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Vip Coin

Austria|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://vipcoin.ch/

Website

Rating Index

Contact

+43 69010282376
support@vipcoin.ch
https://vipcoin.ch/
Handelskai 388, 1020 Wien, Austria

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

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Contact number

English

+43 69010282376

Broker Information

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Company Name

Vip Coin

Company Abbreviation

Vip Coin

Platform registered country and region

Austria

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Vip Coin · Company Summary

Note: Vip Coin's official site - https://vipcoin.ch/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Vip Coin Review Summary
Registered Country/Region Austria
Regulation No Regulation
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Trading Platforms N/A
Minimum Deposit $50000 - $99999 (Silver), $10000 - $9999 (Standard), $250 (Basic)
Customer Support Contact number: +43 69010282376
Email: support@vipcoin.ch

What is Vip Coin?

Vip Coin is an unregulated trading platform based in Austria, presenting an array of account tiers varying from a Basic Account necessitating a $250 investment up to a Silver Account necessitating a $99999 investment. Vip Coin also offers a range of customer support channels, including email and a contact number. However, these do not mitigate the concerns raised by a lack of regulation and transparency.

Vip Coin

Pros & Cons

Pros Cons
  • Multiple Customer Support Channels
  • No Regulation
  • Multiple Account Types
  • Lack of Information

Pros:

  • Multiple Customer Support Channels: Vip Coin provides various customer support channels including phone and email, enhancing accessibility and assistance for clients. However, the unavailability of substantial operating details makes it unreliable because of its unregulated condition and inaccessible website.

  • Multiple Account Types: The platform offers diverse account types, including Silver, Standard and Basic, catering to various trading needs and experience levels.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

  • Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability. The lack of comprehensive information about trading instruments, fees, and account details hinders informed decision-making and fuels suspicion.

Is Vip Coin Safe or Scam?

Vip Coin currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, potential scams, and inadequate consumer protection.

No license

Account Types

Vip Coin showcases a tiered offering structure to cater to the needs of various financial capacities. It presents three accounts, each having a specific investment range:

  • The Basic Account, designed for those who wish to invest a minimum amount of $250.

  • Following this, we have the Standard Account, appropriate for those ready to make an investment between $10,000 and $9,999.

  • Finally, for investors who intend to commit a substantial amount, the Silver Account is ideal, allowing investment ranges from $50,000 to $99,999.

This structure enables potential investors to choose a commitment level that aligns best with their respective financial capabilities and investment objectives.

Customer Support

Vip Coinoffers a comprehensive range of customer service options to ensure that clients can easily reach out for assistance or inquiries.

  • Telephone: +43 69010282376

  • Email: support@vipcoin.ch

However, the unavailability of substantial operating details makes it unreliable because of its unregulated condition and inaccessible website.

Conclusion

In conclusion, there are significant concerns pertaining to Vip Coin as a trading platform. The organization is not currently regulated, which is crucial for ensuring safety, fairness, and trustworthiness in the trading industry. Its official website is currently non-functional making it difficult for potential users to find critical information when deciding whether or not to use this broker.

Frequently Asked Questions (FAQs)

Q 1: Is Vip Coin regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: What is the minimum deposit for Vip Coin?
A 2: The minimum initial deposit to open an account is $250.
Q 3: Is it safe to trade with Vip Coin?
A 3: No, It is unregulated and does not provide comprehensive information.
Q 4: Is Vip Coin a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition but also because of its inaccessible website.

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.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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Gotrgh
more than one year
I've been a Vip Coin investor for three years now, but I recently had a less than satisfying experience. Despite my tenure, the advisor's knowledge fell short, and I wasn't informed about their stock trading services. Ended up opting for another investment fund and paying the associated fees.
2024-02-01 12:13
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FX1375137184
more than one year
It's really weird that I'm getting an ad from this company. I just googled emmigration recently... In today's world, I feel like I have very little privacy on the internet. After reading their website carefully, I don't think it is a very reliable company. Various trading conditions are not competitive at all.
2023-03-16 16:33
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0
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DDDD
more than one year
Vip Coin is a company registered in Austria, I guess that's why their website is all in German. Sorry, I can't read it, so I won't be trading here. If you're like me, don't waste your time here.
2023-03-08 10:29
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