According to DaveFinances, CNMV warns of four unauthorised VT Markets-like sites incl. vtmarrkets-ltd.co
According to DaveFinances, citing a CNMV warning of 3 November 2026, four unauthorised sites with VT Markets-like names, including vtmarrkets-ltd.co, lack authorisation in Spain. The CNMV does not call them clones, and no ownership link is established.
- First reported
- Reports
- 1
Source: davefinances.com · published
What happened
According to DaveFinances, citing a warning by Spain's securities regulator, the CNMV, the CNMV on 3 November 2026 listed four unauthorised websites that closely resemble the VT Markets brand: vtmarrkets-ltd.co, web.vtmarkett.com, web.vt-marketsltd.com and web.vtmarket-ltd.com. DaveFinances says they operate under five trading names: VTMARRKETS-LTD, VTMARKETLTD, VTMARKETT, VT-MARKETSLTD and VTMARKET-LTD.
How the scam works
As described by DaveFinances, the CNMV states that the listed entities are not authorised to provide regulated investment services in Spain, including foreign-exchange transactions, or crypto-asset services that require authorisation. The names contain variations of VT Markets, such as extra letters, hyphens and company-style endings like Ltd. DaveFinances stresses that the CNMV does not formally identify these operations as clones of the legitimate VT Markets broker. The warning also does not say whether the sites copied the broker's licences, company documents or marketing, and it reports no customer losses or enforcement against named people.
DaveFinances says that their appearance together in one regulatory warning is confirmed, but shared technical infrastructure or common ownership has not been established. It reports that VT Markets itself issued an advisory on 30 June about fraudulent websites and platforms impersonating its brand, but says that earlier company warning does not establish a connection with the four domains. No such connection is documented in the CNMV's notice.
A name that looks like a known broker is a common way to make an unlicensed site look established. A close variation of a brand, such as a doubled letter in the domain, is easy to miss on a phone. The check recommended by the reporter is to match the exact legal entity and website against official regulatory records and not to rely on a familiar trading name.
Source
DaveFinances (Johan Shamshad), “CNMV flags Monex clone and four VT-like websites”, 3 November 2026, citing a CNMV warning of the same date. Not independently verified by scammers.com.
Red flags
- Four websites with names that resemble VT Markets, such as vtmarrkets-ltd.co with a doubled letter.
- Company-style endings like Ltd added to look like a registered business.
- Offers of forex or crypto-asset services in Spain without CNMV authorisation.
- Multiple near-identical trading names listed together in one regulatory warning.
- A known broker's name that cannot be matched to the exact legal entity.
If you were targeted
- 1Do not deposit money on any of the four listed websites.
- 2Open VT Markets only through the address on its official website and check the exact spelling.
- 3Check any broker on the CNMV register or your own country's regulator before paying.
- 4Treat unsolicited forex or crypto offers from a similar-looking brand with caution.
- 5If you have paid, contact your bank and report it to the CNMV or the police.