Review summary
VCP Markets Ltd is a forex broker registered in Australia, operating for approximately 1-2 years. It offers two account types: an ECN account with a minimum deposit of $1,000 and leverage up to 1:500, and a Classic account with a minimum deposit of $50 and leverage up to 1:1000. According to WikiFX data, the broker holds no valid forex trading license; its previous Appointed Representative license with the Australian Securities & Investment Commission (ASIC) has been revoked. The entity currently lacks authoritative regulatory oversight, presenting a significant risk. The WikiFX score is 1.28 out of 10, indicating a low overall safety profile. Public exposure from multiple users highlights issues regarding account manipulation and withdrawal difficulties. In light of the absence of credible regulation and the volume of user complaints, traders are advised to exercise extreme caution when considering this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)
FX2991876421
Vietnam
They've rigged me. Their IBs cost me $1300 in a single day.
Exposure
Hiếu Vũ
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
FX3323747238
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
Hiếu Vũ
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
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
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
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
FX1970610439
Vietnam
Lucky to be introduced to the platform by a friend Fast deposits and withdrawals with low fees
Positive
Hoàng Dương Trường
Vietnam
dealer ok
Positive
Dinh dung
Vietnam
You can trade on this exchange, deposit and withdraw without overnight fees.
Positive
Công Diễm
Vietnam
fast deposit and withdrawal platform
Positive
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
Công Diễm
Vietnam
Good exchange platform, fast deposit and withdrawal, matched orders
Positive
FX1048320398
Vietnam
Scam, the platform doesn't allow withdrawals, the introducer causes customer's account to blow up.
Exposure
FX4020389815
Vietnam
The account was trading but got locked. Unable to withdraw.
Exposure
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
Kien Thuc 789
Vietnam
I have played on this exchange before, the deposit and withdrawal are fast, the support is okay
Positive
Men Afoong
Vietnam
This platform is a scam, I deposited money but cannot withdraw it.
Exposure