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Vecoglobal
Operating status: SCAM
Website: https://vecoglobal.org/
Broker violations and abnormal records
On January 11, 2024, the Financial Conduct Authority (FCA) issued a warning against Vecoglobal, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/vecoglobal
On January 11, 2024, the Financial Conduct Authority (FCA) issued a warning against Vecoglobal, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/vecoglobalVecoglobal provides a certificate from the Companies House (CH) with registration number RY853954J to support its legitimacy in the British market. However, the registration number doesn't exist.
For it to be a legitimate broker in the UK, Vecoglobal is required to obtain a license from the Financial Conduct Authority (FCA). However, it hasn't and the FCA issued a warning identifying it as an unauthorized firm as a result.
In essence, Vecoglobal is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Vecoglobal appears to be a scam.
Vecoglobal provides a certificate from the Companies House (CH) with registration number RY853954J to support its legitimacy in the British market. However, the registration number doesn't exist.For it to be a legitimate broker in the UK, Vecoglobal is required to obtain a license from the Financial Conduct Authority (FCA). However, it hasn't and the FCA issued a warning identifying it as an unauthorized firm as a result.In essence, Vecoglobal is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Vecoglobal appears to be a scam.Recently, BrokersView has noticed that the domain vecoglobal.org, belonging to Vecoglobal, is currently disabled. Such situations often occur with fraudulent trading platforms when their fraud schemes are discovered. Operators of Vecoglobal may have changed their brand name and popped up on another new website to continue their activities. Investors should exercise extreme caution.
Recently, BrokersView has noticed that the domain vecoglobal.org, belonging to Vecoglobal, is currently disabled. Such situations often occur with fraudulent trading platforms when their fraud schemes are discovered. Operators of Vecoglobal may have changed their brand name and popped up on another new website to continue their activities. Investors should exercise extreme caution.
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