The OSC has flagged Vantage Global Limited (monetamarkets.com). This is a serious reason to stay away from Vantage Global Limited (monetamarkets.com), since the OSC carefully looks into every broker it issues warnings about. If you have an account with Vantage Global Limited (monetamarkets.com), request a withdrawal. If you are considering whether to open an account with Vantage Global Limited (monetamarkets.com), look for a broker–one with a solid license and reliable reputation.
What Is the OSC?
The OSC stands for the Ontario Securities Commission. This financial regulatory body is responsible for oversight and checking compliance with financial regulations. It oversees financial companies such as insurance agencies, banks, and brokers. If these companies fail to comply with regulations or have no license, the OSC will issue a warning.
What Are Some Problems with Vantage Global Limited (monetamarkets.com)?
The fact that Vantage Global Limited (monetamarkets.com) appears on the OSC’s watch list indicates that it must have at least one of the following serious problems.
It’s likely that Vantage Global Limited (monetamarkets.com) has ambiguous licensing. It may have a weak license that has no oversight, no license at all or it may be operating beyond the confines of its license and it could be offering to trade assets in regions it isn’t authorized to do so.
Vantage Global Limited (monetamarkets.com) may have stretched the truth about the kind of returns its clients get and may have made some guarantees that were beyond its control. Brokers don’t command markets, so there is no way they can promise returns or tout future success. It may also not have been transparent about fees and charges.
Lack of Transparency
There seem to be some missing details about Vantage Global Limited (monetamarkets.com). This is related to its identity, location, contact information, credential, and company history. It’s important to be an open book when dealing with people’s money, but Vantage Global Limited (monetamarkets.com) details seem to fall short.
Lack of access to accounts can’t be justified. Perhaps there are short-term tech problems or security concerns, but charging huge fees for account access or holding up withdrawals for an unlimited time is highly suspicious.
The OSC issues warnings about brokers that have been the subject of many complaints. Since Vantage Global Limited (monetamarkets.com) has been flagged, it’s clear that many customers have complained about unsatisfactory services. These claims have been investigated and validated and can be believed.
Have You Lost Money to Vantage Global Limited (monetamarkets.com)? Talk to Us!
ReportScamOnline experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid the scam brokers mentioned here and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will launch an investigation that will bolster your claim.