VPE

About company:

 

VPE is an investment bank and financial services provider. The company operates around the world in various economic and financial markets. The firm consists of the following business units: Banking, Wealth Management, Asset Management and Global Banking.

 

About company. Fund security

VPE was founded in April 1989 and transformed into its current form with existing structures and divisions in October 1998. The headquarters is located in Munich.

 

In 2006, the company joined the members of the National Futures Association (NFA, USA). Two years later, the company was issued a license that permits operations with securities.

 

The company is regulated by the following financial market controllers: BaFin, FINRA, SEC.

 

All of the listed financial market regulators are distinguished by strict control over the quality of services provided by brokers. They regularly conduct unscheduled audits of company accounts. In addition, in Germany, only the Federal Financial Supervision Authority (BaFin) issues licenses for financial activities. Such a system of strict control does not allow Forex brokers to hide any facts or violations in relation to clients. Thanks to this, traders can count on the safety of funds and support from the regulator.

 

Trading conditions

Traders are provided with access to all financial centers around the world. The following financial instruments are presented: 65 currency pairs, CFDs, futures, options.

 

Traders can choose from the following trading platforms: Clear Pro, Clear Web, CFH Mobile, MT4.

 

Minimum deposit

Traders can enter into transactions with a deposit of $ 5,000. This is a fairly high deposit in the industry. Thus, the company shows that it is ready to cooperate only with professional traders. A high minimum deposit significantly reduces the trading opportunities for many traders.

 

Leverage

The broker provides the following leverage sizes: 1:10, 1:50, 1: 100, 1: 200 and 1: 500. With such a high minimum deposit, you should pay special attention to the size of the leverage.

 

Size of spreads

Broker spreads start at 0.1 pips and average 2 pips.

 

Support service

Open from 9:00 to 17:00 from Monday to Friday. You can ask a question by e-mail, phone and fax, as well as by filling out the feedback form. There is no live chat.

 

On the website, traders can find a calendar with the dates when the company holds its AGM and presents its annual accounts. All materials for previous years are also freely available.

 

Ways of payment

Money can be deposited in EUR and USD. Money can only be transferred via bank transfer.

 

Pros:

 

access to all financial instruments on various exchanges; regulated broker; a wide range of trading platforms.

 

Minuses:

 

high minimum deposit; slippage possible; lack of a demo account.