VCG Markets Ltd (Mauritius) — review & details
The specific broker licensed through a Zimbabwe exchange is "VCG Markets Ltd", incorporated in Mauritius and licensed by the Mauritius FSC (Licence No. GB22200388) — via a Victoria Falls Stock Exchange (VFEX) partnership since 2024, now overseen by the Victoria Falls IFSC since May 2026. IMPORTANT: a differently-registered company using similar "VCG Markets" branding has been flagged elsewhere for false regulatory claims — confirm you're dealing with this exact Mauritius entity before funding anything.
VCG Markets Ltd (Mauritius)
- The only broker here with any Zimbabwe-based regulatory oversight
- A checkable Mauritius FSC licence number (GB22200388), not just a vague claim
- Local custodial arrangement through CBZ Bank
- A similarly-named entity elsewhere has been flagged for false regulatory claims — verify you have the right one (Mauritius, licence GB22200388) before funding
- Could not obtain a live confirmation directly from the FSC Mauritius public register on this research pass — corroboration is from secondary sources
- The Victoria Falls IFSC is a new regulator (since May 2026) — its track record is short
How VCG Markets Ltd (Mauritius) compares in forex & cfd brokers
| VCG Markets Ltd (Mauritius) | XM | Exness | |
|---|---|---|---|
| Regulated Entity | VCG Markets Ltd, Mauritius (Company No. 188485), FSC Mauritius Licence No. GB22200388 | — | — |
| Products | CFDs on forex, crypto, shares, commodities, indices, precious metals | — | — |
| Zimbabwe Regulation | Licensed via VFEX, overseen by the Victoria Falls IFSC (since May 2026) | — | — |
| Custody | Custodial services handled locally through CBZ Bank | — | — |
| Currency | USD | USD accounts available | — |
| Best For | Traders who specifically want domestic regulatory recourse — verify the entity first | Low-barrier entry with a choice of regulator strength by entity | Traders wanting FCA/FSCA-level regulatory strength |
| Research via VFEX → | Visit XM → | Visit Exness → |
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