Min. Deposit: $200
Found in: 2013
- VIBHS Financial Ltd - authorized by FCA (UK) license no 613381
Min. Deposit: $200
Found in: 2013
VIBHS is an online Forex and CFD trading broker that offers a wide range of trading instruments, including CFDs on Stocks, Forex, Indices, and Commodities, to both retail and professional traders.
The company is based in London and is authorized and regulated by the top-tier Financial Conduct Authority (FCA), ensuring that its operations are secure and reliable.
VIBHS provides a smooth trading experience with fast execution and a powerful trading platform and overall is a trustworthy and efficient trading broker that traders can rely on for their trading needs.
After conducting research, we found that VIBHS has both pros and cons to consider when assessing the company. For the pros, the broker provides the well-known and reliable MT4 trading platform, along with the Multi Account Manager (MAM) and Fixed API Plugin features. It also offers a range of popular financial products at competitive fees, and with raw spreads starting from 0.0 pip which is beneficial. Also, VIBHS provides 24/7 customer support throughout the year, which is a significant advantage for traders.
For the cons, traders may find that the broker has a limited selection of trading instruments and markets available to them. Additionally, the firm is regulated by only one regulatory body, which could be a drawback for some traders with the inability to open an account, yet being UK Broker it is quite a reliable choice.
|FCA regulation and oversee
|One regulatory body
|Available for UK traders
|limited number of market instruments
|No comprehensive education
|24/7 customer support
|MT4 trading platform
|Negative balance protection
|Forex, Indices, Commodities, and Stock CFDs
|💰 EUR/USD Spread
|🎮 Demo Account
|💳 Minimum Deposit
|💰 Base Currencies
|GBP, EUR, USD
|☎ Customer Support
According to our findings, the broker offers a secure and competitive trading environment, along with low fees and spreads for its range of trading instruments. Therefore, it is fair to say that VIBHS is a good trading broker for traders of various levels, whether you are a newbie or an experienced trader.
While VIBHS offers competitive trading fees and services, it is important to note there are other brokers in the market that provide relatively similar services and also may have an advantage on instrument range or additional licenses so are able to accept traders globally. Therefore, we have conducted a comprehensive analysis and put together a list of VIBHS’s primary competitors that you may want to explore:
No, VIBHS is not a scam. It is a trustworthy brokerage firm regulated by the reputable FCA (UK) which enforces strict rules and guidelines to ensure that the broker operates according to high standards.
Yes, VIBHS is a legit and regulated broker.
Adhering to regulatory requirements helps to boost the security and trust of traders who are interested in trading with VIBHS.
See our conclusion on VIBHS Reliability:
|VIBHS Strong Points
|VIBHS Weak Points
|Traders from some countries might be restricted to open account
|Funds protection up to £85,000
|Negative balance protection
According to our research, VIBHS safeguards its clients’ funds by segregating them from the firm’s accounts and refraining from using them for operational purposes. Additionally, our investigation has revealed that the broker also provides negative balance protection and funds protection up to £85,000 per person under the Financial Services Compensation Scheme (FSCS), to offer additional security for traders’ accounts.
Although leverage is a useful tool that enables traders to enter the market with limited capital, it is crucial to note that its use can lead to substantial profits or losses. As such, traders should have a comprehensive understanding of how leverage works and its possible consequences before engaging in any trading activities that involve leverage.
VIBHS leverage is offered according to the FCA regulation, therefore, is lowered:
As per our finding on VIBHS broker, traders have the option to select between Individual and Corporate account types. Additionally, new traders can choose a Demo account for free, allowing them to practice trading and make trial trades to test the strategies.
|Fast and easy account opening
|Account base currencies GBP, EUR, USD
|Individual and Corporate accounts
Opening an account with a broker is quite easy, we can open the account within minutes. You should follow the opening account or sign-in page and proceed with the guided steps:
VIBHS offers its clients a selection of popular markets, such as Forex, Indices, Commodities, and Stock CFDs. Overall, Forex is the most widely known and offers a high degree of volatility and liquidity with spreads starting as low as 0.0 pips.
For the fees, the firm provides competitive pricing on trading instruments with raw spreads starting from 0.0 pips. However, fees may vary depending on the type of account and financial market you choose. Moreover, you may incur additional charges such as swap or rollover and inactivity fees.
Based on our test trade, VIBHS offers its clients floating spreads, with an average spread of 1 pip and starting from 0.0 pips for the widely-traded EUR/USD currency pair in the Forex market, which is an attractive option for traders in various markets.
Moreover, the broker provides competitive tight spreads for all major currency pairs and other popular trading instruments.
|EUR USD Spread
|Crude Oil WTI Spread
VIBHS provides multiple options for funding your trading account, including bank wire transfers, credit/debit cards, and online payment systems. However, the specific requirements and limitations for each funding method may differ based on the financial institution and your country of residence.
Here are some good and negative points for VIBHS funding methods found:
|Fast digital deposits
|Variety of funding methods
|Multiple account base currencies
In terms of funding methods, VIBHS offers the following payment methods:
To open a live trading account with the broker, you need to deposit $200 as an initial deposit amount, which is considered a good offering overall.
VIBHS minimum deposit vs other brokers
|Most Other Brokers
You can expect a smooth and quick withdrawal process with VIBHS, as the broker typically processes withdrawal requests within 24 hours, ensuring that clients can access their funds immediately.
The broker allows clients to trade on the popular and widely-used MetaTrader 4 trading platform, which is accessible through desktop, web, or mobile devices, enabling traders to stay connected to the markets and trade anytime and anywhere. This feature makes it a favorable trading opportunity that is suitable for various traders.
Moreover, MT4 is well-known for its user-friendly interface, comprehensive range of functionalities, and automated trading capabilities, allowing traders to trade with confidence and at their preferred pace.
We found VIBHS offering is quite good for Trading Tools including advanced charting features, such as multiple chart types, timeframes, an economic calendar, and technical indicators, that can assist with market analysis.
In addition, the broker provides a Multi Account Manager (MAM) feature integrated into the MT4 platform, enabling money managers to place bulk orders across an unlimited number of accounts. Moreover, an Application Programming Interface (API) is also available, a software tool that enables two applications to communicate with each other, allowing traders to access the broker’s feed and data, integrate them with other solutions and customize them for a range of unique tasks.
As the last advantage, Broker provides access to 24/7 multilingual customer support through Live support, Email, and Phone at VIBHS. We found that the broker has a team of trading experts who are capable of assisting clients on a range of issues, including technical problems, market analysis advice, general inquiries, and operational concerns.
See our find and ranking on Customer Service Quality:
|24/7 customer support
|Live chat, phone support, email
|Quick responses and relevant answers
In the end, VIBHS offers a demo account for clients who want to practice trading without risking real money, making it an excellent educational tool for novice traders. VIBHS’s market analysis section provides traders with a range of fundamental and technical analysis resources, including daily market reviews, trading signals, and economic calendars, that can help improve their trading skills and knowledge.
In conclusion, our analysis of VIBHS as a trading broker revealed a safe and competitive trading environment with average spreads and prices for its trading instruments. Additionally, you can access one of the most popular trading platforms, MetaTrader 4, available on desktop, web, or mobile devices. The platform offers advanced charting features, automated trading capabilities, and a social trading feature. However, as we found the broker does not provide comprehensive educational materials and research which is not suitable for beginner traders.
Overall, per our findings, VIBHS is a reliable broker and a suitable option for traders of all levels. However, we advise potential traders to perform extensive research to determine whether the broker meets their individual trading needs.
Based on Our findings and Financial Expert Opinions VIBHS is Good for:
No news available.