# VPFX — MetaTrader5 Labuan, Malaysia research scope · Ventura Prime FX Limited. Documentation reviewed. Reference page: /demo-accounts/vpfx-mt5-lab.html Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance. ## Research checked 2026-10-12 ## Testing status Not tested ## Recorded virtual amount Requires Verification ## Recorded currency Requires Verification ## Virtual funds Not recorded ## Balance qualifications Not stated in reviewed official pages. ## Expiry category unknown ## Expiry rule Not established ## Expiry qualifications Not stated in reviewed official pages. ## Evidence category Documentation reviewed ## Signup requirements Official Open Demo/Try Demo links; linked client portal could not be read with web tool. Personal-data requirements, identity check and any live-account requirement not verified. Forex page describes practice without real capital. ## Notes and remaining checks Obtain demo terms and readable signup fields; independently reconcile MB/20/0046 to regulator licence record; confirm residence-specific onboarding and demo server. Directory listing verifies local licence category, not every marketing claim. ## Record ID vpfx-mt5-lab ## Broker VPFX ## Legal entity Ventura Prime FX Limited ## Research region codes - LAB ## Research region code LAB ## Research region Labuan, Malaysia ## Research scope Malaysia — Labuan (international financial centre; not Malaysian domestic retail authorisation) ## Platform code mt5 ## Platform MetaTrader5 ## Documented terms Demo is explicitly described for Forex strategy/indicator practice. Funds, duration, reset, simulation/execution differences and exact demo instruments not stated. UAE VPFX Financial Services LLC is described as introducing/promotional only; trading is with Ventura Prime FX Limited in Labuan. ## Eligibility and regional limits Broker excludes US, EU, North Korea, Afghanistan, Iran, Iraq, Syria and Yemen, with additional local-law restrictions. LFSA says Labuan money brokers cannot deal with Malaysian residents other than authorised dealers; no claim that Malaysian retail residents qualify. Demo-specific exception not verified. ## What the evidence establishes Official broker documentation; see scope and remaining checks. Signup and trading not tested. ## Supporting sources - [LFSA — Financial Institutions Directory, Money Brokers]() — source ID: vpfx-1 - [LFSA official directory public data — Ventura search]() — source ID: vpfx-2 - [VPFX — Forex Trading]() — source ID: vpfx-3 - [VPFX — official home and legal footer]() — source ID: vpfx-4 - [LFSA — Money Broking]() — source ID: vpfx-5 - [LFSA — Business restriction on Labuan licensed entities]() — source ID: vpfx-6 ## Official information source [VPFX — Forex Trading]() ## Entity and regulatory research ### Evidence status Current exact-entity LFSA Money Brokers listing verified through official directory's public data feed; directory file updated9September2026. Forex demo explicitly advertised by same entity. Not found in reviewed LFSA business-restriction list (dated8June2026); absence does not prove absence of all enforcement. ### Legal entity Ventura Prime FX Limited ### Regulator Labuan Financial Services Authority (LFSA) ### Finding ### Scope Broker excludes US, EU, North Korea, Afghanistan, Iran, Iraq, Syria and Yemen, with additional local-law restrictions. LFSA says Labuan money brokers cannot deal with Malaysian residents other than authorised dealers; no claim that Malaysian retail residents qualify. Demo-specific exception not verified. ### Supporting sources - [LFSA — Financial Institutions Directory, Money Brokers]() — source ID: vpfx-reg-1 - [LFSA official directory public data — Ventura search]() — source ID: vpfx-reg-2 - [VPFX — Forex Trading]() — source ID: vpfx-reg-3 - [VPFX — official home and legal footer]() — source ID: vpfx-reg-4 - [LFSA — Money Broking]() — source ID: vpfx-reg-5 - [LFSA — Business restriction on Labuan licensed entities]() — source ID: vpfx-reg-6 ## Official entry route ### Route type instructions ### Notes and remaining checks Official instructions mix live and demo requirements; demo-specific KYC/funding and the downstream portal Requires Verification. This information page is not a verified demo-registration form. ### Evidence status Requires Verification ### URL https://www.vpfx.net/Forex-trading/ ### Route source https://www.vpfx.net/Forex-trading/ ### Research checked 2026-10-15 ### Testing status Not tested ### Action label Read signup instructions ## Execution and demo realism ### Scope Ventura Prime FX Limited · Labuan MT5 CFDs; UAE introducer