VCC International Group Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +813 4520 8989, fax +812 6369 3582
Addresses: 5-19-7 Uchi-Kanda Chiyoda-Ku Tokyo Japan 100-0047 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.vccinternational.com.
VCC International Group Ltd advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Good analytical tools|Transparent fees|Good mobile app
Cons: No fractional shares
I lost a significant amount because VCC International Group Ltd did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Intuitive for beginners|Smooth onboarding
Cons: No crypto staking
KYC with VCC International Group Ltd is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Automated trading options|Real-time alerts|Instant funding|Comprehensive tools
Cons: Currency conversion fee exists