VastWealth Review : Fees, Pros and Cons, Reviews by Real Traders

VastWealth

Operating status: SCAM

Website: https://www.vastwealth.io/home https://www.vastwealth.live/es/Home

Broker violations and abnormal records

Feb 08, 2023 The UK FCA Added VastWealth into Its Warnings
On 9 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that VastWealth may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/vast-wealth

On 9 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that VastWealth may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/vast-wealth
Feb 13, 2023 BrokersView has reviewed that VastWealth is an Unregulated Forex Broker
VastWealth claims to be owned by Vallencio LLC, a company registered in St Vincent & The Grenadines Financial Services Authority (SVG FSA) with company number: 1567 LLC 2021. We indeed found a match result to Vallencio LLC in SVG FSA. But please be informed that SVG FSA is not a forex regulator that regulates entities engaging in forex.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, VastWealth is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

VastWealth claims to be owned by Vallencio LLC, a company registered in St Vincent & The Grenadines Financial Services Authority (SVG FSA) with company number: 1567 LLC 2021. We indeed found a match result to Vallencio LLC in SVG FSA. But please be informed that SVG FSA is not a forex regulator that regulates entities engaging in forex.More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker providing financial services or products in the UK without authorization. The truth is, VastWealth is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
May 15, 2023 The Spanish regulator CNMV identified VastWealth is a clone
On May 16, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added VastWealth to its warning list, stating that it is a clone of a CNMV-registered firm: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

On May 16, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added VastWealth to its warning list, stating that it is a clone of a CNMV-registered firm: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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