About Vast Capitals
About Vast Capitals
Vast Capitals is an entity registered in the United States, with a stated founding date of February 7, 2022. The broker's official domain is vastcapitals.com. According to registration records, its address is listed as Algade 72, Hadsten, Midtjylland 8370, Denmark, and also recreated in Seattle, Washington 98101, USA.
The broker's founding year is noted as 2014 in some records, though its regulatory registration indicates 2022. This discrepancy suggests a need for further verification. Vast Capitals operates without any known regulatory oversight, as no regulators are on file in our records.
Account Types
Vast Capitals offers a tiered account structure with five account types, each requiring a substantial minimum deposit. The entry-level Basic account requires a minimum deposit of $500, while the Pro account requires $2,500. Higher tiers include Gold at $10,000, Bull at $25,000, and the top-tier Dragon account at $50,000.
No maximum leverage is specified for any account type, which is unusual for a broker targeting retail traders. The high minimum deposits indicate that Vast Capitals may be targeting high-net-worth individuals or experienced traders. However, the lack of information on trading instruments and platforms makes it difficult to assess the broker's offerings.
Regulatory Status
Our records show that Vast Capitals holds no regulatory licences from any known financial authority. This is a significant concern, as unregulated brokers do not provide the same level of investor protection as regulated ones. Traders considering Vast Capitals should be aware that they would have limited recourse in the event of a dispute.
The broker's registration in the United States does not automatically imply regulation by US authorities such as the CFTC or SEC. The address in Denmark further complicates the regulatory picture, suggesting possible international operations without clear oversight.
Target Audience
Given the high minimum deposit requirements, Vast Capitals appears to target affluent traders who are willing to commit significant capital. The absence of leverage details and instrument lists leaves potential clients with many unknowns. This lack of transparency may be a red flag for cautious investors.
The broker's website presumably contains more information, but as independent data is limited, traders are advised to conduct thorough due diligence before engaging with Vast Capitals.
Overview compiled by FXCanary from regulatory records and public data. full Vast Capitals review