Capital Index Fund intrigued us with the perfect website they’ve created. To be honest, something like this could lure anyone into investing. However, we’ve checked some basic information, and this is where we started questioning the company’s legitimacy.
Read our Capital Index Fund review for further information.
Broker status: | Offshore Broker |
Regulated by: | Unlicensed brokerage |
Scammers Websites: | capitalindexfund.com |
Blacklisted as a Scam by: | N/A |
Owned by: | MC Pro Trading LLC |
Headquarters Country: | Saint Vincent and the Grenadines |
Foundation year: | 2021 |
Supported Platforms: | Web trader |
Minimum Deposit: | $250 |
Cryptocurrencies: | No |
Types of Assets: | FX, commodities, indices, shares |
Maximum Leverage: | 1:200 |
Free Demo Account: | No |
Accepts US clients: | Yes |
Site Grid: | www.capitalindexfund.co |
What About Capital Index Fund Regulation?
Despite looking terrific, the Capital Index Fund broker is not regulated. The brand is owned by MC Pro Trading LLC and is based in Saint Vincent and the Grenadines. This offshore country has an FSA register, but not an official financial regulator. Companies should opt for a license in service countries, meaning with Tier1 regulators.
Unfortunately, the company didn’t go that far, leaving it unlicensed. And this means that your funds are at risk.
In addition to the above, we strongly advise you not to invest in Ruby Finance, Xpoken and LeumInvest fraudulent brokers.
Trading Software Overview
The Capital Index Fund offers a proprietary Web trader with 30 indicators, 24 charts, and 9-time frames. It’s forcing clients to use a PC as we haven’t seen anywhere that you can log in using your mobile device. Everything has to go through Linux, macOS, or Windows web browser.
However, the button wasn’t active once we tried to launch it. Does it mean that clients cannot access their trades, or it’s a temporary bug? We’re unable to tell. However, if a broker offers just a Web trader, not an MT4 or MT5, and even this platform has problems, you should know that something is suspicious.
Withdrawal Issues Details
Of course, after having issues logging in to the platform, we were not surprised to hear about issues with withdrawals. To place a payout request, you should be able to log in to the platform and access your funds first. From all the Capital Index Fund reviews, we’ve learned that the company is never approving withdrawal requests since they’re well aware that no regulator is supervising their activities, and they won’t be punished for their actions.
Pay Extra Fees Before Withdrawals
Another significant issue is that clients are asked to pay out bank fees and taxes before withdrawing money. The Capital Index Fund requests them to pay the money upfront before the withdrawal request is approved. As you can guess, it’s yet another scheme method to extort the last funds from innocent clients and vanish.
You will not see a penny back even if you pay the requested amount, which is never less than 30% of your profit. Be careful with Capital Index Fund trading scams.
Areas Of Capital Index Fund Scam
According to complaints, most company scam victims live in New Zealand, the UK, Singapore, Switzerland, and Norway. Since the broker is offshore and not regulated, you can fall victim wherever you are. So choose carefully which trading offers you are going to accept.
Traders on Capital Index Fund Scam
All CapitalIndexFund.co reviews are negative and for good reason. Traders are massively complaining about the inability to get withdrawals, while account managers are constantly pressuring them to invest more and more. There’s nobody who would want to say something good after being scammed for significant amounts of money by an offshore firm.
How Does Online Trading Scam Work?
Online trading scams usually start after seeing an ad on Facebook or other social media. The broker presents itself as the best place for investing your money while you’re being promised certain returns.
After you make an initial deposit (in the case of Capital Index Fund, it’s $250), an account manager will assign you whose job will be to take everything you have. Once they do, your account will be suspended and you won’t be able to reaccess your money.
Also remember the names of the GXCM, Top-Respect and Capital com trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Scammed by Capital Index Fund? – Tell Us Your Story
If you have been scammed by the Capital Index Fund, let us know. We’re here to hear you out and help you with the chargeback process.
But What Is A Chargeback?
A chargeback is a way for your bank to reverse the fraudulent transaction and get your money back. Instead of letting scammers run with your hard-earned money, contact us via online chat now and book your free consultation!
What Is a Capital Index Fund?
This is an illegal online Forex and CFD trading provider and Illicit trading company.
Is the Capital Index Fund A Scam Broker?
The Capital Index Fund is based offshore and has no regulations.
Is the Capital Index Fund Regulated?
No, the broker is not regulated and operates illegally.