Profile
VPFX is a multi-asset forex and CFD broker operated by Ventura Prime FX Limited, offering retail and institutional trading services globally. Registered in Mauritius and regulated by the Financial Services Commission (FSC), VPFX provides access to forex, indices, commodities, shares, and cryptocurrencies. This VPFX review evaluates its regulatory standing, execution model, platforms, account types, instruments, and client protection framework.
Regulation and Security
VPFX is licensed by the Financial Services Commission (FSC) of Mauritius under license number GB20025812. While this regulatory regime allows operational flexibility, it lacks the strict investor protections found under Tier-1 authorities such as the UK FCA or ASIC. Clients trading with VPFX should be aware that the FSC does not provide a formal compensation scheme.
The broker states that it maintains segregated client accounts in top-tier banks and adheres to AML and KYC compliance frameworks. SSL encryption and two-factor authentication are also available for added account security.
Execution Model
VPFX operates a hybrid ECN + STP execution model, offering clients access to deep liquidity and direct market pricing. Orders are routed through liquidity providers without dealing desk intervention, supporting transparency and low latency.
The broker advertises no requotes, tight spreads, and institutional-grade execution. Execution speed, slippage, and fill ratios are not independently audited or published, but spreads are competitive on ECN accounts.
Trading Platforms and Tools
VPFX supports the industry-standard MetaTrader 5 (MT5) platform across desktop, web, and mobile interfaces. Features include:
- Multi-asset charting and over 80 technical indicators
- One-click trading and advanced order types
- Expert Advisor (EA) compatibility for automated trading
- Integrated economic calendar and news feed
The broker does not offer proprietary platforms or third-party terminals such as cTrader. FIX API and VPS hosting are available to professional and high-volume clients.
Supported Instruments
VPFX provides CFD trading on over 200 instruments across six asset classes:
- Forex – Majors, minors, and exotics
- Commodities – Gold, oil, silver, and softs
- Indices – S&P 500, DAX 40, NASDAQ 100, FTSE 100
- Shares – US and global stock CFDs
- Cryptocurrencies – BTC/USD, ETH/USD, LTC/USD and more
- Futures – CFD-based futures contracts on energy and indices
All products are offered as derivatives with leverage. Physical stock or crypto trading is not supported.
Account Types and Trading Conditions
VPFX offers four distinct account types to accommodate different trader profiles:
- Standard Account – Commission-free with spreads from 1.5 pips
- Raw ECN Account – Spreads from 0.0 pips, $7 commission per lot
- VIP ECN Account – Lower commission and tighter spreads for large deposits
- Islamic Account – Swap-free option available on request
Trading conditions include:
- Minimum deposit: From $100 (varies by account)
- Leverage: Up to 1:500 (jurisdiction dependent)
- Base currencies: USD, EUR, GBP, AUD
- Order types: Market, limit, stop, trailing stop
Retail and Institutional Features
VPFX caters to both retail and institutional clients with features such as:
- FIX API connectivity for automated trading
- VPS hosting for latency-sensitive strategies
- Dedicated account managers for VIP clients
- IB and White Label partnership programs
The broker also supports PAMM and MAM accounts for money managers and allocators, though these must be requested via support channels.
Client Protection and Transparency
While FSC regulation provides a recognised framework, VPFX does not fall under a formal investor compensation scheme. However, it implements several client protections:
- Segregated accounts with top-tier banks
- Negative balance protection
- SSL-secured transactions
- Transparent pricing with ECN routing
Risk warnings, margin policies, and trading conditions are disclosed in client agreements and legal documents. Execution quality is not independently verified.
Base Currencies, Order Types, and API Access
Account base currencies include USD, EUR, GBP, and AUD. Supported order types on MT5 include:
- Market, limit, and stop orders
- Trailing stops and stop-limit orders
- Good-Till-Cancelled (GTC) and Good-Till-Date (GTD)
FIX API and MT5 Gateway are offered to qualifying clients on request. VPS services are also available for EAs and latency-sensitive traders.
Pros and Cons
- Pros:
- ECN + STP execution with low latency
- MetaTrader 5 support with EAs and indicators
- Access to forex, crypto, indices, and stocks
- Multiple account types for varying strategies
- FIX API and VPS for professional traders
- Cons:
- FSC Mauritius is a mid-tier regulator
- No investor compensation scheme
- Execution metrics not independently audited
- No proprietary or alternative platforms
- Limited transparency on institutional spreads
Frequently Asked Questions
Is VPFX a regulated broker?
Yes. VPFX is regulated by the Financial Services Commission (FSC) of Mauritius under license number GB20025812.
What platforms does VPFX offer?
VPFX supports MetaTrader 5 (MT5) across desktop, mobile, and web. It does not offer MT4 or proprietary platforms.
What is the minimum deposit to open an account?
The minimum deposit starts from $100 for a Standard account. ECN accounts may require higher minimums.
Does VPFX support crypto trading?
Yes. VPFX offers CFD trading on major cryptocurrencies like Bitcoin, Ethereum, and Litecoin against USD.
Can I access VPS and API services?
Yes. VPS hosting and FIX API access are available for professional traders and can be requested through client support.