VIPGlobal Capital is a forex broker founded in Saint Lucia in 2023. It primarily offers trading services in forex, precious metals, stock indices, and energy to investors. The company is headquartered in the Philippines. You can find their official website at https://www.vipglobalcapital.com/. The website supports the English language. According to Whois information, the domain name for their official website was registered on March 7, 2023. The company does not provide services to residents of Canada, Cuba, Iran, Iraq, North Korea, Sudan, Syria, and the United States, among other regions. Potential competitors for this broker include TradeX, Connext, ACI Markets, Infinitas, CLOVER MARKETS FX, and TP TRADES.
Company Background:
According to publicly available information on their official website, VIPGlobal Capital is registered as VIPGlobal Capital Ltd. Its registered address is 1st Floor, The Southby Building, Rodney Bay, Gros-Islet, Saint Lucia PO Box 838, Castries, Saint Lucia, and its registration number is 00129. The specific office address is Suite 0959 - Level 9, Arthaland Tower, 30th cor 5th & 4th Ave, BGC Taguig, Philippines. It has a related entity called VIPGlobal Capital LLC. The company was founded in 2023, and as of September 12, 2023, it has been in operation for less than a year.
According to Whois information, the domain name for their official website was registered on March 27, 2023.
Trading Software:
The broker offers the MT4 trading platform to users, including both desktop and mobile versions.
Account Types:
VIPGlobal Capital offers three types of accounts for users to choose from.
Regulatory Status:
Upon investigation, it appears that the company's registration with the Saint Lucia International Business Company and International Trust Registry (IFC), as well as the Saint Vincent & the Grenadines Financial Services Authority (SVGFSA), does not provide regulatory oversight, monitoring, supervision, or licensing for companies engaged in forex trading or brokerage activities. In other words, the company operates in an unregulated state.
Summary:
VIPGlobal Capital is a relatively new forex trading website with no regulatory oversight. Investors using this website are at a higher risk of encountering scams. Currently, this company has been marked as "suspected fraud" on Traderknows. Investors should stay away from this platform and promptly withdraw any funds to avoid falling into a scam trap.
