FinanceCapitalFX Review – How We Uncovered Scam
FinanceCapitalFX Review – How We Uncovered Scam

FinanceCapitalFX is a relatively new broker on the financial market but has already defrauded many. The company falsely claimed to be based in Cyprus, but once clients started asking for their CySEC regulation, they gave up on it, leaving us without any information. Read this FinanceCapitalFX review for more details.

Broker status:Unregulated Broker
Regulated by:Unlicensed Scam Brokerage
Blacklisted as a Scam by:N/A
Owned by:FinanceCapitalFX Trading Group
Headquarters Country:N/A
Foundation year:2022
Supported Platforms:WebTrader
Minimum Deposit:250 EUR
Types of Assets:FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage:1:100 / 1:500
Free Demo Account:No
Accepts US clients:Yes

What About FinanceCapitalFX Regulation?

While the company claimed to be Cyprus-based, many assumed it was regulated by CySEC. Being one of the Tier1 regulators, this authority body wouldn’t allow fraudulent firms on its territory. Or so we thought. However, when too many people raised this question, FinanceCapitalFX simply deleted this information leaving us with no answers about headquarters.

Why Must A Broker Have a License?

A broker must have a license, preferably Tier1, to follow regulatory rules and ensure that your funds are safe and secure. Since FinanceCapitalFX is obviously not a legitimate firm, every penny you invest with this broker is at risk.

On top of that, we want to invite you to read our recently updated reviews of the scam brokers�MetaFMI,�Wizard Capitals�and�Ortegazak. Be careful with these brokers.

Traders Reviews About FinanceCapitalFX

The majority of FinanceCapitalFX reviews are negative. Clients express their issues, starting with a lousy trading platform and the inability to withdraw funds. Most clients say the firm prompted them to download AnyDesk or TeamViewer and steal their funds directly from their online banking.

What Platforms Does FinanceCapitalFX Offer? – Available Trade Software

FinanceCapitalFX offers a proprietary WebTrader accessible only via the web browser.�

WebTrader FinanceCapitalFX

Once you click on the “Launch Trader” button, you will see an error stating, “The page can’t be found.” Therefore, we’re unsure if the broker has any platforms to provide or if it’s just a nice story to lure you into depositing the funds.

Note that many fraudulent websites are waiting for your deposits and vanishing. Moreover, we always advise you to invest with a firm providing MT4 or MT5.

All About FinanceCapitalFX Accounts

FinanceCapitalFX Accounts

Clients can choose between 3 account types.

  1. Standard – 250 EUR
  2. Premium – 2,500 EUR
  3. Luxury – 25,000 EUR

The main difference is in spreads and commissions, while higher accounts have dedicated financial advisers too.

Does FinanceCapitalFX Have A Demo Account?

The trading company doesn’t have a Demo account, so you have to risk investing if you want to check whether the firm is a real trading platform.

FinanceCapitalFX – Countries Of Service

From all we know, FinanceCapitalFX mainly operates in:

  • Canada
  • UK
  • Spain
  • Italy

However, this illicit firm has no restrictions, so be careful wherever you reside.

FinanceCapitalFX Range of Trading Instruments & Markets

The broker offers to trade on the following markets:

  • Currency pairs
  • Commodities
  • Indices
  • Shares
  • Cryptocurrencies

Note that investing with unregulated brokers is risky, no matter how good their offer might be.

At the same time, avoid scammers such as�EuroTrades,Inertia Finance�and�Trading 360. However, If possible, tell us about your scam experience.

FinanceCapitalFX Bonus Policy

This investment firm aggressively forces its bonuses. Any place you navigate through the website, you will see that the company gives a first deposit bonus. Of course, this money doesn’t come for free. Once accepted, you will not be able to withdraw your profit before reaching the bonus plus the deposit amount 25 times.

About FinanceCapitalFX Trading Conditions

The company hasn’t specified spread, but fees are pretty high. Clients will have to pay 3.20 EUR per lot for the Premium account, and for the Luxury account, 8.70 EUR per lot. Based on this, we assume that these accounts have a lower spread, unlike the Standard account, which has no commissions and the highest spread.

Leverage FinanceCapitalFX

As you can see from our table above, we’re unsure about the leverage. The Account Types section suggests that each account has a fixed leverage of 1:100, while the Platform section indicates that you can get up to 1:500. Whatever is true, it’s against a regulatory standard, so be careful.

FinanceCapitalFX Deposit, Withdrawal Methods, and Fees

FinanceCapitalFX accepts debit/credit cards and wire transfer deposits. The same methods are available for withdrawals, with the minimum for cards being 100 USD/EUR and for wire transfers 250 USD/EUR. On top, you’ll have to pay a 25-unit fee for card withdrawals and 50 units for bank transfers.�

The company has a clause stating:

“Please note that we are not committed to any time frame and that any additional charges imposed by third parties shall be deducted from the deposit or the withdrawal/refund, as applicable.”

So not just that anyone may charge you, but you have no specified withdrawal time frame.

Scammed by FinanceCapitalFX Broker? – Let Us Hear Your Story

If you find yourself a victim of FinanceCapitalFX, let us know. Our chargeback specialists may be able to assist you in filing a dispute and getting a refund.

But What Is A Chargeback?

A chargeback is a way for online transactions to be reversed in case of a scam. Contact us immediately to book a free consultation, and our specialists may help you recover your funds. Let’s act now.

What Is FinanceCapitalFX?

FinanceCapitalFX is an online trading brokerage without a license, not worth your money.

Is FinanceCapitalFX a Scam Broker?

FinanceCapitalFX is a scheme firm that hasn’t specified the headquarters and governing laws.

Is FinanceCapitalFX Available in the United States or the UK?

The broker is available in both countries without a license.

Does FinanceCapitalFX Offer a Demo Account?

FinanceCapitalFX doesn’t offer a functional platform or a Demo account.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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