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What drawbacks have you encountered with Victory Securities in terms of their customer service or the reliability of their platform?

Broker Issues
Victory Securities
Regulation
01-30
United States
WikiFX
Reply

In my own experience with Victory Securities, there are a few notable drawbacks around customer service and platform reliability that are important to highlight. First, although Victory Securities offers a range of contact channels, I found the absence of live chat support limiting, especially when immediate clarification was required. While they provide phone numbers and email addresses, response times through these methods can vary, which has occasionally caused delays for me when dealing with pressing issues or time-sensitive trades. From a reliability standpoint, their platforms—particularly VictoryX and their desktop solutions—cover essential functions, but I have noticed that they may not be as streamlined or intuitively designed as some other modern offerings. While functionality is solid, adapting to the interface required an initial learning curve. Additionally, the presence of a "suspicious scope of business" note on their profile made me cautious, prompting extra diligence when engaging with their tools and services. In short, while Victory Securities is a long-established, SFC-regulated broker offering a broad suite of services, I proceed conservatively given the lack of instant support options and the potential for moderate platform complexity. I believe thorough due diligence and tempering expectations regarding service responsiveness are wise when using this broker.

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