Hong Kong SFC flags victorycharts.com as falsely claiming to be SFC-licensed
The Hong Kong SFC added victorycharts.com to its Alert List on 29 October 2026, saying the website falsely claims to be a licensed entity under the SFC.
- First reported
- Reports
- 1
Source: sfc.hk · published
What happened
On 29 October 2026 the Hong Kong Securities and Futures Commission (SFC) added https://www.victorycharts.com to its Alert List as a suspicious website. The SFC states that the website falsely claims to be a licensed entity under the SFC. The alert lists four addresses associated with the website: Al Hamra Tower, Al-Shuhada St, Al Kuwayt; 55 Jumaa Bin Kasla Al Rumaithi St, Al Saadah; 10 Paternoster Square, London; and Imam Abdullah Ibn Saud Rd, Ash Shuhada.
How the scam works
The SFC Alert List names suspicious websites and unlicensed activity so that investors can avoid them; an entry does not describe how people are approached or how much has been lost. The SFC adds a general note that suspicious website operators often use names similar to legitimate companies to confuse investors. Its standard guidance warns that dubious websites may offer too-good-to-be-true investment opportunities, such as pre-IPO shares of fabricated companies sold at big discounts or funds with guaranteed multiple returns that do not actually exist. Others are copycat websites imitating reputable financial institutions in order to get investors to pay money or disclose personal information that can later be used against them.
The four addresses spread across Kuwait, Saudi Arabia and London look designed to suggest an international business; addresses on a warning entry are simply those associated with the site and do not show where the operators really are. The key claim, that the site is licensed by the SFC, can be checked on the SFC's public register of licensed persons and registered institutions. If a firm is not on it, it should not be treated as a licensed intermediary.
Source
Securities and Futures Commission (Hong Kong) Alert List entry for https://www.victorycharts.com, added 29 October 2026.
Red flags
- A trading website claiming to be licensed or regulated by the Hong Kong SFC when it is not on the SFC register.
- Several far-flung office addresses (Kuwait, Saudi Arabia, London) that cannot be verified.
- Promises of guaranteed or unusually high returns.
- Pressure to deposit funds quickly into a trading account.
- A business name or design that resembles a legitimate financial firm.
If you were targeted
- 1Check the SFC's public register of licensed persons and registered institutions before dealing with any firm.
- 2Do not deposit money or share ID documents with victorycharts.com.
- 3Check the SFC Alert List and the regulator in your own country before investing.
- 4If you paid, tell your bank or payment provider immediately and keep all messages and receipts.
- 5Report the website to the SFC or the Hong Kong Police and be wary of anyone offering to recover your money for a fee.