TokenVault

TokenVault (EU) Ltd, operating under the domain tokenvault.online, is a Cyprus-registered entity established on 19 April 2022. According to our records, the company is registered in Cyprus, though its operational footprint and website presence remain unverified. Our assessment is based on regulatory filings and public registry data, as independent public information about the broker is extremely limited.

In FXCanary's assessment, the lack of a verifiable website or social-media presence is a significant cautionary signal. Traders should approach this broker with heightened scrutiny, as the absence of transparent online information makes it difficult to assess its legitimacy and operational standards.

Our records indicate that TokenVault holds three licences across different jurisdictions: an ASIC Market Making (MM) licence in Australia, a CySEC Derivatives Trading License (MM) in Cyprus, and an FSA Derivatives Trading License (EP) in Seychelles. However, the status of these licences is listed as '—', meaning we could not confirm their current validity or enforcement. The licence numbers are recorded as 335692, 362/18, and SD018 respectively, but we advise traders to verify these directly with the respective regulators.

It is important to note that the CySEC licence (362/18) appears to be a standard number format, but we cannot confirm its authenticity without official verification. The ASIC licence number 335692 is also listed, but again, we have not independently confirmed it. Given the lack of verifiable website presence, we recommend traders cross-check these details with official regulatory registers before engaging with this broker.

TokenVault (EU) Ltd was founded on 19 April 2022, making it a relatively new entity in the financial services space. The company is registered in Cyprus, a jurisdiction known for its regulatory framework under CySEC. However, our records show that the company has zero employees on file, which is unusual for a licensed financial services provider and raises questions about its operational capacity.

The combination of a recent founding date, zero employees, and no verifiable online presence suggests that TokenVault may be a shell company or an entity that has not yet commenced active operations. Traders should be extremely cautious when dealing with such entities, as they may not have the infrastructure to handle client funds securely.

Due to the lack of a verifiable website, we are unable to confirm the specific products and services offered by TokenVault. The regulatory licences on file suggest that it may be authorised to engage in market making and derivatives trading, but the absence of official information prevents us from detailing the account types, platforms, or instruments available.

In the absence of concrete data, we cannot confirm whether TokenVault offers retail forex or CFD trading, or if it operates in other financial sectors. Traders should not assume any specific offerings without official confirmation from the broker itself.

FXCanary's Scam Risk Score for TokenVault is 45 out of 100, which we classify as 'Guarded'. This score reflects the significant red flags associated with the broker, particularly the lack of a verifiable website or social-media presence. While the score is not in the high-risk category, it indicates that traders should exercise caution and conduct thorough due diligence before considering any engagement.

The risk flag specifically highlights the absence of online presence, which is a common characteristic of fraudulent or unregulated entities. We strongly advise traders to avoid depositing funds until they can verify the broker's legitimacy through independent sources and regulatory confirmation.

In summary, TokenVault (EU) Ltd is a Cyprus-registered entity with multiple regulatory licences on file, but its lack of verifiable online presence and zero employee count are concerning. Our review found that independent public information is extremely limited, making it difficult to assess the broker's reliability and trustworthiness.

We recommend that traders approach TokenVault with extreme caution and consider alternative, well-established brokers with transparent operations and verified regulatory status. The absence of a functional website is a critical red flag that should not be overlooked.