vermilion group has been flagged by Financial Services Agency for "Unregistered/Unlicensed entity offering financial products or services". 1. Location of office or Address
19 Waterfront Drive, Road Town, Tortola VG1110, British Virgin Island
2. Content, etc. of Business
Intermediation of OTC derivatives transactions on the internet without the statutory registration in Japan
3. Notes
The name of financial service website operated ... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was contacted by vermilion group through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
I found vermilion group after my brother mentioned them and the initial impression was positive. But for a few weeks now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Easy withdrawals|Clean UI|Multi-device support|Copy trading available
Cons: No phone support on weekends
I gave vermilion group a fair chance. After for the past six months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Two-factor authentication|Smooth onboarding|Demo account available
Cons: No dark mode on mobile|Currency conversion fee exists
My card was charged twice by vermilion group on the same day. I had to dispute it with my bank. vermilion group then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Transparent fees|Quick verification|Responsive team
Cons: Inactivity fee applies after 12 months
If you are reading this considering vermilion group - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Responsive team|Regular updates
Cons: No phone support on weekends|Onboarding videos are outdated
vermilion group changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Full transparency|Segregated accounts|Instant funding
Cons: Research section could be deeper|Inactivity fee applies after 12 months
The platform at vermilion group is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Real-time alerts|Responsive team|Automated trading options
Cons: No phone support on weekends|Charting tools need more indicators
After using vermilion group since mid-2025, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Regular platform improvements|Regular updates
Cons: Onboarding videos are outdated|None so far
After seeing ads for vermilion group online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Services Agency. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status