Legit or scam

Hi. Can you please check Vatna Investment Ptd Ltd Registration No. / Unique Entity Number: 201938805M

Hi,

Thanks for reaching out! I’ve looked into this provider and it seems like a scam.

The reasons are the following:

  • First of all, no regulatory information can be found of the company. Reliable brokers usually have the name of their regulator and license / regulation number shown in their website’s footer.
  • Secondly, the Privacy Policy, Terms of Use and AML policy on Vatna Investment Ptd Ltd’s website only consist of a few bullet points which is way too short. Such legal documents usually contain policies lasting several pages. This raises some serious red flags.
  • Thirdly, their minimum balance requirements are ridiculously high especially given that they lack reputation.
  • Lastly, their Contact Us page is completely empty which is rather unusual for legitimate entities.

So please avoid using Vatna Investment Ptd Ltd and do not send them any money.

If you’re looking for reliable and regulated brokers, you can find them here: https://brokerchooser.com/broker-reviews.

Please let me know, if you have any questions.

Kind regards,
Andris