Vebson’s False Facade: A Scam Broker Stealing Your Profits?

There are two sides to online trading, while the profit-making one is all shiny and attractive, the other one, of losses, is the vast one. Traders not only risk losing their funds with trade losses, but also with scammy trading platforms and brokers. Certain platforms attract traders in false hopes of profit generation and later restrict access to their funds by either account suspension/deletion or withdrawal restrictions or hefty withdrawal costs, etc. Vebson is turning out to be one of those scammy brokers.

With no legitimate oversight to hold it accountable and a growing list of complaints about tactics like wiping out profits and ignoring pleas for help, Vebson is raising serious warning signs.

About Vebson

Vebson is an online trading platform that offers services on MetaTrader 5. It allows trading Forex, Cryptocurrencies, Stock CFDS, and Indices with a minimum deposit requirement of $10. It also offers up to 1000x leverage and claims commission-free trading on Standard and Pro accounts.

What Users Experience with Vebson?

Certain traders from Portugal and Malaysia have raised concerns about Vebsons regulations, operations, and overall reliability. Here is what they have to say -

• A trader from Portugal accuses Vebson of profit confiscation and unlawful actions, scamming the trader and restricting access to their funds -

• Adding to that, a Malaysian trader has also reported first delayed and then denied withdrawals. In their case, this is how it went -
  
• And similarly, a Hong Kong-based trader also witnessed withdrawal restrictions that they mentioned along with the screenshots -
  

While some reviews praise Vebson‘s platform and tight spreads, these are overpowered by exposure complaints. Problems like denied withdrawals, unfounded accusations, and account blocks suggest a deliberate strategy to trap traders’ funds, a classic sign of a scam broker.

What Does WikiFX Say About Vebson?

A review at WikiFX has revealed a trust score as low as 1.73 out of 10 for Vebson. Not just this, it has also come to notice that the platform lacks any regulation and license, and there is a popping warning sign, urging the traders to stay away from such platforms.

Conclusion

With the majority of issues being around withdrawal restrictions, it clearly shows that the broker might have opted for this tactic to withhold traders funds and generate profits from them. It seems the only thing consistent about the broker is its false promises and fake claims that later turn out to be trouble for the traders. Vebson is a financial dead-end, and traders are advised to stick to brokers with proven regulation only to keep their money safe.

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