- What is VPFX?
- VPFX Pros and Cons
- Is VPFX Safe or a Scam?
- Leverage
- Accounts
- Instruments
- Fees
- Spreads
- Deposits and Withdrawals
- Trading Platform
- Customer Support
- Education
- Conclusion
Our Review Method
- 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading conditions, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see proposals fully to give expert opinions about VPFX.
What is VPFX?
VPFX is a multi-regulated Forex trading broker, that offers a diverse range of trading instruments and access to global markets. The broker provides competitive spreads and allows traders to trade Forex, Stocks, Indices, and CFDs on Commodities.
Based on our research, the company was established in 2020 and is regulated by multiple authorities, including ASIC in Australia, Labuan FSA in Malaysia, DED in the UAE, and SVG FSA in Saint Vincent and the Grenadines.
Overall, as we found VPFX is known for its reputable services, an extensive selection of popular assets, and user-friendly trading execution on the widely used MetaTrader platforms.
VPFX Pros and Cons
When considering VPFX as your broker, there are both advantages and disadvantages in place. For the pros, the broker offers widely recognized MT4 and MT5 trading platforms, which are known as suitable for various strategies and suitable for different sizes of traders. The broker also facilitates quick deposits and withdrawals, as well as provides competitive spreads starting from 0.0 pips.
For the cons, the trading conditions may vary depending on the entity, and there is no 24/7 customer support, which can be inconvenient for traders in need of immediate assistance. Another drawback is the absence of learning materials and seminars on its website, limiting access to educational resources for clients.
Advantages | Disadvantages |
---|
ASIC regulation and oversee | Trading conditions might vary based on the entity |
MT4 and MT5 trading platforms | No 24/7 customer support |
Account segregation | Limited educational materials |
MAM/PAMM multi-account managers | |
Raw spreads | |
White label | |
Available for Australian and international traders | |

VPFX Review Summary in 10 Points
🏢 Headquarters | Malaysia, St. Vincent and the Grenadines, UAE, Australia |
🗺️ Regulation | ASIC, Labuan FSA, DED, SVGFSA |
🖥 Platforms | MT4, MT5 |
📉 Instruments | Forex, Precious Metals, Energies, Indices, Shares |
💰 EUR/USD Spread | 1.2 pips |
🎮 Demo Account | Available |
💳 Minimum Deposit | $100 |
💰 Base Currencies | USD, EUR, GBP |
📚 Education | Limited |
☎ Customer Support | 24/5 |
Overall VPFX Ranking
Per our analysis and findings, the broker is marked with quite a good proposal and provides a secure and competitive trading environment along with favorable fees and spreads across a wide range of trading instruments. As a result, we can conclude that VPFX is a suitable trading broker for individuals at different skill levels, whether they are beginners or experienced traders.
- VPFX Overall Ranking is 8 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
Ranking | VPFX | NCM Investment | PRCBroker |
---|
Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
Advantages | Spreads | Trading Services | Trading Conditions |
VPFX Alternative Brokers
Although VPFX provides competitive spreads and trading services, there might be other brokers offering quite a similar trading proposal, so is always good to compare other findings and select the best suitable Broker for you. As a result, we have conducted an extensive analysis and compiled a list of the broker’s main competitors for you to consider exploring:
- NCM Investment – Competitive Trading Conditions
- PRCBroker – Good Trading Services for Professional Trading
- XM – Wide Range of Trading Instruments
Awards
As we found, VPFX has received multiple international accolades and recognition from investors for its dependable trading services and financial technology offerings in recent years.

Is VPFX Safe or Scam?
No, VPFX is not a scam. It is a reliable brokerage firm that operates under the regulation of the reputable Australian ASIC authority and also holds additional licenses. This regulatory body enforces strict rules and guidelines to ensure that the broker operates in a trustworthy manner.
Is VPFX Legit?
Yes, VPFX is a legit and regulated broker.
Compliance with the regulatory requirements set by ASIC which is one of the top-tier regulators, enhances the safety and confidence of traders who choose to trade with VPFX.
See our conclusion on VPFX Reliability:
- Our Ranked VPFX Trust Score is 8.2 out of 10 for the good reputation and services provided. However, trading services available for international traders are done via offshore entities as well, which offers lower security levels
VPFX Strong Points | VPFX Weak Points |
---|
Segregated accounts | No negative balance protection |
Funds protection | |
Compensation scheme | |
Risk management | |
How Are You Protected?
According to our research, at VPFX, there are various protection rules applied to safeguard clients’ funds including segregation from the firm’s accounts and refraining from using them for operational purposes, which is set by the sharp regulatory requirements and Broker himself too. Additionally, the broker has introduced Professional indemnity insurance, offering coverage of up to USD 1 million.

