About Viciation
Overview
Viciation is an online forex and CFD brokerage that accepts retail clients. The firm presents itself with a London postal address but is incorporated in the offshore jurisdiction of Comoros. Founded in late 2023, Viciation entered the market with minimal public information about its operations, trading terms, or regulatory standing.
Company Background
The broker’s legal entity is Viciation LLC, registered at 1-4 Bury St, London EC3A 5AW, United Kingdom. This address is a known virtual office location often used by multiple businesses, and the company itself reports a headcount of zero employees. The incorporation country is Comoros, and the founding date is November 8, 2023. These details suggest a lack of established physical presence or operational substance.
Regulatory Status
Viciation holds no licenses from any recognized financial regulator. Cross-checks with major international registers, including the FCA, CySEC, and ASIC, confirm the absence of oversight. The broker’s own website does not disclose any regulatory affiliations. Operating solely from Comoros—a jurisdiction with minimal financial regulation—means client funds enjoy no statutory protection, segregation, or compensation scheme.
Trading Conditions
Crucially, Viciation does not publicly detail its trading accounts, spreads, leverage, instruments, or platform options. This opacity prevents traders from evaluating the cost structure or platform reliability before committing funds. The only platform mentioned in user reviews is MetaTrader 5, but the broker itself provides no official confirmation or support details.
Funding and Withdrawals
No information is available regarding minimum deposits, account tiers, or accepted payment methods. User reports indicate that deposits may be solicited through unconventional means, such as contacts on dating websites. Withdrawals, based on available complaints, appear to be systematically blocked, with one victim alleging the loss of €1.3 million and a total inability to retrieve any portion of the funds.
Who Is Viciation For?
Given the complete absence of regulation, opaque operations, and anemic company profile, Viciation is suited only for those willing to accept the highest possible risk—in practice, it appears designed to attract unsophisticated investors who may be susceptible to fraud. Most retail traders, particularly those seeking regulated protection, clear trading terms, or reliable withdrawals, should avoid this broker entirely.
Overview compiled by FXCanary from regulatory records and public data. full Viciation review