Home -
Exposure -
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
TMGM
FOREX.com
HFM
Pepperstone
octa
SECURETRADE

7,000 USD lost! Is VOCO CAPITAL MARKET a scam?

WikiFX | 2024-01-17 18:17

Abstract:Investors are constantly seeking opportunities to grow their wealth. Unfortunately, not every venture turns out to be as lucrative as expected. One such case has recently surfaced involving VOCO CAPITAL MARKET, where a victim named Sanjeev claims to have lost a staggering 7,000 USD. In this article, we delve into Sanjeev's unfortunate experience and explore whether VOCO CAPITAL MARKET is a legitimate platform or a potential scam.

img_v3_0276_960ec92f-bd47-44f6-928e-b67c01bed4ag.jpg

Investors are constantly seeking opportunities to grow their wealth. Unfortunately, not every venture turns out to be as lucrative as expected. One such case has recently surfaced involving VOCO CAPITAL MARKET, where a victim named Sanjeev claims to have lost a staggering 7,000 USD. In this article, we delve into Sanjeev's unfortunate experience and explore whether VOCO CAPITAL MARKET is a legitimate platform or a potential scam.

About VOCO CAPITAL MARKET

image.png

VOCO MARKETS is a young broker registered in Comoros. This broker does not hold a legitimate license, which means this broker is unregulated. WikiFX has given this broker a low score of 1.07/10.

Complaints

image.png

Case in Detail

Sanjeev, a 30-year-old individual from the UAE, shares his disheartening story of falling victim to what he believes is a scam orchestrated by VOCO CAPITAL MARKET. According to him, his friend Harshika persuaded him to open an account with the broker. Upon Harshika's recommendation, Sanjeev registered with VOCO CAPITAL MARKET and proceeded to deposit 7,000 USD into his trading account.

Sanjeev states that he engaged in trading activities based on the advice provided by VOCO CAPITAL MARKET's financial advisor Ali. Following Ali's recommendations, Sanjeev executed trades that unfortunately resulted in the complete loss of his 7,000 USD investment. Distressed and frustrated, Sanjeev is now seeking assistance for the refund of his entire investment.

image.png
image.png
image.png

Conclusion

To determine the legitimacy of Sanjeev's claims, it is essential to conduct a thorough investigation into VOCO CAPITAL MARKET. Various factors need to be considered, including the broker's regulatory status, customer reviews, and any history of regulatory actions or warnings.

Investors should exercise caution and conduct due diligence before engaging with any online trading platform to protect themselves from potential scams.

img_v2_ff2b99dc-3016-43b7-b9d9-35658d24d40g.png
Broker

Related broker

No Regulation
Voco Markets
Company name:Voco Capital Limited
Score
1.37
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.37

Read more

VOLNEX Exposure: Withdrawal Denials, Fund Loss & Platform Glitches

Did you witness wrong price movements on the VOLNEX terminal, which led to your forex trading account being blown away? Did you face massive capital losses on the platform? Does the broker constantly deny your fund withdrawal applications? Do you feel like taking legal assistance to recover your funds? You may just have to go legal in light of these trading complaints that are on review platforms. We have shared some of these complaints while drafting this VOLNEX review guide. Read on as we share them out.

Original 2026-02-26 22:46

Modmount Review: Examining Allegations of Fund Withdrawals & Capital Scams

Did you find the Modmount withdrawal support team incompetent to handle your requests? Did your constant follow-ups with it only result in generic responses? Did the lack of a stop-loss arrangement make you lose all your capital? Have you witnessed the liquidation of forex positions due to the broker’s negligence? Many traders have reported these on broker review platforms such as WikiFX. This Modmount review article highlights some of the complaints against the broker. Keep reading!

Original 2026-02-26 21:35

UPFOREX Regulatory Status: A 2026 Deep Dive into Its Licenses and Risks

Before trusting any forex broker, checking if it's legitimate isn't just a good idea – it's the most important step to protect yourself. The excitement of financial markets can make people forget about safety, but a broker's regulatory status is the foundation that keeps traders safe. This article gives you a thorough, fact-based investigation into the UPFOREX Regulation status for 2026. Our research uses publicly available information, mainly from WikiFX (a global broker checking platform), to give you an objective and honest view.

Original 2026-02-26 19:21

Is UPFOREX a Real Company? Checking If This Trading Platform Can be Trusted

The question "Is UPFOREX legit?" isn't just something people ask casually - it's about finding safety and security. For anyone who trades online, the biggest fear is exposing capital to a fake company. You've probably heard about UPFOREX, looked at what it offers, and felt unsure about it. This feeling makes sense and shows you're smart. In this detailed investigation, we'll look past fancy marketing and personal opinions. We'll do a careful, fact-based study using public information about regulations to give you a clear answer. Our goal is to give you the facts you need to make a safe choice. To save your time and answer your main question right away, our conclusion is clear from the start: Our research shows that UPFOREX works without any proper financial rules for forex trading and shows many warning signs that are typical of risky, untrustworthy brokers. The evidence shows an unacceptably high level of risk for any trader thinking about using this platform.

Original 2026-02-26 18:39

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
TMGM
FOREX.com
HFM
Pepperstone
octa
SECURETRADE

WikiFX Broker

Vantage

Vantage

Regulated
HFM

HFM

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
VT Markets

VT Markets

Regulated
Exness

Exness

Regulated
Vantage

Vantage

Regulated
HFM

HFM

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
VT Markets

VT Markets

Regulated
Exness

Exness

Regulated

WikiFX Broker

Vantage

Vantage

Regulated
HFM

HFM

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
VT Markets

VT Markets

Regulated
Exness

Exness

Regulated
Vantage

Vantage

Regulated
HFM

HFM

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
VT Markets

VT Markets

Regulated
Exness

Exness

Regulated

Latest News

Spotware Refines cTrader Infrastructure as Broker Ecosystem Expands

WikiFX
2026-02-24 14:20

CME Group Moves to 24/7 Trading for Digital Asset Derivatives

WikiFX
2026-02-24 14:30

Is The US Dollar About to Crash?

WikiFX
2026-02-24 21:00

Is AssetsFX Safe or Scam: Looking at Real User Feedback and Complaints

WikiFX
2026-02-24 12:53

Trump Defies Supreme Court with 15% Global Tariff; Record Retail Flows Buffer Market Impact

WikiFX
2026-02-24 13:40

Retail FX Insight: Volatility Squeeze and Regulatory Risks Persist as iFOREX Eyes IPO

WikiFX
2026-02-24 14:10

$128M Crypto Scam: Chinese Suspect Nabbed in Thailand

WikiFX
2026-02-24 11:51

Is Cabana Capital Safe or Scam: Looking at Real User Reviews and Common Problems

WikiFX
2026-02-24 14:17

The Trading Pit Launches Regulated Brokerage Unit 'TTP Markets' in Strategic Pivot

WikiFX
2026-02-24 16:20

Prop Trading Industry Pivots to Futures to Secure US Market Access

WikiFX
2026-02-24 15:20

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Lite Stack Options

Lite Stack Options

Premium Binary FX

Premium Binary FX

MT5EXPO

MT5EXPO

Fxcompliance

Fxcompliance

Pythagon Expert Option

Pythagon Expert Option

GLOBAL TRADE ASSETS

GLOBAL TRADE ASSETS

Viveifinservices

Viveifinservices

FUBON

FUBON

Billion Capitals

Billion Capitals

GFX

GFX