Reported as a scam / unregulated
Why VCP Markets is on the register
While VCP Markets claims to be based in Australia and has provided an ASIC license, our verification indicates that this license is currently listed as “ceased.” This means their authorization by ASIC has been terminated. Additionally, VCP Markets states it is registered in Saint Lucia. We confirm that VCP Markets Ltd. is indeed registered with the Saint Lucia IFC as an International Business Company (IBC). However, it is important to note that this registration reflects the company’s legal incorporation status only and does not constitute regulatory authorization. The Saint Lucia IFC does not regulate forex activities or provide investor protection for such services. In summary, VCP Markets currently holds no active regulatory license from a reputable financial authority to offer investment or forex trading services. It is very likely to operate fradulently.
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.