Capital Traders Review Scam or Legit Broker

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Capital Traders Review

Capital Traders was an unlicensed CFD & Forex broker which opened in September 2020. It seems that they are now out of business.

Capital Traders is owned by; Bravos OU, which is located at: Harju Maakond, Tallinn, Kesklinna Linnaosa, Roosikrantsi tn 2-K050, 10119 Estonia. Contact phone number is: +372 634 7397, and their customer support email address is; [email protected]

Withdrawal problems and Forex broker complaints read this article.

Capital Traders Platform Review

Capital Traders give investors the trading platform for CFD and Forex trading called TraderSoft. Available for trading are hundreds of underlying assets from Crypto, Forex, Stocks, Commodities and Market Indices. Standard leverage on Forex pairs like EUR/USD is 200:1, and the spread is 3 pips. Bitcoin, Litecoin, Ethereum and Ripple CFD’s are listed on the Dollar and Euro.

Investors will see that the broker only offers a web based trading platform. If you are looking for an MT5 broker or a broker with mobile trading apps, look here.

Minimum deposit for a new trading account starts at €500.

WARNING! Don’t use a “get rich quick” trading robot, see why.

If you want a professional trading robot, look at these.

Capital Traders Not Licensed

Investors researching a new Forex broker to determine if the broker is a legitimate company, or a scam broker will always look for a license. When you see that a broker has a license and is authorized by the governments financial regulator, like ASIC in Australia or FCA in the United Kingdom you know they are legit.

Capital Traders is not a licensed broker.

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When choosing a new Forex broker, it is very important to verify that they are in fact licensed for investors from your country of residence. Trading with a licensed broker ensures you will not have issues withdrawing your investment.

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The best forex broker is a very general statement, because each investor has their own needs and requirements from their broker. However, a smart investor will always have their main broker, and another broker as a backup. You can see our list of most popular brokers.

ForTrade is a very popular Forex broker, regulated both in Australia and England by the FCA and ASIC, see here.

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What was your experience like investing with Capital Traders? Please leave your review in the comments below.

Capital Traders Review: Scam or Legit Broker?

Capital Traders Review: Scam or Reliable? Capital-Traders is a forex and Cryptocurrency Cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks and currencies including cryptos. They have a registered address at Digital World Centre 1 Lowry Plaza, The Quays, Salford, Manchester, Lancashire, M50 3UB, United Kingdom and are owned and operated by Option Solution Online Ltd. Their contact phone number is +44 208-089-2434

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CAPITAL TRADERS TRADING PLATFORM

This broker uses the TraderSoft platform for Cryptocurrency CFD and Forex trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, Skrill, Neteller, Bitcoin, Ethereum, WebMoney. The minimum deposit is €500.

Is CAPITAL TRADERS LICENSED?

NO! Capital-Traders broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

CapitalTraders is an unregulated broker. They claim to be located in the UK, yet they are not regulated by the FCA(the licensing body in the UK). This is a source of major concern. When trading forex, CFD and cryptocurrencies we always recommend you use a regulated broker that is licensed to trade financial instruments

Hi capital traders are a f*&^en scam! Tony Allen their broker called me so many times to install money. Once 1100 eur was installed no one would answer mails or pick up the phone , they are a bunch of bastards . I cant get my money back. I can see it on the scrren and thats it …. I ask anyone to help me out from this point on. Who do I take this to ? Advice anyone ?

I am in the same position right now. I’m going to the police and the FCA entity in my country to try get my money back. I suggest you do the same.

Hi, This same T.A. called me many times. After having invested an amount that I prefer not to mention, but exceeds the 1100 mentioned above, significant. I should and could have been warned, but trusted this man.

finally we’re all been robbed, by people who claim to be professional brokers.

No other advise, than to stay away from these people. Finally one day they will be confronted with their miss behaviour.

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RISK DISCLOSURE

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Capital Traders Review

Capital Traders

Reason to avoid: No License

Listed Date: November 28, 2020

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Beware Capital Traders is a Non-Licensed Broker. It is NOT SAFE to trade.

Bravos OU. PANAMERA CAPITAL GROUP LTD. Capital Traders.

  • Registration Address/ License:

Estonia. No License, No Regulation.

Capital Traders position themselves as the ultimate choice for crypto traders with a huge variety of assets and elegant trading platform, as well a professional partnership to 300+ banks. Moreover, the company mentions their authorized and regulated status, however does not hold any reputable license apart from the establishment certificate. In addition, the legal consultation provided by the PANAMERA CAPITAL GROUP LTD that is located in St. Vincent and the Grenadines, a known offshore zone.

As long as the company incorporated within the EU, the broker should confirm its reliability status along with the necessary proves of safe service, that are crucial for a good trading provider. The above-mentioned issue, as well as other international compliance with a constant overseen of operation, is provided by the specific authorities that monitor markets. These reputable entities include UK’s FCA Brokers, Australian ASIC Brokers, and other regulated companies, thus it is much safer to choose among those brokers.

The Capital Traders, yet, cannot be proud of a reliability status, due to lack of serious regulation and therefore the company appeared in a blacklisting of the Belgium FSMA. The authority received complaints from the investors and strongly advises to protect potential traders from a fraud offering. The unregulated firms, in fact, cause highest risks while the trader may fall under the uncertain situation of fund management, market manipulation or typical issue with money withdraws.

“You may be approached after having expressed interest in an advertisement published on social media or other websites that sings the praises of cryptocurrencies. If you click on such an advertisement, you will be asked to fill in a contact form with your email address and phone number. In the next few days, you will first receive a phone call from a telephone salesperson, who will offer you some explanations of cryptocurrencies and direct you to the ‘company’s’ website.”

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