Leverage
Leverage is a helpful tool that enables Forex traders to enter the financial market with limited capital and gain larger exposure, yet it works in both directions so can lead to significant profits or losses alike. Therefore, we advise you to possess a thorough understanding before engaging in any trading activities that involve leverage.
VPFX leverage is offered according to the ASIC, Labuan FSA, DED, and SVGFSA regulations:
- The Australian clients that hold with ASIC-regulated VPFX accounts are entitled to up to 1:30.
- For international traders high leverage of the maximum leverage is 1:1000.
Account Types
Reviewing VPFX broker account types we found that traders can select three different account types: Standard, Vip, and Elite. However, the availability of account types may vary depending on the specific entity. Therefore, do your research to ensure a comprehensive understanding of the options available.
Also, new traders can choose a Demo account for free, allowing them to practice trading and make trial trades to test the strategies.
Pros | Cons |
---|
Fast and easy account opening | None |
Account base currencies USD, EUR, and GBP | |
Demo account | |
$100 is the minimum deposit amount | |

How to Open VPFX Live Account?
Opening an account with a broker is quite easy. We can open it within minutes, just following the opening account or sign-in page and proceeding with the guided steps:
- Select and Click on the “Open an Account” page
- Enter the required personal data (Name, email, phone number, etc.)
- Verify your personal data by upload of documentation (residential proof, ID, etc.)
- Complete the electronic quiz confirming your trading experience
- Once your account is activated and proven, follow with the money deposit.
Trading Instruments
VPFX offers a diverse selection of popular markets, including more than 30 pairs in the Forex market, Stocks, Indices, Shares, and CFDs on Commodities. Among these markets, Forex is the most widely recognized and offers exceptional liquidity. It provides the advantage of starting spreads as low as 0 pips. However, the availability of trading instruments may vary depending on the entity, so we recommend thoroughly researching the range of available options.
- VPFX Markets Range Score is 8.5 out of 10 for wide trading instrument selection overall. However, many popular asset classes, such as futures, bonds, and cryptos are not available to trade so might be good to consider other Brokers too.

VPFX Fees
We found that the broker offers competitive pricing and stands out for its transparent fee structure. VPFX does not impose any hidden fees, however, certain charges may apply to deposits and withdrawals, which can vary based on the selected funding method and the country of registration. Additionally, traders may incur additional charges such as swap or rollover fees.
- VPFX Fees are ranked low or average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers for all fees applied. See more comparison details below:
Fees | VPFX Fees | NCM Investment Fees | PRCBroker Fees |
---|
Deposit fee | Yes | Yes | Yes |
Withdrawal fee | Yes | Yes | Yes |
Inactivity fee | No | No | No |
Fee ranking | Average | Average | Average |
Spreads
Based on our test trade, VPFX provides tight and floating spreads, with an average spread of 1.2 pips for the highly-traded EUR/USD currency pair in the Forex market. This is an attractive option for traders, as it aligns with the industry average. The broker also provides competitive spreads for other major currency pairs and popular trading instruments. However, it is important to note that trading conditions may vary depending on the entity, so conducting thorough research is essential to understand the specific spread conditions in place.
- VPFX Spreads are ranked low or average with an overall rating of 8.5 out of 10 based on our testing comparison to other brokers. We found Forex spread is in line with the industry average and spreads for other instruments are competitive too, which is beneficial for various strategies including Trend Trading or Scalping.
Asset/ Pair | VPFX Spread | NCM Investment | PRCBroker Spread |
---|
EUR USD Spread | 1.2 pips | 2 pips | 2 pips |
Crude Oil WTI Spread | 3 | 3 | 3 |
Gold Spread | 1 | 1 | 1 |
Deposits and Withdrawals
For funding methods, the broker offers various options for traders to deposit funds into their trading accounts, including bank wire transfers, credit/debit cards, and online payment systems like Skrill, Neteller, and FasaPay. However, specific requirements and limitations for each funding method may vary depending on the financial institution and your country of residence.
- VPFX Funding Methods we ranked good with an overall rating of 8.5 out of 10. Fees are low, and also you can benefit from various account-based currencies.
Here are some good and negative points for VPFX funding methods found:
VPFX Advantage | VPFX Disadvantage |
---|
Fast digital deposits | Methods and fees might vary in each entity |
Popular funding methods | |
Multiple account base currencies | |
VPFX Minimum Deposit
To open a live trading account with the broker, you need to deposit $100 as an initial deposit amount for a Standard account, which is considered a good offering overall.
VPFX minimum deposit vs other brokers
|
VPFX |
Most Other Brokers |
Minimum Deposit |
$100 |
$500 |
VPFX Withdrawals
According to our research, the withdrawal process is smooth and quick with VPFX, enabling traders to access their funds efficiently. The withdrawal requests are typically processed within 24 hours across all available methods.
How Withdraw Money from VPFX Step by Step:
- Login to your account
- Select Withdraw Funds’ in the menu tab
- Enter the withdrawn amount
- Choose the withdrawal method
- Complete the electronic request with necessary requirements
- Confirm withdrawal information and Submit
- Check the current status of withdrawal through your Dashboard

