Validus is a forex and CFD broker that claims to offer a variety of trading products and services. However, there is growing evidence that Validus is a scam broker. In this article, we will show you the facts to call them scammers and ways to recover the money if you are scammed.
Company Overview
Validus is a capital investment company that offers its investors a 300% return which is quite impossible. Also, they are operating under 3 websites. There is another legitimate company with the same name in Singapore. Our broker is taking advantage of that company and deceiving people.
Their 4 websites are: https://teamvalidus.com; https://teamsvalidus.com/; https://validus-team-official.com/ and https://www.validus.click/start-validus
Does Validus Have Any License?
No, Validus does not have any licenses to operate as a forex broker in any major financial jurisdiction. In fact, if you see their website team details, you will find a strong portfolio of their team and they are real. But, their reality is:
Is Validus Regulated By Any Authority?
No, Validus is not regulated by any authority. They don’t have any regulation but they have a warning from ASIC.
ASIC mentioned and confirmed that this broker is operating without their license and regulation and they are promising investors false promises of 300% returns.
Pros and Cons
Pros:
- Professional website
- Qualified team
Cons:
- Validus is not regulated by any authority.
- There have been reports of customer complaints.
- Warned by ASIC
How Does Validus Reach To Their Prey?
Validus uses a variety of methods to reach out to potential victims. These methods include:
- Spam emails
- Social media ads
- In-person cold calling
Technical Details
Minimum Deposit:
The minimum deposit to open an account with Validus is undisclosed.
Trading Platform:
Validus uses the MetaTrader 4 platform. This is a popular platform that is used by many forex brokers.
Spread:
The spreads offered by Validus are high. This means that you will pay a lot of money in commissions when you trade.
Leverage:
Validus offers high leverage. This means that you can control a large position with a small amount of money. However, high leverage can also magnify your losses.
Packages and Products They Offer
They offer a variety of trading products, including forex, CFDs, and cryptocurrencies. They also offer a variety of account types, each with its own set of features and benefits.
Withdrawal and Deposit Method
This company offers a variety of deposit and withdrawal methods, including credit cards, debit cards, and wire transfers. However, there have been reports of delays and difficulties in withdrawing funds from Validus.
What Do Their Previous Traders Say?
There are many complaints about Validus online. Some people have said that they have been unable to withdraw their funds, while others have said that they have lost money trading with Validus.
Summing Up- Why Should Not You Trust Validus
There are many reasons why you should not trust Validus. Here are a few of them:
- Validus is not regulated by any authority.
- There have been reports of customer complaints.
- Spreads are high.
- The leverage is too high.
- There have been delays and difficulties in withdrawing funds from Validus.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money trading with Validus, you may be able to get your money back through a chargeback. A chargeback is a dispute between a customer and a merchant. If you are successful in filing a chargeback, the merchant will be forced to refund your money.
You can also file a complaint with us. We will provide you with a free consultation and service recommendations to help you in recovering the lost fund.
File A Complaint Against Scam Broker's
Final Thoughts
Validus is a scam broker. Do not invest with them. If you have already invested with them, try to get your money back as soon as possible.
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