Scan to download
It is more convenient and faster to find brokers and complain
Regulators: FSCA,SVG FSA
Vida Markets is an offshore broker that does not provide the level of fund protection that strictly-regulated brokers do. Therefore, it is advisable to exercise caution when using this platform.
Vida Markets claims to be regulated by the Financial Sector Conduct Authority (FSCA) and we did find matching records in the FSCA database. However, it is critical to note that the South African financial regulator doesn't provide the domains of the registered entities for investors to verify.
This loophole can be exploited by some shady brokers who may use the details of FSCA-licensed companies to deceive the public.Consequently, investors face a significant challenge in confirming whether the website they are dealing with is genuinely operated by a legitimate firm.
In simpler terms, while Vida Markets may indeed be registered with the FSCA, the absence of domain verification means that some dishonest brokers could impersonate legitimate companies, making it difficult for investors to distinguish between genuine and fraudulent entities. This lack of clarity poses a substantial risk to investors.
Therefore, if you want to get a better fund protection, it is advisable to choose a strictly regulated broker.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.