W2W Capital Review – How Is W2wcapital.com Scam Perpetrated?
W2W Capital Review – How Is W2wcapital.com Scam Perpetrated?

W2W Capital appears to be another financial swindler targeting Spanish-speaking areas. With the entire website being in Spanish, finding the facts was quite a task.

The company is based offshore and offers a basic trading platform and too high leverage. If it’s not enough to convince you to give up on investing, read this detailed W2W Capital review until the end.

Additionally, we strongly advise you to avoid the fraudulent brokers TG CapitalMorganFinance, and XTB Global.

Broker status: Offshore Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: w2wcapital.com
Blacklisted as a Scam by: CNMV, Finanstilsynet, FSMA
Owned by: W2W Capital LLC
Headquarters Country: Saint Vincent and the Grenadines
Foundation year: 2022
Supported Platforms: MT4 WebTrader
Minimum Deposit: 250 USD
Cryptocurrencies: No
Types of Assets: Forex, commodities, indices, shares
Maximum Leverage: 1:500
Free Demo Account: No
Accepts US clients: No

How Safe and Secure is W2W Capital a Broker?

W2W Capital is owned by W2W Capital LLC, registered in Saint Vincent and the Grenadines. The company entered the FSA register in February 2022 but never obtained a license. Since SVG doesn’t deal with regulations, Forex and CFD brokers are directed to opt for regulation in the service country.

This firm is unlicensed according to the register of major Tier1 license providers, including FCA, ASIC, BaFin, and CONSOB. Practically, it means it doesn’t follow ESMA rules, MiFID directives, or any other legal prerogatives.

Reasons Not to Trust an Unlicensed Broker

Unlicensed brokers don’t follow any legal guidelines. They don’t keep funds in segregated accounts, don’t disclose banks where funds are transferred, and in most cases, don’t offer negative balance protection.

 If something goes wrong, you cannot count on any legal help from regulators. Since the actual owner is offshore, getting to them is quite challenging.

So Is W2W Capital a Scam?

W2W Capital is an offshore trading firm. Since it operates without a valid license, the brokerage has been blacklisted in Spain, Norway, and Belgium. This is official proof that you’re better not investing with W2W Capital.

Warnings From Financial Regulators

W2W Capital Warning From CNMV

The broker was warned by several regulators. The first to officially add w2wcapital.com to the blacklist was the Spanish CNMV. According to their warning, this scheme firm provides unsupervised financial advising and Forex trading services.

The Belgian FSMA later republished the warning.

And Norwegian Finanstilsynet.

What Do Traders Think Of W2W Capital?

Even though the company was registered just a few months ago, W2W Capital already has many negative reviews. Customer reported withdrawal issues.

As it seems, this firm is not allowing any payouts. Clients are pressured to invest more, and employees promise them anything and everything, but, in the end, money is gone.

What Platform Does W2W Capital Offer?

W2W Capital Trading Software

W2W Capital provides a web-based distribution of MT4. While MetaTrader is recognized as the best trading software nowadays, it means nothing in the hands of a scammer.

Yes, we agree. There are a lot of tools and technical indicators. However, the firm didn’t purchase access to an app, only internet-based software, which is the first issue. Additionally, scheme brokers can manipulate the trade outcome by imposing too much leverage and spread, so your funds are not safe.

Access the Account From a Mobile or Tablet Device

As mentioned, the only available software is WebTrader. Therefore, mobile apps and tablet access are not enabled. If you want access to those, we advise you to find a legit firm offering a full MetaTrader package.

W2W Capital Accounts Overview

There are 5 account types on offer, those being:

  • Classic – $250
  • Advanced – $10,000
  • Pro – $25,000
  • VIP – $100,000
  • Elite – $500,000

Each account brings lower spreads and higher leverage. Stop out level is decreasing while the number of available trading assets increases.

Customer Support – Communication Channels

Scam brokers mainly rely on their customer support. Since they have nothing to offer and are at risk if a potential customer does due diligence, the support needs to act quickly. And needs to have solid selling skills.

They’ll approach possible investors via phone, email, messages, social media, and any other available method. Yet, the only way to reach them back once they get ahold of your funds is through an email. 

W2W Capital – Countries Of Service

This scheme brokerage mainly provides its services to residents of:

  • Spain
  • Netherlands
  • Germany

Don’t forget that the company in question is not licensed. Their scam is widespread.

W2W Capital Range of Trading Markets

Investors have access to several markets, including:

  • Currency pairs – EUR/USD, GBP/CAD, USD/ZAR
  • Indices – BE20, DAX30, FTSE100
  • Shares – Bank of America, Adidas, Amazon
  • Commodities – gold, natural gas, sugar

Surprisingly for a new broker, cryptocurrencies are not on offer.

Also, avoid the trading frauds RoboFXtrade, Geneticrypto, and Absolute Markets at all costs! Moreover, before investing, always look into the past of internet trading firms!

What Is Known About W2W Capital’s Trading Conditions?

W2W Capital shares a list of spreads, depending on the account type. We also have clearly specified leverage, which is good. However, what’s not good is that the leverage goes against ESMA rules and regulatory caps. While the EU and UK limit is 1:30, and the US is 1:50, W2W Capital offers a lot more.

Too High Leverage and Wide Spreads

The leverage ranges from 1:33 on the Classic account to 1:500 on the Elite. And that’s way above any limits.

The spread varies from 0.5-1.7 pips, which is quite solid. Yet irrelevant when your funds are endangered by leverage.

W2W Capital Minimum Deposit, Withdrawal Terms, and Fees

Depending on the service country, W2W Capital requires an initial deposit of 250 USD or EUR. Withdrawals are not mentioned and there are no legal documents in regard to it.

Since we already mentioned that reviews point out major withdrawal problems, we can safely say that this firm has no intentions of allowing payouts. Thus, no policies are needed.

Methods of Making a Deposit

Customers can invest using the following:

  • Debit/credit card
  • Wire transfer
  • Bitcoin 

Since the broker is unregulated, we advise against it.

Scammed by W2W Capital Broker? – Let Us Hear Your Story

If you or someone close to you has been scammed by a W2W Capital broker, let us know. Our chargeback experts will be able to assist you with the process and help you recover your funds. 

Don’t let scammers run with your money. Book a free consultation and let’s see what can be done.

But What Is A Chargeback?

A chargeback is a way for your bank to recover funds directly from the merchant. If you deposited using a debit/credit card, you have up to 540 days to file a dispute. Get in touch now and let’s start!

What Is W2W Capital?

W2W Capital is an unregulated brokerage registered in Saint Vincent and the Grenadines.

Is W2W Capital a Scam Broker?

The broker is a scam blacklisted in Spain, Norway, and Belgium for fraudulent financial activities.

Is W2W Capital Available in the United States or the UK?

The company operates in the UK but not in the US.

Does W2W Capital Offer a Demo Account?

No, W2W Capital doesn’t offer a risk-free 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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