Can you really trust an offshore broker with your money? Especially if it mentions a completely different company in its user agreement? In today’s Vanguard LGC review, we examine a little-known firm that launched very recently. Our goal is to determine whether trading here is a viable option, or entirely pointless due to the high risk of a potential scam.
Brief Overview
- 🖥Official Website: https://thevngrd.com
- ✈️Contact Address: PO Box 1212, Hamhanko, Mutsamudu, The Autonomous Island of Anjouan, Union of Comoros
- 📞Customer Support: +442038935379, support@vanguard-lgc.com
- 🔐Licensing and Accreditation: –
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $1, 1:1000
- 💰Additional Services: partnership program, social trading
Thevngrd.com Examination
Visually, the Vanguard LGC website is a complete failure. There is no proper design or structure. It feels like it was cobbled together in one evening. Just a plain white background, a few basic images, and walls of text with no logic or creativity. There is zero uniqueness or branding — absolutely nothing. In fact, it looks more like a one-page landing site than a proper, multi-page website of a serious brokerage firm.
The site contains only three sections: Trading, Platforms, and Partners. That’s it. No news, no analysis, no educational resources. There is not even a section for licences, team members, or legal documentation. Reputable brokers such as XM, IC Markets, or Admirals all offer full-featured platforms: knowledge bases, news calendars, regulatory links, webinars, blogs, and multilingual support. Here, even the interface is English-only — no other languages are supported.
There is very little information about the company itself. All we are given is the name — Vanguard Legacy Capital, an offshore address in Comoros (PO Box 1212, Hamhanko, Mutsamudu), and a licence number: 15977. Nothing more. Who are the founders? Who is responsible for client funds? Are there any branches? What is the business model? When was the company established?
Nothing about this official website inspires confidence. Therefore, Vanguard LGC cannot be considered a reputable or professional broker. The site contains virtually no imagery — just a handful of generic pictures pulled from the internet at random.
Company Contacts
The contact information is also extremely poor. Vanguard LGC provides only a single email address and a UK phone number. Yet there is no mention of any actual office in the United Kingdom, or anywhere else. Why use a UK number if the company is registered in the Comoros? There is no logic to it.
There are no other communication channels. No live chat. No buttons to “message us on Telegram/WhatsApp”. Not even the simplest contact form, where a user could submit a question or complaint. It seems the company simply does not want to be contacted.
We ran a check on the email address support@thevngrd.com using an email validator. The result was shocking: the system reported that the address did not exist. It is either inactive or completely fake. In other words, even if you try to send a message, it will not be delivered.
Key Conditions
The trading conditions may seem attractive at first — the broker claims there is no minimum deposit required, allowing users to start trading with as little as $1. On the Micro and Standard accounts, they promise spreads starting from 1.2 pips with zero commissions. However, top-tier brokers such as IC Markets or Pepperstone typically offer spreads on EUR/USD rarely exceeding 0.8 pips on standard accounts, and as low as 0.1 on ECN accounts, but with a transparent commission of $3–$7 per lot. Vanguard LGC, by contrast, advertises everything as “free”. That is the cheese in the mousetrap.
On the Zero Spread Account, spreads start from 0.0, with a stated $3 commission. Sounds reasonable, but there is no information about the volume it applies to. Is it per lot? Per order? One-way or round-turn? Not even these basic details are available. No commission table. No breakdown of calculations. Everything is extremely vague.
The leverage is listed as 1:1000 for currency pairs and 1:500 for gold. However, for other asset classes, leverage is not specified at all. There is no contract specification table, where traders can view real-time spreads and swap rates.
Vanguard LGC claims to support the MetaTrader 5 platform. However, there is a serious issue — this company does not appear on the official list of brokers whose accounts can be connected in MetaTrader 5. It seems the platform is being mentioned purely for appearances.
And finally, it is crucial to highlight the broker’s business model, which is not disclosed anywhere. There is no information about liquidity providers, no mention of regulated partners, and no indication of where the quotes come from. This is the hallmark of a dealing desk model, which operates against the client. The broker profits when traders lose. This creates a fundamental conflict of interest.
Exposing Vanguard LGC
Let us break this company down thoroughly. We will examine its licences, registration details, management, and, most importantly, whether this broker can be trusted at all. We will check the legal data, compare it with official registries, and deliver an objective conclusion — is this a scam, or merely a worthless firm making empty promises?
To begin with, Vanguard LGC is indeed listed in the registry on the website anjouanoffshorefinanceauthority.org. This is the official site of the so-called “regulator” of the Comoros Islands. We verified that a company with this name and registration number 15977 does appear as licensed. However, do not celebrate just yet. This listing does not make Vanguard LGC a safe trading platform.
Why not? Because this “licence” offers no client protection whatsoever. It is simply a piece of offshore paper that anyone can obtain for a couple of thousand dollars. The Comoros regulator is not comparable to the FCA (UK), CySEC (Cyprus), ASIC (Australia), or NFA (USA). Those are real regulators that actively monitor brokers: they demand regular reporting, enforce the use of segregated accounts, guarantee fund protection, and ensure compliance with strict rules. The Anjouan “licence” offers none of that, no guarantees, no audits, and no compensation mechanisms.
It is also important to note how recently Vanguard LGC was established. The broker does not publish its founding date anywhere, but the domain of the official website thevngrd.com was registered on 2 May 2025, just one month ago. That is an extremely short operational history.
And that is not all. In the user agreement, another name appears — Bitnixer. Their official website bitnixer.com was created on 8 May 2025, six days after the Vanguard LGC domain. These are two identical websites operated by the same legal entity. Why so many projects? Could there be even more — three or more sites? In any case, this is a serious red flag.
We also discovered an old domain used by the scammers — vang-lgc.com, registered on 8 April. It is no longer accessible, but it appears in numerous scam warnings and exposés. Vanguard LGC is clearly rotating domains frequently. As soon as one of their sites accumulates too much negative feedback online, they abandon it and launch a new one.
What Reviews Do Users Leave?
The number of reviews is not large, but most are overwhelmingly positive. It is safe to say that these are fake comments. They contain no detail about actual trading conditions, nor any proof that Vanguard LGC processes client withdrawals. These fabricated positive reviews should not be trusted.
Conclusions
In this Vanguard LGC review, we have exposed yet another scam operation. The company is registered in an offshore jurisdiction where doing so is extremely easy. However, this registration provides no guarantees of reliability, as the platform could shut down at any moment and vanish with your money. Trading here is highly risky.
Pros/Cons
- The firm is officially registered as a legal entity in Comoros.
- There is no regulation from serious and reputable financial commissions.
- There are several websites with the same design and structure.
- Few reviews on the internet and positive comments are fake.
- The real term of operation is from 2025.
- Non-existent contact details.
This is an outright scam. Do not even consider Vanguard LGC as a brokerage partner. They operate a network of fraudulent platforms designed to con unsuspecting traders out of their money. I have already spoken to one trader who said he could not withdraw $1,000. Support remains silent. That is the reality of this company. Do not take the risk, do not feed scammers with your deposits