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Vecoglobal

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Operating status: SCAM

Website: https://vecoglobal.org/

Broker violations and abnormal records
  • 2024-01-10 The FCA adds Vecoglobal to its warning list

    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/vecoglobal
  • 2024-01-11 BrokersView has reviewed that Vecoglobal is an unregulated broker

    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.

    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.
  • 2024-01-15 The domain vecoglobal.org, belonging to Vecoglobal, is currently disabled

    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.

Related Complaints

Q&A

I cannot find Vecoglobal anymore, still have money there.

Fady Gupta
Jordan
2024-01-18
ANSWER Your inability to contact Vecoglobal could be due to its suspected fraudulent operations. This unlicensed trading platform has been flagged by the Financial Conduct Authority (FCA). We strongly recommend reporting this potential scam to your local authorities.The broker, flagged as a potential scam by the FCA (read the FCA warning here), has a disabled domain, vecoglobal.org. This is a common occurrence among fraudulent platforms when their schemes are exposed. The operators may resurface under a new brand, so investors should exercise extreme caution.
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2 comments

Gearmogear
They also did business under the name maxtradefx I know a lot of people lost there money on that trading format this guys are all scums be careful
2024-06-27
Reply
Gearmogear
This guys are still doing business and taking people bitcoin also have 2 lady’s going by the name Sharon Kimberly and Karrie Cooke this 2 African lady’s are criminal scammers please be careful there very good at lying and assuring customer on how loyal they are there poor spellers and are easily noticeably wen they write to a customer time we get all this African scammer out of our investing website
2024-06-27
Reply
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