Every entity in this index passes through the Cointiverse cartography pipeline before it is pinned to the chart. Vaanex enters with its coordinates already flashing: an official warning record sits behind the listing, and the surrounding pattern matches operations our team has mapped many times before.
What the chart shows
Vaanex claims to be a member of Vanex Limited, a liability company licensed and regulated by the Vanuatu Financial Services Commission (VFSC). We indeed found an authorised entity named "VANEX LIMITED", but VFSC provides neither authentication details nor domains of registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of Vaanex. Probing further into this broker, we deem that Vaanex is a scam firm that falsely uses regulatory information of the licensed entity. We downloaded its MT5 platform and noticed that this broker is owned by a BVI-based company named "Vaanex Group Company Limited" rather than "VANEX LIMITED." So Vaanex may be a clone firm of the VFSC-regulated entity. Moreover, we didn't find any matching results in the registers of the British Virgin Islands Financial Services Commission (BVI FSC). So Vaanex is actually not regulated by any financial regulator.
Red flags on the map
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
If you have funds with Vaanex
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.