Victory International Futures Review · 2026

What is Victory International Futures?

Victory International Futures is an Indonesian futures broker operating through PT. Victory International Futures. The business dates to 2004, with its headquarters in Surabaya, Indonesia. Current BAPPEBTI, ICDX, and ICH records point to the same Surabaya entity and address. No separate publicly listed parent company is established in FXSharp's research or the primary records reviewed.

The firm focuses on leveraged retail trading rather than a broad international brokerage network. Its product set covers forex, stock indices, precious metals, oil, commodities, and futures. The broker serves the Indonesian market and excludes certain jurisdictions, including the United States, Canada, Iran, and North Korea. Its current public material centers on MetaTrader 5 and locally regulated futures activity.

Which regulators license Victory International Futures?

BAPPEBTI (Indonesia's Commodity Futures Trading Regulatory Agency) lists PT. Victory International Futures as a futures broker. The public register shows business license 558/BAPPEBTI/SI/XII/2004 and SPA approval 1167/BAPPEBTI/SP/5/2007. The same register remains accessible on September 19, 2026, supporting the current Indonesian registration. BAPPEBTI also publishes several segregated client bank accounts for the firm.

ICDX (Indonesia Commodity and Derivatives Exchange) lists membership 041/SPKB/ICDX/DIR/IX/2010. ICH (Indonesia Clearing House) lists clearing membership 044/SPKK/ICH-VIF/VII/2017. Both records identify the same Surabaya company and BAPPEBTI license. These memberships support exchange and clearing access, but they are not equivalent to FCA, ASIC, or other Tier-1 investor-protection regimes.

What trading platforms does the broker offer?

The trading platform is MetaTrader 5 (MT5), a multi-asset platform for forex and derivatives. The broker's MT5 pages describe desktop, web, iOS, and Android access. MT5 also supports MQL5, the scripting language used for automated strategies and Expert Advisors. A broker-specific MetaQuotes server verification was not established, so the MT server remains unverified.

A demo account is available with virtual funds, according to the broker's platform page. The public material also describes Depth of Market, one-click trading, economic calendars, and technical indicators. These are platform functions rather than guarantees about execution quality. The broker does not list MT4 or cTrader.

Red flags and warning signs

The main verification issue is a mismatch between the broker's website footer and current primary registers. The footer displays BAPPEBTI number 18/BAPPEBTI/PN/4/2008 and a different ICH identifier. Current BAPPEBTI, ICDX, and ICH records instead show the license and membership numbers listed above. Readers checking legal status should rely on the current regulator and exchange registers.

Regulatory breadth is also limited to Indonesia. No FCA, ASIC, CySEC, or comparable Tier-1 authorization is established for this entity. That does not make the Indonesian license invalid. It means protections tied to those other jurisdictions, such as their compensation or ombudsman frameworks, are not part of this account structure.

What is the minimum deposit?

The lowest disclosed opening amount is $1,000 for the Mini account. The Regular account lists a $10,000 opening requirement. Those figures come from the broker's current account-type page and match FXSharp's research. The Mini account uses a 0.1-lot minimum, while the Regular account starts at one lot.

A lot is the standardized trade size used to calculate exposure and transaction costs. The Mini structure reduces the minimum position increment, but not the quoted leverage ratio. Both listed live account types use 1:100 leverage. A margin requirement is the capital reserved to support a leveraged position.

Is the broker on any regulator warning lists?

The September 19, 2026 primary-source scan did not identify a company-level warning that overrides the current BAPPEBTI registration. BAPPEBTI's broker register continues to list PT. Victory International Futures under license 558/BAPPEBTI/SI/XII/2004. The firm's ICDX and ICH memberships also appear in current public member records.

Historical BAPPEBTI notices do show revocations involving individual broker representatives who stopped working for the company. Those notices concern personal representative permits, not the firm's business license. They should not be described as a revocation of PT. Victory International Futures itself. The current company record remains the controlling status check.

What do user complaints say?

No identity-matched, primary-source user complaint aggregate was verified for this review. Anonymous posts and third-party review pages therefore do not establish a reliable complaint rate. The review does not convert isolated allegations into facts about withdrawals, execution, or account handling. Documented complaint evidence requires a regulator notice, court record, or verifiable aggregate tied to the licensed entity.

BAPPEBTI provides a public complaint channel, and the broker publishes its own complaint hotline. Those routes create a formal path for account disputes inside Indonesia. Public availability of a complaint route does not establish the outcome of any individual dispute. No verified aggregate resolution time was found in the primary material reviewed.

How to verify the broker for yourself

License verification starts with the legal entity, not the marketing brand. Search BAPPEBTI for PT. Victory International Futures and confirm license 558/BAPPEBTI/SI/XII/2004. Then compare the address, telephone number, email, and website against the broker's contact page. The current records should resolve to the Surabaya entity shown in this review.

• Confirm the BAPPEBTI business license and SPA approval.
• Confirm ICDX membership number 041/SPKB/ICDX/DIR/IX/2010.
• Confirm ICH membership number 044/SPKK/ICH-VIF/VII/2017.
• Match the legal entity and Surabaya address before funding an account.

How does customer support work?

Customer support is available through telephone, email, WhatsApp, and a published complaint hotline. The contact number is +62 31 9924 8699, and the registered email is victory@vifx.co.id. The broker also points customers to BAPPEBTI's complaint portal. A guaranteed 24-hour response time is not disclosed in the verified material.

The official contact page lists the head office and multiple branch contacts. Support-channel availability does not establish service quality or response speed. No primary-source service-level agreement was found during the scan. For regulatory questions, the legal entity and license number are more reliable identifiers than a social-media account.

Where is the broker actually based?

The registered base is Surabaya, East Java, Indonesia. BAPPEBTI lists Pakuwon Center, Superblok Tunjungan City Office Building, 15th floor, Units 5, 6, and 7. ICDX and ICH publish the same location for the licensed entity. The matching records reduce ambiguity between the trading brand and its regulated company.

The broker's market footprint is primarily Indonesian rather than multi-jurisdictional. Its main market is Indonesia, and no active licensed operations in other countries are established. The website states that services are not offered to residents of several jurisdictions. That restriction is consistent with a locally centered regulatory model.

Account types and bonus terms

The live account range consists of Regular and Mini accounts, plus a demo environment. Regular pricing lists a 3.0-pip spread, the gap between bid and ask prices. The Regular commission is $25 per lot per side. Mini pricing lists the same spread with $2.50 per 0.1 lot per side.

Both live account types disclose 1:100 leverage, meaning a position can exceed the cash margin posted. An Islamic account is not established. No verified bonus program forms part of the account data used for this review. Account conditions should therefore be compared using deposit, spread, commission, and leverage terms.

The feature table consolidates FXSharp's research with current primary-register verification. Missing items are marked as not disclosed rather than inferred. Registration status reflects the September 19, 2026 scan.

Is Victory International Futures safe? Honest assessment

Victory International Futures has a verifiable Indonesian futures-broker license and current ICDX and ICH memberships. Its BAPPEBTI record also lists segregated client bank accounts. The trade-off is narrower regulatory coverage than brokers operating under multiple Tier-1 regimes. The $1,000 entry level and 3.0-pip listed spread also make account costs material to the comparison.

The documentation mismatch on the website footer deserves direct verification before relying on displayed license numbers. Current public registers provide the stronger reference point. The broker's MT5 setup, 1:100 leverage, Regular and Mini accounts, and Indonesian registration are all independently consistent with FXSharp's research. No company-level regulator warning overriding that current registration was verified in the scan.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.