Vida Markets Review: Allegations of Profit Cancellation and Misuse of KYC Docs

Earned profits after months of losses when trading through Vida Markets, but was denied on a false accusation by the broker? Did the broker fraudulently cause you losses that you found on the Vida Markets login? Have you also encountered incidents of KYC document misuse? Unfortunately, these have been the raging issues for traders here. Many have shared negative Vida Markets reviews online. In this article, we have shared many such complaints. Keep reading!

Top Forex Trading Complaints Against Vida Markets

The ‘Profit Cancellation’ Accusation

While the trader was in losses for months, Vida Markets did not find any non-compliance with trading norms. As the trader earned profits, the broker allegedly claimed that they were illegal. The trader further claimed by saying that Vida Markets is falsely showcasing membership to the financial commission, which has already been withdrawn. Check out the complaint screenshot below.

Vida Markets Disappears After Accepting Deposits, the Trader Claims

Vida Markets allegedly disappears after accepting deposits from traders. In an explosive Vida Markets review, the trader claimed to have lost USD 4,000 as the broker ran away. Here is the screenshot we have found against this complaint.

KYC Data Hacked, Claims the Trader

An individual claimed that Vida Markets stole his KYC documents to obtain vital data. Although it‘s not clear whether the individual is its trader or someone else, the complaint shared definitely needs a thorough review by Vida Markets’ management. Check out the complaint screenshot below.

Vida Markets Review by WikiFX: Detailing Score & Regulatory Status Data

The complaints against Vida Markets demand an urgent review of the operation by the broker management. Meanwhile, the WikiFX team looked into the complaints and carried out a detailed investigation to find out that an ‘Exceeded’ label is marked against Vida Markets. This presents a potential penalty for the broker and investment risks for traders. As a result, the team could only give 2.40 to the broker out of 10.

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