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/10

Victory International Futures

Indonesia Indonesia | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://victoryforex.co.id

Website

Rating Index

Contact

0878-8081-9277
https://victoryforex.co.id

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Indonesia
Operating Period
5-10 years
Company Name
PT. Victory International Futures
Customer Service Email Address
vifxpro@vifx.co
Contact Number
0878-8081-9277
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • victoryforex.co.id
    172.67.69.174
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

Victory International Futures Review Summary
Founded2020
Registered Country/RegionIndonesia
RegulationRegulated by BAPPEBTI, ICDX
Market InstrumentsForex, futures
Demo Account
EUR/USD SpreadFrom 0.8 pips
LeverageUp to 1:400
Trading PlatformMT4/5 (no download link)
Min Deposit$500
Customer SupportPhone/WhatsApp: 0878-8081-9277, 0878-8989-3863
Email: vifxpro@vifx.co
Social media: Facebook, Twitter, WhatsApp, LinkedIn, Pinterest, Telegram, Instagram
Address: Sona Topas Tower Lt. 20, Jl. Jend. Sudirman No.26 RT04/RW 02, Kel. Kuningan, Karet, Kec

Victory International Futures Information

Victory International Futures is an Indonesian forex and futures broker who claims to be the online channel division of PT. Victory International Futures, a trusted broker in the country. Traders become official customer of PT. Victory International Futures after opening an account with Victory International Futures.

The company offers an economic calendar to keep traders updated about key market events. A wide series of educational resources, from beginner to advanced, help to investors to be equipped with necessary knowledge and skills for successful trading.

Moreover, it requires a high minimum deposit of $500 and implements segregated accounts to protect customer funds. And it boasts the use of the famous MT4/5 trading platforms, but there's no links of downloading on its website.

What's more, the broker currently operates without valid regulation from authority bodies, which degrade its legitimacy and reliability.

Victory International Futures homepage

Pros and Cons

Pros Cons
Segregated accountsSuspicious clone BAPPEBTI and ICDX
Tiered live accountsLimited tradable asset classes
Demo accountsNo download links for the said MT4/5 platforms
High minimum deposit
Unknown payment methods

Is Victory International Futures Legit?

Victory International Futures claims to be regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) and Indonesia Commodity and Derivatives Exchange (ICDX).

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
BAPPEBTI
BAPPEBTISuspicious ClonePT. Victory International FuturesRetail Forex License558/BAPPEBTI/SI/XII/2004
ICDX
ICDXSuspicious CloneVictory International Futures, PTRetail Forex License041/SPKB/ICDX/DIR/IX/2010

However, the licenses are suspected to be fake clones, meaning that the broker might pretend to be some reputable brokers to attract customers to trade with them. You should be super cautious about this to avoid losing money.

Suspicious clone BAPPEBTI license
Suspicious clone ICDX license

What Can I Trade on Victory International Futures?

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies

Account Type/Fees

Victory International Futures offers demo accounts for clients to practice and test trading strategies.

While for live accounts, the broker set anentry point of $500 to open an account, with spread from a tight level of 0.8 pips and commission of $10 per lot traded. The minimum order size is 0.1 lots and EA/signal support is available.

Account Type

Leverage

Victory International Futures offersa leverage level of up to 1:400, which means you can control a larger position of 400 times of your initial deposit.

However, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well.

Trading Platform

Victory indicates the use of the industry-leading MetaTrader 4 and 5 platforms, which are renowned and recognized worldwidely for their advanced charting tools and robust functionalitiess. However, no download links can be found on the broker's website, raising doubts of authenticity of this claims.

Trading PlatformSupported Available Devices Suitable for
MT4Web, mobileBeginners
MT5Web, mobileExperienced traders

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Can Victory International Futures be considered a credible broker?

PT. Victory International Futures presents a poor credibility profile, underscored by its critically low WikiFX score of 1.49 and an operational history noted as operating under a suspicious business scope. The firm has claimed licenses from Indonesian authorities ICDX and BAPPEBTI, but both are officially listed as 'Unverified' and therefore cannot be confirmed. Consequently, the broker operates without demonstrably valid forex regulation, which removes standard investor protections and represents a significant capital risk.

Three days ago
United States

Which financial regulator oversees Victory International Futures?

Victory International Futures is not overseen by a verified, mainstream financial regulator. The broker has declared licenses from the Indonesia Commodity and Derivatives Exchange (ICDX) and BAPPEBTI, but the status of both licenses is officially documented as 'Unverified'. This means there is no authoritative confirmation of active regulatory oversight, placing the entity in an unregulated status for practical purposes.

Three days ago
United States

When was Victory International Futures established?

The broker, operating as PT. Victory International Futures, has been active in the Indonesian market for between 5 and 10 years.

Three days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Three days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States
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