Aspect	Information
Company Name	VIPOTOR
Registered Country/Area	Malta
Founded Year	2019
Regulation	Unauthorized by NFA
Minimum Deposit	$100
Maximum Leverage	Up to 1:100
Spreads	Starting from 1.1 pips
Trading Platforms	MT4
Tradable Assets	Forex exchange, forex exchange options, CFDs
Account Types	Standard, Premium, Prime account
Customer Support	English phone: +356 2778 1919, Email: services@Vipotor.com
Deposit & Withdrawal	Wire Transfer, Debit/Credit Cards, Skrill, Neteller
Educational Resources	Limited educational resources

Overview of VIPOTOR

VIPOTOR, founded in Malta in 2019, is an online trading platform offering a diverse range of market instruments, including forex exchange, forex exchange options, and CFDs. The platform supports the popular MetaTrader 4 (MT4) trading platform, offering traders a user-friendly interface and comprehensive charting tools.

However, it's important to note that VIPOTOR is unauthorized by the National Futures Association (NFA) in the United States, raising concerns about regulatory oversight and user protection.

Is Vipotor legit or a scam？

VIPOTOR is unauthorized by the regulatory authority, the National Futures Association (NFA), in the United States. It holds a Common Financial Service License with License No. 0538884 and operates under the name VIPOTOR WEALTH LTD. It's crucial to emphasize that VIPOTOR's regulatory status is“Unauthorized.”

Traders should exercise extreme caution and conduct comprehensive research before engaging in trading activities with unauthorized entities.

Pros and Cons

Pros	Cons
Diverse range of market instruments	Unauthorized by the regulatory authority
Provides the popular MT4 trading platform	Lack of comprehensive educational resources
Offers various deposit methods
Competitive spreads
Leverage of up to 1:100

Pros:

1. Diverse Range of Market Instruments: The platform provides a variety of market instruments, such as forex exchange, forex exchange options, and CFDs. This broad range caters to different trading preferences and strategies.

2. MT4 Trading Platform: VIPOTOR supports the widely acclaimed MetaTrader 4 (MT4) trading platform. MT4 is known for its user-friendly interface, comprehensive charting tools, and technical analysis capabilities, making it a popular choice among traders.

3. Various Deposit Methods: VIPOTOR offers multiple deposit methods, including wire transfers, debit/credit cards, and e-wallets. This variety ensures convenience and flexibility for traders when funding their accounts.

4. Competitive Spreads: VIPOTOR provides competitive spreads, particularly on major currency pairs. Competitive spreads can help traders optimize their trading costs, potentially leading to more profitable trades.

5. Leverage of up to 1:100: The platform offers leverage of up to 1:100. Leverage allows traders to control larger positions with a relatively small amount of capital. This can amplify potential profits, but it also comes with increased risk.

Cons:

1. Unauthorized Regulatory Status: VIPOTOR lacks authorization from a reputable regulatory authority. This raises concerns about transparency, oversight, and user protection.

2. Lack of Comprehensive Educational Resources: VIPOTOR's educational resources are limited, which can be a drawback for traders seeking in-depth knowledge and skill development.

Market Instruments

VIPOTOR provides its clients with a diverse range of trading assets across various categories, allowing traders to explore a wide array of investment opportunities:

1. Forex Exchange: VIPOTOR offers access to the foreign exchange market, commonly known as forex trading. Clients can trade major currency pairs like EUR/USD, GBP/USD, USD/JPY, and numerous exotic currency pairs.

2. Forex Exchange Options: In addition to spot forex trading, VIPOTOR provides clients with the opportunity to engage in forex exchange options trading.

3. Contract for Difference (CFD) Products: VIPOTOR also offers a range of CFD products, which include various assets such as indices, commodities, stocks, and cryptocurrencies. Traders can speculate on the price movements of these underlying assets without owning them physically.

Account Types

VIPOTOR offers three distinct account types to accommodate traders of various experience levels and preferences.

