This VINIL review will analyze the broker’s operations, focusing on red flags and tips for recovering lost funds if scammed.
VINIL Broker Overview
- Website: http://www.vinil-fx.com/
- Website Availability: NO
- Headquarters Country: Cayman Islands
- Owned By: Vinil Exchange, Inc
- Blacklisted by: Not recommended by the review website like Fraud Recovery Experts
- Domain Age:
- Name: VINIL-FX.COM
- Registry Domain ID: 2878228067_DOMAIN_COM-VRSN
- Registered On: 2024-05-04T17:58:14Z
- Expires On: 2025-05-04T17:58:14Z
- Updated On: 2025-02-19T07:12:13Z
Signs of Trouble and Accusation by Users
Multiplicity of issues has been voiced from the users’ end concerning VINIL. One user states that the amount of $12,000 USDT was frozen, pending a cash deposit equivalent to that amount for unfreezing. Another complaint recalls that a deposit of $150,000 USD could not be withdrawn, with an extra amount of $48,501.82 demanded by the platform for processing the withdrawal.” These antics are clear examples of fraud.
Suspected Fraudulent License
VINIL claims to be regulated by the National Futures Association in the USA; however, in actuality, VINIL is not under any regulatory compliance. Besides, based on independent assessments, the website earns a very low score, marking it as a potential scam platform.
Is VINIL a Scam?
By looking at the complaints of users, dubious regulatory assertions, and low trust scores on independent reviewing platforms, VINIL shows characteristics common to scam operations. Thus, potential investors are strongly advised to exercise caution and conduct thorough due diligence before engaging with this platform.
Avoid These Popular Online and Financial Scams
Scammers have various ways to get into the minds of people and take away money from them. Here’s the list of scams:
- WhatsApp Scams: Scammers pretend to be officials, friends, or investment consultants. Their task is to lead the victim to invest in fake schemes or attempt phishing.
- Telegram Scams: Scammers create bogus groups and pose as real businesses to promote fraudulent investments, fake giveaways, and Ponzi schemes.
- Ponzi Scams: Their promise is of high returns and low risk, which is paid by new investors to earlier ones until the scheme collapses.
- NFT Scams: Scammers create bogus NFT projects, artificially inflate the price of NFTs, or simply dupe buyers into purchasing worthless digital collectibles.
- Amazon Scams: Fake Amazon representatives trick users into leaking personal details via fake order confirmation emails, refund scams, or phishing websites.
Is VINIL Broker Legitimate?
Using the following aspects, we try to confirm the legitimacy of VINIL Broker:
- Regulation Status: Legitimate brokers are regulated by the SEC, FCA, or ASIC. The lack of regulatory information is a big red flag.
- User Reviews and Complaints: Complaints from dozens of investors regarding lost funds and withdrawal issues point to scamming.
- Transparency and Credibility: Lack of company data, hidden fees, and misleading terms are signs of fraud.
How to Get Funds Back from VINIL Broker?
If you got scammed by VINIL Broker, these steps might help you recover your funds:
- Report to Your Bank or Payment Provider: Refer to transactions made without your permission and file a chargeback request.
- Collect All Evidence: All communications, transaction receipts, and screenshots should be consolidated as proof of the scam.
- Complaint Registration with Financial Authorities: Report the scam to the regulator within your country.
- Consider Seeking Professional Help: Recovery experts can follow the money trail and launch a lawsuit against the fraudulent brokers.
About Fraud Recovery Experts
Fraud Recovery Experts offer assistance to financial fraud victims in recovering their money. Our team of specialists works alongside banks and legal authorities to trace fraudulent transactions and assist them in the process of recovery.
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New fraudulent schemes targeting traders are something we are constantly keeping an eye on across the internet. Having gathered data on scam brokers for over ten years, we hardly can think of any other untrustworthy company in the market. Information about the scammers is provided below from our List of SCAM Brokers.
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