ANSWER Dear Investor,
VTR Trade claims to be incorporated in Saint Vincent and the Grenadines and to maintain an office in the United Arab Emirates (UAE). However, our investigation raises serious concerns about its legitimacy.
First, we searched the register of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines for VTR Trade Limited and found that its registration status is listed as “cancelled.” This indicates the company is no longer in good standing and may not be legally authorized to operate, raising immediate red flags about its current business status.
Second, we checked the databases of the UAE’s primary financial regulators—the Securities and Commodities Authority (SCA) and the Central Bank of the UAE (CBUAE)—and found no record of VTR Trade or any affiliated entity. This confirms that the platform holds no valid license to operate as a broker in the UAE.
We therefore strongly advise you not to invest with VTR Trade, as your funds would be at significant risk with no regulatory recourse.
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