BrokersView

Search
Download
English
Sign In

bvg vest

Newest

Popular

What if I dont want to withdraw through the way I deposit on BVG Vest? Can I change one?
Niilo Schermer
Uganda
2024-02-18
ANSWER If you are considering BVG Vest, we strongly suggest you ditch this option. It is an unregulated broker.The website of BVG Vest offers minimal information and does not present any valid licensing details, which is often seen as a warning sign of potential fraudulent operations.On its About page, it displays a business license under the company name Mincrpto.net, suggesting that it is registered in the US. To be considered legitimate in the US, it needs to be registered with the National Futures Association (NFA). However, our search in the NFA register did not yield any matching results. Beneath the alleged license, there is a "View Broker Licence" button that leads to an unfamiliar certificate seemingly issued by a non-existent regulatory authority.Moreover, the Financial Conduct Authority (FCA) has issued a warning against BVG Vest, labeling it as an unauthorized firm in the UK.In summary, BVG Vest is not overseen by any regulatory agency. Allowing it to handle investors' funds poses a significant risk, as there are no legal measures to protect these funds. To avoid falling victim to potential fraud and identity theft, investors are advised to steer clear of unlicensed brokers like BVG Vest and instead choose fully regulated ones.
See more

Hot Topics

Most Viewed

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.