Thinking of getting into business with Vinvestpro? Here is what you must know about this broker. Carefully read this review to find out if vinvestpro.com is the trading platform you will want to trade with.
Table of Contents
About Vinvestpro Broker
Vinvestpro is an offshore brokerage company with a lot of offers for traders. It offers assets like forex, crypto currencies, stocks, indices, CFDs and more.
Do You Know You Could Get Back Your Money If You Have Been Scammed? Great News! Click HERE to Get Started
The location of the broker is presented as
Also, it claims to have different account types: Silver €500- €5000, Gold €5000-€7000, Platinum €25,000 and VIP Club €100,000 plus.
Forex traders are provided with Web Trader trading software which Vinvestpro claims on the website.
vinvestpro.com: Reasons to Avoid This Broker
vinvestpro.com is a platform with no financial authority overseeing its financial services. The need for regulation is to block scam activities and also assure the safety of traders’ money. While this is not the case with this broker, it is a risk.
There is a problem of transparency with vinvestpro.com. Its denial to provide us with enough information is a turn off as it reserved vital details to the broker only.
Vinvestpro leverage is a red flag and you must not fall to it. The leverage of 1:200 is against the ratio sets by US, financial regulators.
The broker charges high percent on an inactive account.
Withdrawal and Deposit
Withdrawal process
The withdrawal process Vinvestpro provides for traders points what this broker is up to. See below.
This is just a way to reap traders of their money and even frustrate their withdrawal request.
Minimum Deposit
Vinvestpro does not mention the minimum deposit for forex traders. Also, it presents Visa, bitcoin, Skrill, Neteller, Webmoney as payment methods.
Vinvestpro Platform
Vinvestpro operates as a web trader. The refusal to use the industry standard of MT4 and MT5 leaves us with the option of doubt.
Vinvestpro broker offers different account types like Silver, Gold, Platinum and VIP Club.
Vinvestpro leverage is 1:200. This is a high leverage to risk in the first place. In fact, it is against the regulatory leverage set by US, financial regulator.
Vinvestpro Licensing and Regulation
It is not far from the truth that vinvestpro.com is not a licensed brokerage firm. It is not under any financial regulation that means traders’ money is at risk.
In fact, its financial services are shady and must be avoided.
Trade with TOP RATED BROKERS Instead
Accounts
Free Trial
Projects
SSL
S
Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
TOP CHOICE BY TRADERS
Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
BEGINNER FRIENDLY
Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion: Is vinvestpro.com a Legit Broker?
No, vinvestpro.com is not a legit broker for traders and because of that, you are advised to stay away from this broker.
The scam is on the wall for forex traders to avoid crossing path with vinvestpro.com because its claimed license and lack of transparency are red flags.
Therefore, we do not recommend this broker for trading.
Kindly share your comment about this broker in the comment section.