Score
VI Markets
Kuwait|5-10 years| http://www.vimarkets.me/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Egypt 5.49Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
KuwaitAccount Information
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Website
vimarkets.me
Server Location
United States
Website Domain Name
vimarkets.me
Website
WHOIS.NIC.ME
Company
GODADDY.COM, LLC
Domain Effective Date
2015-12-13
Server IP
184.168.131.241
Company Summary
| VI Markets Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Kuwait |
| Regulation | Unregulated |
| Market Instruments | 200+, Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, Shares |
| Demo Account | ✅($10,000 in virtual funds) |
| Leverage | / |
| EUR/USD Spread | / |
| Trading Platform | MT4, MT5 and WebTrader |
| Min Deposit | / |
| Customer Support | 24/5 support |
| Contact form | |
| Tel: +44 (0) 203 857 2000; +965 22256988; +61 448088246 | |
| Email: info@ofmarkets.com; clientservices@vimarkets.com.kw | |
| X: https://twitter.com/onefinancial | |
| Facebook: https://www.facebook.com/onefinancialmarket/ | |
| YouTube: http://www.youtube.com/onefinancialmarkets | |
| WhatsApp: https://wa.me/message/AXYAAN4ALZ5OJ1 | |
| Physical address: Level 2 36-38 Leadenhall Street London, EC3A1AT United Kingdom | |
| Sharq - Mazaya Tower 02 - 10th floor PO BOX 3040 22031 Salmiya, Kuwait | |
| Regional Restrictions | The United States, Belgium, Poland or any particular country outside the UK |
VI Markets, a financial brokerage firm registered in Kuwait in 2015, offers a diverse range of trading options including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares through the MT4 and MT5 trading platforms. In addition, the company provides comprehensive customer support channels and offers a risk-free demo account with $10,000 in virtual funds. However, it operates without any legal regulation.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | No regulation |
| Demo accounts | Limited info on trading conditions |
| No commissions | Withdrawal fees charged |
| MT4 and MT5 trading platform | Regional restrictions |
| Popular payment options | |
| No deposit fees |
Is VI Markets Legit?
VI Markets does not hold a regulatory license from any authoritative financial regulatory body. Instead, it mentions on its website that it is registered in Saint Vincent and the Grenadines, a jurisdiction that is often favored by fraudulent brokers because it does not effectively regulate foreign exchange brokers.
What Can I Trade on VI Markets?
OnVI Markets, you can trade 200+ popular products, including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies and Shares:
Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NOK, AUD/NZD, AUD/SGD...
Bullion: Gold Future, Gold vs US Dollar, Gold vs Australian Dollar, Gold vs Euro, Gold vs Swiss Franc, Gold vs British Pound and Silver vs US Dollar.
Indices: AUS200, CN50, EU50, FRA40, GER40, HK50...
Commodities: XAGUSD, XAUAUD, XAUCHF, XAUEUR, XAUGBP, XAUUSD...
Energy: UK Brent Oil, UK Crude Oil (cash), US Crude Oil (cash), US Crude Oil, US Natural Gas...
Cryptocurrencies: Bitcoin, Bitcoin cash, Dash, Ethereum, Litecoin, Ripple...
Shares: US271, UK141, EU46...
| Tradable Instruments | Supported |
| Forex | ✔ |
| Bullion | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Energy | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
VI Markets indeed offers a plethora of trading platforms, including the highly popular and professional MT4 and MT5, as well as a WebTrader. Both the former platforms are accessible via Web and Mobile. These features might make the broker sound highly reliable to you. However, it's crucial to remember that VI Markets is not regulated by any authority, so you should not take any information at face value.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MT4 | ✔ | Web and Mobile | Beginners |
| MT5 | ✔ | Web and Mobile | Experienced traders |
Deposit and Withdrawal
VI Markets accepts payments via Bank Transfer, Credit/Debit Card, Neteller, and Skrill. Each method has a different minimum deposit and withdrawal amount, as well as varying processing times. Some methods may also charge certain withdrawal fees.
| Payment Method | Min Deposit | Min Withdrawal | Deposit Fee | Withdrawal Fee | Deposit Time | Withdrawal Time |
| UK Bank transfers | 0 | £30 | ❌ | £1 (next day payment) | 1-3 working days | Next day |
| £20 (same day payment) | Same day | |||||
| International SWIFT bank wire transfer | $50 (or equivalent) | $25 | 2-5 working days | 2-5 working days+ | ||
| Credit/debit card(within portal) | $50, €35 or £30 | $50, €35 or £30 | ❌ | Immediately | 3-5 working days | |
| Credit/debit card(outside portal) | Within 15 minutes++ | Up to 10 days | ||||
| Neteller | $50 | $50 | Immediately | Same day | ||
| Skrill |
Keywords
- 5-10 years
- Suspicious Regulatory License
- High potential risk
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