1. Standard Account: This entry-level account provides traders with leverage of up to 1:100, allowing them to amplify their positions. The spread on major pairs is competitive at 1.7 pips, making it suitable for those who want cost-effective trading conditions. Additionally, there are no commissions associated with this account type, making it attractive for traders looking to keep trading costs low. The minimum deposit requirement for a Standard Account is $100, making it accessible to a wide range of traders. You can trade on this account using the popular MT4 trading platform.

2. Premium Account: With a minimum deposit of $500, the Premium Account offers the same leverage of up to 1:100 as the Standard Account. However, traders benefit from slightly tighter spreads, with major pairs having a spread of 1.4 pips.

3. Prime Account: For experienced traders and those looking for the tightest spreads and the highest leverage, the Prime Account is a suitable choice. It requires a minimum deposit of $5,000 and provides leverage of up to 1:100. The spreads are notably low, with major pairs having a spread of just 1.1 pips.

Account Type	Standard	Premium	Prime
Leverage	Up to 1:100	Up to 1:100	Up to 1:100
Spread	1.7 pips	1.4 pips	1.1 pips
Commission	None	None	None
Minimum Deposit	$100	$500	$5,000
Trading Tool	MT4	MT4	MT4
Customer Support	24/7	24/7	24/7

How to Open an Account？

Opening an account with VIPOTOR is a straightforward process. Here are the five steps to guide you through the procedure:

1. Visit the VIPOTOR Website: Start by visiting the official VIPOTOR website (https://www.Vipotor.com/).

2. Registration: You'll be prompted to provide your personal information, including your full name, email address, phone number, and country of residence. Make sure the information you provide is accurate and matches your official documents.

3. Account Type Selection: VIPOTOR offers multiple account types, such as Standard, Premium, and Prime. Select the account type that aligns with your trading needs and budget.

4. Identity Verification: To comply with regulatory requirements, VIPOTOR may require you to verify your identity. This often involves submitting a copy of your government-issued ID, passport, or other identification documents.

5. Fund Your Account: Once your account is approved, you can proceed to fund it. VIPOTOR typically accepts various deposit methods, such as wire transfer, debit/credit cards, and e-wallets like Skrill and Neteller.

Leverage

Vipotor offers leverage up to 1:100 for futures and options contracts. Leverage allows you to control a larger position with a smaller amount of capital. However, leverage can also be risky, as it can amplify your losses as well as your profits.

Account Type	Standard	Premium	Prime
Leverage	Up to 1:100	Up to 1:100	Up to 1:100

Spreads & Commissions

VIPOTOR provides competitive spreads for traders across its account types. In the Standard account, the spread for major pairs is 1.7 pips, while the Premium account offers tighter spreads at 1.4 pips. For the Prime account, traders can benefit from even lower spreads starting at 1.1 pips. Notably, VIPOTOR does not charge any commissions, enhancing cost-effectiveness for its clients.

Account Type	Standard	Premium	Prime
Spread	1.7 pips	1.4 pips	1.1 pips
Commission	None	None	None

Trading Platform

VIPOTOR is a trading platform that provides its users with access to the popular MetaTrader 4 (MT4) trading platform, catering to the needs of both PC and mobile users on IOS and Android devices. Additionally, VIPOTOR offers an online trading portal that allows traders to engage in trading without the need for any downloads or installations.

MetaTrader 4 (MT4) Platform: One of the standout features of VIPOTOR is its support for the MT4 trading platform. MT4 is well-regarded in the trading community for its user-friendly interface, advanced charting tools, technical analysis capabilities, and a wide range of customizable indicators. This platform is favored by both novice and experienced traders alike for its reliability and comprehensive set of features.

Multi-Device Compatibility: VIPOTOR ensures accessibility for traders on various devices. Whether you prefer trading on your PC or on the go using your mobile device, VIPOTOR has you covered. The MT4 trading platform is available for PC users, while traders on IOS and Android devices can also enjoy seamless trading experiences.

Online Trading Portal: In addition to the downloadable MT4 platform, VIPOTOR provides an online trading portal. This portal offers traders a convenient way to access the markets without the hassle of software installations. Traders can simply log in to their accounts through a web browser and commence trading immediately. This feature is especially appealing to traders who value flexibility and quick access to the markets.

User-Friendly Approach: VIPOTOR's emphasis on the MT4 platform and an online trading portal reflects its user-friendly approach. The availability of multiple options allows traders to choose the method that best suits their preferences and trading styles. Whether you're a desktop enthusiast or prefer the convenience of mobile trading, VIPOTOR caters to your needs.

Deposit & Withdrawal

VIPOTOR offers a variety of payment methods to accommodate its clients' preferences. Traders can fund their accounts using common payment options widely supported by brokers, including Wire Transfer, Debit/Credit Cards, and popular e-wallets like Skrill and Neteller.

1. Wire Transfer: This traditional banking method allows for secure and direct transfers from your bank account to your VIPOTOR trading account. It is a reliable option for larger deposits, but processing times may vary depending on your bank and location.

2. Debit/Credit Cards: VIPOTOR accepts payments via major debit and credit cards, providing a convenient and widely-used option. Deposits made through cards are usually processed quickly, allowing traders to start trading promptly.

3. E-Wallets (Skrill and Neteller): E-wallets offer a swift and convenient way to deposit funds into your VIPOTOR account. Skrill and Neteller are popular choices among traders due to their ease of use and rapid transaction processing times.

The minimum deposit requirement varies based on the chosen account type, with the Standard account requiring a minimum deposit of $100, the Premium account at $500, and the Prime account at $5,000. Traders should ensure they meet the minimum deposit criteria for their selected account type before initiating the deposit process.

Account Type	Standard	Premium	Prime
Minimum Deposit	$100	$500	$5,000

Customer Support

VIPOTOR offers responsive customer support to assist its clients with any inquiries or concerns. For direct communication, you can reach VIPOTOR's English-language customer support team at +356 2778 1919. Additionally, you can contact VIPOTOR via email at services@Vipotor.com for assistance and information. These multiple customer support channels ensure that clients have access to reliable assistance, enhancing their overall trading experience and addressing any issues promptly and effectively.

Educational Resources

VIPOTOR lacks comprehensive educational resources. The platform does not provide an extensive collection of educational materials for traders seeking in-depth knowledge and skill development. While basic FAQs may address common queries, traders looking for a more robust educational experience may need to supplement their learning with external sources or educational platforms to enhance their trading expertise while using VIPOTOR as their trading platform. It's essential for traders to be aware of this limitation and take proactive steps to acquire the necessary knowledge and skills for successful trading.

Conclusion

In conclusion, VIPOTOR offers traders a diverse range of market instruments, featuring forex exchange, forex exchange options, and CFDs. With the support of the popular MetaTrader 4 (MT4) trading platform and various deposit methods, it caters to traders' diverse needs. Competitive spreads and leverage of up to 1:100 enhance trading opportunities.

However, it's crucial to consider the platform's unauthorized status by the National Futures Association (NFA) in the United States, which raises transparency and oversight concerns. Furthermore, the limited educational resources may require traders to seek additional learning sources. As with any trading platform, thorough research and caution are essential when considering VIPOTOR.

FAQs

Q: Is VIPOTOR a regulated forex broker？

A: No, VIPOTOR is unauthorized by the regulatory authority, the National Futures Association (NFA), in the United States.

Q: What trading platforms are available on VIPOTOR？

A: VIPOTOR offers the MetaTrader 4 (MT4) trading platform for PC, IOS, and Android, along with an online trading portal.

Q: What is the minimum deposit required to open a VIPOTOR account？

A: The minimum deposit varies depending on the account type, starting from $100 for the Standard account, $500 for Premium, and $5,000 for Prime.

Q: Does VIPOTOR charge commissions on trades？

A: No, VIPOTOR does not charge commissions on trades. It primarily earns revenue through spreads.

