Reported as a scam / unregulated
Why Venus Capital is on the register
While Venus Capital claims to be a forex broker registered in St. Lucia, it doesn’t provide any further details to substantiate the claim. The lack of adequate licensing data is a red flag. We searched for the company name on the “Money Services Businesse” register of the Financial Services Regulatory Authority of St. Lucia (FSRA) but hasn’t found any matching records. Even if it were registered with the FSRA, the offerings by Venus Capital would remain unlicensed, as the FSRA has announced that forex trading activities are not licensed in St. Lucia. In essence, Venus Capital 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. Venus Capital 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.