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Vonway

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Operating status: SCAM

Website: https://vonwayforex.com/

Broker violations and abnormal records
  • 2022-07-27 BrokersView has Reviewed that Vonway is an Unregulated Forex Broker

    Vonway is a total scam. Vonway claims it is a trading name of Vonway Global Limited, a company registered in Saint Vincent and Grenadines Financial Service Authority (SVG FSA) under registration number 24611 IBC 2018. When we searched in SVG FSA, we found the number belongs to a company named "TradingPro International Ltd" and there are no match results to Vonway Global Limited. Besides, SVG FSA is not a regulatory body that issues licenses for forex trading or regulates entities involving forex services. The truth is that Vonway is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Vonway is a total scam. Vonway claims it is a trading name of Vonway Global Limited, a company registered in Saint Vincent and Grenadines Financial Service Authority (SVG FSA) under registration number 24611 IBC 2018. When we searched in SVG FSA, we found the number belongs to a company named "TradingPro International Ltd" and there are no match results to Vonway Global Limited. Besides, SVG FSA is not a regulatory body that issues licenses for forex trading or regulates entities involving forex services. The truth is that Vonway is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • 2023-08-21 BrokersView discovers the change in Vonway's registration information

    According to BrokersView's records, Vonway used to claim to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), which turned out to be a false statement.

    Recently, this scam updated its registration information on its website, saying Vonway Forex is a trading name of Vonway Global Limited, a company incorporated in Hong Kong under CR No 2563823 2017. We searched the Companies Registry of Hong Kong (CR) and did find matching entries. However, it is crucial to note that the mere registration with the CR doesn't mean being authorized to legally offer financial services/products in or from this jurisdiction.

    Since Vonway serves as a forex broker, it is required to obtain the license from the Hong Kong Securities and Futures Commission (SFC). But there is no name matched with "Vonway Global Limited" in the SFC Register.

    In essence, despite the change in its registration information, Vonway remains unsupervised 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. 

    Vonway is unequivocally a scam.

    According to BrokersView's records, Vonway used to claim to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), which turned out to be a false statement.Recently, this scam updated its registration information on its website, saying Vonway Forex is a trading name of Vonway Global Limited, a company incorporated in Hong Kong under CR No 2563823 2017. We searched the Companies Registry of Hong Kong (CR) and did find matching entries. However, it is crucial to note that the mere registration with the CR doesn't mean being authorized to legally offer financial services/products in or from this jurisdiction.Since Vonway serves as a forex broker, it is required to obtain the license from the Hong Kong Securities and Futures Commission (SFC). But there is no name matched with "Vonway Global Limited" in the SFC Register.In essence, despite the change in its registration information, Vonway remains unsupervised 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. Vonway is unequivocally a scam.

23 comments

Rudolph Makua
My best advise is to stay away if you don't want to regret it, these guys are scammers and their support is total bull, I had an agent close a chat on me before even resolving my query, here's the story...I traded the NDB account and grew it till 400usd and time for withdrawal came I completed all their tasks including depositing 50usd twice in separate live accounts to activate withdrawals then I was told I need to further trade 3 lots on forex currencies which I immediately did then withdrawal was available, long story short apparently the maximum withdrawal amount is 70usd which I managed to request a withdrawal on, immediately after the withdrawal was approved the remaining 330usd of which were my traded profits vanished and the account was empty... so as I wait for the funds to reflect of which I doubt I will get back including my 100usd for activating the withdrawal I will tell you this! better the devil you know. stay away from these hooligans.
2025-05-30
Reply
Bakang pheto
Vonway is a good broker which offers deposit bonus that helps us to increase our equity and also with a good leveraging, withdrawal and deposit are fast and their help desk is always active and fast.
2025-05-16
Reply
Shrawan Gupta
This broker manipulates a lot, when the client maintains profit they don't want to pay.
2025-05-14
Reply
Shrawan Gupta
A good broker.They have really fast withdrawals and the bonuses are quite nice. I got my payments very fast after I ordered the withdrawal
2025-05-14
Reply
O'ryan Klaasen
Best forex broker which also offers bonuses and Forex, Indices, Commodities, Stocks, ETFs, Cryptocurrencies.
2025-05-14
Reply
Junior Nkosi
Vonway is one of the better broker out there today. The accounts are easy to open and the customer service is good and choose vonway to trade with best broker and I highly recommend this broker for everyone
2025-05-13
Reply
Junior Nkosi
Vonway is one of the better broker out there today. The accounts are easy to open and the customer service is good and choose vonway to trade with best broker and I highly recommend this broker for everyone
2025-05-13
Reply
Trader Tate
Vonway is one of the better broker out there today. The accounts are easy to open and the customer service and choose vonway
2025-05-09
Reply
Adithap* 2528
Good trending
2025-05-07
1
Reply
unknown person
i tried to get NDB..and the verify always been declined several times! and chat to support they say "i had mirror on take picture" WTF? other broker i identify like that also without any problem
2024-11-21
Reply

1-10 of 23 comments

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