Victory International Futures offers 30+ trading instruments, from Forex to Gold. To segregate client funds, it has partnered with Bank Central Asia and Bank CIMB Niaga.
The VIFX broker has 24/5 support and 20 branch offices.
Victory International Futures; Company Information and Regulation
Victory International Futures, also known as VIFX, is a licensed Forex brokerage company operating under the supervision of Indonesian financial authorities, including:
- BAPPEBTI: Regulated since 2008 with license No. 18/BAPPEBTI/PN/42008
- ICDX: A member of Indonesia Commodity and Derivatives Exchange since 2010 with license No. 041/SPKB/ICDX/DIR/IX/2010
- ICH: A member of Indonesia Clearing House since 2012 with license No. 044/SPKK/ISI-VIF/VI/2012
Victory International Futures Specifics and Features
VIFX was founded in 2004 and has since opened 20 branch offices throughout Indonesia. Key features of Victory International Futures:
Broker | Victory International Futures (VIFX) |
Account Types | Mini, Regular |
Regulating Authorities | BAPPEBTI, ICDX |
Based Currencies | USD |
Minimum Deposit | $1,000 |
Deposit Methods | Bank Transfer |
Withdrawal Methods | Bank Transfer |
Minimum Order | 0.1 lots |
Maximum Leverage | 1:100 |
Investment Options | No |
Trading Platforms & Apps | MetaTrader 5 |
Markets | Forex, Indices, Metals, Energy |
Spread | N/A |
Commission | Variable based on the account type |
Orders Execution | Market |
Margin Call / Stop Out | N/A / 30% |
Trading Features | Mobile Trading, Delay-free Execution, Market Analysis Assistance |
Affiliate Program | No |
Bonus & Promotions | N/A |
Islamic Account | No |
PAMM Account | No |
Customer Support Ways | Email, Tel, Ticket, Live Chat |
Customer Support Hours | 24/5 |
VIFX Broker Account Offerings
Victory International Futures caters to different trader profiles with two account types: Regular and Mini.
Features | Regular | Mini |
Min Deposit | $10,000 | $1,000 |
Base Currency | USD | USD |
Max Leverage | 1:100 | 1:100 |
Min Trade Size | 1 lot | 0.1 lots |
Max Trade Size | 20 lots | 20 lots |
Commission | $25 per lot per side | $2.5 per 0.1 lots per side |
Pros and Cons
The broker provides access to Forex and CFDs. However, the limited trading asset offerings and high entry barriers can be a letdown for potential clients.
To have a balanced view, let's weigh VIFX's upsides against its downsides.
Pros | Cons |
Regulated by BAPPEBTI and a member of ICDX/ICH | Primary focus on the Indonesian market |
MetaTrader 5 support | Limited trading instruments (30+) |
Demo account available for practice | High minimum deposit ($1,000) |
20 branches across Indonesia | Limited payment methods |
Victory International Futures Sign Up and KYC
To create a live trading account with VIFX, users must be at least 20 years old and submit valid identification for KYC compliance. The registration process is streamlined yet secure, ensuring users meet both regulatory and platform-specific standards.
#1 Visit the VIFX Website
Go to the official VIFX website and click on the “Open Trading Account” button.
#2 Verify Your Email
Submit your email address. An OTC code will be sent—enter it to confirm.
#3 Complete the Registration Form
Fill in all required personal details, including your full name, residence, and birthdate.
#4 Upload Identification
Submit a valid ID document such as a passport, national ID, or bank statement to pass the KYC process.
VIFX Trading Platforms
One of the bright points in this Victory International Futures review is that the broker supports the MetaTrader 5 platform.
Through the MetaTrader 5 platform, the broker provides access to the Forex market and CFDs across various devices, including:
- MT5 Android
- MT5 iOS
- Desktop
You can check TradingFinder’s exclusive MT5 indicators for additional tools and advanced market analysis.
VIFX Broker Fees Explained
The company offers higher-than-average commissions on its account types. While account specifications on the Victory International Futures website indicate a trading spread of 3, customer support claims that spreads are not fixed and are determined by the company.
