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Independent rating of Forex broker VPE

10/10 (votes 100)

On-line since
2008
Country of origin
Germany
Regulation
BaFin
Payment options
bank transfer
Minimum account size
$5,000
Minimum lot size
0.04 lot
Leverage
up to 1:100
Spreads
floating
VPE operates worldwide as an investment bank and provider of financial services for private and corporate clients. The broker has considerable experience in online trading and sufficient resources.
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

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.
Author: Carlos Date: 2020-09-09 04:00:15 (UTC+3)
I lost $5240 just in a single trade. I can't believe that any successful trader would keep trading with this broker. They trick you when you start to make money. They sometimes show network problem to lose you money. Their actual spread is high at 3 pips but they claimed that their spread is only 1pip. This is a fraudulent broker.

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