Vipro Markets is a global EU regulated online broker, with a prime focus on Forex, Stock Indices, commodities, CFDs and precious metals. We serve both institutional and retail Clients from all over the world, always with a keen passion to offer services of the highest quality level and utmost transparency.
Vipro Markets is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with license number 278/15, and is a Member of the Investor Compensation Fund (ICF).
Solid broker with good spreads on all majors like EUR/USD, GBP/USD, USD/JPY and one of the best spreads on Gold. I trade mostly Gold with Vipro.
Although I have a very small account with them I like that they have EU licence from CySEC:
http://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/74706/
They are also registered with different major European Union regulators like
BaFin – Germany
https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=146511
FCA – United Kingdom
https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000003F7dx8AAB
ACPR – France
https://www.regafi.fr/spip.php?page=results&type=simple&id_secteur=3&lang=en&denomination=vipro+markets
CONSOB – Italy
http://www.consob.it/mainen/documenti/english/intermediaries/albi/COM.html?symblink=/mainen/intermediares/investments_firms/com_lnk.html
CNMV – Spain
http://www.cnmv.es/Portal/Consultas/ESI/ESISExtranjerasLP.aspx?tipo=CLP&numero=4082
I started first with them by opening a 1 million EUR Demo Account with Vipro. It worked good for me so now I am doing some martingale strategy on the gold with them.
Trading with vipro for 2 weeks now with a small ECN account, so far so good
very low spread, fast execution and no major slippage
I even tested their withdrawals with the initial deposit + some profit (around 25%), the money reached my skrill account in 2 hours no question asked.
too bad they dont have islamic accounts which forces me to trade intraday but they promised to add them soon.
This broker is a good choice. I was very happy till today. I had a pending buy order in EURUSD at 1.13412 but it was executed at 1.13493. The difference is 8,1 pips worse. A huge difference incompatible with scalping.
How about the spreads and commissions. Can not everything be perfect in a broker?