Score

1.47 /10
Danger

Vanguard Coin Option

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.71

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

I was scammed in telegram

People take advantage of economic situation of others, it all started when they contacted me through WhatsApp, and they told me about a leading company in cryptocurrency exchange, then they sent me an invitation link of telegram and told me that I only had to buy cryptocurrencies through bitso or binance and transform them into USDT, then transfer to them to a digital wallet that they asked me to download, which is called bitpreco, from there everything was fine. The first purchase I made was 450 pesos or the equivalent of 25 dollars and by already having them in the digital wallet, they were going to return 550 pesos first, which was 450 plus a commission and after receiving it I was going to transfer 25 USDT through digital wallet to their digital wallet.Then they asked me for a deposit of 60 dollars or the equivalent of 1080 pesos and I did it and they returned me 1250 pesos. Everything seemed fine and with good profits, but later they asked me for 100 dollars and I deposited it but later they told me, they didn't have orders of 100 dollars, only 300, so I deposited them and from there they told me that they had run out of orders of 300 dollars that I needed to deposit another 500 dollars. Bnd when I deposited, they told me that they only had orders of 1000 dollars that I had to deposit another 200 to have 1000 dollars and now they would liquidate me with my commissions and that was going to be 25% commission. When I had 1000 dollars in my account they told me that I had entered the area of star tasks and that I had to deposit another 2,000 dollars to make it sum of 3,000 dollars and that I would receive a commission of 32%. But I needed to do it in the same day and I told them that I did not have that amount, which they told me they were going to freeze my account and I wasn't going to be able to count on my money until I deposited 2000 dollars and I told them I couldn't because I was out for money and then I wanted to get back my money but I couldn't.

alex4347
2023-07-06 03:37
Vanguard Coin Option · Company summary

Note: Vanguard Coin Option's official website: https://www.vanguardcoinoption.com/ is currently inaccessible normally.

Vanguard Coin Option Information

Founded in 2020, Vanguard Coin Option is an unregulated brokerage company registered in China. This firm boasts of providing a secured & easy way to trade cryptocurrency, forex and stocks.

Vanguard Coin Option Information

Is Vanguard Coin Option Legit?

Vanguard Coin Option currently does not hold any valid regulatory certificates. Although it is incorporated in the China, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Is Vanguard Coin Option Legit?

Downsides of Vanguard Coin Option

  • Unavailable Website

Vanguard Coin Option's official website is currently inaccessible. So maybe it's time to find another brokerage.

  • Lack of Transparency

There is a notable lack of information about Vanguard Coin Option available online. This lack of transparency can really dampen investors' enthusiasm.

  • Regulatory Concerns

Vanguard Coin Option is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Negative Vanguard Coin Option Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative Vanguard Coin Option Reviews on WikiFX

As of now, there are two pieces of Vanguard Coin Option exposure in total.

Exposure 1. Scammed in telegram

ClassificationUnable to Withdraw
DateJuly 6, 2023
Post CountryMexico

The user said that he deposited $1000 and could not get it back. You may visit: https://www.wikifx.com/en/comments/detail/202307058412305161.html

Exposure 2. Cannot withdraw

ClassificationUnable to Withdraw
DateApril 26, 2020
Post CountrySingapore

The user said that he can't withdraw on vanguard coin option. You may visit: https://www.wikifx.com/en/comments/detail/202201118662603618.html

Conclusion

Vanguard Coin Option is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

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