CarbonCapitalFX Review – CarbonCapitalFX Cannot Be Trusted
This dubious offshore brokerage should be approached with caution. CarbonCapitalFX operates under lax regulations, giving them ample room to carry out shady practices.�
Our CarbonCapitalFX review delves into their licensing, trading tools, fees, instruments, and payment methods. Take a look before considering CarbonCapitalFX as your broker.
|Unlicensed Scam Brokerage
|Blacklisted as a Scam by:
|Trident Trust Company (B.V.I.)
|British Virgin Islands
|Yes, BTC, ETH & 28 crypto pairs
|Types of Assets:
|FX, Indices, Shares, Commodities, Crypto
|Free Demo Account:
|Accepts US clients:
Can CarbonCapitalFX Be Considered a Broker With Licensing Compliance?
Upon closer look, CarbonCapitalFX’s website reveals contradictory information about their base of operation. Despite being supposedly run by Trident Trust Company Ltd in the British Virgin Islands (BVI) FSC, their T&C section claims they are operated by Carbon Capital Ltd from Saint Vincent and the Grenadines (SVG).�
Yet, neither regulator is known for strict guidelines for FX brokers. In fact, their lack of requirements, such as minimum capital and fund segregation, makes them risky options. Upon investigating CarbonCapitalFX’s regulation status and numerous complaints, we learned that this is a broker with lax regulation and unethical intentions.�
All in all, we don’t recommend trading with them. You should try and find licensed providers you can trust.
Note that CarbonCapitalFX does not possess licenses from Tier 1 regulators such as the FCA, ASIC, or BaFin. This means the broker lacks Tier 1 regulation, which may pose potential risks to traders.
CarbonCapitalFX is a suspicious offshore brokerage operating under lax regulations in the British Virgin Islands and Saint Vincent and the Grenadines. You should avoid this company.
Traders’ Opinions on CarbonCapitalFX
It is surprising to see that CarbonCapitalFX has a 4/5 rating on TrustPilot, despite many red flags about this broker. There are 4 reviews in total. Some traders may have had positive experiences with this broker. However, it’s critical to take into consideration the overall pattern of negative reviews and shady practices.�
As with any online review platform, it’s crucial to approach user ratings with a healthy dose of skepticism. Moreover, always conduct thorough research before making any investment decisions.
Trading Platform on CarbonCapitalFX
CarbonCapitalFX provides its clients with the option to pick between two trading venues, the popular MetaTrader 5 and its own CarbonTrader. While MT5 offers a solid range of advanced tools and automated trading, one trader reported issues with the platform being slow and the indicators and charting being messed up.�
On the other hand, CarbonTrader appears to be a web-based online platform, but without a demo account, it is difficult to determine whether it has the same features as MT5. However, despite the availability of these platforms, CarbonCapitalFX’s unlicensed status remains a major concern. Bear that in mind.�
What Financial Instruments Does The Platform Include?
CarbonCapitalFX offers a variety of trading instruments. Here is a list of the trading assets available on the platform:
- Forex currency pairs
- Spot metals
- Spot commodities
However, it’s important to note that the broker’s regulatory status may impact trading safety and security.
CarbonCapitalFX Countries Of Service
Uncovering CarbonCapitalFX’s operational presence took a fair bit of investigation. To our surprise, we stumbled upon a list of countries where the broker offered services, despite operating without regulatory clearance. The countries in question were:
- United States
- United Kingdom
- Trinidad and Tobago
However, our findings also indicate potential bogus activities associated with CarbonCapitalFX. Hence, we urge anyone with concrete evidence of such practices to come forward and share them with us.�
What Are The Different CarbonCapitalFX Account Types?
CarbonCapitalFX shows traders two trading accounts to choose from. These accounts are as follows:
- Platinum Account
- Carbon Account
Keep in mind that this broker is suspicious. Investing your money with them won’t be such a wise move.
Can a Trader Use a Demo Account?
If you are looking for a free demo account to familiarize yourself with CarbonCapitalFX’s trading platform, you’re out of luck. The shady company does not offer a demo account, which means you’re forced to open a live account. It’s like jumping into a deep pool without knowing how to swim.
The lack of a demo account not only puts traders at risk but also raises suspicions about CarbonCapitalFX’s credibility. As a suspicious firm, it’s not worth taking the risk. It’s always better to stay safe and opt for a broker that offers a demo account and follows all regulatory norms.
Terms of Service – CarbonCapitalFX
If you take a closer look at CarbonCapitalFX’s web page and terms and conditions, you cannot help but notice an alarming number of discrepancies. It almost seems like the shady broker lifted the document off the internet but failed to make the necessary changes. This resulted in a jumbled mess of legal documentation.
Traders look for transparency and clarity in their dealings with brokers, and CarbonCapitalFX’s lack thereof is a big cause for concern. What’s a further pity, the broker has reserved the right to freeze clients’ accounts at its own discretion.�
Leverage, Spreads, and Fees
We found no evidence of hidden fees, which is a relief. CarbonCapitalFX adheres to offshore leverage standards, capping it at 1:500.�
While this may be enticing for some traders, it’s wise to remember that a high leverage ratio also comes with high risk. So, traders must be careful while trading with such high leverage.�
CarbonCapitalFX – Bonus Program
CarbonCapitalFX offers a 50% deposit bonus as a sign-up incentive. Still, traders must be cautious before accepting such offers from suspicious brokers.�
Such bonuses often come with complex terms and conditions, making withdrawal impossible. It’s crucial to read the fine print before accepting such offers.
What to Do if You Encounter a Problem with CarbonCapitalFX
If you encounter any problems with CarbonCapitalFX, don’t hesitate to reach out to us. Our team of experts is here to help you in any way possible.
If you suspect that CarbonCapitalFX has violated any laws or if you’re facing withdrawal issues, our team can help you get your money back. We understand the importance of your investments and will do everything to ensure you’re fairly compensated.
What Is CarbonCapitalFX?
CarbonCapitalFX is a suspicious forex broker that offers financial services and promises high returns.
Is CarbonCapitalFX a Regulated Broker?
No, CarbonCapitalFX is not a fully regulated broker. It operates without a Tier 1 license, making it a risky choice.
Is CarbonCapitalFX Available in the United States or the UK?
CarbonCapitalFX claims to offer its services in the US and the UK. However, it lacks the necessary licenses to operate there.
Does CarbonCapitalFX Offer a Demo Account?
No, CarbonCapitalFX does not offer a free demo account. Traders must open a live account and invest right away.