Vantage
Vantage (VantageFX) is an online foreign exchange broker for individuals and institutions worldwide.The company was founded in 2009, headquartered in Australia, and has branches in the British, Cayman Islands and China.VantagePrime is a London ECN (electronic communications network) foreign exchange and dot trading broker.
In September of this year, investor Mr. Zheng exposed Vantage's transaction problem. He failed to pay money, the profit was cut, the account was disabled, and the pure black platform was commonly used.
Coincidentally, some users feedback the disabled accounts and funds that the Vantage platform also encountered on the Vantage platform.
The incident occurred on October 27, 2024. Investors' total investment in Vantage exceeded 80,000 pounds, and invested a lot of time for transaction activities, and successfully increased its account balance to 542,283 pounds.After completing a series of successful transactions and accumulating the corresponding profits, investors submitted an application for withdrawal (account number 1646515).Investors were surprised to find that the balance of the account was still clear for no reason!
People in the industry know that VantageFX has been publicly issued publicly as early as January 27, 2021, and withdrawing from the Chinese market no longer accepts Chinese customers.
But Vantage's official website [https://www.vantageMarkets.io/hans/] From the language bar to the promotional details, even the source code of the official website has a large number of simplified Chinese procedures.A lot of Chinese?Said Vantage from the Chinese mainland market and abandon Chinese customers?Do you believe it?
There are many types of "Getting Activities" on Vantage's official website. Although Vantage is Australian securities firms, it also stated in the official website statement: "[VantageGlobalPrimepTyltd] traded in the name of Vantage, which was regulated by the Australian Securities and Investment Commission (ASIC)., AFSL number is 428901, located at No. 31, Sydney, Sydney, Australia.
However, industry insiders should know Australia ASIC very well. Vantage applied for a license to Australia ASIC with a very high gold content, proves that Vantage does have strong strength while being restricted by strict regulatory rules.
ASIC product intervention orders for strengthening the difference in differences are the strict order to strictly prohibit "promotional activities such as promotion" such as preferential discounts, points and gifts to retail customers. Australian ASIC's penalties are great. Therefore, we dare to determine that Australian ASIC licenses are only "signboards".Vantage is bound to use this license to regulate transactions.
The MT4 trading account displayed on the official website of Vantage is opened on the Cayman Islands on the Caribbean.
Why do you say that?
First of all, the Cayman Islands CIMA did query the regulatory information of [VantageInternationalGrouplimited], but the Cayman Islands is an island financial center, which means that [VantageInternationalGrouplimity] must be a offshore regulatory license even if holding a license. Regulatory island nation licenseIt cannot be compared to a complete regulatory country. Even if the over -limit operation violates the permissions, the punishment is light.
Secondly, Mr. Zheng, a victim investing in this article, and the real transaction entity that occurred with the Vantage platform is not a trading entity named [VantagePrimelimited].
Through the Hong Kong Industry and Commerce official website, you can find out that [VantagePrimelimited] is a Hong Kong entity that is still registered and operated, and is relatively active. In the past 5 years, it has changed the name of the company. What is the ordinary private registered Vantage company renamed the name?
After inquiring the official website of the Hong Kong Securities and Futures Affairs Supervision Committee (SFC), it traded with Mr. Zheng without giving gold, eliminating profits, and directly disabled Vantage Hong Kong [VantagePrimelimity], which directly disabled the account.
Vantage has publicly abandon the Chinese market for a long time. It does not accept Chinese customers, which means that it will not provide effective transaction supervision to Chinese customers, and there is no transaction authority. Whether it is to the Cayman Islands or Hong Kong, it is difficult for mainland customers to find it back., Detective suggestion to stay away.
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