8 Dangerous Warning Signs Showing VPTrade.com May Be a Risky Broker to Avoid.
8 Dangerous Warning Signs Showing VPTrade.com May Be a Risky Broker to Avoid.
Introduction
In the world of online trading, platforms that promise fast profits, low fees, and high leverage can look very tempting. But not all of them deliver — some are built to mislead, trap funds, or disappear when pressure mounts. VPTrade.com (also branded “VP Trade”) is one such platform drawing attention. While it claims regulation, multiple watchdogs, user complaints, and technical signals suggest serious danger.
Here are 8 dangerous warning signs you must know if you consider using VPTrade.com. These issues align with risks like asset freeze, derivatives trap, and may require a recovery strategy if things go wrong.
1) Conflicting & Offshore Regulation Claims
VPTrade claims to be operated by Nova Capital Ltd and regulated by the Anjouan Offshore Finance Authority (AOFA) with license number L15693 / NC. They also claim to be registered in Comoros (Hamchako, Mutsamudu, Autonomous Island of Anjouan)
However, multiple sources raise concerns:
- BrokerView flagged VP Trade under “Scam Confirmed” due to regulatory concerns and lack of verifiable regulation.
- TraderKnows reports the platform has no recognized license from strong regulators despite its claims.
When regulation is claimed from obscure or weak jurisdictions, it often means minimal oversight. That increases the chance of misconduct.
2) Strong User Complaints About Withdrawals & Customer Support
A pattern in user reviews:
- On Reviews.io, one report says: “very easy to deposit … but they never letting you take your money out. They hit you with different excuses …”
- On ForexPeaceArmy forums and elsewhere, people say VPTrade closed trades, stopped communication, or blocked withdrawals entirely.
When deposits are easy but withdrawals are difficult or impossible, that’s usually a sign of an asset freeze or worse.
3) Mixed Reputation & Low Trust Scores
- ScamAdviser shows VPTrade.com has a somewhat low trust score, due to negative reviews, hosting registrar connections with questionable sites, and lack of visitor traffic.
- Trustpilot has extremely negative reviews in some cases — 100% 1-star in recent ones.
Poor reputation combined with nondisclosure or inconsistencies is a red flag for fraudulent broker identification.
4) Overuse of Marketing Claims Without Verifiable Proof
VPTrade’s site markets:
- Multiple account types (Basic, Silver, Plus, VIP, Islamic) (
- Promises of global reach, secure environment, quick withdrawals, etc.
However, many of these features are not backed by regulator registers or credible audit/document libraries. Claims of “regulated offshore” or “legal document section” do not ensure real protection. This can lead into a derivatives trap when risky derivative contracts are involved without adequate transparency.
5) Jurisdiction & Registration Concerns
- The address given is in Comoros, which is often mentioned. Comoros / AOFA is an offshore regulatory body often considered less rigorous.
- Domain age is long (since 2014), but many reports say the site only became active or visible recently. Some suspicious behavior like domain updates and inconsistent content.
Older domain doesn’t always mean safe — sometimes old domains are repurposed. Registration in weak jurisdictions means legal help may be harder if something goes wrong.
6) Gap Between Website Disclosures & Real-user Experiences
There’s frequently a mismatch:
- The website gives documentation, includes risk disclosures, legal policy pages, compliance statements.
- But users report that these policies don’t help in practice — when they try to withdraw, customer service is unresponsive or gives excuses like “verification needed”, “technical issues”, or “waiting period”.
This type of divergence suggests that policies are being used as a shield, not actually enforced.
7) BrokerView Lists It as “Scam Confirmed”
One particularly serious sign: BrokersView, a known broker watcher, has flagged VP Trade as “Scam Confirmed” due to regulatory issues. That means VPTrade has been confirmed by some experts to be operating in ways that fail basic regulatory or trust thresholds.
When a site is flagged so seriously by independent authorities, you should treat it with maximum suspicion.
8) Risk of Requiring a Recovery Strategy After Loss
Given all the above — unverified regulation, withdrawal complaints, conflicting claims — if you do invest or trade on VPTrade and lose funds, recovery becomes very difficult:
- You’ll need solid documentation: deposit records, communication logs, account statements.
- Banks/payment providers may refuse chargebacks or assistance if they believe the broker is operating legally in some offshore sense.
- Crypto trades (if allowed) make tracing harder; you might need wallet tracing or forensic investigators.
For many, the only path after loss is a lengthy recovery strategy, which is expensive and uncertain.
✅ Extended Conclusion : Why VPTrade.com Is High Risk, Not Safe
When you stack up what’s claimed versus what multiple sources have found, VPTrade.com appears to carry many serious red flags. It isn’t enough for a broker to display polished legal pages, risk warnings, and account options. Real safety comes from:
- Verified licenses from well-respected regulators (not just offshore names)
- Transparent operations: public verification, visible leadership, clear user feedback
- Ease of withdrawals, and consistency between what’s promised and what’s delivered
Major dangers for users:
- Loss of funds: you may be able to deposit and trade but be blocked when trying to withdraw. That means your money might get stuck.
- Broken promises: promises of fast payouts, VIP treatment, safe trading get corrupted if customer support shifts rules or becomes unresponsive.
- Legal & jurisdiction vulnerabilities: if you’re outside where this company says it serves, or in a place where regulation is weak, you have fewer protections.
What to do if you’ve been involved:
- Try withdrawing immediately, even a small amount, to test whether the system works.
- Keep all evidence: screenshots, deposit receipts, anything related to interaction with VPTrade.
- Contact relevant regulators in your country; ask about whether the broker is registered or regulated there.
- Avoid giving more funds if you see obstacles. Be wary if you’re asked for extra fees or verifications that weren’t clearly disclosed earlier.
- If needed, consider professionals who handle fraud recovery; check if you have any possibility of chargeback assistance or legal support.
Final Word
VPTrade.com shows too many warning signs to be considered safe without major caution. The “brand” presents itself with regulatory documents and compliance language, but real enforcement, oversight, and user experience suggest otherwise.
If you want to trade, find brokers who are regulated by strong authorities (FCA, ASIC, etc.), have many verified user reviews, transparent leadership, consistent withdrawal performance, and clear user protections.
With VPTrade, based on available reports, you are entering a high-risk scenario — one where asset freeze, fraudulent broker identification, and a derivatives trap** are real possibilities.
When the cost of loss could be so high, your safest move often is to avoid rather than gamble.
