VCP Markets (vcpmarkets.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 66946069118
Addresses: 13 465 Victoria Ave Chatswood NSW 2067; 49/30 Moo 9 Villa Kunalai 3 Road Kanjanapisek; Ground Floor The Sotheby Building Rodney Village Rodney Bay Gros-Islet Saint Lucia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: vcpmarkets.com.
VCP Markets (vcpmarkets.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Demo account available|Intuitive for beginners|High security standards|Multi-currency support
Cons: Live chat only during business hours
I experienced a security concern with my VCP Markets (vcpmarkets.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Regular updates|Demo account available|Wide product range
Cons: None so far
VCP Markets (vcpmarkets.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Fast support response|Market news feed
Cons: Live chat only during business hours
I lost a significant amount because VCP Markets (vcpmarkets.com) 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: Real-time alerts|Portfolio tracking tools|Low minimum deposit|Full transparency
Cons: Onboarding videos are outdated|Email notifications too frequent
I had high hopes for VCP Markets (vcpmarkets.com) from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Risk management tools|Fast execution|Wide product range|Customizable dashboard
Cons: No fractional shares