excluded. Contract capacity is not a regulatory-permission conclusion. ### Testing status Not tested ### Contractual role #### Finding Mixed #### Evidence status Documented #### Notes and remaining checks Current-linked Terms section 4(c) allows either own-account principal or agent. This contractual wording needs reconciliation with the regulator's money-broking scope; it does not prove either role on every trade. #### Supporting sources - [Ventura Prime FX Limited Terms of Business]() — source ID: ex-c-vpfx-contract #### Research checked 2026-10-13 ### Execution arrangement #### Finding Own venue or third-party venue #### Evidence status Broker-reported #### Notes and remaining checks Section 4(c) pairs principal dealing with VPFX as venue and agency with a third-party venue; section 37 describes possible offsets. Actual selection by order remains unspecified. #### Supporting sources - [Ventura Prime FX Limited Terms of Business]() — source ID: ex-c-vpfx-contract #### Research checked 2026-10-13 ### Demo realism #### Finding Requires Verification #### Evidence status Requires Verification #### Notes and remaining checks The homepage advertises MT5 demo but the reviewed Terms and homepage do not specify demo slippage, rejection, liquidity or charges. #### Supporting sources - [Ventura Prime FX Limited Terms of Business]() — source ID: ex-c-vpfx-contract - [VPFX official homepage]() — source ID: ex-c-vpfx-home #### Research checked 2026-10-13 ### Research review #### Research checked 2026-10-13 #### Review outcome Role: Mixed; Arrangement: Own venue or third-party venue; Demo: Requires Verification. Official documentation review only; no account or order tests. #### Remaining checks - Reconcile the principal-or-agent contract clause with the exact licensed money-broker scope and establish actual product execution. - Obtain MT5 demo/live execution details. ## Demo markets ### Scope Ventura Prime FX Limited · Labuan, Malaysia · MetaTrader5. Market coverage not yet reviewed. ### Testing status Not tested ### Forex CFDs #### Evidence status Requires Verification #### Notes and remaining checks Forex CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ### Cryptocurrency CFDs #### Evidence status Requires Verification #### Notes and remaining checks Cryptocurrency CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ## API access ### Evidence status Requires Verification ### Type Requires Verification ### Access route Not established for this offering ### Notes and remaining checks API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable. ### Requirements Confirm the account, platform and regional requirements with the broker. ### Supporting sources No supporting source recorded for this field. ### Official documentation No supporting source recorded for this field. ### Research checked Requires Verification ### Testing status Not tested ## Launch qualifications reviewed 2026-10-15 ## Official sources ### Ventura Prime FX Limited Terms of Business Source ID: ex-c-vpfx-contract https://www.vpfx.net/wp-content/uploads/2025/10/VPFX_Terms-of-business.pdf #### Source owner Broker #### Research checked 2026-10-13 #### Source locator Sections 1(a)-(d), 4(c), 37(a)-(b) #### Source access note Current official homepage Client Agreement link; PDF opened and read. ### VPFX official homepage Source ID: ex-c-vpfx-home https://www.vpfx.net/ #### Source owner Broker #### Research checked 2026-10-13 #### Source locator MT5 demo link and execution marketing; Ventura Prime FX Limited footer #### Source access note Official page/PDF opened and read; no account opened or trading tested. ### LFSA — Financial Institutions Directory, Money Brokers Source ID: vpfx-1 https://www.labuanfsa.gov.my/financial-institutions-directory?f=6937a2e70f6995c77d871d37 #### Source owner Regulator: LFSA #### Evidence category Exact Ventura Prime FX Limited in Money Brokers file; Labuan address. Current directory feed metadata says file updated9September2026. #### Source access note Official page is JavaScript-rendered. Read ordinary public data endpoints found in its HTML; saved research/labuan-directory.html and research/labuan-Ventura.json. File metadata Active denotes file status, not individual broker-status label. ### LFSA official directory public data — Ventura search Source ID: vpfx-2 https://api-v5.xtopia.io/clients/717d5286-17f8-4620-b852-83ca4ffcc30c/public/excel/records/search?fileId=6937a2e70f6995c77d871d37&name=Ventura #### Source owner Regulator-published data served by LFSA website provider #### Evidence category Name Ventura Prime FX