What supporting documents do I need to provide in order to open a Trading Account?

A colour copy of valid passport or other official identification document issued by authorities (e.g. driver’s license, identity card, etc). The identification document must contain the client’s full name, an issue or expiry date, the client’s place and date of birth or tax identification number and the client’s signature. A recent utility bill (e.g. electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your registered address.

Do I need to upload my documents again if I open a new trading account and my first account was already validated?

No, your new account will be validated automatically, as long as you will use the same personal /contact details as for your previous account.

Can I update my personal information?

If you wish to update your email address, please send an email to support@vfmbrokers.com from your registered email address. If you wish to update your residential address, please send an email to support@vfmbrokers.com from your registered email address and upload the POR (not older than 6 months) confirming that address.

How do I open a live trading account?

Click Create Live Account, fill in the form and upon completion, you will receive an email with your login details that you can use to log in to our secure Members Area. Here you will be able to fund your trading account by clicking the Deposits tab in the main menu.

How do I open a demo trading account?

Click Create Demo Account, fill in the form and upon completion, you will receive an email with your login details that you can use to log in to our secure Members Area.

How long does it take to open a trading account?

If you fill out all details correctly, it takes less than 5 minutes.

How can I start trading?

If you have already opened a trading account, 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 and start trading.

What trading account types do you offer?

We offer the following trading account types: For further details, please click here.

Reporting a Suspicion

Where, for whatever reason, we suspect that a client, or anybody for whom they are acting, may be undertaking (or attempting to undertake) a transaction involving the proceeds of any crime it must be reported as soon as practicably possible and in writing. Internal reports must be made regardless of whether any business was, or is intended to be, actually written.

What is the minimum deposit amount for a trading account?

The minimum amount you can deposit is $50 or equivalent in any other currency.
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