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VICTORY INTERNATIONAL FUTURES

Indonesia | 5-10 years |
Regulated in Indonesia | Retail Forex License | Suspicious Scope of Business

https://vifx.co.id

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Indonesia 3.00
Surpassed 68.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+62 0800 - 156 - 5758
info@vifx.co
https://vifx.co.id
Pakuwon Center Superblock Tunjungan City Office Building Lt. 15 Unit 5-7 Jl. Embong Malang No. 1, 3, 5 Surabaya 60261

Basic Information

Registered Region
Indonesia
Operating Period
5-10 years
Company Name
PT Victory International Futures
Abbreviation
VICTORY INTERNATIONAL FUTURES
Company employee
--
Customer Service Email Address
info@vifx.co
Contact Number
+6208001565758
Company Website
Company address
Pakuwon Center Superblock Tunjungan City Office Building Lt. 15 Unit 5-7 Jl. Embong Malang No. 1, 3, 5 Surabaya 60261
Keywords 4
5-10 years
Regulated in Indonesia
Retail Forex License
Suspicious Scope of Business

jaa3835

Unverified

Thailand

Deposited money into the platform in amount of 710,000 baht and then played trading in the platform of VIF and had a balance in platform in amount of 2577400 baht, so sent a withdrawal request to service department. But instead was told that the money in our account is too much, we have to pay 30% tax first, in amount of 773,220 baht, before that money can not be withdrawn.

Exposure

2023-07-06

FX3561375592

Unverified

Hong Kong

My money cannot be withdrawn from the fake VIF. The profits they claimed in Moments on 18th Dec is 8 to 10 times. There are programmers who guide us to copy the order. But I cannot withdraw funds, saying that the bank card number is wrong and that the credit score has fallen, which has to be made up first.

Exposure

2021-02-16

Alexwang

Unverified

New Zealand

Venturing into the trading world with Victory International Futures (VIF) has its perks and pitfalls. The licensing in Indonesia brings a sense of reliability, and the diverse market instruments keep things interesting. It's accommodating to different wallets, but the risks of market volatility are real. Leverage spices up the game, but I'm wary of possible trading costs. The demo account is a good warm-up, yet I wish there was more flexibility in account features. Powerful platforms are at my fingertips, but the higher minimum account opening gave me a pause. It's a balancing act, but I'm learning the ropes.

Neutral

2023-12-04

tmkserrolling

Unverified

Malaysia

Trading with Victory International Futures (VIF) has been quite the journey. It's comforting to know they're a licensed player in Indonesia – adds a layer of security to my investments. The variety of market instruments opens up endless possibilities, and having different account types makes it accessible for all. Leverage can be a game-changer, though I'm keeping my eyes on potential trading costs. The demo account is a nifty touch for practicing, but staying on top of market changes is key. All in all, a solid experience.

Neutral

2023-12-01

郭纳宁

Unverified

Hong Kong

The account opening fee is too high! Spreads and commissions are also higher than the average, not competitive, only the trading platform performance is not bad, providing a well-known MT5 trading platform in the industry, demo accounts are also available.

Neutral

2022-11-17

5
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Company Summary

Victory International Futures Review Summary
Founded2004
Registered Country/RegionIndonesia
RegulationBAPPEBTI, ICDX
Market InstrumentsForex, Gold, Silver, Oil, U.S. Stock Indices
Demo Account
LeverageUp to 1:100
SpreadFixed 3 points (applies to both account types)
Trading PlatformMetaTrader 5 (MT5) on Windows, macOS, Android, iOS
Minimum Deposit$1,000
Customer SupportPhone: 0800–156–5758/031-9924-8699
WhatsApp: 0822-1156-5758 (Settlement)
Email: settlement@vifx.co.id / viflegal@vifx.co.id
Address: Pakuwon Center, Superblock Tunjungan City Office, Lt. 15 Unit 5-7, Jl. Embong Malang No. 1, 3, 5, Surabaya 60261

Victory International Futures Information

Victory International Futures, formed in 2004 and based in Indonesia, is a BAPPEBTI and ICDX-regulated broker that trades forex and commodities futures. It supports MetaTrader 5 and offers a demo account, but does not mention Islamic accounts. The broker charges fixed spreads and commissions according with local industry standards.

Victory International Futures' homepage

Pros and Cons

ProsCons
Regulated by BAPPEBTI and ICDXSwap fees not disclosed
Supports MetaTrader 5 across multiple devicesLimited information about deposit and withdrawal
Offers both Regular and Mini accounts + Demo

Is Victory International Futures Legit?

Yes, Indonesian forex broker Victory International Futures (PT. Victory International Futures) is regulated. It has a Retail Forex License from BAPPEBTI (558/BAPPEBTI/SI/XII/2004) and an ICDX license (041/SPKB/ICDX/DIR/IX/2010). Dual licenses verify the company's legality and conformity with Indonesian financial and trading laws.

Regulated by BAPPEBTI
Regulated by ICDX

What Can I Trade on Victory International Futures?

Victory International Futures has over 30 trading instruments, such as currencies, precious metals (gold and silver), oil, and U.S. stock indices. The broker supports numerous asset classes for diversified trading, but it doesn't say how many currency pairings or indices there are.

Trading InstrumentsSupported
Currencies
Precious metals (gold & silver)
Oil
U.S. stock indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Victory International Futures?

Account Type

Victory International Futures has two kinds of live trading accounts: the Regular Account and the Mini Account. The broker doesn't say anything about Islamic (swap-free) accounts, but they do have a demo account.

Account comparison

Leverage

Both Regular and Mini accounts at Victory International Futures can use leverage up to 1:100. Leverage can make profits bigger, but it can also make losses bigger.

Victory International Futures Fees

Victory International Futures' trading fees are equivalent to Indonesian industry standards. The broker charges set spreads and commissions but does not disclose swap rates or variable fees.

Account TypeSpreadCommission
Regular Account3 points$25 per lot per side
Mini Account3 points$2.5 per 0.1 lot per side

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5 (MT5)Windows, macOS, Android, iOSExperienced traders
MetaTrader 4 (MT4)/Beginners
MT5

Keywords

  • 5-10 years
  • Regulated in Indonesia
  • Retail Forex License
  • Suspicious Scope of Business

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