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Contract reading

What Vida Markets legally published, but does not want you to read

Every clause below is published by Vida Markets itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Vida Markets Limited

sole discretionmarketing contradictionoffshoreclient moneyhidden feeprofit voidingregulatory claimunilateral amendmentwithdrawalsbonus lock

Vida Markets advertises regulated CFD trading. Its own footer calls the website services non-regulated, and clause 1.3 says CFDs are unregulated in Anguilla. The FSCA licence shown on the site belongs to a different company, a South African asset manager. The best execution policy admits Vida Markets is the counterparty to every trade, while the account pages sell routing straight to the market.

Back to Vida Markets

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
7
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
13
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
17
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
5

How the 13 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical7
Warning5
Notice1

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 3 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical2 working daysTime to complain. Jump to the clause this comes from.Two business days to object, then the trade stands$10Fee on an unused account. Jump to the clause this comes from.A $10 monthly fee eats money left behind after closure10 working daysWithdrawal limit. Jump to the clause this comes from.Withdrawals return only to where the money came from

What the documents say

13 clauses worth knowing about, worst first, each quoted from Vida Markets's own files

01

Vida Markets advertises regulated CFD trading on its own regulation and licences page. The client agreement tells you the opposite. Clause 1.3 says CFDs are unregulated in Anguilla, and you trade at your own risk.

Why this matters

No regulator supervises the company that holds your money. If it refuses a withdrawal or cancels your profit, there is no ombudsman and no compensation scheme above it.

Exhibit 1CriticalHarder than usual

Note further that CFDs are currently unregulated in Anguilla hence services rendered are subject to no restrictions or exclusions and as such transactions are entered into at your own risk.
Clause 1.3 in Client Agreement, p.4
Read from the broker's site on Archived copyOpen the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026The claim, on Call to action on the English regulation and licenses pageVisit this page on the broker's siteDownload the full size image file
Our own capture of vidamarkets.com, taken on Aug 23, 2026What the contract says, clause 1.3Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC may only call themselves regulated for the activity the licence covers, and must name the entity holding it. Vida Markets applies the word to CFD trading its own contract calls unregulated.

Vida Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

02

The security of funds page tells you a liquidator must return your segregated money ahead of creditors. The risk disclosure notice says you may not get back what you lodged, and may have to take cash instead. Retail clients do keep title to their money.

Why this matters

If Vida Markets fails, the document you signed promises less than the page that sold you the account. That page also claims a Cyprus entity and UK client money rules that no Vida Markets document names.

Exhibit 2CriticalHarder than usual

Any insolvency or default may lead to positions being liquidated or closed out without your consent. In certain circumstances, you may not get back the actual assets, which you lodged as collateral, and you may have to accept any available payment in cash.
Clause 23.1 in Risk Disclosure Policy, p.8
Downloaded from the broker's site on Open the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026The claim, on Arabic security of funds page, insolvency question in the FAQThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of vidamarkets.com, taken on Aug 23, 2026What the contract says, clause 23.1Visit this page on the broker's siteDownload the full size image file
Our own capture of vidamarkets.com, taken on Aug 23, 2026The claim, on English security of funds page, asset protection sectionVisit this page on the broker's siteDownload the full size image file
Our own capture of vidamarkets.com, taken on Aug 23, 2026What the contract says, clause 23.1Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA hold retail money under the client assets rules and belong to a statutory compensation scheme. Vida Markets borrows the language of those rules on its website and names no scheme anywhere.

Vida Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Same clause as Exhibit 9Clause 14.8 is the limit on segregation and the last rung of the dormancy chain at the same time.
03

The STP account page says orders bypass the dealing desk and go straight to the market. The best execution policy says Vida Markets is the counterparty to every trade. It is also the only venue you can trade on, at a price it sets.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Why this matters

Your loss is the company's gain on every position you open. Clause 3.3 also lets it deal on its own account off the back of your orders.