Trading Platforms
VPFX provides traders with access to two highly recognized and popular trading platforms, MetaTrader 4 and MetaTrader 5. These platforms are renowned for their user-friendly interfaces, wide range of features, and the ability to engage in automated trading.
Moreover, MT4 and MT5 are accessible on both desktop and mobile devices, enabling traders to stay connected to the markets and trade conveniently at any time.
- VPFX Platform is ranked good with an overall rating of 8.9 out of 10 compared to over 500 other brokers. We mark it as good since it offers the popular MT4 and MT5 professional trading platforms.
Platforms | VPFX Platforms | NCM Investment Platforms | PRCBroker Platforms |
---|
MT4 | Yes | Yes | Yes |
MT5 | Yes | Yes | Yes |
cTrader | No | No | No |
Own Platforms | No | No | No |
Mobile Apps | Yes | Yes | Yes |
Trading Tools
Based on our analysis, VPFX offers a range of trading tools that include advanced charting features with multiple chart types, various timeframes, trading signals, an economic calendar, and technical indicators. Moreover, MT4 and MT5 platforms facilitate automated trading using Expert Advisors (EAs) and algorithmic trading.
- Also, VPFX integrates a Multi Account Manager (MAM) system, enabling money managers to efficiently execute bulk orders across an unlimited number of accounts. Additionally, Percentage Allocation Money Management (PAMM) is available, providing further flexibility in managing funds across multiple accounts.

Customer Support
VPFX’s customer support is available 24/5 through various channels including Live chat, Email, and Phone. The team of experienced trading experts are readily available to assist clients with a wide range of matters, including technical problems, market analysis advice, general inquiries, and operational concerns.
- Customer Support in VPFX is ranked good with an overall rating of 7.5 out of 10 based on our testing. We got fast and knowledgeable responses, and also it is easy to reach during the working days.
See our find and ranking on Customer Service Quality:
Pros | Cons |
---|
Live chat, phone support, and email | No 24/7 customer support |
Quick responses | |
Relevant answers | |
VPFX Education
Lastly, we noticed that the broker does not have a dedicated education section on its website. This lack of educational support can be seen as a drawback since comprehensive resources are crucial for the development and enhancement of traders’ skills. While VPFX provides an Economic calendar and market news, and trading tools these resources may not be sufficient for individuals seeking a more extensive educational experience.
However, the broker offers a demo account option, which allows traders to practice their trading strategies without risking real money. This option serves as an educational tool, particularly for beginners who can gain practical trading experience in a risk-free environment.
- VPFX Education ranked with an overall rating of 6 out of 10 based on our research. For beginner traders, we recommend finding educational resources from established and reputable brokers.

VPFX Review Conclusion
To summarize and conclude VPFX is an established Forex trading broker that offers a range of appealing features and services. Traders can benefit from its widely recognized MetaTrader 4 and MetaTrader 5 platforms, which provide advanced charting tools and automated trading options. The broker also boasts competitive spreads, including the possibility of starting from 0 pips.
Yet, it is important to note that VPFX lacks a dedicated education section on its website and does not offer 24/7 customer support. However, taking into consideration the overall picture, the company can be seen as a reliable and competitive trading environment suitable for traders at different skill levels. Nevertheless, as every trader has unique needs, it is essential to assess whether this broker aligns with your specific trading goals and preferences before starting trading activities.
Based on Our findings and Financial Expert Opinions VPFX is Good for:
- Traders from Australia
- International traders
- CFD and currency trading
- Traders who prefer the MT4 and MT5 platforms
- Beginners
- Advanced traders
- Professional trading
- Market Making execution
- Competitive fees and low spreads
- White Label solution
- EA/Auto trading
- Good trading tools
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