It Has Been Verified That MarketsVIP Operates Through The Website Https://marketsvip.com/and Is An Unregulated Broker.
The Company's Website Is Currently Down, Appears To Be Closed, And Details About The Company Are Not Immediately Available. Traders Must Be Vigilant To Prevent Fraud And Damage To Their Funds.
On March 20, 2024, The UK Financial Conduct Authority (FCA) Issued A Warning To VIP Markets That The Company May Provide Financial Services Or Products In The UK Without Authorization.
MarketsVIP Claims To Be A Broker Incorporated In Saint Vincent And The Grenadines, Offering A Wide Range Of Financial Services Including Cryptocurrencies, Foreign Exchange, Commodities, Stocks, Precious Metals And More Instruments In The Global Markets.
Upon Investigation, We Found No Commercial Registration Of MarketsVIP With The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA), An Offshore Body That Does Not License Financial Derivatives Trading Brokerage Activities.
The FCA Has Issued A Warning That Markets VIP Is Not Authorised To Provide Financial Services Or Products In The UK.
The Fact Is That MarketsVIP Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let It Hold Or Control Investors' Funds, And These Funds Are Not Protected By Any Laws.
Overall Judgment MarketsVIP Is Undoubtedly A Scam. Everyone Should Be Careful To Avoid Being Scammed.
And Most Non-compliant Brokers Will Not Disclose And Provide Their Direct Real Contact Information, Such As Phone Number Or Company Address.
Note: MarketsVIP Is An Unregulated Broker, Which Means That Customers' Investments May Not Be Adequately Protected. Due To The Lack Of Regulators To Hold Companies Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
