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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

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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I don't think VictoryXcap is legit, is it?

Calvin
Bermuda
2024-12-10
ANSWER Dear Investor, Thank you for your message. We are concerned that VictoryXcap may be a scam. The company behind VictoryXcap is almost anonymous. They haven't provided useful company information or valid licensing details to prove their legitimacy and compliance. More concerning, the Comisión Nacional del Mercado de Valores (CNMV) has added VictoryXcap to its warning list for providing investment services without authorization, which is a red flag. Therefore, we strongly suggest you avoid using VictoryXcap. If you feel like a broker might be a scam, you are probably right.
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1 comments

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
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