About VICTORY INTERNATIONAL FUTURES
Overview
Victory International Futures is a broker based in Surabaya, Indonesia, with a founding date listed as March 2019 in official records, though company materials occasionally reference a 2004 origin. The firm is positioned as a provider of forex and commodities futures trading services, catering to both retail and institutional clients. Its registered address is at the Pakuwon Center in Surabaya, a commercial hub.
Despite its stated regulatory credentials, publicly available independent information about Victory International Futures is scarce. This lack of transparency is a point of caution for potential traders, as verifying the broker's operational history and current standing is challenging without firsthand accounts or extensive third-party analysis.
Regulation and Safety
Victory International Futures claims regulation from two Indonesian authorities: BAPPEBTI (the Commodity Futures Trading Regulatory Agency) and ICDX (Indonesia Commodity and Derivatives Exchange). These bodies oversee futures and derivatives trading in Indonesia, and a regulated status implies compliance with local capital and reporting requirements. However, the specific license numbers or exact regulatory tier are not detailed in the known facts.
Traders should note that Indonesian regulation is not equivalent to robust jurisdictions like the FCA or ASIC. The scope of investor protection, such as compensation schemes or negative balance protection, may be limited. FXCanary's risk score of 31/100 reflects a guarded outlook, emphasizing the need for careful due diligence before engaging with this broker.
Account Types and Leverage
Two account tiers are offered: Mini and Regular. The Mini account requires a minimum deposit of $1,000, while the Regular account demands $10,000. Both accounts provide a maximum leverage of 1:100, which is moderate compared to offshore brokers that may offer higher ratios. Leverage of 1:100 means traders can control positions worth 100 times their margin, amplifying both potential gains and losses.
The account structure suggests that Victory International Futures targets traders with moderate to significant capital. No information about Islamic (swap-free) accounts or demo account availability is confirmed in the known facts, though company descriptions mention demo support. Potential clients should verify these features directly with the broker.
Trading Platforms and Instruments
The broker supports MetaTrader 5 (MT5), a widely used platform known for its advanced charting, algorithmic trading capabilities, and multi-asset support. MT5 is favored by experienced traders for its depth of analysis tools and execution speed. Victory International Futures does not appear to offer alternative platforms like cTrader or proprietary software.
Regarding tradable instruments, the broker lists forex and commodities futures, but specific currency pairs or commodity contracts are not disclosed. The range of instruments is likely tied to the Indonesian futures market, which may include major pairs and local commodities. Without a detailed instrument list, traders cannot assess whether their preferred markets are available. Account holders should request a full specification before funding.
Funding and Withdrawals
Known facts do not specify deposit methods, currencies accepted, or withdrawal processing times. Indonesian brokers typically offer local bank transfers, and sometimes e-wallets, but this remains unconfirmed. The minimum deposit thresholds of $1,000 and $10,000 are relatively high, suggesting the broker focuses on serious traders rather than small retail participants.
Withdrawal policies are a critical unknown. Traders should inquire about fees, processing times, and any restrictions before committing funds. Without transparent information, there is a risk of unexpected delays or charges. FXCanary recommends contacting support and testing the process with a demo or small live account.
Customer Support and Education
Victory International Futures maintains a presence on Facebook and Instagram, which indicates some social media engagement. However, no other support channels (such as phone, email, or live chat) are listed in the known facts. This limited contact information could hinder timely assistance, especially during technical issues or account queries.
Educational resources are not mentioned. Unlike many modern brokers, there is no indication of webinars, tutorials, or market analysis provided. Traders who rely on broker research and education may find this lacking. The absence of a comprehensive support system is a concern for less experienced participants.
Conclusion
Victory International Futures presents itself as a regulated Indonesian broker with a focus on forex and commodities futures trading. The use of MetaTrader 5 is a positive, but the high deposit requirements, limited public information, and guarded risk score warrant caution. Traders should independently verify regulatory status with BAPPEBTI and ICDX, request full terms and conditions, and consider starting with a demo account.
In summary, this broker may suit Indonesian traders familiar with local regulations and willing to commit significant capital. For international traders or those seeking transparent, low-cost trading, Victory International Futures carries uncertainty that may not be acceptable. FXCanary advises proceeding only after thorough due diligence and risk assessment.
Overview compiled by FXCanary from regulatory records and public data. full VICTORY INTERNATIONAL FUTURES review