Reported as a scam / unregulated
Why VanguardFirst is on the register
VanguardFirst claims to hold certificates from both the UK Financial Conduct Authority (FCA) and the US Financial Crimes Enforcement Network (FinCEN). However, our search of the official FCA register yielded no results associated with VanguardFirst, indicating it lacks authorization to operate in the UK. Although we located an entity named VanguardFirst Limited within the FinCEN system, it is critical to note that this MSB registration does not equate to a valid financial regulatory license. FinCEN registration is primarily for anti-money laundering purposes and does not provide oversight for forex trading activities. VanguardFirst effectively operates without proper authorization or supervision. Therefore, VanguardFirst 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.