Vipro Markets

Dear fellow FF users, guests and traders,

My name is Loukia and I am official representative of VIPRO Markets Ltd. I will be glad to answer your questions but also encourage you to provide any feedback about our services.

About VIPRO Markets
VIPRO Markets Ltd is a full-service FX broker based in Limassol, Cyprus and provides top-class environment for trading Forex, Stock Index CFDs, Precious Metals such as Gold and Silver and WTI Crude Oil. Many of our directors and team members have previous trading experience in FX, Stocks and Commodities and we therefore speak the same language with fellow traders.

Key Benefits for Smart Traders

1. NDD and STP-only ECN broker with no conflict of interest with Clients
2. Floating spreads starting from 0.2 pips
3. Average EUR/USD spread 0.4 pips
4. Average execution speed 300 ms
5. 4 EUR round-trip commission on 1 lot of EUR/USD (ECN account)
6. Flexible leverage up to 1:500
7. Trading servers in London (Equinix)
8. Expert Advisors and Algos allowed on all accounts

Other Benefits

1. No fees on deposits and withdrawals
2. Client funds are strictly segregated and protected by Investor Compensation Fund (ICF)
3. MT4 platform accessible through PC, Mac, iPad/iPhone and Android devices
4. Friendly customer support available in 7 languages

Regulation
We are regulated by Cyprus Securities and Exchange Commission (CySEC) with a CIF license number 278/15. We are also registered with major European financial market regulators such as FCA in the UK, BaFin in Germany, CONSOB in Italy, ACPR in France and CNMV in Spain. More information about our licence and registrations can be found here.

Account Types
We have 3 account types – Classic, ECN Pro and VIP. More than 95% of our Clients are using the ECN Pro account while the largest Clients enjoy the benefits of VIP account with reduced ECN commissions and more personalized attention. Classic accounts are for newbies who prefer to avoid commissions.

Partnership Program for Introducing Brokers (IB)

VIPRO IB program is available to all Clients and interested parties who want to earn additional income by introducing Clients to VIPRO. It is easy to promote our top-class trading services with banners and marketing materials that are available in our Client Area. No initial investment or previous experience is required.
VIPRO is built to serve the most demanding professional traders so they can experience trading the way it should be. As an STP broker we generate revenues from trading commissions which means that we are interested to build long-term relationships with successful traders who value our low average spreads, industry-lowest ECN commissions and ultra-fast execution through our state-of-the-art London trading servers.

Contacts
Should you have any questions please do not hesitate to ask. You may contact us directly through email [email protected] or via phone +357 25247650 during European market hours.

Do you have any connections with Tickmill? Vipro Markets has exactly the same website as Tickmill.

Hello insomniawawa! Thank you for your question. We have a lot of partners worldwide and Tickmill is one of them but I cannot be more specific.
We have a brand new website now www.vipromarkets.com , please have a look and tell us if you like it!

Best regards,

Loukia

Gold spreads are pretty ok. What's your top of the book liquidity? That is how big order the client can on average send without getting slipped. Thanks.

Hi Mitbrad! Thank you for your question! On average the top of the book liquidity is about 15 lots on both sides. Of course this depends a lot on market conditions.

Kind regards,

Loukia

The website is literally identical bar legal documents.

Was***

Thank you, no more questions.

Vipro Markets offers Traders Swap free Account

Due to the increasing demand and the Vipro Markets expansion to new countries we are thrilled to announce that we are now offering Islamic Accounts to our clients.

This new feature can benefit every Muslim client just by opening any account with Vipro Markets (Classic, ECN, VIP) and switching that account to an Islamic type.

Islamic accounts have the exact same trading conditions and terms as our regular trading account types plus a huge benefit for our clients which is that there are no swaps.

Our Client Support team will process your request for an Islamic account status within 1 business day and as soon as your request was completed you will receive an email confirmation.

Contact us on: [email protected]

Kind regards,

Loukia

VIPRO LIVE Spreads Recording - US Jobs Report

Last Friday, August 5, 2016, we recorded our LIVE spreads during the release of the US Jobs Report. Please take a look at the massive moves in EUR/USD, GBP/USD, USD/JPY and Gold following the release of the report.




You can also view our LIVE spreads in real time in MT4 platform:
Login: 888000229
Investor password: HpLk5uQ
Server: ViproMarkets-Live

Kind regards,
Loukia

Loukia, I have been your client couple of months and generally like your service. I was wondering if there is any chance I could get the VIP status not for 50K USD as stated on the website but say for 40K or 35K USD?

Thanks and keep up the good work.

Hi Borowikbo, thank you for your question. We are happy to see you are satisfied with our services! We are always trying to provide the best services to our clients and treat all clients equally.

As you correctly mentioned, the terms and conditions for a VIP account is a total deposit of 50 000 USD/EUR/GBP. However, if you wish for a special offer, kindly send an email at [email protected] and we will discuss your request with management and reply accordingly.


With kind regards,

Loukia

Thank you Loukia. I just got a call from your VP Ryan and I have accepted his proposal.

Dear Borowikbo,

I am glad everything worked our for you. If you need further assistance, please do not hesitate to contact us.

Best regards,

Loukia

VIPRO Markets not only promises low spreads but also deliver it!

Check VIPRO Markets average EUR/USD spread which is 0.3, one of the lowest in the industry.

Start Trading: https://goo.gl/uQHkbZ

Contact us on: [email protected]

Kind regards,

Marilena

I am trading live for approximately three months with you now. Although you "deliver" on spreads and commission, you should start improving your execution quality by stacking up your liquidity.

My scalping strategy, which is performed on parallel on a basket of competitors, performs worst(!) on your account due to the highest average slippage of all accounts.
The best spreads are worthless if the execution is bad. Or is this the price we have to "pay" for the low commission you charge?

Dear Drolph,

We have no other similar reports indicate any issue with our execution speed.

Our execution speed is what makes us stand out from other Brokers in the forex industry.

We will be more than happy to help you resolve any scalping issue at any time of your convenience.

Please feel free to contact us on: [email protected]

Kind regards,

Marilena

Dear Marilena,

thank you for your reply, but please read carefully.

I did not comment on the execution speed, I was reviewing your execution quality. It should not be me who explains the difference to you.
When my pending order gets slipped it is likely due to a lack of liqudity independent of the execution speed. When a price is not available the "next best or available price" will be quoted. That is even specified in your client agreements and normal part of a STP/ECN business model.
Though, you are performing worse than half a dozen brokers executing the identical trades in this regard unfortunately.
It is no assumption, it is an objective fact, as I have got the numbers for long term comparison.

So as long as you do not divide your clients into different pools resulting in different execution quality, the only way of improving the execution is to improve/extend your liquidity provider pool. Contacting the support is no specific help in this case.

Please correct me if I am wrong.

Thank you,
Drolph

Could you tell me what brokers have you tested? What 5 brokers can you recommend when you consider slippage?

Dear Drolph,

Thank you for your reply,

We want to let you know that we never had an issue before with our Liquidity providers and they are among the top-tier credit institutions worldwide.

In order for the issue to be resolved and both parties ( you and us ) to be satisfied we must know some more details like type of instrument that was traded, what time the trade was opened and closed etc.

We would appreciate if you could provide us with these details at [email protected] so we can clarify and resolve the issue.

Kind regards,

Marilena