Reported as a scam / unregulated
Why Vital Markets is on the register
Vital Markets is not a reliable broker for traders. Vital Markets presents neither details about its company information (email address, office address) and regulations, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Downloading its official MT4 trading platform, we found this broker locates in the Commonwealth of Dominica. However, as per the information we hold, Dominica has no authorities that issue licenses for forex trading or regulate entities engaging in forex services. That means Vital Markets is not under valid regulation by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is 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.