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 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 opened 20 branch offices throughout Indonesia since then. 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 |
Victory International Futures Sign Up and KYC
VIFX requires clients to be above 20 years old and provide ID verification documents. To open a trading account with the broker, follow these steps:
- Navigate to the broker’s official website;
- Click “Open Trading Account”;
- Fill out the sign up form;
- Enter the OTC sent to your email;
- Fill in the personal information form;
- Complete personal data;
- Provide proof of ID (ID Card, passport, or bank statement).
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 currency pairs and CFDs across various devices, including:
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 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.
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 |
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.
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.
