Am I being cheated?

Is a legitimate broker, allegedly operating under ICE Trade Vault Europe Limited? Thanks for your reply!

Hey there,

Thank you for reaching out. After conducting some research on Vault Trade, I believe it’s a scam broker. Please don’t use them and don’t send them any money.

The reasons are the following:

  • Firstly, no regulatory information can be found of the company. Reliable brokers are regulated by top-tier regulators and have the name of their regulator and license / regulation number shown in their website’s footer.
  • Secondly, there is no information about the background of the broker.
  • Thirdly, their Terms & Conditions and Privacy Policy is suspiciously short which is usually a red flag.

I recommend checking the following article where we collected a few basic warning signs that can help you spot possible scammers and keep your investments safe:

Also, you can find reliable and regulated brokers here:

If you have any further questions, please let me know.

Kind regards,

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