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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.

Yesterday 14:39
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.

Yesterday 14:39
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.

Yesterday 14:39
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.

Yesterday 16:02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Yesterday 16:02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Yesterday 16:02
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.

Yesterday 16:02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Yesterday 16:02
United States
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