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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

VIPRO

Cyprus Cyprus | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.vipromarkets.com/

Website

Rating Index

Contact

357 25247650
https://www.vipromarkets.com/
4, ModesTou PanTeli Mesa GeiTonia

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Vipro Markets Ltd
Abbreviation
VIPRO
Employees
--
Address
4, ModesTou PanTeli Mesa GeiTonia
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • vipromarkets.com
    104.20.76.55
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    0001-01-01
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Profile

Company Profile

Review summary

General Information & Regulation

Vipro Markets is a CySEC regulated investment firm, offering Forex, Stocks, and CFDs trading services. The VIPro brand originally got acquired by Tickmill Europe Ltd, and for a while continued to operate its own website with an identical offering as Tickmill. However, the two brokerages have later been fully merged, and VIPros old website no longer exists.

Market Instruments

Vipro/TickMill offers investors a wide range of trading assets, including stocks, CFDs, indices, Forex, precious metals, and energies.

Minimum Deposit

To meet the needs of different investors, Vipro/TickMill offers three different types of accounts: Classic Accounts (minimum deposit of $100/€100), ECN Pro Accounts (minimum deposit of $100/€100), and the VIP Account ( with a minimum balance of $50,000/€50,000).

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Leverage

For regular retail clients based in the EU, leverage with VIPro/Tickmill is capped at 1:30 due the strict regulations on forex brokers within the European Union. For clients based in other parts of the world, however, the leverage available is far higher, going as high as 1:500 on the most liquid instruments like the EUR/USD currency pair.

Spreads & Commissions

Vipro/TickMill charges only spreads as commission for Classic accounts. For ECN Pro accounts, the commission is $2/per $100,000 traded (0.0020% of the notional value) and $1.60/per 100,000 traded (0.0016% of the notional value) for VIP accounts.

Trading Platform

Vipro/TickMill offers traders the market-leading and widely acclaimed MT4 trading platform, as well as MT4 PC, MT4 Android, MT4 iPhone/iPad, and MT4 Web to meet a wide range of user needs. MT4 is currently one of the most popular forex trading platforms, with powerful charting and data analysis tools that help different traders to develop different trading strategies.

Deposit and Withdrawal

Vipro/TickMill supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard credit/debit cards, NETELLER, Skrill, wire transfer, Dotpay (only available for Polish currency).

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Customer Support

VIPro/Tickmill's customer service is available in local languages from most of the broker's branches around the world, including in the UK, Malaysia, the Seychelles, and Cyprus.

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with VIPRO?

According to WikiFX data, Vipro Markets Ltd has a comprehensive score of 1.61, which indicates a significant risk profile for potential clients. This assessment is primarily based on the fact that its claimed regulatory status under CySEC license 278/15 is listed as 'Unverified', with public records showing the license is held by a different entity. This means it operates without verified oversight from a mainstream financial authority. Furthermore, the broker has not publicly disclosed standard financial safeguards or terms like minimum deposit requirements and leverage caps, which are common among fully regulated firms.

04-02
United States

Which financial regulator oversees VIPRO?

Vipro Markets Ltd does not hold a verified, active license from a mainstream financial regulator. The broker claims authorization from the Cyprus Securities and Exchange Commission (CySEC) under license number 278/15, but our assessment indicates this license status is 'Unverified'. Public regulatory databases show this specific license is currently assigned to a different entity, TICKMILL EUROPE LTD. Therefore, the broker operates without recognized regulatory oversight.

04-02
United States

When was VIPRO established?

Vipro Markets Ltd has been in operation for between 5 to 10 years and is registered in Cyprus.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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