Do client funds remain segregated under Viciation custody model?

https://viciation.com/

Dear Investor,

For specific trading details, such as whether Viciation offers segregated account protection, we recommend contacting Viciation support team directly for the most accurate information.

However, our investigation reveals significant regulatory concerns. Viciation claims to be registered in Comoros and regulated by the Anjouan Offshore Finance Authority (AOFA). While a registration exists, AOFA is an offshore regulator with very limited international recognition and oversight, raising serious doubts about the reliability of its regulatory standards.

Viciation also claims to have FCA regulation, which is associated with high compliance standards. However, no such entity appears in the official Financial Conduct Authority (FCA) register, indicating this claim is unsubstantiated.

Additionally, Viciation holds a Money Services Business (MSB) license from the Financial Crimes Enforcement Network (FinCEN). While verifiable, this license does not authorize or regulate forex trading activities.

In summary, Viciation is not licensed by any major financial regulator. Given these red flags, we strongly advise against trading with this broker to safeguard your funds.