VCP Markets

Vietnam

I've been in this forex market for 7 years and never encountered such an unethical platform. They manipulated my profitable trades causing my account to blow up in order to prevent me from withdrawing my profits, and even lost my principal of 15k. It's been nearly 2 months and they are still deliberately dodging and not refunding my money. I'm posting this here to warn all of you to boycott this platform, check the platform carefully, look at reviews on scam-exposing websites, internet searches, wiki to avoid losing your hard-earned money and tears.

Exposure

07-14

FX3323747238

Vietnam

All Vietnamese trading community, please boycott VCP Markets. Never open an account with this platform, it will only lead to unfair losses. Even if you profit, you cannot withdraw, or they will interfere with your account leading to huge losses. I deposited 15k on 20/5/25 to copytrade from a master account. By 27/5/25, I made a profit of 25k and closed all trades making it 40k. Seeing my huge profits, they interfered with my account, inflating 7 big lot trades of 7.82 per trade, causing my account to crash within 15 minutes. We work hard to invest our hard-earned money to improve our families' lives, yet they shamelessly steal from us. I complained to the platform, but they were unconcerned and even tried to squeeze more money out of me. I will pursue this to the end, and will file a complaint with the Hanoi City Criminal Police Department at 62 Nguyen Van Huyen for investigation.

Exposure

06-17

FX3323747238

Vietnam

Everyone, stay away from the VCP market platform. They are scamming, they manipulate the accounts. On May 20th, I deposited 15k to copy trade from a master, on May 27th my account increased to 40k then they intervened in trades, stuffing 7 big hedging trades making my account burned, now I can't even send a complaint to their mail. I'm really sad, everyone. Don't trust them or you'll end up suffering like me.

Exposure

06-05

FX2991876421

Verified

Vietnam

They've rigged me. Their IBs cost me $1300 in a single day.

Exposure

05-22

FX3618455446

Vietnam

Everyone, it's a scam platform. There's no support in Vietnam, I've requested a withdrawal and have been waiting for days without any progress. They also don't respond to my emails for help.

Exposure

05-21

FX1970610439

Vietnam

Lucky to be introduced to the platform by a friend Fast deposits and withdrawals with low fees

Positive

05-14

Hoàng Dương Trường

Vietnam

dealer ok

Positive

05-14

Hiếu Vũ

Authenticated

Verified

South Korea

The exchange requires additional deposits to verify the owner's account. The exchange locks customers' accounts on its own. If you deposit money into the exchange, your account will be locked the next morning.

Exposure

05-07

Dinh dung

Vietnam

You can trade on this exchange, deposit and withdraw without overnight fees.

Positive

05-02

Công Diễm

Vietnam

fast deposit and withdrawal platform

Positive

04-30

FX1908480012

Vietnam

It's a shoddy scam platform. They promise a lot of bonuses, but in reality, they burn through your money. You can deposit, but can't withdraw.

Exposure

04-30

Công Diễm

Vietnam

Good exchange platform, fast deposit and withdrawal, matched orders

Positive

04-27

FX1048320398

Vietnam

Scam, the platform doesn't allow withdrawals, the introducer causes customer's account to blow up.

Exposure

04-23

FX4020389815

Vietnam

The account was trading but got locked. Unable to withdraw.

Exposure

04-10

Hiếu Vũ

Authenticated

Verified

South Korea

The Customer Service Department has contacted and resolved the account issue for me. I have also been refunded. Currently, I have resumed trading and the deposit and withdrawal process is fast. I was wrong to accuse the platform.

Positive

04-03

HoàngNguyễn3352

Vietnam

I was supported by a friend through this platform, it's also okay, the fees are not too high compared to the current average, deposit and withdrawal are okay

Positive

04-03

Kien Thuc 789

Vietnam

I have played on this exchange before, the deposit and withdrawal are fast, the support is okay

Positive

04-03

Men Afoong

Vietnam

This platform is a scam, I deposited money but cannot withdraw it.

Exposure

03-24

Account

Website

Genealogy

Wiki Q&A

Comment

Account

Environment

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Currency

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Maximum Leverage

1:500
SupportedEA
Minimum Deposit

1,000 USD
Minimum Spread

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Depositing Method

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Withdrawal Method

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Minimum Position

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Commission

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Products

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Products

Updated： 2025-11-03

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Official website

Website

vcpmarkets.com

104.21.40.219

Server Location

United States
ICP registration

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Most visited countries/areas

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Domain Effective Date

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Website

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Company

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Genealogy

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Wiki Q&A

QM Trader

1-2 years

Is VCP Markets safe and legit for me to trade with?

VCP Markets incorporates important safety features, such as segregated client funds, which means your funds are kept separate from the company’s operating capital, reducing the risk of misuse. Additionally, the broker provides negative balance protection, ensuring that traders cannot lose more than their deposit, which is a key risk management feature. However, the "Exceeded" regulatory status may raise questions for some traders about the full extent of regulatory oversight. For example, the NFA's guidelines may not offer the same level of client protection as regulators like the FCA or ASIC. I personally feel more confident when a broker is fully regulated by leading authorities because it typically ensures more robust investor protection. Traders who prioritize the highest level of regulation may need to consider this limitation.

Is VCP Markets a regulated broker?

VCP Markets is registered under the National Futures Association (NFA) and holds a regulated status of "Exceeded." While this means the broker follows certain regulatory frameworks and operates under the NFA’s guidelines, the "Exceeded" status may imply that it has gone beyond some regulatory conditions, possibly providing additional flexibility in how it conducts business. It’s important for traders to recognize that brokers under such status may not have all the same protections as those fully regulated by major financial authorities like the FCA, ASIC, or CySEC. While the NFA registration ensures that VCP Markets operates within the U.S. jurisdiction for futures and commodity trading, traders should still assess whether this regulatory framework offers sufficient protections for their trading needs. I personally recommend reading through the broker’s full terms and conditions to better understand any limitations based on its "Exceeded" status.

How long does VCP Markets take for my withdrawal to be credited?

VCP Markets generally processes withdrawals within a few business days, depending on the payment method chosen. For example, credit card or e-wallet withdrawals are typically processed faster than bank transfers, which can take longer due to the processing time involved. Traders should also be aware that withdrawal times may vary depending on the volume of transactions being processed at any given time. In my experience, brokers with fast withdrawal processes often provide a more reliable service, and VCP Markets seems to fall in line with industry standards in terms of withdrawal speed.

Are there VCP Markets commissions?