Limited; fileName Money Brokers; SuiteNo22 Skyward Business Centre, Brumby House, Jalan Bahasa, Labuan. No licence number field populated. #### Source access note Public read-only endpoint discovered in official LFSA directory implementation, not a broker/third-party directory. ### VPFX — Forex Trading Source ID: vpfx-3 https://www.vpfx.net/forex-trading/ #### Source owner Broker #### Evidence category MT5 Forex page explicitly offers demo accounts for Forex strategy and indicator practice without real capital. #### Source access note Opened official page; no signup performed. ### VPFX — official home and legal footer Source ID: vpfx-4 https://www.vpfx.net/ #### Source owner Broker #### Evidence category MT5 desktop/mobile, demo links, Ventura Prime FX Limited and claimed MB/20/0046; UAE affiliate only introducing/promotional; geographic exclusions. #### Source access note Opened official page; client-portal demo link was not readable through web tool. ### LFSA — Money Broking Source ID: vpfx-5 https://www.labuanfsa.gov.my/areas-of-business/financial-services/money-broking #### Source owner Regulator: LFSA #### Evidence category Money brokers act as intermediary, not principal; foreign-currency business; prohibited from dealing with Malaysian residents except authorised dealers. #### Source access note Opened official regulator page. ### LFSA — Business restriction on Labuan licensed entities Source ID: vpfx-6 https://www.labuanfsa.gov.my/regulations/enforcement-actions/business-restriction-on-labuan-licensed-entities #### Source owner Regulator: LFSA #### Evidence category Reviewed list dated8June2026; Ventura Prime FX not among listed restricted entities. #### Source access note Opened official .gov.my page. Limited negative screen only; not comprehensive regulatory clearance. ### LFSA — Financial Institutions Directory, Money Brokers Source ID: vpfx-reg-1 https://www.labuanfsa.gov.my/financial-institutions-directory?f=6937a2e70f6995c77d871d37 #### Source owner Regulator: LFSA #### Evidence category Exact Ventura Prime FX Limited in Money Brokers file; Labuan address. Current directory feed metadata says file updated9September2026. #### Source access note Official page is JavaScript-rendered. Read ordinary public data endpoints found in its HTML; saved research/labuan-directory.html and research/labuan-Ventura.json. File metadata Active denotes file status, not individual broker-status label. ### LFSA official directory public data — Ventura search Source ID: vpfx-reg-2 https://api-v5.xtopia.io/clients/717d5286-17f8-4620-b852-83ca4ffcc30c/public/excel/records/search?fileId=6937a2e70f6995c77d871d37&name=Ventura #### Source owner Regulator-published data served by LFSA website provider #### Evidence category Name Ventura Prime FX Limited; fileName Money Brokers; SuiteNo22 Skyward Business Centre, Brumby House, Jalan Bahasa, Labuan. No licence number field populated. #### Source access note Public read-only endpoint discovered in official LFSA directory implementation, not a broker/third-party directory. ### VPFX — Forex Trading Source ID: vpfx-reg-3 https://www.vpfx.net/forex-trading/ #### Source owner Broker #### Evidence category MT5 Forex page explicitly offers demo accounts for Forex strategy and indicator practice without real capital. #### Source access note Opened official page; no signup performed. ### VPFX — official home and legal footer Source ID: vpfx-reg-4 https://www.vpfx.net/ #### Source owner Broker #### Evidence category MT5 desktop/mobile, demo links, Ventura Prime FX Limited and claimed MB/20/0046; UAE affiliate only introducing/promotional; geographic exclusions. #### Source access note Opened official page; client-portal demo link was not readable through web tool. ### LFSA — Money Broking Source ID: vpfx-reg-5 https://www.labuanfsa.gov.my/areas-of-business/financial-services/money-broking #### Source owner Regulator: LFSA #### Evidence category Money brokers act as intermediary, not principal; foreign-currency business; prohibited from dealing with Malaysian residents except authorised dealers. #### Source access note Opened official regulator page. ### LFSA — Business restriction on Labuan licensed entities Source ID: vpfx-reg-6 https://www.labuanfsa.gov.my/regulations/enforcement-actions/business-restriction-on-labuan-licensed-entities #### Source owner Regulator: LFSA #### Evidence category Reviewed list dated8June2026; Ventura Prime FX not among listed restricted entities. #### Source access note Opened official .gov.my page. Limited negative screen only; not comprehensive regulatory clearance.