Exhibit 3CriticalHarder than usual

Orders are executed exclusively via a bilateral transaction with us. We are the counterparty to all Transactions, and we will act as principal and not as agent on your behalf.
Clause 2.1 in Best Execution Policy, p.3
Read from the broker's site on Archived copyOpen the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026The claim, on Standard STP trading account page, product descriptionVisit this page on the broker's siteDownload the full size image file
Our own capture of vidamarkets.com, taken on Aug 23, 2026What the contract says, clause 2.1Visit this page on the broker's siteDownload the full size image file
04

If Vida Markets decides your trading abused its platform, it can hand back what you put in and keep the gains. Clause 18.1.9 gives it that power at its sole discretion. Clause 5.3 adds a claw back of profits already paid to you.

Why this matters

Arbitrage and scalping are never defined in the contract. Vida Markets decides what counts, and clause 18.1.5 makes its ruling on any such dispute final.

Exhibit 4CriticalRarely seen

You accept that we can at our sole discretion deem such trading as abuse or manipulation of our Trading Platform and that we at our sole discretion can return your investments without profit or cancel your right to trade on our Trading Platform.
Clause 18.1.9 in Client Agreement, p.21
Read from the broker's site on Archived copyOpen the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026Your money back without the profit, at sole discretion (clause 18.1.9)Visit this page on the broker's siteDownload the full size image file

Our readingMost agreements cap a claw back at the profit from proven abuse. This one voids all profit on the account, sets no test for the decision, and repeats the same power in Schedule 7 with no appeal.

  • Worse together with Exhibit 3Vida Markets sets the price your trade executed at, then judges whether that trade was abusive.
  • Worse together with Exhibit 6Profit can be cancelled while your window to object to the trade is two business days.
05

The client agreement refuses to guarantee that your account stays above zero. The trade copying terms promise the opposite, that you cannot lose more than you invested. Clause 12.3.3 turns a negative balance into a debt due at once.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

Which document wins decides whether you owe Vida Markets money after a gap in the market. Each one claims to override the other, and nothing tells you which applies to your account.

Exhibit 5CriticalRarely seen

However, please note we do not guarantee that your account will not fall into a negative balance, particularly in adverse Market conditions.
Clause Schedule 2, 4 in Client Agreement, p.30
Read from the broker's site on Archived copyOpen the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026Two documents disagree on losing more than you deposit (clause Schedule 2, 4)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia), ESMA (EU)

Firms licensed by the FCA, CySEC or ASIC must give retail CFD clients negative balance protection, so a loss cannot exceed the money in the account. This contract declines to guarantee it.

Vida Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingBrokers usually either grant negative balance protection or refuse it. Here one document grants it, another refuses it, and a third treats abuse of the protection as a breach, so the client cannot tell what they have.

06

You get two business days to object in writing to a trade confirmation. Miss that window and clause 13.6 makes the confirmation conclusive and binding on you. The complaints policy names no independent scheme above Vida Markets.

In plain words

A manifest error means an obvious mistake by the broker.

Why this matters

A pricing error you spot in week two is already closed to challenge. Your two business days run from the confirmation date, not from the day you noticed the problem.

Exhibit 6CriticalHarder than usual2 working days

Each confirmation will, in the absence of a Manifest Error, be conclusive and binding on you, unless we receive any objection from you in writing within two Business Days of the date of the relevant confirmation or we notify you of an error in the confirmation within the same period.
Clause 13.6 in Client Agreement, p.15
Read from the broker's site on Archived copyOpen the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026Two business days to object, then the trade stands (clause 13.6)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client access to an independent ombudsman once the firm has answered. Vida Markets publishes an internal process with no external step.

Vida Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Bonus profits wait on a lot target Vida Markets never publishes

Vida Markets says profits made on bonus equity can be withdrawn once the required lot volume targets have been met. It tells you to read the full terms for those targets. Its legal documents page lists nine files and none of them is a bonus term.

Bonus conditions1 clause flagged

Trade with a deposit bonus and your profits stay locked until you hit a lot volume target. Vida Markets tells you to read the full terms for that target. No bonus terms document exists on its legal documents page.

Why this matters

You cannot work out how much you must trade to release your own profit. Withdrawing early can strip the bonus credit that is holding your open positions up.

Exhibit 7CriticalHarder than usual

No. The bonus credit itself is non-withdrawable. However, profits generated from trading with the enhanced equity are eligible for withdrawal once the required lot volume targets have been met.
Quoted in Deposit Bonuses
Read from the broker's site on Open the reference
Our own capture of vidamarkets.com, taken on Aug 23, 2026Bonus profits locked behind lot targets nobody publishesThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 10An unpublished volume target sits on top of a withdrawal the company can already refuse without giving reasons.

