Note: Report Scam Community has conducted many researches before flagging Vexomarkets as a possible scam in this Vexomarkets Review.
Is Vexomarkets a scam or legit?
Vexomarkets is an offshore or unreliable broker which is not regulated by any reputed regulation authority in its region. This broker offers trading and investment services in many countries without having a license from any regulatory authority in its country like CySec, ASIC, FCA, CNMV, etc. The broker got many Complaints and negative Vexomarkets reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker.
Website – https://vexomarkets.com/
Address – Vexomarkets, c/o Snowbank, Östermalmstorg 1, 114 42 Stockholm, Sverige
Warned By – Finansinspektionen (Sweden)
Despite Vexomarkets attempts to look legit and trustworthy, we can’t disregard the alerts that Vexomarkets giving us. There are many brokers like it, and we can quickly recognize the kind of specialist we were dealing with by stepping into the site. We also reviewed comparative-looking broker sites in our scam brokers 2022 list, the vast majority of them are unlicensed and obscure. Find more about the scam broker in our review list.
Vexomarkets is a potential scam broker claiming to be providing easy and fast trading services for all accounts. They also claim to offer trading in various assets like crypto, forex, commodities, stocks, and indices. The website can be found at https://vexomarkets.com/ but most of the details are missing from their website including contact number, address, owner’s name, and regulated license. They only provide a contact email at email@example.com. The Swedish Financial Supervisory Authority – Finansinspektionen (FI) has issued a warning against Vexomarkets that this broker is not authorized by FI to provide financial services in Sweden. Read a complete Vexomarkets Review to learn more about this broker.
Possible scam activities of scam Vexomarkets
Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Vexomarkets review.
- The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
- The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
- The broker may have made a number of false claims through its website.
- The broker promises returns that are too good to be true.
- The risk warnings may not be disclosed on their webpage or would be hidden.
- The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
- The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
- This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.
Negative Vexomarkets Reviews and Complaints
Vexomarkets has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2022.
Example of Negative Vexomarkets Review
After Searching internet you will find many negative Vexomarkets Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Vexomarkets reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.
How to get your lost money back from Vexomarkets?
The best solution recommended for getting your lost money back from Vexomarkets is Report Scam Community.
They are a committed team of Recovery specialists who have already helped hundreds of scam victims in recovering their lost money. Report Scam provides free Consultation and anyone can register by filling a very short complaint form.
Vexomarkets Review: Conclusion
To begin with, Vexomarkets is a mysterious site that needs validity. It isn’t authorized to offer trading services as it does not hold any valid license and is targeting clients of different nations. So, we advise you to stay away from a such brokers as your money may be at high risk with them.
Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions. These small details will prevent you to become a victim of broker scams.
Domain Age Information of Vexomarkets
|Date Registered||December 19, 2021|
|Domain Age||8 months, 6 days, 15 hours, 15 minutes, 17 seconds|
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