VIG Investment Review – Trustable Broker or Another Scam?

VIG Investment Does Not Have a Forex License and Is a Fraud

Chapter One – Imposter US operator. VIG Investment claims that it is involved in business with Vanguard International Group. This group is supposed to have been registered with the US National Futures Association, number 0538237. What if it doesn’t?

Chapter 2 – British Virgin Islands. So VIG Investment now fantasizes being an offshore provider. This information is found in the “About” section. According to the island’s regulator, however, this is not true.

Chapter 3 – Hong Kong address under the “Contact Us” section. The final decision will be made by the local Securities and Futures Commission. Poor VIG is not covered, as expected. This broker could not be registered in Hong Kong because the SFC has banned CFD trading.

VIG Investment is a dishonest and fraudulent broker who lied about its legal standing and address. The broker is accused of offering Forex and CFD trading, while targeting individuals from the United States, Canada, and Czechia.

Why it is better not to choose an unlicensed broker

Most transparent broker our foot! VIG Investment does not have a license. Every penny that you invest will be taken.

You can avoid this by switching to a licensed broker. We would choose a license issued by the UK’s FCA or German BaFin, Australian ASIC, or Cypriot CySEC.

If you are a US citizen, your provider must be registered with both the NFA or the CFTC. These two authorities are among the most stringent in the world.

VIG Investment offers MetaTrader 5?

It’s a clever hoax. VIG continues to advertise Meta Trader 5, but they fail to deliver. Only a trial version of Meta Trader 5 is available, but it’s not the real deal.

MT5 is undoubtedly the most popular trading software in the globe. It boasts many cutting-edge features, including automated trading customization, branch optimization, and API integration. It will attract traders as such.

MetaTrader 5 for Android and IOS

Imagine the horror that is the mobile version if the desktop version is not strong enough. The platform is fake, regardless of whether it’s Android or iOS. Even the legitimate MT5 doesn’t work well on mobile phones. Online reviews have highlighted issues traders face.

MetaTrader 5 Web Trading

This is a WebTrader, so forget the MT5 part of the title. The boring, stale platform has only the basic options. It’s also the one scammers use all the time. It’s not something we recommend.

VIG Investment Assets- Types of Instruments

VIG has a detailed list of details regarding trading assets. For the purposes of this review, we’ll list some examples instruments:

• Forex pairs – EUR/USD NZD/JPY CAD/CHF…
• Indices – AUS200, FRA40, NAS100…
• Commodities – natural gas, copper, gold, coffee…

This one was a tough one. But traders may forget about the whole scammer business if they have a well-compiled list. Remember that you are dealing with an unregulated broker.

VIG Investment is involved in fraud? – Countries of Service

We did our research. Now it’s time for us to share our findings. VIG targets unsuspecting traders in the following countries:

• United States;
• Canada;
• Czech Republic.

The US registration was already proven fraudulent so don’t fall for the scammer. These fraudsters can sometimes be very persuasive.

What are the Different Types of VIG Investment Accounts?

The website does not offer any account types. We were only able to create an account by going to the menu. It was a bit shabby, to be honest. VIG seems eager to have your personal documents.

A Demo Account is Free – Is The Broker Offering It?

No. It wasn’t found anywhere. We’ll simply add it to the long list of red flags. However, it was not our expectation that such a fraudulent entity would offer a demo account. However, all legitimate brokers offer a free demo account.

Learn more about leverage, margin, spreads, and fees

According to the website, Forex leverage caps at 1:400 This is something that only an offshore provider would do. Regulated entities must respect the 1:50 (US) and 1:30 (EU) FX major pair legal limits.

Spreads: VIG claims to have tight spreads but we don’t know how low. It doesn’t really matter at the moment. All other factors are unfavorable. Fees are a mystery.

What is the Minimum Deposit and How Do You Withdraw?

Minimum deposit required is 100$ This is how much VIG wants. The scammer will steal your money and then disappear.

VIG Investment accepts only wire transfers and USTether as payment methods. This is the preferred method of payment for most fraud brokers as they can continue to operate their scams anonymously. CoinPayments is the website to make this deposit.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

VIG Investment: Video

Below you will find a short video about VIG Investment. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about VIG Investment!