Vida Markets owes you no account of what it earned from you

Clause 9.2 of the client agreement removes any duty on Vida Markets to disclose a benefit, profit or commission made out of your transaction. Clause 6.3 lets it change the fee structure at any time without notice. The spread you pay carries a mark up that the best execution policy confirms and no document quantifies.

Cost disclosure1 clause flagged

Vida Markets does not have to tell you what it made out of your transaction. Clause 9.2 removes that duty for any benefit, profit or commission. Clause 6.3 lets it change the fee structure at any time without notice.

In plain words

Remuneration means payments it receives.

Why this matters

The price you trade at carries a mark up you cannot see or check. Nothing in the contract makes Vida Markets send you a breakdown of it.

Exhibit 8WarningHarder than usual

We will comply with Applicable Regulations binding on us, but we shall be under no further duty to disclose any interest to you, including any benefit, profit, Commission or other remuneration made or received by reason of any Transaction or any related transaction or position.
Clause 9.2 in Client Agreement, p.11
Read from the broker's site on Archived copyOpen the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose all costs and charges to a retail client before they trade. This contract removes the duty to disclose what the firm earned.

Vida Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Money goes back the way it came, or Vida Markets can say no

The Vida Markets withdrawal policy pays out only to the account that funded the deposit, and reserves the right to reject a different destination without providing reasons. Profits above your deposit go out by bank transfer, taking 1 to 10 business days. Clause 12.3.2 adds a delay if the firm decides you have asked too often in one day.

Getting money out1 clause flagged

Money leaves only by the route it arrived on, and Vida Markets can reject a different account without giving reasons. Profits above your deposit go out by bank transfer. Funds take 1 to 10 business days to arrive.

Why this matters

A closed card or a dead wallet can strand your balance while you prove who owns the account. Clause 12.3.2 also lets Vida Markets delay a payout if it decides you asked too many times in one day.

Exhibit 10WarningStandard wording10 working days

At its direction, Vida Markets reserves the right to reject instruction to process return of funds to a different account without providing reasons.
Clause Withdrawals, 2 in Deposit and Withdrawal Policy
Read from the broker's site on Open the reference

Vida Markets can restrict your account without notice or explanation

The Vida Markets AML policy allows it to decline instructions or impose account restrictions without prior notice. It also states the firm may be prohibited from disclosing the basis of a compliance decision. Failure to satisfy a source of funds request can delay a withdrawal, and no clause sets a deadline for the review.

Compliance holds1 clause flagged

Vida Markets can refuse your instructions or restrict your account without telling you first. Its AML policy says it may be barred from explaining why. Missing paperwork on its own can stall a deposit or a withdrawal.

Why this matters

You can be shut out of your own balance with no explanation to work from. The policy puts no time limit on a compliance review.

Exhibit 11WarningHarder than usualNew

Where required by law, regulation, or internal compliance assessment, Vida Markets may decline to process instructions or may impose account restrictions without prior notice.
Clause Restrictions, refusals, and reporting in AML Policy and Compliance Standards
Read from the broker's site on Open the reference

Vida Markets charges $10 a month against money you leave behind

Clause 6.1.5 lets Vida Markets take $10 a month from any balance still sitting in a closed account six months after the relationship ends. The charge repeats against whatever remains, with no floor in the clause. Clause 14.8 then lets the firm release your balance from the segregated account after six years without movement.

Dormant money1 clause flagged

Leave money in the account after the relationship ends and Vida Markets can take $10 a month out of it. Clause 6.1.5 starts that charge six months after termination. It then repeats every month against whatever is left.

Why this matters

Money you forget to withdraw drains away at $10 a month, and the clause sets no floor. After six years without movement, clause 14.8 lets Vida Markets release your balance from the segregated account.

