✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Virgobanc. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Virgobanc and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitevirgobank.com
🏠 Company*does not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 DirectionFlurstrasse. 30, 8048 Zürich, Switzerland (fake)

⚠️ Virgobanc does not mention the legal name of the company that operates it and the published address does not correspond to any financial company. Clients are unprotected. ⚠️

Account types

Now we will analyze the types of accounts that Virgobanc offers, in this case, we observe that it offers 5 different types of accounts:

Account typeMinimum initial deposit
Basic€250
Silver€5000
Gold€150000
Platinum€100.000
VIP€250.000

Information on the web

Virgobank website

Virgobanc provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.

List of phone numbers

+442034792008

🚫 Final valuation of Virgobanc 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Virgobanc.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about Virgobanc:

Date Update – news
April 2023Complaint against Acer Finance of CNMV.
June 2023According to customer messages, Virgobanc is linked to the company Marcello Circle, SL. and also to the financial education website called Aventigo (aventigo.com)
October 2023Complaint against Acer Finance of CNMV.

User Reviews

[democracy id = ”7022 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Virgobanc.

At the end of the review you will find customer comments.


How to Claim Money scammed by Virgobanc

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Virgobanc

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report Virgobanc?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Virgobanc a scam – is it a scam?

Yes. We believe that Virgobanc is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Virgobanc trustworthy?

No. Virgobanc is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Virgobanc?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to Virgobanc?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

30 comments on «Is Virgobank a scam? Opinions of 2023»

  1. Aeaceli Reply

    I have been scammed by Virgo, Bank, in addition to continually harassed with calls and good words, always polite, and I fell, first 250, then I gained confidence in the benefits and contributed 15.000, when I wanted to get my money back, *I was satisfied with what I contributed*

    That's where the problems began, to collect it I had to deposit a large amount, to give confidence to the Treasury.

    When I realized,,I tried by phone]by emails,,,nothing.

    So I provided all the information I had and reported it to the Casca Ertzaina police, which is where I live. The report has been going on since August and I haven't heard anything, but I'm still blocking calls from them. It's a stressful situation.

    • Recommended-brokers.com Reply

      Hello Aeaceli, thank you for writing about Virgobanc. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hello MJ, thanks for writing about Virgobanc. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their clients (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

  2. s.moreno Reply

    I have already discussed it with them, but I have not yet passed the graph to them, this is what Pedro tells me:

    Surely the complaint from Álvaro's friend will have entered Gati and will have crossed paths with some other investigation.
    The small police stations ask the UCIC for support so that they can look at it, but if we want to be realistic with Álvaro's friend... any recovery of money is practically impossible due to the complexity of the jurisdictions and court requests.
    The best of course, do not spend more money on Spanish lawyers or on alleged foreign lawyers who will contact you saying that they will return every penny of your money, but that they make a forecast of funds beforehand (they are the same scoundrels).
    If you can
    @Pablo Navarro
    Send me the info you have and next Wednesday I'll take a look at it, but it will be typical... consolidation of victim funds from (Coinbase, Binance) that go to Huobi mules mostly... to deposit addresses of several million dollars.
    The scam of the century.
    But there are several organizations.
    They are Call Centers from Eastern Europe, whose dome is in Israel

    • Recommended-brokers.com Reply

      Hi s.moreno, thanks for writing about Virgobanc. This broker is considered a SCAM. The CNMV (Spanish Financial Regulator) has put a notice on them, for lack of regulation and for deceiving their customers (See CNMV link).

      We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.

      If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

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