Reported as a scam / unregulated
Why VEVOFX is on the register
VEVOFX purports to be owned by VEVOFX Limited, a company allegedly to hold the license issued by the Republic of Vanuatu Finance Service Commission (VFSC), under number 14547. However, neither “14547” nor “VEVOFX” has corresponding records in the Financial Dealers Licensee List of the VFSC, indicating that the regulatory claims are baseless. This is a red flag for fraudulent activities. In essence, VEVOFX is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. VEVOFX appears to be a 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.