Spanish CNMV issued a warning against VT Markets, a broker operating without authorization. The broker's Client Agreement states Vantage International Group Limited, registered in the Cayman Islands, as the operator. This offshore entity is part of the Vantage Group and holds a Caymen Islands Monetary Authority license. The Vantage Group operates other broker brands such as VantageFX, VantageFXoptions, or TradeOnlineProfit via different entities. As a payment processor, we found everpay for bank transfers, for example.