ANSWER CapitalPro500 is not a licensed or regulated broker even though it states offers that look good to be true. CapitalPro500 claims it started its business history in 2007. But when we checked its domain, we found it was created in 2020. So how could it start its business in 2007? It is a red flag here.Besides, CapitalPro500 shows its company address is in the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to CapitalPro500 in FCA. The truth is, CapitalPro500 is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like CapitalPro500 and trade with licensed brokers.
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