Wanzhi Forex (former VantageFX) has operated as a foreign exchange broker in Australia since 2009, and expanded to the Chinese market in 2015, and quickly established a well -known foreign exchange retail business.
However, the company has experienced multiple brands and images in its development process, including the update of logo and the name of VantageFX to Vantage.
It is worth noting that Vantage has issued an announcement on its official website, announcing the suspension of new account opening services to mainland China, and closed the gold channels from January 27, 2021, Beijing time, but the gold passage has maintained operation.In addition, starting from 23:00 on March 9, 2021, the platform will allow only the existing orders and no longer accept the new order.
Presumably everyone has doubts at this time?Intersection
Since Vantage has stopped serving in mainland China, why should he move him out?
Because we are concerned on the complaint platform, a Hui friend exposed the complaint in September this year:
Open a trading account on the Vantage platform (website is https://www.vantageMarkets.com/hant/), and conduct multiple deposits and gold -out operations.However, after applying for a deposit, the investor was rejected by the platform and was accused of abusing money, causing the account to be disabled.Although the investor has tried to communicate with the platform many times, the principal and profit have not yet been received.
Through the transaction software screenshot provided by the Huidou, we can see that the account of the Huiyou is opened under the name of VantagePrimelimited Hong Kong.
Subsequently, we have verified through the official website of the Hong Kong Securities and Futures Affairs Supervision Committee (SFC) that the company has not been regulated, and the company is just a registered company in Hong Kong.
For 2024, for VANTAGE, the broker of the difference (CFD), it can be described as a constant year.
On May 21 this year, Malta's Financial Services Authority (MFSA) issued a warning, pointing out that VantageMarkets did not obtain financial authorization in Malta, so he was listed as an unlicensed business entity.
In fact, financial regulatory agencies in many countries and regions have previously been, including the Malaysian Securities Commission (SC), the Italian Stock Exchange Commission (Consob), the Spanish National Securities Market Committee (CNMV), and the Hong Kong Securities and Futures Commission (SFC), They all warned Vantage.
By November, the Dutch Financial Market Authority (AFM) also started an in -depth investigation of VantageMarkets and issued a penalty order due to its lack of investigation.
AFM pointed out that VantageGloballimited illegally provides investment services in the Netherlands in the name of VantageMarkets.
What's more, the Vantage platform is also facing a large number of investors' complaints.
The issue of complaints is mainly concentrated in the aspects of low customer service quality, unstable server connection, difficulty in profitability, and difficulty in withdrawing money.
Recently, the dissatisfaction of investors has concentrated on VantageEliteChallenge (Vantage Elite Challenge) activities, and many investors have said that the event is actually a scam.
According to the official website of Vantage, VantageEliteChallenge is a self -operated transaction challenge. Traders only need to pay a one -time low (starting price of $ 98) to get up to $ 200,000.
However, after becoming VantageeliteTrader, although 80%of profits and refundable fees can be obtained, investors generally reflect that there are many false places in this activity.
Several investors successfully completed the two stages of VantageeliteChallen. However, Vantage refused to recognize and pay their due profits based on the excuse of violation of the rules of the event.
What is even more dissatisfied is that the pre -paid fees paid before participating in the challenge have also been unreasonable by Vantage.
After a short operation, the Vantage platform announced that its VantageLiteChallene event will be fully terminated on November 30, 2024, and a prompt of stopping operations on the homepage of the website will be set up.
However, it is confusing that this notification only appeared briefly when the user visited the page for the first time, and the Vantage website still retains the detailed introduction of the EliteChallenge event, and the user can still register and join the challenge.
This obvious words and deeds have undoubtedly caused investors to seriously question the integrity of the Vantage platform.
Investors participating in the challenge have stated that if Vantage cannot bear the risk of the activity, it should not be easily held.
Vantage uses the guise of preferential activities, but in fact, it is in secret.
Faced with these questions, the Vantage platform has not yet given any reasonable explanation or response.
Therefore, investors must maintain high degree of vigilance and caution when participating in various preferential activities of brokers.Before deciding to participate, be sure to read and understand all the rules of the event in detail, while actively consult the platform to clearly clear the relevant details.Only in this way can we effectively avoid falling into the unknown trap and ensure their financial security.
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