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Vow Markets (Vowmarkets.com) is another dubious CFDs and Forex scam platform to hit the trading world. VowMarkets is claiming to be a global investment platform offering low spreads. They also claim to have a powerful trading technology with a dedicated customer service team. These claims would be helpful if only the platform was legit and the broker real. Want to know more? Read this genuine and honest VOW MARKETS Review.
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After receiving numerous email complaints from members of this platform, we decided to investigate. Vow Markets is another online trading investment scam which is stealing from investors. During our investigation, we unveiled some damning evidence which we will share with our readers. Before you open an account with these vultures, you need to know what you are getting yourself into. Some of these scam artists are in the business to wipe out your bank account.
We could see why newbie investors fell for this trap, the well-designed website is easy to fall for. Professional scam artists will clone trading websites and make it look like a real trading website. And this is what Vow Markets is doing with their moving images and messages. What you need to know is that we have them by the balls. Thanks to our years of trading experience, we know how to spot a scam from a mile away. Make sure to stay away from this platform or else face some major consequences.
Upon visiting their about us page, we read that Vow is an elite team of experienced traders and finance professionals. What the page fails to do is offer any real information regarding the actual platform. Their contact page also leaves users guessing as they leave an email address and a busy phone number. Where is this platform actually located and where is their main office? Such platforms which don’t have an actual base of operation are scam in the making. No one should trust such a platform with funds.
Anonymity is another sign we are dealing with a scam. Since they claim to be an elite team of professionals, who are they? Why have they failed to give us their actual names? It would be better if we knew who the founding members of this platform are. No one knows the names of people who actually run this platform. These are some of the reasons why investors should stay away from VowMarkets. Vowmarkets is anonymous and can shut down without giving users any notice.
With an anonymous platform, it is clear they don’t have any trading license to show. Their website also fails to have any valid license and registration details. What these scam artists do is create an impression they are licensed by authorities. We did contact different regulatory bodies to check whether this platform is actually licensed. What we found out is shocking beyond words. It turns out some leading regulatory bodies have given a warning for anyone trading with this platform.
Some of the regulatory bodies we reached out to include ASIC, CONSOB, CySEC, FCA, FSC, NFA, and SEC. These are regulatory bodies which have the authority to license any trading entity. Lack of registration means Vow Markets is offering trading services without being regulated. Anyone who signs up with this platform is bound to lose their deposits. The platform does not insure funds as dictated by trading rules. Any deposit made means the platform can use it to do whatever they want.
Top rated brokers are the best alternative when it comes to online trading. Make sure to sign up with industry leading and trusted Forex brokers at all times. Sign up with brokers who are trusted and vetted by the trading community. Sign up with brokers who have a solid online reputation at all times. It is best to choose brokers who are considered by experts as worthy and transparent. Go for brokers who will guarantee your safety when trading at all times. What are you waiting for?
We could not come up with any advantage of associating with this unlicensed platform. Due to their anonymous nature, it is clear we are dealing with a platform which is dishonest. With complaints coming in nearly every day, investors should watch out. Such platforms are a disgrace to the solid trading name. Exposing this platform will be beneficial to newbie traders. Such platforms target newbie traders who don’t have a clue of what trading is all about.
Vow Markets is furnishing users with two different account types to choose from. Accounts are listed as Gold and Silver and don’t have much information on them. No one knows the minimum required deposit to start trading with these accounts. Traders should know that the industry has set $250 as the overall acceptable minimum deposit. Some members are claiming to have been asked to deposit over $5,000 in order to start trading. With such an obscene amount, Vow Markets is simply a scam.
Although VowMarkets is claiming to use MT5 trading platform, we have one problem with the website. Even if you use an acceptable trading platform such as MT4 and MT5, security is still a problem. A broker, you must ensure your platform is fully secure from third party attacks. Without DDoS protection and SSL encryption, hackers can easily take advantage of this platform. Funds are not secure as hackers can take advantage of the security lapse to gain access to your funds.
Another problem we found with this platform is lack of a demo account. A demo account is important especially to newbie traders. Expert traders also use demo accounts when trying out a new platform. Without a demo account, investors are signing up to an unknown and unproven trading platform. Who knows the actual speed of execution that this platform offers? Does anyone know the advanced tools found on the trading platform? These are the questions a demo account helps to answer.
Without a customer support available when you need it, the platform is never going to be helpful. With this day and age, you would expect a platform to have live chat support. In case you need help, you have to write an email which might take months to get a response. The number listed on their contact page is also a blur as it is always busy. Seems like the scam artists don’t want to be contacted by anyone. The fear of being exposed and investigated is why they prefer to have cone way communication.
How can funds be safe with a platform which fails to offer a trading license? With anonymity being their middle name, it is clear we are dealing with a rotten scam platform. Without a trading license, never expect funds to be safe. Compensation should be thrown out of the window as the platform does not participate in a compensatory scheme. What users need to know is that we are dealing with a lousy scam platform. Ensure you stay away from this platform and use approved and recommended tools.
Evidence clearly shows that we are dealing with another online investment scam platform. From failing to have a proper license to numerous complaints, Vow Markets is a scam. Ensure you stay away from this platform by signing up with industry leading and trusted brokers. Make the right move and ignore any calls from their call agents. Vow Markets is another well-scripted scam meant to steal from unsuspecting investors. Thanks to this review, you now know what to expect.
We will be adding this platform to our scam blacklist to ensure no one signs up with this platform.
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Wishing all investors a happy and prosperous trading experience.