Exhibit 9WarningHarder than usual$10

Where the Client fails to withdraw all balance from their account for a minimum period of 6 (six) months after the business relationship has been terminated, Vida Markets reserves the right to charge a US$10 (or equivalent) inactivity fee every month against existing, remaining, or unclaimed funds for the period thereafter.
Clause 6.1.5 in Client Agreement, p.9
Read from the broker's site on Archived copyOpen the reference

What it costsA $60 balance left behind after closure is fully consumed by six monthly charges of $10.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
6 months after terminationA $10 monthly fee starts against the money still in the account.6.1.5
Every month after thatThe fee repeats against existing, remaining or unclaimed funds.6.1.5
Six years with no movementVida Markets can release your balance out of the segregated client account if it cannot trace you.14.8

Vida Markets appears under four names and two registration numbers

The footer names Vida Markets Limited of Anguilla, company number A000001245, and calls the website services non-regulated. Three PDFs give the registration number as A000001246, and the cookie policy calls the firm Vida Markets LLC. The FSCA licence on the site is held by Vida Global Markets (PTY) LTD, an asset management provider in South Africa.

Who you sign with1 clause flagged

The site footer names Vida Markets Limited in Anguilla and calls the website services non-regulated. Three of the PDFs give a registration number that ends in a different digit. The cookie policy calls the firm Vida Markets LLC.

Why this matters

You cannot tell from these documents which company is holding your money. The FSCA licence shown on the site belongs to a South African asset manager, not to the company you sign with.

Exhibit 12WarningHarder than usual

Vida Global Markets (PTY) LTD, trading as ("Vida Markets"), under Company Number: 2010 / 010222 / 07, is an authorised discretionary asset management Financial Service Provider (FSP) regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 42734.
Quoted in Regulation and Licenses Overview
Read from the broker's site on Open the reference

Anguilla law governs, and Vida Markets can pass your contract on

Clause 4.4.1 puts the agreement and every transaction under the laws of Anguilla, where Vida Markets Limited is registered. Clause 19.8.1 lets the firm transfer the agreement to an affiliate or to a buyer of its business without your consent. You cannot transfer anything without its written permission.

Where you would sue1 clause flagged

Every dispute runs under the laws of Anguilla, where the company is registered. Clause 19.8.1 lets Vida Markets transfer your agreement to an affiliate or a buyer without asking you. You cannot transfer anything without its written consent.

Why this matters

Suing a small Anguilla company from your own country costs more than most accounts hold. You may also end up contracting with a company you never chose.

Exhibit 13NoticeHarder than usual

Subject to the immediately preceding sentence, this Agreement and all Transactions will be governed by and construed in accordance with the laws of Anguilla.
Clause 4.4.1 in Client Agreement, p.7
Read from the broker's site on Archived copyOpen the reference

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The regulation page sells regulated CFD trading while the contract says CFDs are unregulated where the company sits.

Said in public, in English

Open your account with Vida Markets today and experience regulated CFD trading with confidence

Call to action on the English regulation and licenses page

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

In the contract · clause 1.3

Note further that CFDs are currently unregulated in Anguilla hence services rendered are subject to no restrictions or exclusions and as such transactions are entered into at your own risk.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

02

Arabic readers are offered bonuses under FSCA regulated conditions, while the English contract they sign calls the same CFD service unregulated.

Said in public, in Arabic

عزّز هامشك وتداول أكثر مع بونصات الإيداع من Vida Markets. الائتمان غير القابل للسحب يُكمّل رأس مالك لاختبار الاستراتيجيات وإدارة التقلبات، وفقاً لشروط منظمة من FSCA.

Word for word in English: Boost your margin and trade more with deposit bonuses from Vida Markets. Non-withdrawable credit supplements your capital for testing strategies and managing volatility, under conditions regulated by the FSCA.

Opening paragraph of the Arabic deposit bonuses page

In the contract · clause 1.3

Note further that CFDs are currently unregulated in Anguilla hence services rendered are subject to no restrictions or exclusions and as such transactions are entered into at your own risk.

03

The account page promises orders routed to the market, and the best execution policy says every trade is made with Vida Markets itself.

Said in public, in English

An STP account bypasses the dealing desk entirely, aggregating pricing from multiple institutional liquidity providers and routing orders directly to the market.

Standard STP trading account page, product description

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

In the contract · clause 2.1

Orders are executed exclusively via a bilateral transaction with us. We are the counterparty to all Transactions, and we will act as principal and not as agent on your behalf.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

04

The Arabic page promises a liquidator must hand your money back ahead of creditors, and the risk disclosure warns you may not get back what you lodged.

