Hello,
Few comments about your uploaded pictures:
- At least for testing purposes I would suggest to use any COM port from 1 to 10 (Using higher COM port might sometimes cause communication issues)
- Port number, which you use in VSP software should be the same, which is configured on the router. In your case they do not match (5000 <> 5005).
Once that is done, you should be able to establish Virtual Serial Port connection from computer to the router without need to temper with computer's firewall (since connection from the computer would be "outgoing" and not "incoming")