Independent rating of Forex broker VPE
10/10 (votes 100)
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On-line since
2008
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Country of origin
Germany
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Regulation
BaFin
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Payment options
bank transfer
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Minimum account size
$5,000
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Minimum lot size
0.04 lot
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Leverage
up to 1:100
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Spreads
floating
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VPE actively operates in many markets and financial sectors including global transaction banking, asset management, and private capital management.
The company was founded in 1989 and is headquartered in Munich.
In 2006, VPE became a member of the National Futures Association (NFA, USA).
The company received a license for securities transactions in November 2008. Next year, the broker opened its first office in Berlin.
The company operates under the following regulators: BaFin (115868), FINRA (147183), SEC (8-67882), and the US Securities and Exchange Commission.
The broker provides a wide range of platforms matching needs of individual traders: Clear Pro, Clear Web, CFH Mobile, and MT4.
A trader can open an account in euros or in US dollars and trade CFDs on currencies, futures, and options.
The company's and clients’ funds are kept on segregated accounts in the first category banks.
VPE, a network of clearing companies working in all major stock exchanges, enables professional execution of all security transactions. Clients have access to a wide range of services, including consulting, risk management and securities lending.
Comments
Positive
Negative
All
Author:
Wesla
Date:
2022-08-30 08:56:42
(UTC+3)
I started trading with this broker 5 months ago with $5,000, all I got is nothing no profit at all spreads always widen disproportionately on occasion with almost 3%, whenever I want to close any position it is always impossible until I run loss, I have lost $4,955 all I have in my account is $45, now I want to withdraw my remaining money but VPE Bank has refused to give me my money, they have stopped picking my calls and they don't reply my mails
Author:
Nuree
Date:
2022-04-26 01:51:58
(UTC+3)
I have tried this on demo for 3 months. I think it takes a while before one can be profitable in this business because even practicing on demo I lost half of my profits. I contacted the broker and so far the tell me that it is a problem that many have recently been experiencing and that I just have to wait. When I wanted to close my account, VPE also refused to close it. In the end, VPE hold an inactive account in my name, but they do not let me withdraw my previous earnings from it. It did not take me long time to realize what these guys were doing. They just close out my profitable trades without any given reason. I think they are betting against you.
Author:
Jesse
Date:
2021-12-29 02:17:46
(UTC+3)
The software will freeze up not allowing you to close your positions, orders will be filled at huge slips although the price wasn't volatile. VPE are an untrustworthy broker. The connection and execution is terrible, I have been stopped out of trades prematurely numerous times with no compensation offered by VPE. Auto updates on the MT4/Meta quotes platform cut me from three swing trades only yesterday, after a call to VPE they tell me this sort of error happens occassionaly. Their software will freeze up all too often, at times when it's going against your position.
Author:
Naoya
Date:
2021-11-03 04:52:34
(UTC+3)
Sadly, the initial deposit at VPE is too expensive. I saw a lot of positive reviews about the broker that is why I was very interested in opening an account with them. But when I saw how much they ask for investment, I was disappointed because I could not afford it.
Author:
Lourry
Date:
2021-09-08 03:27:51
(UTC+3)
I lost a lot of money because trading platform freezes continuously and my orders are closed without any reason. Every time I ask for a solution to customer service, it seems that they don't care because never reply my emails. They refused to give me bonus but advertise this online. They do not tell the truth just try to trap customers with scam broker tactics. They are brokers who are not professional, do not serve the complaint of traders and new innovations for the advancement of their broker. Within two weeks I was straight out away of this broker.
Author:
Cyprian
Date:
2021-07-09 02:15:35
(UTC+3)
VPE is not a good broker for newbies. Aside from the high initial deposit, their trading spread is floating. I have experienced seeing the spread go up to 12 pips. If you are scalping, you probably won't earn from it.
Author:
Gerrart
Date:
2021-04-29 00:44:04
(UTC+3)
It's been 3 months my account can't be used for transactions. I noticed some inconsistent spreads that immediately change the rates of entire currencies. They close connection when there is news! he metatrader freezes so so much not only during news but all the time. There are requotes all the time and customer service is not very efficient. They must be stopped as they are not honest at all. They hold your profits if you win. I will stop and close all my account here.
Author:
Lazlo
Date:
2021-03-19 07:25:32
(UTC+3)
Opening an account at VPE is not worth it. If you have any plan to open an account with them, make sure that you consider their trading conditions. Their representative was very pleasant to speak with that is why I was convinced to start an account. But their fees are too high and the platform has poor quality.
Author:
Simmons
Date:
2021-01-27 14:05:27
(UTC+3)
Really I am profitable on scalping and EA strategy with VPE broker. As the spread is fixed and the MT4 platform provided the fastest trade execution with many great features service. As their Technical analysis or signal. Which make my trading strategies more profitable order. So my earning increased. VPE broker is reliable on payment through Skrill. Here I want to thanks VPE broker for the professional service.
Author:
Leanie
Date:
2020-11-19 06:04:53
(UTC+3)
I am a little disappointed with the customer service of VPE. They are not very responsive even through their live chat. The sole purpose of the live chat is to allow clients to communicate with representative real-time. But they are very slow in attending to the chat and there are minutes of intervals within our conversation. Please improve on this, VPE.
