Is Vuelex a Scam Broker?

Vuelex calls itself an “independent wealth management service.” Broker Complaint Registry is often cautious about the term “independent” since this can often be a positive spin on “unregulated.” Much of the content is poorly written. For instance, brokers were said to “provide reassurance” to clients. Bad writing is not just skin deep but is a signal of a service that doesn’t understand the industry and could be faking it. Content design and content is not just skin deep, but can alert the visitor to a more fundamental problem. 

Is Vuelex or Legit Broker?

BCR investigated Vuelex and found numerous complaints about this broker. We could not locate any tangible information about the identities of the people behind Vuelex and whether or not they have a license. This is not a good sign and is a reason to avoid Vuelex and to look for a licensed broker that gives clients reliable services. This requires research and patience, but it is not worth taking a risk on brokers like Vuelex. 

Our experts found out the following about Vuelex: 

• No information about a license
• Lack of transparency
• Poorly written web content

Our experts do not recommend Vuelex. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by Vuelex or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.