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/10

Victory Markets

United Kingdom|2-5 years|
Suspicious Regulatory License|White label MT5|Regional Brokers|High potential risk|

http://victory-fx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
VictoryMarkets-Demo MT5
Server Location United Kingdom

Contact

+91 8696760204
info@victorymarketslimited.com
http://victory-fx.com/
71 - 75 SHELTON STREET, LONDON, ENGLAND WC2H 9JQ

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

English

+91 8696760204

Broker Information

More

Company Name

Victory Markets Limited

Company Abbreviation

Victory Markets

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-04-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Victory Markets · Company Summary

General Information & Regulation

General Information & Regulation

Victory Markets, a trading name of Victory Markets Limited, presents itself as an ECN/STP broker registered in the United Kingdom that claims to provide its clients with 60+ tradable financial instruments with leverage up to 1:500 and floating spreads from 0.5 pips on the MT5 for Windows, Android and iOS trading platforms, as well as 24/5 multilingual customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Victory Markets does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.20/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Victory Markets advertises that it offers 60+ trading instruments in financial markets, including 5 metals, 5 indices, 28 currency pairs and 20 cryptocurrencies.

Market Instruments

Account Types

Victory Markets claims to offer demo accounts and the Zero Spread Account. However, the broker says nothing about the minimum initial deposit requirement to open an account.

Leverage

The leverage offered by Victory Markets is up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Victory Markets claims that the spread starts from 0.5 pips, while elsewhere low spread from 0.1 pips is stated. The commission is up to $15.

Trading Platform Available

Platforms available for trading at Victory Markets are MT5 for Windows, Android and iOS. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

Deposit & Withdrawal

From the logos shown at the foot of the home page on Victory Markets official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of American Express, Cirrus, Delta, Maestro, Discover, MasterCard, Paypal and Solo. The minimum initial deposit requirement is said to be $100, while there is no mention of what the minimum withdrawal amount is. There is no deposit fee charged.

Deposit & Withdrawal

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Customer Support

Victory Markets customer support can be reached by telephone: +91 8696760204, email: info@victorymarketslimited.com or send messages online to get in touch. Company address: 71 - 75 SHELTON STREET, LONDON, ENGLAND WC2H 9JQ.

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 contained in this article is for general information purposes only.

User Reviews

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User comment

3

Comments

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ocean
more than one year
The trading platform is decent, pretty much like the others out there, but it's not the fastest. When it comes to deleting credit cards or updating your info, the service is pretty bad. They tend to block withdrawals and transfers without giving a clear reason, so it takes a few days to get a response. Also, when there's slippage and it goes negative, you gotta ask them to reset your balance to zero.
2024-02-23 10:24
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0
0
FX4221329324
more than one year
They Are Just Amazing Only Broker Where I Can Trust That My Funds are In Safe Hands
2023-06-16 15:30
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0
0
FX1130523791
more than one year
Victory Markets from the looks of it seems like a very successful and well-established company and I believe to continue my trading journey with them because my first investment in forex has led me to only good.
2022-12-09 11:55
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