If you’ve come across an FX Capital Group broker and are wondering whether it’s a legitimate investment firm or yet another fraud, here’s the answer. Read our FX Capital Group review and discover every detail about this company.
Broker status: | Unregulated Broker |
Regulated by: | Unlicensed brokerage |
Scammers Websites: | www.fxcapitalgroup.io |
Blacklisted as a Scam by: | N/A |
Owned by: | N/A |
Headquarters Country: | Switzerland (allegedly) |
Foundation year: | N/A |
Supported Platforms: | Web trader |
Minimum Deposit: | 250 EUR |
Cryptocurrencies: | Yes |
Types of Assets: | FX, stocks, commodities, indices, cryptocurrencies |
Maximum Leverage: | 1:500 |
Free Demo Account: | No |
Accepts US clients: | Yes |
What About FX Capital Group Regulation?
FX Capital Group is an anonymous trading firm allegedly based in Switzerland. However, once you check the Terms and Conditions, you will discover that Estonia’s law is a governing law. Since we all know where the bad reputation of the Estonian financial system comes from, we see no reason to explain this further. The broker is also not regulated by FINMA or any Tier1 regulatory body, including Estonian FI.
Suppose you are looking for a legit investment firm. In that case, we advise you to search for companies with FCA, ASIC, BaFin, and similar licenses since these authority bodies ensure that you have a compensation fund.
Fund Withdrawal Issues With FX Capital Group Broker
Withdrawals are not an option with FX Capital Group broker. Once you deposit the initial 250 EUR, everyone in the company will be helpful and welcoming. However, if you decide to ask for a payout, you’ll face numerous obstacles. For example, if you accept any bonuses, the Terms and Conditions suggest that such funds are considered non-deposited funds, and any profit that comes out of such is the broker’s sole profit that it can decline to you at any moment.
Be aware of the FX Capital Group trading scam and seek help if necessary.
In addition, we strongly advise you not to invest in SwissMarketFX, BTCADA and RaceOption fraudulent brokers.
Fund Withdrawal Issues With FX Capital Group Broker
Withdrawals are not an option with FX Capital Group broker. Once you deposit the initial 250 EUR, everyone in the company will be helpful and welcoming. However, if you decide to ask for a payout, you’ll face numerous obstacles. For example, if you accept any bonuses, the Terms and Conditions suggest that such funds are considered non-deposited funds, and any profit that comes out of such is the broker’s sole profit that it can decline to you at any moment.
Be aware of the FX Capital Group trading scam and seek help if necessary.
Areas Of FX Capital Group Trading Scam
The broker is mainly active in Canada, Spain, and the US. Furthermore, reviews come from the UK, the Netherlands, Australia, South Africa. There are no prohibited areas for this fraudulent firm, so be careful not to stay without money wherever you are.
Traders About FX Capital Group Scam
As you can already guess, investors have nothing nice to say about FX Capital Group brokerage. They are disappointed with the way they have been treated, but the fact they are not allowed to withdraw their funds is the main issue.
If you yourself face such problems, we advise you to immediately ask for assistance with withdrawal.
How Does Online Trading Scam Work?
Every broker has their own method to defraud clients. However, every online trading scam typically starts with a fraudulent ad you are presented with. You’re being convinced that with 250 EUR, you can make millions within a few weeks or thousands overnight. Of course, all that with magical software or AI technology. Logically, if such exists, why would anyone share it with the world and not make money themselves?
Once you deposit the money, you may even see some profit. It’s all part of the broker’s strategy to earn your trust and convince you to invest more. Once you’ve deposited everything you had or intended to, your problems will start. All of a sudden, your account manager will be too busy to talk to you, while your withdrawal requests will never be processed.
This is when you’ll understand that brokers like FX Capital Group are illicit and just looking for the opportunity to take your money.
Also remember the names of the Truexoption247, EUFinance and DeliTraders trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Scammed by FX Capital Group? – Tell Us Your Story
You’re not the first victim of the FX Capital Group scam, but your story is significant to us. If you are already involved with this company and have experienced any issues, let us know. We may help you file a dispute and request a chargeback.
But What Is A Chargeback?
This is a way for your bank to reverse the transaction and get your money back. Contact us via online chat to book a free consultation for more information. Let’s get your money back before it’s too late!
What Is FX Capital Group?
FX Capital Group is an online Forex and CFD trading provider without a license.
Is FX Capital Group A Scam Broker?
FX Capital Group is unregulated and has lied about its headquarters.
Is FX Capital Group Regulated?
No, FX Capital Group is not regulated and provides financial services illegally.