BrokersView
Search
Download
English
Sign In

VOLO Finance

Save

Operating status: SCAM

Website: https://volo.finance/

Broker violations and abnormal records
  • 2022-08-21 BrokersView has Reviewed that VOLO Finance is an Unregulated Forex Broker

    VOLO Finance claims to be a Master Introducing Broker (MIB) of Vlado Limited, a company licensed and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Australian Securities and Investments Commission (ASIC). First, we indeed find a match result to Vlado Limited in FINTRAC, but please be informed that FINTRAC is not a regulatory body that regulates entities engaging in forex services.

    Second, we did not find any match results to Vlado Limited in ASIC's registry. That means VOLO Finance, as the introducing broker of Vlado Limited, is actually not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    VOLO Finance claims to be a Master Introducing Broker (MIB) of Vlado Limited, a company licensed and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Australian Securities and Investments Commission (ASIC). First, we indeed find a match result to Vlado Limited in FINTRAC, but please be informed that FINTRAC is not a regulatory body that regulates entities engaging in forex services.Second, we did not find any match results to Vlado Limited in ASIC's registry. That means VOLO Finance, as the introducing broker of Vlado Limited, is actually not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A Complaints

Does anyone trade with Volo Finance before? Is it good?

kqtrader
Russia
2022-08-31
ANSWER VOLO Finance is not a licensed or regulated broker even though it states offers that look good to be true. VOLO Finance claims to be a Master Introducing Broker (MIB) of Vlado Limited, a company licensed and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Australian Securities and Investments Commission (ASIC). First, we indeed find a match result to Vlado Limited in FINTRAC, but please be informed that FINTRAC is not a regulatory body that regulates entities engaging in forex services. Second, we did not find any match results to Vlado Limited in ASIC's registry.The truth is, VOLO Finance is not under valid regulation to do forex by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like VOLO Finance and trade with licensed brokers.
See more

3 comments

Scott
My experience trading with Volo is nothing short of a total nightmare. I wasn’t able to recover my investment. You will be flatten out.
2023-02-17
Reply
Allen Stchter
These guys are scammers. They are the same people as Volo Capital. They scammed $65 million USD and ran away. They have deleted many posts on Facebook and even removed YouTube videos from before. Don’t invest in this platform as it is a Ponzi scheme. Especially if you are in Malaysia or any part of South East Asia. They were pushing hard in Dubai and now on there Facebook page there is no mention of Dubai and now they company is based in Kuala Lumpur Malaysia.
2023-02-16
1
Reply
BAN SERN TAN
Volo finance is not broker. They are financial service provider to the market by collaborating with a good broker.
2022-11-03
Reply
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.