Reported as a scam / unregulated
Why VP Trade is on the register
VP Trade is flagged as a high-risk entity due to serious regulatory concerns. While it claims to be operated by Nova Capital Ltd, a company licensed by the Anjouan Offshore Finance Authority (AOFA), our verification found no registered domain or official link between the licensed firm and the trading platform. More critically, AOFA is an offshore regulator with minimal international recognition and oversight, enforcing lax or ineffective compliance standards that offer little investor protection. Given the lack of verifiable regulation and the use of a weak offshore license, VP Trade operates under questionable legitimacy, warranting its classification as a potential scam broker.
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.