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The WikiFX Score of this broker is reduced because of too many complaints!

Vipotor

Malta|2-5 years|
Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|High potential risk|

https://www.vipotor.com

Website

Rating Index

Contact

+356 2778 1919
services@Vipotor.com
https://www.vipotor.com
PO BOX 4000, Gippsland Mail Centre, Victoria 3841
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

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Contact number

English

+356 2778 1919

Other ways of contact

Broker Information

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Company Name

Vipotor Wealth Ltd

Abbreviation

Vipotor

Platform registered country and region

Malta

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. 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!
  • AustraliaASIC (license number: 001292257) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Vipotor · WikiFX Survey

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Vipotor · Company Summary

Note: Vipotor's official website: https://www.vipotor.com is currently inaccessible normally.

VipotorReview Summary
Founded2021
Registered Country/RegionMalta
RegulationNot regulated
Market InstrumentsForex, options, CFDs on indices, commodities, stocks, and cryptocurrencies
Demo Account/
LeverageUp to 1:100
EUR/USD SpreadFrom 1.7 pips (Standard account)
Trading PlatformMT4
Min Deposit$100
Customer SupportPhone: +35627781919
Email: services@Vipotor.com
Address: PO BOX 4000, Gippsland Mail Centre, Victoria 3841

Vipotor was registered by Vipotor Wealth Ltd in 2021 in Malta. It offers the most popular trading platform MT4, and the leverage is up to 1:100. However, it can only trade for forex. Besides, the spread is 1.7 pips. What's more, it is not regulated.

Vipotor's homepage

Pros and Cons

ProsCons
Various trading instrumentsNot regulated
MT4 supportedWide spreads
Popular payment optionsUnavailable website

Is Vipotor Legit?

Regulatory StatusRevoked
Regulated byAustralia Securities & Investment Commission
Licensed InstitutionVIPOTOR WEALTH PTY LTD
Licensed TypeAppointed Representative (AR)
Licensed Number001292257
Revoked ASIC license
Domain information

What Can I Trade on Vipotor?

Tradable InstrumentsSupported
Forex
Options
CFDs
Stocks
Indices
Cryptos
Commodities

Account Type

Vipotor offers three account types: Standard, Premium and Prime.

Account TypeMinimum Deposit
Standard$100
Premium$500
Prime$5000

Leverage

The leverage of Vipotor is up to 1:100. High leverage always comes with high profits and high losses.

Spreads and Commissions

Vipotor's spread varies depending on the accounts chosen. The spreads start from 1.7 pips on EUR/USD on the Standard account. Besides, no commissions are charged.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Android and iOSBeginners and experienced traders

Deposit and Withdrawal

Payment OptionsFeesDeposit Processing TimeWithdrawal Processing Time
Bank transfer$25+2-5 business days2-5 business days
Credit cardFreeInstant24 hours
PayPal2%1 hour
Skrill
Neteller
CryptoDepending on crypto24 hours

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

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