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Vipro Markets is a trademark of the Cyprus investment company Vipro Markets Ltd. STP broker provides fast and secure access to the currency, commodity, precious metals and stock indices markets.
Vipro Markets offers its customers two main types of trading accounts: Classic without any commission and ECN account that requires a $2 fee for every traded $100,000. You can also register a VIP account, which gives great advantages in trading – spreads from 0.0 pips and a smaller commission size. All types of accounts enable floating spreads, leverage up to 1:500 and micro-lots. To open an account, you need to deposit as small as $25. A low deposit is especially beneficial for ECN accounts. The broker does not support swap-free (Islamic) accounts.
The company clients work on the MetaTrader 4 (MT4) platform, which supports trade from a computer, mobile devices and web pages.
MT4 is a popular trading platform that enables a full range of trading tools and resources: an expanded set of charts and market analysis tools (33 analytical resources and 30 built-in technical indicators) that simplify market analysis and provide help from expert advisors.
In addition, Vipro Markets offers its clients VPS hosting service, which allows traders to use automatic algorithmic strategies around the clock.
The broker guarantees order execution speed of 0.3 seconds by having their trade servers hosted in the Equinix LD4 data center in London.
In September 2016, the brokerage company gave their clients access to MAM accounts (Multi-Account Manager). The MAM platform developed by Vipro Markets is based on the MetaFX software.
The broker is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC imposes certain requirements to the licensed companies and controls compliance with established rules, for example, clients’ funds must be kept on separate accounts. The Commission regularly audits brokers’ performance. In addition, CySEC requires that all forex brokers must have at least €730,000 in the account as evidence of their financial stability.
As an additional guarantee of client funds safety, all companies regulated by CySEC register as members of the Investor Compensation Fund that compensates trader’s losses up to EUR 20,000 if a broker fails to meet its obligations.
Vipro Markets is one of the few brokers that does not charge a commission for deposit and withdrawal of funds, giving an opportunity to withdraw all profit for free.
Read reviews of Vipro Markets before you register as a trader with the broker.
Vipromarkets 3/10 (votes 1948)