Global Forex Broker Regulatory Inquiry APP

Score

1.34 /10
Danger

Vipotor

Malta

2-5 years

Regulated in Australia

Suspicious Regulatory License

MT4/5 White Label

Chinese market only

Australia Appointed Representative(AR) Revoked

Suspicious Overrun

High potential risk

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Comparison

Quantity 90

Exposure

Open Account
Website

Score

License Index 0.00
Business Index 5.67
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Contact number

English

+356 2778 1919

Broker Information

More

Company Name

Vipotor Wealth Ltd

Company Abbreviation

Vipotor

Platform registered country and region

Malta

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 5
Previous Detection : 2023-05-31
  • The WikiFX cloud system has verified this broker has way too many complaints, and it is in the WikiFX complaint blacklist. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 82 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Unable to withdraw and severe slippage. Induced fraud

I beg the WikiFXs to step in and bring justice! Give some warning to those unscrupulous platforms and also give some justice to some innocent people who have been deceived. It's too hateful. It's all hard-earned money and all the savings. How can people live! You need to pay a deposit of 20%, I paid but I didn’t withdraw the money. I said that the money changer was invited to have tea and there was no time. In the end, when the money was gone, they still need more deposit. Do you want us to be alive? My family and I are almost gone.

2022-04-29 12:59
Unable to withdraw

Fraud platform that unable to withdraw gold

Hong Tianfeng quantified trading fraud, assistant Wenwen, the VIPOTOR platform started a bonus activity a few years ago. After the Lunar New Year, the ASIC supervision was suddenly withdrawn. After that, there was no action when applying for a withdrawal. It was obviously a fraudulent platform to attract money, and all the funds in it could not be recovered. Now, the platform assistant changed the theme after the year and claimed to be the assistant of Chengen Studio, and continued to attract new members. At the same time, many assistants (Wang Jingyi, Sunnie) claiming that Chengen Studio's assistants were pulling members to buy stocks began to appear on the Internet. The cooperative treasury cooperates to open a private placement channel, which can be traded after the market, etc. The cooperative treasury also confirmed that this is a fraudulent method.

2022-03-29 17:02
    Vipotor · Company summary

    General Information

    VIPOTOR is an online forex broker offering its clients access to a wide range of trading assets, including forex and CFD products. this brokerage offers advanced MT4 trading platform, with leverage up to 1:100.

    Market Instruments

    Tradable products offered by VIPOTOR include forex exchange, forex exchange options, and contract for difference.

    Minimum Deposit

    When it comes to minimum initial deposit, the minimum initial deposit is not fully disclosed. However, the proper initial deposit amount requirement by a broker is within $100 to $200.

    Leverage

    In terms of trading leverage, the maximum leverage for major pairs is up to 1:100, 1:50 for XAUUSD, 1:25 for XAGUSD. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

    Spreads & Commissions

    Spreads and commissions conditions vary depending on various trading accounts. The spread on the EUR/USD pair is 1.7 pips in the Standard account, 1.4 pips in the Premium account, and 1.1 pips in the Prime account. For more detailed spreads details, pls refer to VIPOTOR official website.

    Trading Platform Available

    When it comes to trading platform available, what VIPOTOR offers its trading is MT4 trading platform, available for PC, IOS, and Android. Besides, there is also an online trading portal offered, without downloading anything. Traders can log in and directly begin to trade.

    Deposit & Withdrawal

    With respect to deposit and withdrawal payment methods, VIPOTOR doesnt make this part clear. Some common payments supported by most regular brokers include Wire Transfer, Debit/Credit Card, as well as some e-wallets like Skrill and Neteller.

    News

    WikiFX Scam Alert! Be Wary of FX Brokers With Expired Regulation, Such as VIPOTOR

    ExposureWikiFX Scam Alert! Be Wary of FX Brokers With Expired Regulation, Such as VIPOTOR

    2023-02-06 09:46

    A review of an FX broker who claims to be regulated warns people to be cautious in order to avoid such illegal occurrences.

    WikiFX
    2023-02-06 09:46
    Exposure
    WikiFX Scam Alert! Be Wary of FX Brokers With Expired Regulation, Such as VIPOTOR

    User Reviews

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    User comment

    3

    Comments

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    用笑宣泄悲伤
    more than one year
    Vipotor's regulatory licenses are all fake, and the website can't be opened! What's worse is that I saw a lot of people saying that they were cheated, and I hope they can recover their losses as soon as possible.
    2023-02-28 14:29
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    0
    0
    ʚ 妍 ɞ
    more than one year
    It is a Scam company. I wished to close my account just 7 days after I registered and did not trade with them, but I got both phone calls and emails from different trading companies several times every day, which means they “sold” my data. I wrote about it to their service dept. and asked to stop it, and they promised to do it, however, I still get both emails and calls - SCAM.
    2023-02-15 12:31
    Reply
    0
    0
    FX1156949126
    more than one year
    What a disappointment this dealer was! The slippage is very serious, I doubt it is controlled by them in the background, otherwise such a large spread would not be possible under normal circumstances. However, they flatly denied it, and I lost a lot of money after only a few days of trading on this platform. I warn you not to come, I am a lesson from the past.
    2022-12-13 11:45
    Reply
    0
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    90
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