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

Here we will examine whether Jupiter is a safe or untrustworthy company in our opinion. Don't miss our full analysis for all the details!

We analyze the website, observe every detail and 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...

Below we will show you essential information about VirtualWealthExchange and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitevirtualwealthexchange.co
🏠 Company*Mentions being part of Ltd & Lead Capital Global Ltd
RegulatoryMentions being regulated in Mauritius, Financial Services Commission 
📧 EmailHe doesn't mention his email
📈 PlataformOwn platform
📌 AddressMentions being located in Mauritius
🕑 Website ageWebsite registered on: 2024-02-25
Company typeCryptocurrency, raw materials, stocks, indices, forex and metals broker

Company: ⚠️ VirtualWealthExchange is owned by Ltd & Lead Capital Global Ltd.

Location: ⚠️ VirtualWealthExchange mention being located in Mauritius, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

We have concluded that there are several characteristics of this company that cause us concern.

What is VirtualWealthExchange?

After having carried out an analysis of the company's website, we can say that VirtualWealthExchange is a: cryptocurrency, raw materials, stocks, indices, forex and metals broker .

Account types

types of accountsMINIMUM INITIAL DEPOSIT
Bronze€10.000
Silver€25.000
Gold€50.000
Platinum€100.000
Diamond€250.000
Premium€500.000
VIP€1.000.000

Information on the web

VIrtualWealth website

Here we show you a screenshot of the VirtualWealthExchange website, which is virtualwealthexchange.co. The capture was made in June 2024.

Contact: phone numbers and email

The company does not provide any contact information, neither email nor telephone number. What does this mean? That there is no way to contact them is an alarming sign. If you have a problem or need to make a claim, you will not have a way to do so. It's really worrying, isn't it?

Regulation of VirtualWealthExchange

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

This company mentions being regulated in Mauritius, this location is used since the regulation of this type of country is practically non-existent. It is almost the same as working with an unregulated broker. That is, if you work with a broker with this type of regulation, unfortunately you are 100% unprotected. Therefore, at the regulatory level, unfortunately VirtualWealthExchange is a completely dangerous and very unsafe broker.

🚫 VirtualWealthExchange final valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important features of VirtualWealthExchange and we have reached the following conclusions about this company:

Location: They mention being located in a VERY UNSAFE location such as Mauritius.

Regulatory: They mention being regulated by a very unserious and, above all, unsafe regulator, such as Mauritius. There is a clear lack of security at the regulatory level.

Please remember that the company has been reported by different financial regulators (in this case the FCA, the UK regulator). Use EXTREME CAUTION.

The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.

VirtualWealthExchange is a broker that offers services in a wide range of financial assets, including cryptocurrencies, commodities, stocks, indices, forex and metals. However, it is important to note that the company mentions being located in a very unsafe location, such as Mauritius.

Regarding regulation, VirtualWealthExchange claims to be regulated by a non-serious and unsafe body in Mauritius. This lack of robust and reliable regulation raises concerns about the safety and security of client funds. Furthermore, the company has been reported by different financial regulators, such as the UK FCA, suggesting significant risks when considering any relationship with VirtualWealthExchange. It is especially worrying that the company does not provide any means of contact, making communication difficult in case of urgent need.

🚨🚨 In summary: For the reasons mentioned, we consider that this company lacks seriousness and security. It is essential to be very cautious in the face of the many worrying signs it presents. 🚨🚨

Updates

News about VirtualWealthExchange:

Date Update – news
June 2024Complaint against VirtualWealthExchange financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

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

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


How to Recover Funds after Being Scammed by VirtualWealthExchange

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 VirtualWealthExchange

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

Are there (recommended) alternatives to VirtualWealthExchange?

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

How can I report VirtualWealthExchange?

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 VirtualWealthExchange trustworthy?

No. VirtualWealthExchange is not trustworthy, it is a very unsafe company: it claims to be located in Mauritius, a location that raises concerns about its security. Although they mention being regulated, the regulatory body mentioned is little known and raises questions about its effectiveness. The lack of contact information suggests a lack of transparency and makes communication difficult if necessary. Additionally, complaints have emerged from financial regulators such as the UK FCA, underscoring the importance of exercising extreme caution when considering any interaction with VirtualWealthExchange.

How to recover money from VirtualWealthExchange?

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.

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.

2 comments on «VirtualWealthExchange: opinion and comments – Is it a scam?»

  1. Years Reply

    They are inviting me to invest, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Anni, thanks for writing about VirtualWealthExchange. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *