ANSWER Dear Investor,
We strongly suggest you stay away from Vault Trade as we are concerned that it may be a scam.
This is not a transparent trading platform; it conceals information about its operators. This lack of transparency makes it difficult to trace or hold them accountable in the event of issues. The platform provides a phone hotline starting with +44, indicating a potential office in the UK. However, our research suggests that it is likely operating out of the UK without the required authorization, as we found no corresponding records on the Financial Conduct Authority (FCA) register. Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has blacklisted Vault Trade, which is a significant red flag.
Therefore, it is wise to avoid using Vault Trade. For a safer trading environment and peace of mind, we recommend sticking with established, fully regulated brokers.
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