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Culture Capital

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Operating status: SCAM

Website: https://www.culturecapitalth.com/

Broker violations and abnormal records
  • 2022-12-07 The UK FCA Added Culture Capital into Its Warnings

    On 8 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Culture Capital was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/culture-capital

    On 8 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Culture Capital was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/culture-capital
  • 2022-12-11 BrokersView has Reviewed that Culture Capital is an Unregulated Forex Broker

    Culture Capital, operated by Culture Capital LLC, claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), No.1806LLC2022. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.

    Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Culture Capital was providing financial services or products in the UK without authorisation.

    The truth is that Culture Capital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Culture Capital, operated by Culture Capital LLC, claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), No.1806LLC2022. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Culture Capital was providing financial services or products in the UK without authorisation.The truth is that Culture Capital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A

What's the regulation of https://www.culturecapitalth.com/? And please kindly let me know what products I can invest in this dealer.

AstorJunior
Argentina
2022-05-09
ANSWER Culture Capital is owned and operated by Culture Capital LLC, a registered firm with Financial Services Authority St. Vincent and the Grenadines (SVG FSA) that provides retail and institutional Foreign Exchange services to investors trading Forex and Cryptocurrencies as part of their investment portfolio. However, the SVG FSA does not issue any licenses for forex trading or brokerers nor does it regulate or license international companies engaging in such activities. For more details of this broker, you can check our full Culture Capital review. We keep on reminding traders to be wary of offshore brokers in SVG as they don't provide any funds protection as well as withdrawal guarantees. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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