Reported as a scam / unregulated
Why VexPro is on the register
Although it is registered as a company in Saint Lucia, this is only a standard business incorporation, but not a financial services license. Importantly, the Saint Lucia International Financial Centre(IFC) does not regulate forex brokers, so this registration offers no investor protection. VexPro also claims to have offices in Dubai, Hong Kong, Mauritius, and Seychelles. However, none of the relevant regulators in these jurisdictions, including the Dubai Financial Services Authority (DFSA), Securities And Futures Commission(SFC), Financial Services Conduct Authority (FSCA), or Seychelles Financial Services Authority (FSA), list VexPro as an authorized or licensed entity. In effect, VexPro operates without any legitimate regulatory oversight and 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.