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Broker Details
VFM broker is an online trading broker based on MetaTrader4. This is a webtrader but it also has dedicated applications or software for Windows, iOS, and Android. This also has full EA functionality. It also supports all types of orders
VFM brokers offer five types of accounts to their clients. Each of these are titled with interesting names. The account names are Zero Commission account, Raw Spread account, 100% Tradable account, 400x Trading account, and Cashback rebate account. Each of these accounts has a different specialty according to their name.
The Zero commission account starts with just $50 of minimum deposit. There is no commission per lot on this account. The spread in the Zero commission account starts from 1.0 pips.
The Raw spread account also starts with a $50 minimum deposit. But this comes with the commission which is $5 per lot. The spread in this account starts from 0.0 pips which is an ultra-tight spread.
The 100% tradable account comes with a 100% tradable bonus. This account needs a minimum deposit of $100. The spread in this account is higher than the Raw Spread account. The spread on this account starts from 1.5 pips and there is no commission charged per lot.
On the 400x trading account, a minimum of $500 deposit is required. Spread in this account is 1.0 pips and there is also no commission per lot of trading.
The basic requirement of the cashback rebate account is also the same as the 400x trading account along with the spread and leverage.
This broker also provides MAM trading.
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