Vipro Markets – Is it scam or safe?
Vipro Markets Ltd is one of the newest Cypriot brokers, established in 2015. It is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). The company is registered with financial supervisors in the UK (FCA), Germany (BaFin), France (ACPR), Italy (CONSOB) and Spain (CNMV). The CySEC license allows it to conduct financial services, including forex.
However, there are some posts in forex forums that inform about negative slippage practices, fake positive reviews and promises for low spreads.
So far, we haven’t received any complaints from clients of ViproMarkets.com.
If you feel frustrated by ViproMarkets.com and have something to share with us, please fill in the form below, describing your case:
Do not deal with his broker! Their slippage is huge and it kills your profit. I was slipped 10 pips during the quiet market so I cannot do scalping. This is unacceptable. Scammers!
Vipro Markets offers low spreads but they are like this in demo accounts only. I opened a real account and the spreads there are horrible. I think the demo account is just to seduce clients. Then the reality comes….
So far, the execution is fast and withdrawals too – I got mine in 2 days maximum. I tried a lot od other brokers and I am happy with the spreads here. I hope the thigs will stay like that.