How do you view VAHA? Is it legit?

https://www.vahatrade.com/trade

Dear Investor,

VAHA claims to be authorized by multiple regulatory bodies, but our investigation raises concerns about the validity and scope of these claims.

First, VAHA states that Vaha Financial is a trading name of Vaha Financial Services Ltd, registered in Saint Lucia. While we did locate this entity in the Saint Lucia International Financial Centre (IFC) registry, it is crucial to note that this registration does not constitute a forex trading license. The Saint Lucia IFC does not regulate foreign exchange activities, and such registration offers no investor protection in the context of retail trading.

Second, VAHA claims that Vaha UK is authorized and regulated by the UK’s Financial Conduct Authority (FCA) under license number 759206. However, this FCA number corresponds to a company named Vasey & Harris Asset Management Limited. The registered domain of this FCA-authorized firm do not match VAHA’s platform, and its authorised services does not cover retail forex trading.

Additionally, VAHA asserts that Vaha Financial (Pty) Ltd is regulated by South Africa’s Financial Sector Conduct Authority (FSCA). While we did find a company by that name in the FSCA database, the FSCA does not publicly link licensed entities to specific website domains, making it impossible to confirm whether the VAHA trading platform is genuinely operated by this registered entity.

In summary, VAHA’s only potentially valid regulatory connection appears to be with the FSCA, which is an offshore regulator with comparatively limited oversight. Given these findings, we advise extreme caution. If you are considering trading with VAHA, please proceed with heightened vigilance.