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Thanks for the Review. I’m in contact with a Chinese girl who swears by this “Bucket Shop”. It’s quite amusing. She shows me the trading details from her MT5 account, a huge amount of money with ridiculously large trade size and Leverage. She claims to have started with an Investment of $30,000 and has now grown it into over $700,000. From what I can work out by constantly questioning her is she receives “Trade Signals” from “Professional Analysts” and then places her trades. I questioned her about the lack of Broker Licensing. She claims the organisation is registered under the Hong Kong Securities Exchange Commission. Yeah right!
Hi All,
If i have been deposit money to VowMarket, what must i do for get money back?
need Help
I also want to know how to report and file a legal action against them I was injured and I want my money back, if possible of course.
How did you deposit at the this fraud broker?
Hi please contact me. Same situation with me as well. Can you name the girl
The girl I spoke to was called Anna.
Hi please contact me. I have more information
Hi, what info do you have? I wish to get back the money
How do we get in contact? I may have information
WeChat ID nay1048339 (Lin) and ID wxid_jayyded (Alin) beautiful girl in HK, pushing trades from VOW
Hi, I have just found this site. Can you share information? I made also a deposit. 🙁
I have the name of the person who answered me and the address, name of the company they use for deposits,Because I also deposited and want to try to recover, I wanted help because I think my situation will be more complicated, because I am from another country. I await contact, who can help me thank you
same situtaion here. I also made some deposited. I have to sue this faker. first we need to notice to BANK and cyber police and hire lawyer.
[Link Removed] is also using the VOWGROUP SERVER. Beware this all kinds of scam
[Link Removed] also use the vow server. please be aware this kinds of all SCAM. no one know how to sue this faker?
I experienced the same.. the name of the agent is Chen.. after requesting for cashout he/she did not reply anymore.. anyone here knows how to get the earnings?
Chen what? I experience the same
Yes I also was contacted by a “Chen” on Tinder, a CV beautiful girl. When she started talking about trading I knew she was part of a scam as there’s a lot of Chinese girls on Tinder doing this. Then I was talking to a girl called Anna for about 2 months as I strang her along a bit. She seemed very genuine, and very rich, and told me all about her life. I can’t work out if she was real or not but certainly when I checked out Vow and saw they were unregulated, and the comments on some of these websites, I knew it was a scam. They also seemed as if they could manipulate the graphs on their site, but there’s no way you can get money out. When I called it out she broke contact.
My ‘agent’ is also called Chen but in my case it’s a male, so they are obviously using fake names. I reported him and the website to the cyber-police of my country, and I urge everybody else to do the same, no matter who your ‘agent’ from this scam website is
Hi
I Also deposit 28.000 USD and now now found out all is scam and Think money is lost they dont anser me anymore when i asked to get my balance back
Yes they must use fake names and pictures all of Them – Chen or Menglu Li etc etc they even send pictures og “Them “ most likely pictures they found other people i talked with Them on whats app and have The 3 Numbers They used and other information ..very professionel until we see it wAs scam
Hi, can we share information? can you send photos about the girl Li Menglu. I also deposit 22.000 USD
Hi yes i have foto of that woman but all fake identity i Think
How Dani, did you get your money back?
I dont understand how These people Can hide from all this
And why no one Can get Them arrested.
Maybe no one know who they are but one send me account from Switzerland and a name and i have The
3 phone Numbers they used on whatsapp so must be easy to catch Those bad people. The pictures They send of Them most possible of other people ofcourse but The phone Numbers from Hong kong must be possible to finD
For police but what police to contact to contact Well hope some one know what to do to maybe get our deposit back
voici le numéro via lequel on a tenté de m’arnaquer : +86 131 4538 0022
How’s it going Dan. Wondering how the progress went? Did you get your funds back?
I will contact the Police with all the proof i have – i think it must be Hongkong police they have a website https://www2.erc.police.gov.hk/cmiserc/CCC/PolicePublicPage?language=en
hope you all will do the same…..
I can see there is some website who claim they can help us to get the deposit back but they ask for a fee 10-15% of the lost funds and somehow i am not sure if they also are scammers.
Who
Can help me
VOW-asia.com is now registret on a warning list in Singapore.
The chen contacted me again, now say the vow agent has issues, say to go refister another platform call poseidon. Need to activate the account to be able to transfer the fund from vow to this account so as to make normal withdrawal. Drag awhile, ask if can use 3 k to activate, the ans came back as yes. Gave me a time line to finish activate the account. After the deadline, still contact me to activate, if not, my account will be deleted. The chen also ignore all my msg after.
Vowforex Platform scam
Can email me
Who
Can help me
请和我联系
Vowforex Platform scam
@koon
Have you Also been scammed money? Me too a lot I was contacted by a guy on tinder I’m not sure if that’s even their real name then the cust service rep disappeared too. They were all chinese from China. Can you help me?
He’s a scammer… Tinder +Chinese girl or boy= scammer
I stili have money in real account. How can i drawn and now couldt log in.
Total i was invest platform was 13800++ usd. And no answering from wow for dranwing money.
Did you get your money back?
Wow. Back in 2019 I also trusted in a girl I thought was trustworthy. So I invested 21k use. Made some profits, but lost all of it after she suggested to go in the market. She told me before I started trading that she would cover my losses if I lost anything. She had put in 10k usd with my 21k, but she kept asking to put in more “to make the market more stable”. After that loss, she had the audacity to say to steal some from my folks to put back in market. That was over 90% of my bank account. I felt like a complete f**l, but I was naive then. Reading your guys comments I didn’t realize I was the only one who was scammed. I hope you guys get your money back!