Arb-capital was a broker hard to investigate. Due to a lack of basic information on the company, we’ve been through a struggle trying to figure out who’s behind an entire operation.
Read our Arb-capital review and check out what we found out.
|Broker status:||Offshore Broker|
|Regulated by:||Unlicensed brokerage|
|Blacklisted as a Scam by:||FINACOM|
|Headquarters Country:||Saint Vincent and the Grenadines|
|Supported Platforms:||Web trader|
|Cryptocurrencies:||Yes – BTC, ETH, EOS – total 6|
|Types of Assets:||FX, stocks, commodities, indices, bonds, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||No|
Arb-capital Regulations and Security
Arb-capital is an anonymous brand from Saint Vincent and the Grenadines. We have no relevant information regarding the broker’s ownership or regulations. However, since SVG itself has FSA that is just a register and not a regulator, and brokers should opt for the regulation in the country of service, it’s clear that Arb-capital broker is a notorious scam.
Arb-capital Warnings From Financial Regulators
After too many complaints, an independent regulator from Hong Kong, Financial Commission, or FINACOM published an official warning against Arb-capital, accusing them of conducting a scheme. Yes, we agree that FINACOM is not a government body, but if too many people scream “Wolf”, it usually is a wolf.
Fund Withdrawal Issues
Besides unusual fees Arb-capital is charging, we are coming to the issue of fund withdrawals.
In the first place, there’s no minimum deposit clearly disclosed, meaning you are blindly going into fraud. Once you make this initial deposit on any amount you’ve been asked for, your struggle will start. According to Arb-capital reviews, the broker approaches clients each month for more and more funds while delaying withdrawals. There’s always a better opportunity and more money to make.
If clients become too persistent, their money simply disappears due to poor investment advice given by the company’s account manager.
As per FINACOM’s warning, you could already conclude that many people have reported Arb-capital brokerage as fraud. Besides withdrawal issues and undisclosed trading conditions, clients are complaining about broker’s web trader. It seems the trader has a lot of lags and delays, which is unacceptable when trading and exposing your money to the market.
How Does Online Trading Scam Work?
Being involved with offshore brokers can result in one way only – losing your funds. Whether you will provide the company with your card details and your funds will be wiped out, someone will connect to your PC via AnyDesk and take the money, or you will be a victim of good old persuasion, your money will disappear. And once you want it back, it won’t be possible.
If you’re considering trading, find a broker that is regulated by Tier1 bodies such as FCA and ASIC.
Scammed by Arb-capital?
If you’ve fallen victim to an Arb-capital scam, let us know. Our team of experts will help you file a dispute and request a chargeback.
But what is a chargeback?
It’s a way for your funds to be retrieved if you are scammed online. Contact us via online chat and book free consultation. Our team will provide you with all the necessary information.
What is Arb-capital?
Arb-capital is an online trading brokerage based in Saint Vincent and the Grenadines.
Is Arb capital a scam?
Arb-capital has been blacklisted by FINACOM for fraudulent activities, meaning it’s not a legit broker.
Is Arb capital regulated?
Arb-capital has no regulations or authorization to provide financial services anywhere.