ANSWER Dear Investor,
We do not recommend choosing VexPro as your broker, as it appears to lack any valid trading licenses.
VexPro lists information regarding multiple entities across various jurisdictions, claiming that its parent company, Vex Group, has established companies in several countries, including Dubai, Hong Kong, Mauritius, and Seychelles. However, upon checking the regulatory bodies overseeing forex and derivative trading in these jurisdictions, including the Dubai Financial Services Authority (DFSA), UAE Capital Market Authority (UAE CMA), the Securities And Futures Commission(SFC), the Financial Services Commission(FSC) in Mauritius, and the Seychelles Financial Services Authority (FSA), we found no records of any entities belonging to the VEX Group.
The only entity we located was VEX PRO LTD. in the registry system of Saint Lucia International Financial Centre(IFC). Please be aware that this merely indicates its incorporation as an International Business Company (IBC) and does not signify that it has obtained any regulatory authorization or holds a valid financial license. Therefore, we strongly advise you to avoid investing or trading with such an unlicensed broker to protect your financial security.
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