Vinson Financials Review 2020

Vinson Financials Rated 3/5
Vinson Financials have a low rating. We recommend you look at one of their alternative brokers.
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Vinson Financials Guide

Vinson Financials are an online broker founded in 2004 offering Forex trading.

Vinson Financials are a global broker and have multiple offices around the world including a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Vinson Financials we break down the pros and cons. What Vinson Financials are able to offer, what countries Vinson Financials are available in. Who Vinson Financials are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Vinson Financials

  • Regulated by: Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
  • Headquarters Country : Cyprus
  • Foundation year 2004
  • Min Deposit : 200
  • Used by over 10,000 traders
  • Vinson Financials is not available in the following countries :
Open Vinson Financials's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Vinson Financials

With this review we hope to help you see if Vinson Financials is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Vinson Financials that will help you get off to a good start in the world of online trading.

Vinson Financials Review Table of Contents

Vinson Financials what you should know

Vinson Financials offer one way to trade: Forex.

With Vinson Financials you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with Vinson Financials platform.

Vinson Financials are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Vinson Financials safe?

When choosing a broker like Vinson Financials the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2004, and in operation for 15 years Vinson Financials have a head office in Cyprus.

Vinson Financials is regulated. This means Vinson Financials are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Vinson Financials, this will be honored. If Vinson Financials violate any regulatory rules their regulated status could be stripped.

Any payments funded to Vinson Financials accounts by traders are held in a segregated bank account.

For added security Vinson Financials use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Vinson Financials. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Vinson Financials

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker Vinson XTB Pepperstone eToro
Year Established 2004 2002 2010 2006
Head Office Cyprus Poland Australia Cyprus, UK
Regulation Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ 250,000+ 10,000+ 10,000+
Negative balance protection Yes Yes No
Guaranteed Stop Loss Yes No No
Learn More Visit Vinson Financials Visit XTB Visit Pepperstone Visit eToro
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Vinson Financials Pros and Cons

What we like about Vinson Financials

  • Used by over 10,000 traders
  • Established in 2004
  • Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
  • Min. deposit from $200

What we don't like about Vinson Financials

Vinson Financials Financial Regulation and Supervision in more detail

We have checked and Vinson Financials is regulated and supervised by reputable organisations. You are able to check every Vinson Financials supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Vinson Financials. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Vinson Financials traders and provide a safe trading environment.

Vinson Financials is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Vinson Financials you should be sure they're legitimate online agent.

Vinson Financials General Fees

  • Vinson Financials withdrawal fees varies on payment method
  • Vinson Financials does charge inactivity fees
  • Vinson Financials does charge deposit fees
Broker Vinson XTB Pepperstone eToro
Min Deposit 200 0 200 200
Withdrawl Fees Yes varies No Yes
Inactivity Fees Yes No Yes Yes
Deposit Fees Varies No No No
CFD Commission Fees $15 for 1 lot on indices Yes Yes No

Vinson Financials Commissions

  • Vinson Financials does charge commission on CFD shares.

What can you trade with Vinson Financials?

You can trade a wide variety of instruments with Vinson Financials over 100 instruments infact.

If you are looking at trading currency pairs Vinson Financials offer over 15 currency pairs.

Compare Vinson Financials with XTB and Pepperstone below.

Losses can exceed deposits

Broker Vinson XTB Pepperstone eToro
Instruments Available 100 1,500 100 100
Platforms MT4, MT5, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Vinson Financials Visit XTB Visit Pepperstone Visit eToro
Forex pairs offered 15 50 70 50
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Vinson Financials Visit XTB Visit Pepperstone Visit eToro
Commodities Offered 0 21 16 0
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs Visit Vinson Financials Visit XTB Visit Pepperstone Visit eToro
Stocks Offered 1696 60 957
UK Shares No Yes No Yes
US Shares No Yes No Yes
German Shares Yes Yes Yes Yes
Japanese Shares No Yes No Yes

Trading on Vinson Financials web platforms and other applications

Vinson Financials is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

Vinson Financials also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Vinson's platforms

Vinson Financials Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Vinson Financials Trading Accounts Offered :

  • Mini account
  • Standard account
  • Islamic account

Can I try Vinson Financials before I buy?

Vinson Financials offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do Vinson Financials accept?

Vinson Financials offer the below funding payment methods. learn more about Vinson Financials

  • Credit cards
  • Bank Transfer
Broker Vinson XTB Pepperstone eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes Yes
Neteller No Yes Yes Yes

How can I start trading with Vinson Financials?

When opening a trading account with Vinson Financials, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Vinson Financials trading platforms here.

Performing trades with Vinson Financials

Vinson Financials allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. Vinson Financials allow you to execute a maxium trade of 100 lot. As Vinson Financials offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Vinson Financials

To trade effectively with Vinson Financials, it's important to get a have a good understanding of the XTB trading tools and the markets.

Vinson Financials offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Vinson Financials.

Take time to look around the Vinson Financials platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Vinson Financials

Vinson Financials support a limited number including

Vinson Financials have a double AA grade support rating because Vinson Financials offer live chat and email support and less than three languages.

Livechat Support at Vinson Financials

Vinson Financials does not offer LiveChat Support.

Email Support at Vinson Financials

We sent several emails to Vinson Financials and answer times overall were excellent. The fastest response from Vinson Financials was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with Vinson Financials, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Vinson Financials.

Phone Support at Vinson Financials

We called Vinson Financials and the call was answered very quickly. The call was answered in less than 5 minutes.

The Vinson Financials phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Vinson Financials team by calling in varying languages. Vinson Financials made an effort to make sure our queries were answered.

Overall great phone support from Vinson Financials.

See how Vinson Financials Support Compares Against Other Brokers

Broker Vinson XTB Pepperstone eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, German, Spanish, French, and Italian
Learn More Visit Vinson Financials Visit XTB Visit Pepperstone Visit eToro
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

What you will need to open an account with Vinson Financials

As Vinson Financials is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Vinson Financials's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Vinson Financials you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.vinsonfinancials.com on 12th August 2018.

Vinson Financials Bottom Line

  • Vinson Financials have a good track record of offering Forex.
  • Vinson Financials has a history of over 14 years.
  • Vinson Financials has a reasonable sized client support call center of at least 10.
  • Vinson Financials are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). This means Vinson Financials fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Vinson Financials have regulation from a Tier 1 reputable country.
  • Vinson Financials has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Vinson Financials have an international presence in multiple countries. This includes local Vinson Financials seminars and training.
  • Vinson Financials are able to hire people from various locations in the world who can better communicate in your local language.

Vinson Financials Risk Disclaimer

Losses can exceed deposits

Vinson Financials not quite right?

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VINSON FINANCIALS Frequently Asked Questions

Can I try Vinson Financials before I buy?

Vinson Financials do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Vinson Financials accept?

Vinson Financials offer the following funding payment methods accept Credit cards, Bank Transfers, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with Vinson Financials?

When opening a trading account with Vinson Financials, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Vinson Financials trading platforms here.

Is my money safe with Vinson Financials?

Vinson Financials is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). One of the most important criteria for traders when choosing a broker like Vinson Financials is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Vinson Financials, this will be honored. If they violate any regulatory rules their regulated status can be stripped.