Company Profile
Company Profile
Review summary
| VINILReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Cayman Islands |
| Regulation | FCA (General registration) |
| Market Instruments | Forex, commodities, options |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | VINIL APP |
| Min Deposit | / |
| Customer Support | Live chat |
VINIL was registered in 2024 in Cayman Islands, which is a broker focusing on the forex, commodity, and option markets. Besides, it is regulated by the Financial Conduct Authority (FCA) in the UK. However, it does not reveal much information about trading details, and customers can be informed of the details after logging in its platform.
Pros and Cons
| Pros | Cons |
| Live chat support | New to the market |
| Not regulated well | |
| Lack of transparency | |
| Limited tradable asset classes | |
| No MT4 or MT5 | |
| Limited channels for customer support |
Is VINIL Legit?
Yes, VINIL is regulated by the Financial Conduct Authority (FCA) in the UK. However, the current status of its domain shows that client transferring is prohibited, which means potential risks may exist. Therefore, customers need to be careful.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Financial Conduct Authority (FCA) | General Registration | UK | Common Business Registration | 15894715 |
What Can I Trade on VINIL?
On VINIL, traders can explore the forex, commodity, and options markets.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Options | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
VINIL uses its own trading platform, which is a mobile APP.
| Trading Platform | Supported | Available Devices | Suitable for |
| VINIL APP | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
FX6973979692
United States
I deposited a $150,000 USD and was not able to Withdraw anything! They would not give me any information so I could start the withdrawal process. I was told to deposit an additional $48,501.82 so I could get my money. I tried to go to website it is No longer available. This has completely destroyed me financially! money.
Exposure
FX8949523912
United States
This Company has stolen $12,000 USDT by freezing the account. They will only unfreeze if yiu send them the same amount you are trying to withdraw in cash or equivilent. This is a fraudulent website....business etc. Do not send any assets to this platform for crypto trading. They are under investigation by the Grand Cayman Islands Police Dept. Fraud division.
Exposure
FX2894567676
Singapore
The platform works great! The withdrawal speed is similar to the platform I usually use. The page is also very smooth. The main reason is that the customer service staff will patiently answer all your questions at any time.
Positive
Erik Bakker
Australia
The mobile app works. Some minor bugs, but generally stable.
Neutral