We strongly advise against using Vourteige, an unregulated broker. While it claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it is critical to note that this offshore financial watchdog doesn’t license forex trading brokerage activities. This means Vourteige remains unlicensed within the jurisdiction.Given its unregulated status, Vourteige poses additional risks to investors. Due to the lack of regulatory protections, investors trading with Vourteige are exposed to risk of losing their funds. To have a safer trading environment, it is highly recommended to choose fully regulated brokers instead of unregulated ones like Vourteige.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Vourteige is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Vourteige, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Withdrawing funds – How to get back my money from Vourteige.com
How to get back my money from Vourteige.com? Withdrawing your funds is another challenge, as your money is never safe with an unregulated broker. If you try to withdraw your money, they will delay the process for months, making it impossible for you , which means your money will be gone for good. Even if you remind them or insist on withdrawing your funds, you will not get them back. If you signed the Managed Account Agreement (MAA), which authorizes them to do anything they want with your account, they will lose all your funds, leaving you with nothing to request.
Can You Trust Vourteige?
All the evidence suggests that Vourteige is a scam. If you have lost money to them, there is still a chance you can get it back.