10Capital (10-capital.com) is a CFD brokerage platform that trades Forex and crypto currencies. For starters, it’s good to know whether we are dealing with a real platform. Sadly, our investigation revealed damning facts about 10-Capital. Readers are urged to read through this detailed and comprehensive review to find out the whole truth. Never miss a chance to know the whole truth here. Our reviews are honest, transparent and detailed.
Straight away, you will realize that they claim to have the world’s leading trading platform. Members are notified that this platform deals with trading commodities, currencies, indices and stocks. One tag they constantly use is that investing with 10 Capital has never been easier. All you need to do is register with them and see what happens. Question you should ask yourself is this, is it as easy as they lead you to believe?
According to the website, all you need to do is follow their simple steps that they have lined up. You simply have to open an account with them and start trading. 10Capital insists on having the best trading tools and analysis the world has ever seen. Is this true? Far from it, our extensive research has revealed to us what we were afraid of, 10 Capital is a scam. Read through this detailed review to find out the whole truth about this fake platform.
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Scrolling down 10Capital website, you will easily see claims of having the most flexible platform. Question is, are what they are saying true? Is 10-Capital offering the most flexible platform? How can a newbie know what a flexible platform does? Well, folks, a flexible platform needs to be user friendly. You can easily see that their website is not user friendly. Whole website is full of plastered marketing all over.
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Sadly, 10Capital has one of the least flexible trading platforms we have ever seen. From what we saw from the website, this is simply a full-scale apocalypse. Note how the whole platform is plastered with information. One cannot go straight to the point you want. Writing are all over their web page making it next to impossible to know what’s what. This isn’t the only problem we saw with this platform.
According to the website, their professional staff is always at hand to help. If this is true, the least they could have done is point us to who the staff are. We have no idea whether we are dealing with people or just bots. How can we be talking to people who probably don’t have a clue about Forex trading?
Never miss such pointers when looking for legitimacy in a platform. How will the staff educate users, do they use webinars, video tutorials, eBooks, just to mention but a few.
Personalized relationship managers are also another frightening thing we noticed. If 10Capital managers are professionals, where can we see their portfolios? According to the platform, you will get a dedicated team. That’s not an issue, but is the team a professional outfit. These could be just high school people who are paid to tell you what you want to hear. Never at anytime trust a platform that does not back up its statements.
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One interesting thing about 10Capital is their trading accounts. In total, this platform has six trading accounts to choose from. Members can choose from Basic, Silver, Gold, Platinum, Diamond, and Millionaire Club. Just know that with each account comes with different products. What we found interesting is that basic account holders don’t get an advance chart. This is horrible, what does 10Capital use for trading?
Also, we noticed that the amount set for these accounts is way above the required industry threshold. These accounts also come with bonuses which is highly illegal in Forex trading. Offering of bonuses has been restricted due to withdrawal concerns. When it comes to withdrawing, some brokers have a nasty habit of holding back. Yes, brokers hold back your withdrawals because they want you to payback their bonuses. Why issue them in the first place?
We tried getting a hold of 10Capital live support team and all they asked was our name. After giving them our name, the support staff changed names. Honestly this is the only chat support that has ever changed names when we started asking questions. First it was Alina Goldman and then Michael Matis joined in. We are sure that we are not dealing with humans but bots.
After making our requests we waited for hours but no response was coming. We also tried getting a hold of their telephone lines. No call of us was taken and we believe that these people have hired call centers to aid in their scam. For all we know, this could be a gut in India answering you about Forex trading.
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Folks, herein the main problem we have with 10Capital, depositing and withdrawing funds. Depositing funds is easy and fast, yes, the whole process takes less than ten minutes if you are fast enough. Making withdrawals is a whole different ballgame. You will never get what you want at that particular time. As we earlier said, these fake brokers can stay with your money for stupid reasons.
One of the main reasons we have notices scammers are using is that members have not reached required trade volume. How can this stop you from getting your own money? Well, this is a way to know that you are being scammed. Notice how the Internet is full of comments of people who have lost their entire savings with 10Capital? It’s not a joke, stay away from this broker.
10Capital is a scam that has rocked the web hard. People especially in Europe have lost so much with this platform. Don’t become another victim who signs up only to lose money. We have produced compelling evidence that proves that this is purely a scam. From not being regulated to having anonymous owners, this is surely a scam in the making.
One member who doesn’t want to be named lost all her initial deposit with 10Capital. She lost over $50,000 within a couple of minutes, this is unacceptable.
Being ardent Forex and crypto currency traders, we urge all of you to stay away from 10Capital. Evidence produced has without a doubt made us blacklist this fake broker. Never sign up with them as you will simply lose all your deposit. No one has made money using this platform, not even a single one.
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Remember to always trade comfortably and safely, we wish you all the best.
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