Said in public, in Arabic

نظراً لأن أموال العملاء محفوظة في حسابات منفصلة قانونياً، فهي محمية بموجب القانون. في حالة الإعسار، سيُطلب من المصفي إعادة أموال العملاء المنفصلة إلى أصحابها، بشكل منفصل عن مطالبات دائني الشركة.

Word for word in English: Because client funds are kept in legally segregated accounts, they are protected by law. In the event of insolvency, the liquidator will be required to return the segregated client funds to their owners, separately from the claims of the company's creditors.

Arabic security of funds page, insolvency question in the FAQ

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

In the contract · clause 23.1

Any insolvency or default may lead to positions being liquidated or closed out without your consent. In certain circumstances, you may not get back the actual assets, which you lodged as collateral, and you may have to accept any available payment in cash.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

05

One page calls the accounts untouchable by creditors, and the risk disclosure says you may have to take whatever cash is available.

Said in public, in English

In the event of firm liquidation, these accounts remain untouched by creditors under law.

English security of funds page, asset protection section

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

In the contract · clause 23.1

In certain circumstances, you may not get back the actual assets, which you lodged as collateral, and you may have to accept any available payment in cash.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of vidamarkets.com

What changed quietly

This is our first reading of Vida Markets, so there is no earlier version of this page to compare it with.

  • REWRITTENClause · 2026-02-13 (archived) to Updated March 2025

    The Arabic AML policy dropped the promise to suspend accounts without giving reasons and now restricts accounts without prior notice instead.

    عندما يتطلب القانون أو اللوائح أو تقييم الامتثال الداخلي ذلك، قد ترفض Vida Markets معالجة التعليمات أو تفرض قيوداً على الحسابات دون إشعار مسبق.

  • REMOVEDClause · 2026-02-13 (archived) to Updated March 2025

    The first in first out withdrawal rule, with its worked examples of card and wallet payouts, has been taken out of the AML policy.

The documents this reading is based on

17 files, all published by Vida Markets. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording Vida Markets publishes.

How this reading was done

Every clause above was read out of a document Vida Markets publishes itself

This reading was published on .

Documents
11 of 17downloaded from the broker's site, and 11 read in full
Pages opened
44pages walked to find those documents, footer links included
Older copies
10earlier versions downloaded, 4 identical to the copy we hold by fingerprint
Marketing pages
11public pages set against what the contract says
Languages
AR vs ENthe language it advertises in, against the language it contracts in

Who the contract is with

Vida Markets Limited

You contract with Vida Markets Limited, registered in Anguilla, at No. 9 Cassius Webster Building, The Valley. The client agreement and the governing law clause name Anguilla and nothing else. The FSCA licence advertised on the site, number 42734, is held by Vida Global Markets (PTY) LTD in South Africa, which the footer describes as an asset management provider. That is a different company from the one you sign with. Three of the PDFs give the Anguilla registration number as A000001246 while the footer gives A000001245, the cookie policy calls the firm Vida Markets LLC, and the security of funds page claims a Cyprus entity that no document names.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Nine legal PDFs sit on one page, dated July 2025, and download without an account. The best execution policy states plainly that Vida Markets is the counterparty and the only venue you can trade on, which many brokers leave out. The fair usage policy promises prior notice and a case-by-case investigation before it limits your platform access. The deposit and withdrawal policy commits to processing withdrawals within 24 hours and charges nothing for a bank wire. The complaints policy commits to a 48 hour first response and eight weeks at the outside.

We could not open the privacy policy PDF, so nothing here rests on it. We read the PAMM agreement, the risk disclosure notice and the trade copying terms in part, working through the clauses on fees, withdrawals, discretion and liability rather than end to end. We read the deposit and withdrawal policy and the AML policy on Vida Markets' own English and Arabic pages, and the cookie policy in English only. Two archived copies, of the risk disclosure notice and the trade copying terms, would not open, and no earlier copy of the client agreement exists to compare against. We did not measure how deep in each document these clauses sit.

How to check any of this yourself

Every quote above links to the Vida Markets file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document Vida Markets publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge Vida Markets on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Aug 23, 2026.

If you represent Vida Markets and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on Vida Markets. Whether its licence is real and current is a separate check on the broker profile.

Back to the Vida Markets profile