Scan to download
It is more convenient and faster to find brokers and complain
CapitalFx Club
Regulators:
https://capitalfxclub.com
The webpage of CapitalFx Club looks weird, and we could not find any useful information to check from its website. But according to the evidences we' ve collected, we deem that CapitalFx Club is NOT properly regulated and should be avoided at all events. CapitalFx Club claims to be operated by PRO CAPITAL LTD, a UK-based company regulated by the Financial Conduct Authority (FCA) with firm reference no.164384. However, we considered CapitalFx Club as a clone firm who had been fraudulently using the detailed information of PRO CAPITAL LTD on account of the following reasons.
(Screenshot from CapitalFx Club)
First of all, the one and only approved domain of this regulated entity (PRO CAPITAL LTD), as presented in the register from FCA, is www.procapitaluk.com. Secondly, there is an impressive line on the regulated entity's website, "Pro Capital Ltd is the sole entity that we use for our operations and no other company has been authorized to transact on our behalf." In other words, CapitalFx Club is not authorized as a representive broker or affiliate by Pro Capital Ltd. Therefore, our final verdict is that CapitalFx Club is probably a clone firm who illegally uses the details of regulated firms with which it isn't related in any way.
What's worse, the Italian regulator CONSOB and the Spanish regulator CNMV have successively added CapitalFx Club to the alert list to warn the public that this firm is not authorised to provide the investment services in their countries. You can check full alert or warning from CONSOB and CNMV on CapitalFx Club respectively.
We would recommend you to avoid unregulated brokers like CapitalFx Club and choose properly regulated brokers.
Is Navitas Markets regulated or not?
I'd like to know about the license of Binomo, can you please confirm it for me?
Can I deal with Toptrade? Please confirm it for me.
Is COINEXX legit? I cannot find the regulation on its website, please check it for me.
Is it safe to trade with KENKEFX?How long will it take to withdraw money?
©2018-2024 BrokersView Ltd. All Rights Reserved.
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.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
Comments