Reported as a scam / unregulated
Why VFM Brokers is on the register
VFM Brokers previously claimed to be registered with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) under the number 25874BC2020. It is important to note that the SVG FSA registration only signifies IBC (International Business Company) status and does not equate to a forex license. This lack of the necessary financial licenses rendered VFM Brokers an unreliable platform. Currently, its website is no longer operational, and the SVG FSA registration has been revoked. These developments point to substantial risks associated with VFM Brokers. Investors should be aware of these circumstances and exercise extreme caution regarding this potential scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.