Q: Are there educational resources available on VIPOTOR？

A: VIPOTOR's educational resources are limited, consisting mainly of basic FAQs. Traders seeking in-depth education may need to explore external sources.

ZFX	Basic Information
Registered Country/Region	London, UK
Founded in	2010
Regulation	FCA, FSA (Offshore)
Tradable Assets	33 forex, 10 indices, 8 commodities, 2 bullion, 35 shares
Demo Account	Available
Leverage	Up to 1:2000
Spread	From 1.3 pips (Standard account)
Trading Platforms	MT4, ZFX Mobile App
Minimum Deposit	$50
Payment Methods	Credit/debit cards, bank transfer, e-wallets
Education	A to Z Academy, Help Center, Glossary
Customer Support	24/7 live chat, online messaging, email: CS@ZFX.COM

What is ZFX？

Zeal Group of Companies, often referred to collectively as the Zeal Group, is a conglomerate of fintech corporations and regulated financial institutions that trade under the name ZFX. The group specializes in providing liquidity solutions for various types of assets in regulated markets and is backed by exclusive technology. Furthermore, the Zeal Group operates globally, indicating a considerable presence in several major global locations. This global reach, combined with their multi-asset specializations and regulatory frameworks, solidifies their position as a competitive player in the financial industry.

Pros & Cons

ZFX is a broker that offers several advantages and disadvantages to traders.

Pros	Cons
• Regulated by the FCA	• Limited range of trading instruments
• Multiple account types available	• No cryptocurrency trading
• Demo accounts available	• No MT5 platform available
• Low minimum deposit requirement for the Mini Trading Account	• Limited market analysis and insights
• Wide range of funding options	• No Islamic account option for Muslim traders
• MT4 and proprietary trading platform supported
• Copy trading available
• 24/7 multi-channel support

On the positive side, ZFX is a regulated broker, providing traders with demo accounts option, which is beneficial for beginner traders who want to practice their trading strategies before trading with real money. In addition, ZFX offers competitive trading conditions and low minimum deposit requirement through the popular MetaTrader4 trading platform.

On the negative side, the available trading instruments is limited, and no MT5 platform, as well as no Islamic account option for Muslim traders.

Is ZFX Legit？

ZFX is a regulated broker. Its company name is Zeal Capital Market (UK) Limited, and it is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the registration No. 768451. The FCA is one of the most reputable regulatory bodies in the world, and its strict regulations ensure that ZFX adheres to high standards of transparency and fairness.

ZFX's other entity, Zeal Capital Market (Seychelles) Limited, is authorized and offshore regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number: SD027.

Additionally, ZFX ensures the safety of its clients' funds by keeping them fully segregated in a designated client bank account. This means that the clients' funds are kept separate from ZFX's operating funds. In the event that the company faces financial difficulties or becomes insolvent, the funds in these client accounts cannot be used to meet the liabilities of the company. This measure provides an added layer of security for ZFX clients, ensuring their capital cannot be used for any other purposes aside from their trading activities.

Market Intruments

ZFX is a forex and CFD broker that offers a wide range of trading instruments to its clients. The broker offers 100+ tradable assets, including 33 forex, 10 indices, 8 commodities, 2 bullion, and 35 shares. While the broker does not offer cryptocurrencies, it does provide a substantial number of instruments in other categories, which traders can take advantage of.

ZFX's platform allows traders to trade the most popular and liquid assets in the market, including popular forex pairs like EUR/USD and USD/JPY, as well as commodities such as gold and oil. This allows traders to take advantage of different market conditions and adjust their trading strategies to suit the market environment.

Account Types

Apart from demo accounts, ZFX offers three types of trading accounts, namely Mini Trading, Standard Trading, and ECN Trading accounts. Each account has its own unique features and advantages, catering to different levels of traders with varying trading styles and preferences.

• Mini Trading Account: The Mini Trading account is designed for beginner traders who are new to the forex market. It requires a minimum deposit of $50 and offers the minimum FX spreads starting from 1.5 pips. The leverage is up to 1:2000, and the minimum trading size is 0.1 lots.

