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VictoryXcap

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Operating status: SCAM

Website: https://victoryxcap.com

Broker violations and abnormal records
  • 2024-10-13 The CNMV issues a warning against VICTORYXCAP

    On October 14, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added VICTORYXCAP to its warning list for providing investment services without authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=Gp%2fE2e5YhNECQq2gM7Y7s5qsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL.

    On October 14, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added VICTORYXCAP to its warning list for providing investment services without authorization. https://www.cnmv.es/webservices/verdocumento/ver?e=Gp%2fE2e5YhNECQq2gM7Y7s5qsmhmHlGKVzGKYDPXP7jQPj57IXgF7VdIcuAns0KKL.
  • 2024-10-15 BrokersView has Reviewed that VictoryXcap is an Unregulated Broker

    VictoryXcap claims to be a trading platform located in Switzerland, offering a range of investment products to traders, including forex, stocks, commodities, cryptocurrencies, indices and more instruments for trading in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.

    Upon investigation, we found that VictoryXcap is not authorized and regulated by the the Swiss Financial Market Supervisory Authority (FINMA). The Comisión Nacional del Mercado de Valores (CNMV) added VictoryXcap to its warning list for providing investment services without authorization.

    The truth is that VictoryXcap is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    VictoryXcap is a scam.

    VictoryXcap claims to be a trading platform located in Switzerland, offering a range of investment products to traders, including forex, stocks, commodities, cryptocurrencies, indices and more instruments for trading in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.Upon investigation, we found that VictoryXcap is not authorized and regulated by the the Swiss Financial Market Supervisory Authority (FINMA). The Comisión Nacional del Mercado de Valores (CNMV) added VictoryXcap to its warning list for providing investment services without authorization.The truth is that VictoryXcap is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.VictoryXcap is a scam.

Related Complaints

Q&A Complaints

I want to know VictoryXcap if a licensed entity.

Olya Martynova
Bangladesh
2024-10-17
ANSWER Dear Investor, We have investigated VictoryXcap and believe it to be a scam. The website withholds essential company information, rendering it almost anonymous. This is a major red flag, as it makes it challenging to hold them accountable if any issues arise. While the company claims to be based in Switzerland, there is no evidence of its registration with the Swiss Financial Market Supervisory Authority (FINMA). Furthermore, VictoryXcap has been blacklisted by the Comisión Nacional del Mercado de Valores (CNMV) due to its lack of proper authorization. Therefore, we strongly recommend avoiding VictoryXcap. It is not a licensed entity.
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VictoryXcap scammed me and what can I do?

sneha Geberovich
Vietnam
2025-01-27
ANSWER Dear Investor, We understand how distressing and frustrating this situation can be. We have confirmed that VictoryXcap is a scam, and the Comisión Nacional del Mercado de Valores (CNMV) has issued a warning to raise public awareness. We have also found that VictoryXcap's websites have all shut down, adding an additional layer of complexity to the issue. We urge you to report this to your local authorities immediately. We also encourage you to file a complaint on our platform. Our dedicated team will do their best to find any potential resolution. Meanwhile, please be aware of recovery room scams, where unsolicited messages or cold calls claim they can get your money back for a fee. Stay vigilant, as their sole intention is to defraud you by taking advantage of your desire for refunds.
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6 comments

Jim Vassilopoulos
I got scammed around 64,000 AUD by Philip and Alex Reznik, I think they're one and the same.
2025-03-22
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
2025-03-25
Reply
Hey U
Victoryxcap is a scam. To bad they waisted their talent in deceiving & manipulating good, honest people when they could of earned it acting in a Hollywood movie. How do these scums sleep at night? The domain names this company went through from victoryxcap.com to .net, .co to many more that proves how dodgy they were. Stay away from this “Switzerland” based company. Note to victoryXcap: You guys deserve serving jail time. The money you stole converted into jail time. 🕥 Hope all that money brings u guys unhealthy, unhappy life aswell as sickness & health problems. Sorry, but they deserve it.
2025-01-26
Reply
JASON CRATTY
Exactly what happened to EveSalman happened to me. When I told them I've invested what I can the communication stopped and any reps phone # I had are out of service. I spoke with 3. I began with Phillip as I see Dave Bes also spoke with. Can't access the client area and unable to access website. PISSED/SCAM
2024-12-27
1
Reply
Brokersview Official
Dear, We understand the distress and frustration this issue has caused you. let's report it together. you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint.
2024-12-30
Reply
EveSalman
These douchbags have been non stop calling trying to get me to invest more yet when I told them I want my refund they went quiet and now I can’t access anything. BS company nothing but scam. Ruben Levisman- ruben.levisman@victoryxcap.comMartin Guzmanmartin.guzman@victoryxcapmail.com
2024-12-27
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
2024-12-30
Reply
EveSalman
Big scam!! I was taking advantage of also
2024-12-27
Reply
Dave Besanvalle
Victoryxcap reps Phillip ?& Alex reznik@victoryxcapmail.com just Scammed $119509.08 out of me and I think if Victoryxcap wants to stay in the market they should get Regulated and pay their clients commitments when they make garuntees too their customers. Not happy .Dave Besanvalle ex client or scammed fellow
2024-11-26
1
Reply
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