Arab Platform Capital Review – Investing Here is Risky and Here Is Why
Arab Platform Capital LCC is the official owner of the brand with registration in Saint Vincent and the Grenadines. Since 2022, the company has provided FX and CFD trading services mainly in Islamic countries.
According to the company, they are proud owners of 4 regulations. But there are some things that don’t add up. Read this Arab Platform Capital review carefully to find out which ones.
|Is This Company Safe?||Possibly not|
|Have Warnings From:||N/A|
|Registered In:||UK (allegedly)|
|Trading Platforms:||MT5 (allegedly)|
|Deposit Bonus:||Not available|
|Trading Assets:||Cryptos, Commodities, Indices, Shares, Forex|
|Free Demo Account:||Not Available|
|How To Withdraw From This Company?||With non-transparent legal documents and lies about regulations you can expect trouble during withdrawals. If that happens, contact our chargeback experts for advice.|
Legal Info: Is Arab Platform Capital Legit?
Primarily, the company is registered offshore. They also claim to have an FSA license. But, that institution is not issuing Forex licenses anymore. In addition to that, the company claims to be regulated in the UK and the only trusted entity is the FCA.
However, that’s another lie coming from this broker. Neither are they licensed there nor in any other trusted institution, such as FCA, BaFin or ASIC. In the end, there is at least one truthful fact. They have a MISA license. However, that’s a low-tier offshore regulator which obviously allows them to lie about everything else.
Who Are Arab Platform Capital’s Clients?
Since 2022, the company has mainly targeted Islamic countries. Some of those are:
- Saudi Arabia.
Luckily, our fund’s recovery experts are available for consultation if you experience any withdrawal problems. Don’t hesitate to book yours already today.
Investment Costs With Arab Platform Capital
Important to realize is that Arab Platform Capital doesn’t reveal any trading conditions. In general, that’s not a sign of trusted and regulated brokers. Primarily because they can manipulate anything they want just to get more money from you.
Client agreement is, of course in Arabic, therefore it’s hard to find any bonus-related information. Yet, you should be aware of the tricks that usually come with bonuses.
Many of those, you can reveal in our Forex Trading Market review. In general, the main one is the trading volume requirement.
Arab Platform Capital Trading Features
According to the company they are offering highly trusted MetaTrader 5. All of that would be nice if there was an option to register and test it out.
For now, it all stays undiscovered terrain. But after their lies about regulations, you can expect a web-based platform instead of a trusted one.
Is Arab Platform Capital Legit?
Even though they have a weak offshore license, the company is suspicious. Otherwise, they wouldn’t be misleading traders about so many details. Therefore, we recommend you stick with Tier 1 licensed brokers to avoid any uncomfortable situations.
Available Trading Assets
In the company’s presentation, we can see they offer all main trading categories. But if that’s true we cannot confirm without registration. And the only way to register is through their ad campaigns. Anyway, potential options are:
- Forex – USD/EUR, EUR/SEK
- Commodities – gold, natural gas
- Indices – DAX30, FTSE100
- Shares – Tesla, Walt Disney
- Cryptos – BTC, SHIBA
What surprises us here is that the company doesn’t have transparent account types, neither do they have any trading conditions revealed. Practically you are getting into unknown territory. But to learn how account types can extract your last funds, read our 70Trades review.
Mobile Trading App
In general, brokers that are using MT5 should have mobile apps available as well. However, without transparent access, nothing can be proven with this broker. This is another downside of their weak offshore regulation.
Unfortunately, a demo account with Arab Platform Capital is not an option. Instead, you have to leave your contact details on their shady ads and then get a chance to start with them. But then you should be aware of other tricks they might be using.
Arab Platform Capital Withdrawal
Sadly without knowledge of Arabic, you can’t understand the client’s agreement. Therefore, all the withdrawal conditions remain unknown. Starting with processing time, methods and most importantly, fees.
However, after misleading traders about regulations and software, you can’t expect clean withdrawal procedures. Therefore, we suggest you stick with Tier 1 licensed brokers to avoid these irregularities.
If you were looking to get any help from the company, support is available Monday to Friday from 9 AM until 6 PM. As for the contact options, you can choose e-mail, web question form and phone. Yet, without full transparency about many things, support might not be helpful enough.
Key Information To Consider About Arab Platform Capital?
Even though they present themselves as a regulated broker, there are still too many discrepancies. Starting with their non-existent FSA and FCA regulations. Also, their trading conditions are completely non-transparent and access to the platform is not possible unless you are targeted by them through ad campaigns.
With all this in mind, you can definitely expect problems. In any case, withdrawals are the key point. If anything prevents you from getting your money back, know there are alternative ways. Either chargeback or use of our CipherTrace technology for crypto transfers. Just bear in mind that the first meeting with our experts won’t cost you anything. So, don’t wait and book yours now!
What Is Arab Platform Capital?
It’s a broker operated by Arab Platform Capital LLC, a company incorporated in Saint Vincent and Grenadines in 2022.
Is Arab Platform Capital Regulated?
Yes and no. They have MISA regulation, weak offshore one. However, other statements about UK, SVG and Turkish regulations are fake.
What Are The Products Offered By Arab Platform Capital?
The products are forex, commodities, indices, shares and crypto. But if you experience any irregularities while trading or withdrawing, contact our experts immediately.