• Standard Trading Account: The Standard Trading account is designed for experienced traders who require a more comprehensive trading environment. It requires a minimum deposit of $200 and offers floating spreads starting from 1.3 pips. The leverage is up to 1:500, and the minimum trading size is 0.01 lots.

• ECN Trading Account: The ECN Trading account is designed for professional traders who require direct access to liquidity providers. It requires a minimum deposit of $1,000 and offers spreads starting from 0.2 pips (commission may apply). The leverage is up to 1:500, and the minimum trading size is 0.01 lots.

Pros	Cons
• Variety of account types to choose from	• Limited features in the Mini account
• Low minimum deposit requirement for the Mini account	• High minimum deposit requirement for the ECN account
• Access to high leverage for all account types	• No Islamic account option available

How to Open an Account？

Opening an account with ZFX is a simple and straightforward process that can be completed in just a few steps.

• First, navigate to the ZFX website and click on the “Open Account” button.

• You will then be prompted to fill out a registration form with your personal information, including your name, email address, phone number, and country of residence.

• Next, you will need to choose the account type that best suits your needs, whether it be a Mini Trading, Standard Trading, or ECN Trading account. Each account type has its own minimum deposit requirement, so be sure to check the details carefully before making your selection.

• Once you have completed the registration form and selected your account type, you will need to provide some additional documentation to verify your identity and address. This typically includes a copy of your passport or national ID card, as well as a recent utility bill or bank statement. Once your account has been approved, you will be able to fund it and start trading in the financial markets.

Leverage

The maximum leverage offered by ZFX is up to 1:2000 and the leverage amount may vary depending on the account type and trading instrument. Additionally, ZFX operates on a tiered margin system, where the leverage is determined based on account equity. For accounts with equity between $0 and $3,000, the maximum leverage is 1:2000. For equity between $3,001 and $10,000, the maximum leverage is 1:1000.

Please note that high leverage carries a high level of risk, as it amplifies both potential profits and losses. Traders should carefully consider their risk tolerance and financial situation before utilizing high leverage ratios. ZFX also provides negative balance protection to help mitigate the risk of account balances falling below zero.

Spreads & Commissions

ZFX says it offers competitive spreads and commissions on its trading instruments, which vary depending on the account type and market conditions. The broker operates on a variable spread model, meaning that the spread can widen or narrow based on the volatility of the markets.

Account Type	Spreads	Commissions
Mini Trading	From 1.5 pips	N/A
Standard Trading	From 1.3 pips
ECN Trading	From 0.2 pips

For the Mini Trading account, the minimum spread for forex pairs is 1.5 pips. The Standard Trading account has a minimum spread of 1.3 pips for forex pairs. The ECN Trading account has a minimum spread of 0.2 pips for forex pairs. However, no specific info on commissions is revealed openly.

Trading Platform

ZFX offers the popular trading platform MetaTrader 4 (MT4), which is widely recognized in the forex industry for its user-friendly interface and advanced trading tools. MT4 provides access to various order types, technical analysis tools, and customization options, making it suitable for both novice and experienced traders. In addition, ZFX offers mobile versions of the MT4 platform for both iOS and Android devices, enabling traders to access the markets from anywhere, at any time.

ZFX also provides a mobile application for its clients, ensuring they can trade on the go. This ZFX Mobile App offers access to all the major features of the trading platform and enables clients to manage their portfolio, place trades, and monitor the markets from their mobile device.

The mobile app can be a valuable tool for traders who need the flexibility to trade anywhere and anytime, while still having access to key functionalities of the platform. Before using the app, make sure it is downloaded from an official source like the App Store or Google Play to ensure security and authenticity.

Copy Trading

ZFX offers a Copy Trade feature, which is great news for both beginner and busy traders. Copy trading, also known as social trading, allows traders to automatically copy the trades of experienced and successful traders. This can help beginners to learn trading strategies from experienced traders, and help busy traders to automate their trading. By using the Copy Trade feature, you can potentially increase your chances of making profitable trades.

