I used to trade with VIPS FX a while back, but boy, was it a mistake! Their spreads kept getting wider and wider, and before I knew it, my account was deep in the red. After some digging, I found out that this so-called "broker" is actually registered offshore. Talk about a scam! Save yourselves the headache and avoid VIPS FX at all costs. Trust me, you don't want to mess with these guys.