Trading VPS Forex Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

VPS Trading Conditions

Registered Region Vietnam

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email hotrokhachhang@vps.com.vn

Contact Number +842473080188

Website www.vps.com.vn

Balanced Review

Pros & Cons

Pros

Offers a diverse selection of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
Accessible account types catering to different trader profiles from beginners to professionals
Robust trading platforms: MT4/MT5, web version, and mobile app support
Flexible deposit and withdrawal options with various payment methods
24/5 customer support availability through multiple channels

Cons

Not regulated by any recognized financial authority
Lack of investor protection measures for traders
Potential difficulties in fund recovery during disputes
Limited customer support details available
No specified educational resources for trader development

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	VPS	VNDIRECT	SSI	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Vietnam	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does VPS Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Accessible trading options and educational resources	Suitable for small-capital practice
Professional Account	Experienced traders	Advanced trading tools and higher leverage	Requires trading volume qualifications
Corporate Account	Corporate clients	Custom solutions and dedicated support	Requires corporate documentation
Islamic Account	Traders seeking compliance with Sharia law	Swap-free trading options	Eligibility based on religious guidelines
Demo Account	New traders	Practice trading in a risk-free environment	Ideal for testing strategies before live trading

Account Opening Process

To open an account with VPS Securities, prospective clients need to follow these steps: First, submit personal information, including name, address, and contact details. Next, provide employment and financial information to assess trading suitability. Identity verification is required, which includes submitting an ID and proof of address. Once the account is opened, there is flexibility to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$X per lot	Tight spreads for popular pairs
CFDs (Stocks, Indices, Commodities)	Varies	$X per lot	Competitive pricing on various assets
Cryptocurrencies	Varies	$X per lot	Dynamic pricing based on market conditions

Other Fees

Additional fees may apply when trading with VPS Securities. These include potential deposit and withdrawal fees, inactivity fees if accounts remain dormant, and any applicable platform usage fees. Overnight interest (swap rates) may also be charged for positions held overnight, and currency conversion fees could apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

VPS User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Nguyen Tran

Hanoi, Vietnam

★ ★ ★ ★ ★

I’ve been trading with VPS Securities for a year now, and I appreciate the diverse selection of trading instruments. The MT4/MT5 platforms are user-friendly and reliable, making my trading experience enjoyable. Withdrawals have been smooth, but I wish the customer support was a bit more responsive during peak times.

Mai Le

Ho Chi Minh City, Vietnam

★ ★ ★ ★ ★

VPS Securities has been a great broker for me. The competitive spreads on Forex trading are excellent, and I find their platform to be fast and efficient. Customer support has always been helpful whenever I had inquiries. Overall, I’m very satisfied with their services.

Hoang Vu

Da Nang, Vietnam

★ ★ ★ ★ ★

I faced issues with my withdrawals which took longer than expected. Additionally, I found the customer support lacking in providing timely solutions to my problems. I appreciate their trading platform, but the unregulated status makes me hesitant to continue trading with them.

An Pham

Nha Trang, Vietnam

★ ★ ★ ★ ★

My experience with VPS Securities has been very disappointing. I struggled to get my funds withdrawn, and when I contacted support, I received vague responses. The lack of regulation is a significant concern for me, and I regret choosing this broker.

Vietnam Market