Remember, however, that while copy trading can increase potential profits, it also carries all the usual risks of trading, including potential losses. So, it's important to select a reliable trader to follow and to monitor your trades.

Deposit & Withdrawal

ZFX offers a variety of deposit and withdrawal options to their clients. Deposits can be made using bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and Perfect Money. The minimum deposit amount is $50 for Mini and Standard Trading accounts, and $500 for ECN Trading accounts.

Withdrawals can be made using the same methods used for deposits, with the exception of credit cards. ZFX does not allow withdrawals to credit cards due to the limitations imposed by card issuers. The minimum withdrawal amount is $10 for e-wallets and $100 for bank transfers. Withdrawals are typically processed within 24 hours, but the time it takes for the funds to reach the client's account may vary depending on the withdrawal method and the client's bank.

ZFX does not charge any fees for deposits and withdrawals, but third-party fees such as bank wire transfer fees may apply.

Pros	Cons
• Supports multiple deposit and withdrawal methods	• Limited number of supported currencies for deposits and withdrawals
• Fast and efficient withdrawal processing time	• Deposit and withdrawal processing times may vary depending on the chosen method and location of the trader
• No deposit/withdrawal fees
• User-friendly deposit and withdrawal interface through the ZFX client portal

Education

ZFX is committed to providing its clients with comprehensive educational resources to better equip them for the trading journey. ZFX also provides demo accounts for new traders to practice trading without risking real money.

The broker's A to Z Academy offers a wide range of educational content designed to cater to traders of all skill levels. This includes everything from basic introductory materials for beginners to more advanced topics for seasoned traders.

Besides, ZFX's Help Center serves as a knowledge hub, addressing common queries and offering technical assistance on a variety of trading-related aspects.

Moreover, ZFXs Glossary helps traders get acquainted with key trading terms and jargon, ensuring they can confidently navigate the lingo-filled world of financial markets.

These educational resources signify ZFX's commitment to supporting its clients' continual learning and progress in the trading domain.

Pros	Cons
• Comprehensive educational resources	• No live trading sessions or mentorship
• Demo account for practice
• Suitable for traders of different levels

Customer Support

ZFX offers customer support through several channels, including live chat, online messaging, and email: CS@ZFX.COM. The support team is available 24/7 to assist traders with any issues they may encounter.

In addition, the broker provides an extensive FAQ section on their website, which covers a range of topics, including account opening, funding, and trading.

ZFX 's customer support is available in multiple languages, including English, Chinese, Thai, Vietnamese, Indonesian, and more. This is particularly useful for traders who are not fluent in English and prefer to communicate in their native language.

Pros	Cons
• 24/7 customer support	• No physical office in some countries, which may make it difficult for some traders to reach the company
• Multiple channels for support
• Multilingual support
• An FAQ section on the website

Conclusion

Overall, ZFX is a reputable option for traders looking to access the financial markets. The broker's maximum trading leverage of 1:2000, based on account equity, is one of the highest in the industry and can provide traders with significant opportunities for profit. Additionally, competitive spreads, and free deposits and withdrawals, and a choice of popular MT4 trading platforms further strengthen ZFX's position as a reliable broker.

Frequently Asked Questions (FAQs)

Question 1:	Is ZFX regulated？
Answer 1:	Yes. It is regulated by FCA and FSA (Offshore).

Question 2:	At ZFX, are there any regional restrictions for traders？
Answer 2:	Yes. It does not provide services for residents of certain countries such as the United States of America, Canada, Egypt, Iran and North Korea (Democratic People's Republic of Korea)。

Question 3:	Does ZFX demo accounts？
Answer 3:	Yes.

Question 4:	Does ZFX offer industry leading MT4 & MT5？
Answer 4:	Yes. It supports MT4 and ZFX Mobile App.

Question 5:	What is the minimum deposit for ZFX？
Answer 5:	$50 for the Mini Trading account, while higher for other account types.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.