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VPE review

VPE


On-line since: 2008
Country of origin: Germany
Regulation: BaFin
Payment options: bank wire transfer
Minimum account size: $5,000
Minimum lot size: 0.04 lot
Leverage: up to 1:100
Spreads: floating

About company:

VPE is an investment bank that renders financial services. The company operates all over the world in various economic spheres. VPE deals with private and investment banking, asset management, and global banking transactions.

About the company. Security of funds

VPE was founded in April 1989. In October 1998, it was reorganized into its current state with branches and divisions. The headquarters are located in Munich.

In 2006, the company joined the US National Futures Association (NFA). Two years later VPE obtained a license which enables it to carry out transactions with securities.

VPE is regulated by BaFin, FINRA, and the SEC.

These regulatory bodies exert harsh control over services provided by brokers. It often conducts unannounced audits. Besides, the Federal Financial Supervisory Authority (BaFin) is the only agency that is eligible to issue brokerage licenses in Germany.  This system of strict regulation prevents brokers from performing fraudulent actions. Thanks to it traders can be sure that their funds are kept safe.

Trading conditions

Clients of VPE have access to all trading floors all over the world. 65 currency pairs, CFDs, futures and options are available for trading.

Traders can choose from the following trading platforms: Clear Pro, Clear Web, CFH Mobile, and MT4.

Minimum deposit

The minimum deposit at VPE is $5,000. This is quite high threshold comparing to other brokers. Thus, the company makes it clear that it is ready to cooperate with professional traders only. Such a big minimum deposit cuts down opportunities for most traders.

Leverage

VPE offers leverage of 1:10, 1:50, 1:100, 1:200 and 1:500. With the minimum deposit being so high, one should take into account the size of the leverage.

Spreads

VPE charges spreads from 0.1 pip to 2 pips on average.

Client support service

The client support service is ready to assist from 9 a.m. to 5 p.m. on working days. Clients can ask their questions through email, phone, fax or online form on the website. A live chat is not available.

The company’s website contains a calendar with the dates of the upcoming annual general meetings and annual financial statements. The information about the previous meetings is also at free access.

Payment methods

Clients of VPE can deposit funds in EUR and USD. Only bank wire transfer can be used for that purpose.

Advantages:

  •  access to all trading instruments on various trading floors;
  • the broker’s activity is regulated;
  • a wide choice of trading platforms.

Disadvantages:

  • high minimum deposit;
  • slippages can occur;
  • no demo accounts.

VPE 2/10 (votes 2192)
Author of VPE: Harrington | Date 2023-12-13
I say VPE has many good things that I would like to tell others. I opened a live account and deposited money easily with VPEbroker. I funded a live price and I can open a position instantly. They have no slippage, high spread too, and VPE process withdrawal in a day. So I am impressed!
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Author of VPE: FxRuddy | Date 2022-09-07
The minimum deposit is unfordable also my friend has been trading with VPE and he said VPE's platform has a lot of issues, like slow order execution or hang issues. Also, the requote and so my order often slipped 5 to 20 pips and can't close my position on the actual position in several trading. After I heard that kind of experience, I'm thinking not to open an account with this broker.
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Author of VPE: FxRezhwan | Date 2021-12-21
I am profitable with vPE broker by the scalping strategy. As the spread is fixed and the MT4 platform has a perfect execution. Also, they provided a reliable payment service through Skrill in the market. Their technical analysis or signal make my trading strategies more profitable too. So I've prefered vPE broker for the professional service.
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Author of VPE: Shakya | Date 2021-09-23
The starting capital of VPE is too high. I don't think this broker is suitable for beginners. It is too risky to invest a very huge amount of money when you are not even certain that the broker would be able to provide excellent trading services.
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Author of VPE: Wiyoko | Date 2021-08-18
I have been trading with VPE for few months. And I can say that it's only wasting time trading with them because their system down too often and it takes time to fix even more than 10 minutes, and of course, that situation really gave me a chance to lose my money. Once I made a withdrawal request, they processed it within 2 weeks. That much delays they gave and made me wait with no money. It's really wasting my time. I decided to close my account and stop using this broker for my trading.
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Author of VPE: Neioli | Date 2020-11-18
I am trading VPE since April I am absolutely satisfied with their trading environment. I have found their executions is extremely fast and their Clear Pro is powerful although it needs time in which to get used to it. At the beginning I was trade only currency pair and now I am trading on CFDs specially in Gold. Every month I earned profit around 800$-900$ from my initials deposit of $5000 so that good enough for me. Most notably, my withdrawal usually takes one day through wire transfer. They got my recommendation an 5 stars.
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Author of VPE: Phelmie | Date 2020-09-15
I had an account at vPE before but I already closed it. I did not like my trading experience. The platform frequently crashed and it has greatly affected my trading activities. On top of that, the withdrawal of funds take too long. Even when I already closed my account, months have passed before the broker released my money. Well, I am still thankful that they still released it.
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