FXVGI

The WikiFX assessment indicates that FXVGI presents a high-risk profile. The entity holds a very low total score of 1.59 on the WikiFX SkyEye rating system. It is reported to be registered in Australia but lacks credible, verified regulatory oversight for retail forex and CFD trading. The primary regulatory claim associated with ASIC is listed as 'Unverified', meaning it operates without recognized retail client protections. This absence of formal supervision creates a significantly elevated level of risk for traders.

According to WikiFX data, FXVGI is not a regulated broker for retail trading activities. While it is linked to a corporate entity in Australia, its stated 'Inst Forex Execution (STP)' license with the Australian Securities and Investments Commission (ASIC) holds an 'Unverified' status. This means the entity does not possess an active, recognized license authorizing it to offer leveraged trading services to retail clients. It operates as an offshore entity outside established regulatory frameworks.

Specific minimum deposit requirements for standard accounts are not explicitly detailed in its publicly available specifications. User reports referenced in public exposure notes mention an amount of 3000 USD for an account migration scenario, but this does not constitute an official policy. Prospective clients would need to verify current deposit thresholds directly with the entity, as standard trading terms are not clearly disclosed.

Public user feedback suggests FXVGI operates on the MetaTrader platform ecosystem. A specific user exposure report mentions a platform migration from MT4 to MT5, indicating the entity has offered or continues to offer access to these platforms. However, the official availability of MT4 or MT5, along with specific versions and features, is not formally detailed in its primary operational data.