend popularly used by scammers. They want to entice novice investors.
The realist is that even the alleged experts are nowhere to be seen. The trading results of the company are missing. Moreover, the entity is offering trading bonuses. Various financial bodies have banned the incentives. This is because they must meet unrealistic trading volumes for traders to cash out.
VVIP FX might seem like a reliable entity mainly because it presents information. Unfortunately, there is more than what meets the eye. For instance, we do not know the people behind the organization. The account manager, founders, and financial advisors' data is missing.
Entrusting your money to anonymous individuals is unwise. Moreover, the company is also not regulated. Hence, in case of a dispute, investors will not receive any help. If you want to trade professionally, we recommend that you deal with some of the best forex trading brokers in the market. These are companies that are genuine and operate in full transparency.
VVIP FX assures investors of better trading results. The company claims it has the best trading tools to transform any rookie investor into a professional. The firm also praises its support team for its capability for resolving any issue fast. Unfortunately, the statement cannot be verified.
The available assets that the entity is offering include; indices, oil, CFDs. Forex, and gold. The entity does not limit investors, allowing them to use their preferred trading strategy. The main aim of the venture is to make all their successful clients traders.
The venture fails to disclose the shortcoming of investing online. You see, trading is not child's play. You need to have the relevant skills to thrive in the market. Any firm that promises unreasonable returns is not worth the time. The risks involved are huge.
VVIP FX is also offering education and training. They help traders to analyze the market. The information is availed via videos and webinars. We did not have the liberty of checking the data. Hence, it is impossible to know if the materials are high quality.
The scheme claims it avails MT4 trading interface. The broker advertises a spread of 0 pips and no commission. The cost of trading is low, but the big question is how is the suspicious firm making money? There must be applicable hidden charges as scammers are never generous.
VVIP FX seems to be accepting investors via referrals. You cannot register if you cannot insert the promotional code. There is no trading platform available. The firm has not provided information regarding the spread, leverage, or the least amount that investors can deposit.
This is crucial information, and failure to disclose the data makes us question their operation. Clients have the right to know what they are signing up for. Additionally, the firm does not have a Terms and Conditions policy.
The platform is accepting funds via bank. We cannot verify the entity is receiving funds via these methods. It is unwise to sign up with VVIP FX because you don't know what you are signing up for. The firm fails to disclose if it is taking any fees.
The bonuses the company offers are unworthy. The entity requires that clients meet an absurd turnover of 25% of the amount they accept. Once you deposit money into this dirty scheme, you won't recover it. Moreover, we are yet to see an investor that endorses the broker.
VVIP FX can be contacted via email or phone. The broker does not reveal its location. They are collecting funds from all over the world while not disclosing their office address or country of origin. This is not the kind of platform you should entrust your money to.
It appears that the entity might be operating from Indonesia. We came to this conclusion after reading a text written from the native language of the country. It is unprofessional for a venture to leave clients guessing on its whereabouts.
If you face a problem, VVIP FX support will not help. They are going to ignore you and carry on with their business. The advantage of dealing with an established investment scheme is that the support team is professional. All your queries are handled in time. You also get to know the people dealing with your funds.
The company claims it segregates traders' funds in top tier 1 banks. It is their main priority to keep the funds of investors safe. This is a bold claim coming from an unregulate venture. Moreover, the firm fails to disclose the name of the bank it partners with.
VVIP FX is using false information to trap in more victims. The bonus that the venture is offering is not meant to increase your income. The company has not deposited the capital requirement that various financial bodies require. Trading with a licensed venture grants you multiple advantages.
You will be able to receive compensation in case of insolvency. Moreover, the entities report their daily trading results to the authority. Hence, there is no manipulation of data. You can visit the financial watchdogs of the FCA, NFA, CySEC, or ASIC to see if a platform is featured in their database.
VVIP FX will be out of the market. Not even the authority will be able to trace the scammer down. Instead of wasting time with this murky business, we recommend you find a better a reliable scheme. The safety of your money should be your top priority.
The broker features several testimonials from investors. The statement claims that the entity has made the investors pro traders. Even the beginners are making huge wins. The firm is also teaching individuals how to trade.
Unfortunately, the testimonials are written in statement form. There is no profile or link to social media platforms. Moreover, we cannot find proof of payment. We recommend that you get clients' feedback from third-party websites. Information featured on a shady venture entity is prone to manipulation.
Unfortunately, there is no reliable data from their existing clients. The trust score of the broker is low. VVIP FX is also new in the market. They are barely a year old, and the domain name is registered for a short duration. Moreover, the traffic that is visiting the scheme is low.
VVIP FX is a company that is operating in its own accord. The venture does not care about the rules financial watchdogs have enforced. They are collecting money from investors across the globe while violating the set requirements.
Refrain from sharing your data with the platform. The entity can share it with criminals. Moreover, the firm is hiding its trading conditions. At the same time, the broker promises ideal returns to traders. The red flags surpass their claims.
Invest only with the best forex trading companies in the market. These are ventures that operate in full transparency. All the relevant information is availed. Moreover, you can check on their past trading results.
Does VVIP FX have a license?
No, the company is an illegal venture.
Which trading platform is available?
The firm claims it offers an MT4, but there is no interface trace.
What do investors have to say about this company?
VVIP FX does not have clients' feedback. They use false testimonials to attract clients.
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