Vinson Financials Review

MIN. DEPOSIT $200
Up to 500:1
Loyal client BONUS
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Overview

Company Information Vinson Financials is an online trading platform offering Forex trading services for people from all over the world. The company Vinson Financial Ltd. was created in 2004, but… more

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Details

BrokerVinson Financials
Website URLhttps://www.vinsonfinancials.com/en/
Founded2004
HeadquartersLondon, United Kingdom
Support Number+44 20 3059 4597
Support Emailgeneral@vinsonfinancials.com
Support TypesPhone, E-mail
LanguagesEnglish, Arabic, Urdu, Vietnamese, Chinese, Russian, Farsi, Indonesian
Minimum 1st Deposit$200
Minimum Trade Amount0.1 lots
Maximum Trade Amount100 lots
BonusLoyal client
PayoutUp to 500:1
Free Demo AccountYes
Regulated Yes
RegulationFinancial Conduct Authority (FCA)
Account TypesAdvanced, Classic Trust
Deposit MethodsBank Wire,Visa, MasterCard, Skrill
Withdrawal Methods Bank Wire,Visa, MasterCard, Skrill
Types of AssetsForex, Metals, Indices, Futures, Oil, CFDs
Account CurrencyUSD, EUR
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Vinson Financials is an online trading platform offering Forex trading services for people from all over the world. The company Vinson Financial Ltd. was created in 2004, but they launched their online platform much later in 2012. The company is originally from Cyprus, and their headquarters are located in Limassol. Despite being around for only four years, the company quickly gained popularity and is now amongst the most highly rated brokers in the world. It’s a fully regulated broker register with CySEC. With a relatively small deposit requirement and excellent trading conditions, Vinson Financials quickly became the home of many beginner and expert traders. They strive towards meeting every client’s expectations, and that’s why the offer over 30 of them most popular currency pairs. Tight spreads and trading contents help the company’s ambition to reach the top of the brokerage industry. Let’s see what services and features they have to offer.

 

Trading Information

 

As mentioned Vinson Financials has a relatively low deposit requirement for their smallest accounts. The Classic Pearl account requires a $200 and offers great features. The spreads are fixed, and the EUR/USD spread is two pips. The number of currency pairs offered for this account types is 28. Minimum position size is 0.1 lots. The maximum leverage is set to 1:500. Hedging is available, but scalping and expert advisors are forbidden. Next is the Classic VIP account. It has a higher minimum deposit requirement of $5000 and almost the same trading conditions, with lower spreads of course (1 pip for EUR/USD). The Advanced Diamond account has a minimum deposit requirement of $200 and offers variable spreads. The minimum spread on EUR/USD is 1.2, and the typical spread is 1.5. The minimum position size is 0.1 lots, and maximum leverage is set to 1:200. The number of currency pairs available for this account is much higher (total of 46). The Advanced VIP account is an upgraded version of the Diamond account. It has a higher first deposit requirement of $5000 and also offers variable spreads. They are much lower than the previous option and go from 0.7 pips minimum for EUR/USD to a typical of 0.9. Swap-free accounts are also available for Islamic clients.

 

Trading Platforms

 

The trading platform offered by Vinson Financial is called the Metatrader4 (MT4). If you’re not familiar with this platform, you most probably are a total beginner in the trading world. The platform has been around for over a decade, and it’s very popular in the online trading world. Almost every brokerage offers at least one version of it. It is highly customizable, and you can have over 50 indicators. Automated trading is supported, and you can trade directly from charts. The MT4 is suitable for Windows and Mac computers. It also has a mobile version for Android and Apple smartphones and tablets. Vinson Financials offer an MT4 Multi-terminal where you can trade simultaneously with several accounts. The platform is very secure, and every transaction is encrypted. The company also offers the upgraded version of the MT4 the MT5. It has excellent charting with the possibility of opening 100 charts simultaneously. You can also create your indicators. The use of expert advisors is supported and easy to setup.

 

Security and Customer Services

 

As far as security is concerned Vinson Financial have taken ever measure to protect their clients. There is a secure SSL protocol all over their website which protects your personal data and makes it virtually impossible for hackers to get it. The “Segregated accounts” feature means that your funds are deposited separately in a top tier European bank. Customer support is excellent. You have plenty of methods to contact the company’s representatives. You can call on one of their phone numbers, send an email, or fill out their online form. There is a FAQ section where you can find answers to the most popular questions, or you can try their online chat support. The website is translated into eight languages, and there is customer support in 5 of them. There are a lot of educational materials on their website. You can easily find articles, webinars, news and technical analysis. Even if you don’t understand anything about trading, you become an expert in a couple of hours. Everything about the website is neatly organized, and you can surely find every piece of information you need.

 

Deposits and Withdraws

 

Funding your Vinson Financials account is easy, but there is only one method to do it – Bank Wire. It would’ve been great to see other banking methods like digital wallets or credit cards, but it seems this is the company’s policy for now. The deposit processing times may take from 1-3 business days, and there aren’t any money transfer charges from the broker (however you may have charges from the bank for the transaction). The withdrawal process is easy and requires filling out a withdrawal form. The usual processing time for a withdrawal request is around two business days. However, you must be careful when filling out your personal details and not make a mistake or you’ll just have to go through the whole process again. There haven’t been any reports about withdrawals being withheld without a proper reason. There are only good reviews about the withdrawals.

 

Deposit Bonus and Loyalty Programs
At the time of writing this review, there aren’t any promotions or loyalty programs from Vinson Financials. But there have been recent as there is information about an expired promotion of $100 for every new client. It seems that Vinson Financial does offer promotions regularly, but you’ll have to wait a bit for them. You can also take a look at their partnership promotion. It may help you earn more commissions, increase your trading volume and many other benefits.

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