Account Type | Commission |
Regular | $25 per lot per side |
Mini | $2.5 per 0.1 lots per side |
Payment Options
The company’s shortcomings peak when it comes to deposits and withdrawals. VIFX only supports bank transfers.
The lack of popular payment methods, such as Cryptocurrencies, Skrill, and PayPal, can be a serious inconvenience for customers.
Does VIFX Broker Offer Copy Trade or Growth Plans?
Unfortunately, Victory International Futures does not offer copy trading or growth plans. This absence of social trading features might disappoint traders looking for passive income opportunities or those who prefer to follow successful traders' strategies.
Instruments and Products
The company provides access to 30+ trading instruments across four asset classes, including:
- Forex: 20+ major and cross currency pairs
- Metals: Gold and Silver
- Energy: US Oil
- Indices: DOW30, NASDAQ100, and SP500
Visit TradingFinder’s Forex education to learn more about the market and how to trade it.
VIFX Promotions
At the time of writing this Victory International Futures review, the broker does not advertise any specific promotions or bonuses.
However, it's always worth checking their official website or contacting customer support for the most up-to-date information on any ongoing offers or incentives for new or existing traders.
VIFX Broker Support Channels
Another upside of the brokerage company is its reliable and fast client service. It offers 24/5 online support and a complaint hotline.
Email 1 | viflegal@vifx.co.id |
Email 2 | settlement@vifx.co.id |
Hotline | 08001565758 |
Office Phone Number | +62 31 9924 8699 |
FAX | +62 31 9925 1506 |
Ticket | Through the “Contact Us” page |
Live Chat | Available on the official website |
Victory International Futures Country Restrictions
VIF primarily serves Indonesian clients and has restrictions for traders from certain countries, including:
- United States
- Iran
- North Korea
- Canada
User Satisfaction and Experience
There are no Victory International Futures reviews on reputable rating websites like TrustPilot and Forex Peace Army.
However, the broker has featured some of the clients’ comments on its official website, as you can see in the image below.
Educational Offerings
VIFX has put much effort into traders’ education by offering a comprehensive two-level trading course and market analysis reports.
- Trading Guide: 2 levels, including Beginner and Advanced
- MT5 Usage Tutorial
- Market Analysis: Technical analysis and Autochartist trading signals
VIFX in Comparison to the Competition
Here's a summarized, comprehensive comparison between Victory International Futures and some of the top choices in the Forex broker industry:
Parameter | VIFX Broker | LiteForex Broker | Exness Broker | HFM Broker |
Regulation | BAPPEBTI, ICDX | CySEC | FSA, CySEC, FCA, FSCA, CBCS, FSC, CMA | CySEC, DFSA, FCA, FSCA, FSA |
Minimum Spread | N/A | From 0.0 Pips | From 0.0 Pips | From 0.0 Pips |
Commission | $25 per Lot per Side | From $0.0 | From $0.2 to USD 3.5 | From $0 |
Minimum Deposit | $1,000 | $50 | $10 | From $0 |
Maximum Leverage | 1:100 | 1:30 | Unlimited | 1:2000 |
Trading Platforms | MetaTrader 5 | MetaTrader 4, MetaTrader 5, Mobile Proprietary App | Exness Trade (mobile), Exness Terminal (web), MT4, MT5 | MT4, MT5, Mobile App |
Account Types | Mini, Regular | Classic, ECN, Demo | Standard, Standard Cent, Pro, Raw Spread, Zero | Cent, Zero, Pro, Premium |
Islamic Account | No | No | Yes | Yes |
Number of Tradable Assets | 30+ | N/A | 200+ | 1,000+ |
| Trade Execution | Market | Market | Market, Instant | Market, Buy Stop, Stop Loss, Limit, Take Profit |
Conclusion and Final Words
Victory International Futures provides access to four asset classes, including Forex and US Indices, with leverage options of up to 1:100.
The VIFX broker offers two account types (Regular and Mini) and supports only bank transfer as a payment method. US clients are not accepted.