CFD Capital Review – All You Need To Know About Cfd-capital.com Broker
CFD Capital is an anonymous online trading brokerage. Since we’ve seen many similars so far, we already know how the fraud goes. Yet, instead of presuming, we did a CFD Capital review and verified all the facts for you.
|Unlicensed Scam Brokerage
|Blacklisted as a Scam by:
|Types of Assets:
|FX, commodities, indices, shares
|Free Demo Account:
|Accepts US clients:
What About CFD Capital Regulation?
CFD Capital broker never disclosed its owner. However, the Terms and Conditions suggest that the governing law is the law of Estonia. This EU country has been exploited by scammers over the years and used as a shelter in the middle of the European Union. While it remains unclear when the country will stop protecting fraudsters, one thing is crystal clear – CFD Capital is not regulated.
Why Is It Important For A Broker To Be Licensed?
A broker needs to be licensed so that you can have financial security. If a company has no license, it operates without any supervision and according to its own free will. Tier1 regulators such as ASIC, FCA, and BaFin obligate Forex firms to have compensation funds to help victims get their money back.
With CFD Capital, you have no guarantees and can easily lose your money.
Traders Reviews of CFD Capital
Customers involved with this broker are not pleased with what they got. Instead of the brokerage providing them assistance and helping them earn a profit, CFD Capital ensured they lost every penny. Once the customer submits a withdrawal request, their balance is immediately drawn to zero, and the company no longer responds to calls and emails.
What Platforms Does CFD Capital Offer? – Available Trade Software
CFD Capital has the slogan “trade on the most popular trading platform.” Of course, it made us believe we were talking about MT4 or MT5. Instead, this broker offers anonymous software that cannot be accessed before depositing your funds. Since we were unwilling to do so, knowing our deposit would be lost right away, we have nothing more to say about this broker’s trading platform.
All About CFD Capital Accounts
If you are still not convinced that the firm is a scam, take a look at the account types and the initial deposit.
- Green – 5,000 EUR
- Premium – 15,000 EUR
- Platinum – 50,000 EUR
- Executive – 100,000 EUR
- Presidential – 250,000 EUR
The main difference is in spread, commissions, and frequency of analysis from the company.
Access To The Broker Demo Account
While theoretically there is a Demo account, you cannot actually access it. You will get an error page if you try, making it impossible for anyone to determine which platform this broker provides.
CFD Capital – Operating Countries
According to our research, the trading company operates mainly in:
CFD Capital Range of Trading Instruments & Markets
The company provides access to the following trading instruments:
- Currency pairs – EUR/USD, GBP/USD
- Commodities – gold, oil, silver
- Indices – NASDAQ, Dow Jones
- Shares – Apple, Amazon, Google
Another significant disadvantage is that the broker doesn’t provide crypto trading.
Besides, noted the names of the ApexCrypt, Global Ventures and UnionMarkets trading scams and avoid them at all costs! By the same token, always analyze the background of online trading companies before investing!
CFD Capital Minimum Deposit
The main reason not to invest with this firm is its initial deposit. The broker requires a minimum of 5,000 EUR to start trading, 20 times more than the industry standard. If you know that legitimate firms have Micro and Cent accounts starting at $10, there’s absolutely no reason to risk 5,000 EUR with this scheme.
Scam Bonus Policy
The company has a bonus policy stating, “Please note non-deposited funds, including profits gained on account of or derived of the same, are not Client’s funds.” So basically, if you get a bonus by default when opening an account and making any profits, there’s no way to distinguish how much of that profit has been made of your own funds and how much of non-deposited funds. Thus, you’re not entitled to profits. It’s just another way to dissuade clients from getting payouts.
CFD Capital Trading Conditions
CFD Capital offers spread starting at 3 pips for EUR/USD on the Green account to 0.5 pips on the Presidential account. Besides, there’s no mention of any additional fees and commissions. Since this firm clearly doesn’t make legitimate profits, we suspect its utmost goal is not to earn from commissions but to get ahold of your entire deposit.
CFD Capital Offers High Leverage
The broker has predetermined leverage of 1:200 on all account types. Knowing that EU and UK regulators have set a limit of up to 1:50 for the Forex market, you can tell how this broker exposes your funds to risk. You have four times more chance to earn a profit but also four times more chance to lose every penny you invested.
CFD Capital Deposit, Withdrawal Methods, and Fees
The company has never listed deposit and withdrawal methods or any fees. Furthermore, there’s no Deposit and Withdrawal Policy where we could get information. If you read the Refund Policy provided in the Legal section, you will find nothing relevant to your profits or deposited funds.
As mentioned, this company requires a minimum deposit of 5,000 EUR, while the minimum withdrawal amount hasn’t been specified.
Scammed by CFD Capital Broker? – Let Us Hear Your Story
If you were scammed by CFD Capital, let us know. Our chargeback specialists will help you file a dispute and recover your funds. Contact us via online chat to book a free consultation, and let’s start working on the chargeback.
But What Is A Chargeback?
This is a way for your bank to recover funds directly from the merchant. For more details, contact us right away, and let’s get back what’s rightfully yours.
What Is CFD Capital?
CFD Capital is an online trading Forex and CFD provider without regulation.
Is CFD Capital a Scam Broker?
The compnay is a scheme firm without a license, operating from an unknown destination.
Is CFD Capital Available in the United States or the UK?
The broker operates in both countries without valid regulations.
Does CFD Capital Offer a Demo Account?
CFD Capital offers a Demo account, but you cannot access it due to a technical error.