Unauthorised Firm Details
Name: Vital Markets
Website: vitalmarkets.com
Vital Markets promotes itself as an international online broker offering Forex, stocks, commodities, indices, and cryptocurrency trading. However, multiple investigations and user reports show that it is unlicensed and high-risk, fitting the pattern of an unregulated trading operation.
Claimed Details
Contacts: The company claims to operate under “Vital Markets Ltd” with an address in Saint Lucia, but registration and ownership details cannot be verified.
Foundation: The platform appears active since 2020, yet its digital footprint and trading records show very limited proof of a real history.
License: No valid license is listed with any recognised regulator such as the FCA, ASIC, or CySEC. This means traders have no protection under financial law.
Minimum Deposit / Terms: The site advertises flexible deposits and high leverage (up to 1:500), but user feedback mentions hidden charges and restricted withdrawals.
From Sign-Up to Payout
Although the website appears polished, traders report serious issues including:
-
Long withdrawal delays or frozen accounts.
-
Vague communication from customer support once deposits are made.
-
No verifiable evidence of real trading performance or audited results.
Reality Check
Key red flags include:
-
Unverified registration and hidden ownership.
-
No official regulatory approval.
-
Repeated complaints from users about fund recovery and transparency.
These are classic indicators of a high-risk, unregulated broker operating outside safe trading standards.
Verdict
Vital Markets is unlicensed and unsafe for investment. The firm offers no regulatory protection, and funds deposited may be at serious risk of loss.
Submit your review | |
