While VCP Markets claims to be based in Australia and has provided an ASIC license, our verification indicates that this license is currently listed as "ceased." This means their authorization by ASIC has been terminated. Additionally, VCP Markets states it is registered in Saint Lucia. We confirm that VCP Markets Ltd. is indeed registered with the Saint Lucia IFC as an International Business Company (IBC). However, it is important to note that this registration reflects the company’s legal incorporation status only and does not constitute regulatory authorization. The Saint Lucia IFC does not regulate forex activities or provide investor protection for such services. In summary, VCP Markets currently holds no active regulatory license from a reputable financial authority to offer investment or forex trading services. It is very likely to operate fradulently.