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VitalInvest

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Operating status: SCAM

Website: https://vitalinvest.org/

Broker violations and abnormal records
  • 2023-08-20 The German BaFin issues a warning against VitalInvest

    On August 21, 2023, the Federal Financial Supervisory Authority (BaFin) warns consumers about the website vitalinvest.org, which is providing financial and investment services without the required authorisation. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_08_14_vitalinvest_en.html

    On August 21, 2023, the Federal Financial Supervisory Authority (BaFin) warns consumers about the website vitalinvest.org, which is providing financial and investment services without the required authorisation. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_08_14_vitalinvest_en.html
  • 2023-08-21 BrokersView has reviewed that VitalInvest is an unregulated broker

    VitalInvest provides no details given regarding their legal form. This platform is allegedly domiciled in Jakarta, Indonesia, where no authorities responsible for regulating forex trading.

    Furthermore, the Federal Financial Supervisory Authority (BaFin) warns consumers about VitalInvest, which is providing financial and investment services via vitalinvest.org without the required authorisation.

    BaFin even discovered that employees of VitalInvest have used fake information to deceive customers: They told customers that the platform operates in the United Kingdom and is registered there, but there are no indications that the platform is registered with the British Financial Conduct Authority (FCA). Employees of the platform have also referred to a licence from the FISEU, a fake supervisor which BaFin has issued a warning against.

    In essence, VitalInvest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. 

    VitalInvest is unequivocally a scam.

    VitalInvest provides no details given regarding their legal form. This platform is allegedly domiciled in Jakarta, Indonesia, where no authorities responsible for regulating forex trading.Furthermore, the Federal Financial Supervisory Authority (BaFin) warns consumers about VitalInvest, which is providing financial and investment services via vitalinvest.org without the required authorisation.BaFin even discovered that employees of VitalInvest have used fake information to deceive customers: They told customers that the platform operates in the United Kingdom and is registered there, but there are no indications that the platform is registered with the British Financial Conduct Authority (FCA). Employees of the platform have also referred to a licence from the FISEU, a fake supervisor which BaFin has issued a warning against.In essence, VitalInvest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. VitalInvest is unequivocally a scam.

Related Complaints

Q&A

Does VitalInvest regulated in USA?

Lydia Wright
United States of America
2023-09-20
ANSWER No, VitalInvest is not regulated in the USA. In fact, it is an unregulated broker flagged by a financial regulator.VitalInvest does not reveal any information about their legal status. They claim to be based in Jakarta, Indonesia, where there is no regulatory body for forex trading.In addition, the Federal Financial Supervisory Authority (BaFin), the German financial regulator, warns consumers that VitalInvest is offering financial and investment services through vitalinvest.org without the necessary license.The regulator also found out that VitalInvest's employees have used false information to trick customers saying the platform is located in the UK and registered there, but there is no evidence that the platform is registered with the UK's Financial Conduct Authority (FCA). Employees of the platform have also mentioned a licence from the FISEU, a fake supervisor that BaFin has issued a warning against.The BaFin's full warning against VitalInvest can be accessed here.Therefore, VitalInvest is not a regulated broker. It carries substantial risks, and individuals dealing with the platform are vulnerable to fraud and identity theft, as there are no rules in place to safeguard them. To avoid such risks, it is advisable to choose a fully regulated broker.
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