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Do You Want to Know If VidaMarkets Is Legitimate or a Scam Broker?
VidaMarkets on their homepage wants us to know they have received acclaim and are an international broker. Whatever this means. These may seem like random statements, but vaguely worded web content is often a sign of a broker that is hiding a few things. It claims that it is a registered broker and a member of The Financial Commission. There is no record of this. It also claims to be a registered company in Dubai and Cyprus, but this is not the same as a trading license. In fact, it has none.
There Are Some Problems with VidaMarkets
VidaMarkets has high pips at 1.2 and huge margins going as high as 1:1,000. This is very expensive and risky trading. The website has only a homepage. There are no terms and conditions and names and faces of the people who run this brokerage. In addition, they claim they offer MetaTrader 4 and 5, but this software is impossible to actually install–yet another false claim.
Red Flags that VidaMarkets Could Be a Scam Broker
- No license
- High pips and leverage
- Non-functional trading platform
- Lack of transparency
- Verified customer complaints
If You Need Fund Recovery from VidaMarkets, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts