Inability to Withdraw Funds Due to VT Markets Account Freeze

FTI reminds investment enthusiasts that choosing a platform that is Is Huiyuan Foreign Exchange Platform formal?regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.

Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)

FTI APP Receives Customer Complaint: VT Markets Freezes Accounts Preventing Withdrawals.

The complainant revealed: "I had been placing orders and trading normally, initially experiencing losses but later turning profitable. When I attempted to withdraw my funds, VT Markets sent me an email accusing me of money laundering and requesting additional documentation. After submitting the required information, they further demanded bank statements, income proofs, and bank deposits. Eventually, they stopped pretending and accused me of engaging in irregular trading. I argued that I had only been placing orders and trading, which they supposedly took to the market. However, they remained silent on this point and instead instructed me to sign a voluntary waiver of profits, promising to release my principal amount. To secure my principal, I reluctantly signed the document, but my profits continue to be withheld."

Introduction to VT Markets' official website

VT Markets is a financial technology brokerage under Vantage Global Prime, and is also an important component of Vantage Global Prime Group's globalization strategy in Southeast Asia. It is committed to creating a comprehensive and three-dimensional service system tailored to the trading needs of customers in the Asia Pacific region. VTMarkets is subject to multiple regulatory frameworks such as the Australian Securities and Investment Commission (ASIC) and the Cayman Islands Financial Authority (CIMA).

VTMarkets is headquartered in Sydney, Australia and is a subsidiary of Vantage International Group Limited (VIG). With over 10 years of experience and expertise in global financial markets, VTMarkets provides simple and transparent market access and helps our clients achieve financial goals.

VTMarket was established in 2016 and has always adhered to the concept of "innovation makes a difference". It has applied advanced technical support in the retail foreign exchange market to provide customers with excellent trading experience, including real ECN accounts with original spread mobile transactions/payments, as well as a powerful customer base.

VT Markets displays four regulatory platforms on the FTI app. The regulatory status of the Australian ASIC that it claims to hold is under regulation; The regulatory status of ASIC in Australia, CIMA in the Cayman Islands, and FSA in Saint Vincent is over limit operation. The safety of investors' funds is not guaranteed!

FTI risk warning: VT Markets foreign exchange platform has 14 inherent risks; 75 related risks; 49 monitoring warnings. Pay attention to early warning!

VT Markets, FTI APP has a rating of 3.5 and a low credit rating. Investors are advised to stay away!!

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