Victoria Coins (victoria-coins.com) has been flagged by ASIC (Australia) for "Unlicensed". Search IC001 for other entities related to this alert. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: victoria-coins.com.
I signed up with Victoria Coins (victoria-coins.com) after a friend recommended them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Two-factor authentication|Portfolio tracking tools
Cons: Limited social trading features
Do not use Victoria Coins (victoria-coins.com) for anything serious. I used them for close to eighteen months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Good mobile app|Market news feed
Cons: Search feature is basic|No integrated tax optimization
The spread at Victoria Coins (victoria-coins.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.
Pros: Educational resources|Professional team|Easy to use platform
Cons: None so far|Would like more payment methods
I lost a significant amount because Victoria Coins (victoria-coins.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: Customizable dashboard|Low minimum deposit|Responsive team|Regular updates
Cons: Website design could be more modern|Wait times can be long during peak hours
I have been trying to close my account with Victoria Coins (victoria-coins.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Two-factor authentication|Risk management tools|Low minimum deposit|Full transparency
Cons: Limited demo account features
I gave Victoria Coins (victoria-coins.com) a fair chance. After for close to eighteen months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Stable platform|Fast deposits|Multi-currency support|Transparent fees
Cons: Some tools only available on higher tiers
Do not be fooled by the professional-looking website. Behind the scenes, Victoria Coins (victoria-coins.com) is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Customizable dashboard|Copy trading available|Comprehensive tools
Cons: Search feature is basic
I closed a profitable position at Victoria Coins (victoria-coins.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Market news feed|Professional team|Segregated accounts|Full transparency
Cons: Email notifications too frequent
If you are reading this considering Victoria Coins (victoria-coins.com) - run. I wish I had read more negative reviews when my bank disappointed me and I searched for alternatives. I thought the positive ones were real. Maybe some are. My experience over since I opened my account last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Easy withdrawals|Transparent fees|Social trading features
Cons: Inactivity fee applies after 12 months|Spreads widen during volatile periods
I opened an account with Victoria Coins (victoria-coins.com) for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Risk management tools|Tax reports included
Cons: Could offer more webinars