Forex Brokers

VIBHS

Established in 2013, VIBHS is a London-based brokerage, authorised and regulated by the UK Financial Conduct Authority.

Established in 2013, VIBHS is a London-based brokerage, authorised and regulated by the UK Financial Conduct Authority (“FCA”) (FRN: 613381). VIBHS provides foreign exchange, CFD trading and related services to retail and professional clients around the world.

Financial Instruments

The assets that can be traded on the VIBHS platform are foreign exchange currency pairs, indices, commodities and stock CFDs.

Account Type

VIBHS appears to only offer customers one type of account, the Standard Account, with a minimum deposit of $200. This minimum account opening amount is more in line with industry standards.

Leverage

According to EMSA, the maximum leverage is limited between 30:1 and 2:1, 30:1 for major currency pairs; 20:1 for non-major currency pairs, gold and major indices, except gold and non-major stocks The leverage of commodities outside the index is 10:1, and the leverage of individual stocks is 1:5.

Spread&Commission

The spread of VIBHS is variable. At the time of the test, the EUR/USD spread was around 1 pip, during the early European hours - probably the most liquid time of the day.

Trading Platform

VIBHS provides its clients with the industry standard MetaTrader 4 (MT4) platform. The broker offers platforms in desktop, web and mobile versions. The platform has been in use for over 10 years and has proven to be a reliable platform with many features such as expert advisors, which allow full automation of trading, and indicators for technical analysis. MT4 also offers advanced charting tools and an extensive backtesting environment. In addition to MT4, multi-account is also a good option.

Withdrawals

VIBHS offers a variety of payment methods including bank transfers, credit/debit cards and e-wallets such as China UnionPay, Dinpay and Quaife. VIBHS Financial typically processes deposits within 2 to 24 hours and withdrawals within 24 hours of receiving a valid request.

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