Menu

Capitalfxclub.com Review: Is Capital FX Club Scam or Safe?

Capitalfxclub.com Review: Is Capital FX Club Scam or Safe?

Share This!

Capital FX Club is a Forex and CFDs broker who proclaims on their website that they are offering the most accessible way to become richer. This is a far fetched statement as far as the risks involved in trading are concerned. They claim that their platform is innovative plus it offers speedy execution of trades with ”single click” easy trading function. Other supposed advantages of trading with Capital FX Club is that traders can enjoy a wide range of trading tools, tight spreads, zero commission, campaigns and bonuses that give traders advantage, Islamic accounts among others.

Capital FX Club allegedly offers more to help traders succeed as they claim on their website that they are offering Autochartist programs to help traders make decisions easily. Personal account managers and signals delivered through SMS are also some of the alleged advantages that traders will enjoy if they open an account with Capital FX Club.

Capital FX Club

Definitely there are perceived advantages to be enjoyed provided this platform is not a scam. However, we should never let these advantages cloud our judgement before we can consider the most important things that a broker needs to have before they can win the trust of traders.

One of the main things that we usually consider before signing up with a broker is their registration status. If they are registered with the local financial regulator, it means our funds will be safe with that particular broker. If they are not registered with any financial regulator, then it only means that our funds are not safe and the broker must never be trusted. In the case of  Capital FX Club, we are a little bit worried because they are providing an Italian phone number on their homepage but the Italian financial regulator has already blacklisted the brokerage for not being regulated.

By the way, if you are looking for brokers who are regulated and licensed to provide trading services to all types of traders, this list contains them all. Pick a broker and start trading and we assure you that you will enjoy the experience because those brokers have friendly trading conditions that favor the trader and moves him closer to success. In the meantime, let’s review Capital FX Club and discuss the things that make this broker very risky to trade with.

NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners.   With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.

endotech_AI_for_auto_crypto_trading

Capital FX Club review

In as much as this broker has their own disadvantages which are discouraging and are the main reasons why a trader would want to shun them, we still see a few perceived advantages which are worth mentioning. But unfortunately we won’t give them credit for those advantages for the simple reason that all other regulated brokers are also offering those advantages with their trading service.

One of them is friendly leverage. Capital FX Club is offering leverage of up to 1:200 and although this is not high leverage compared to 1:500 or higher, we can say that conservative traders as well as those who want to trade aggressively can still find it ideal for their accounts. They also announce on their website that spreads for a pair like EURUSD is 1.6 pips, which is the going rate in the industry. Most brokers charge around 1.5 pips to 1.8 pips for this particular pair. So if this statement is anything to go by, we can rest assured that these are pocket friendly spreads.

The broker also claims that they do not charge any fee on deposits. This is something that most professional brokers practice. So we cannot really consider it an advantage. Apart from this, the broker claims that they are offering 30% bonus. Claiming a bonus from a broker is something you should do based on your decisions and understanding of the implication of trading with that bonus.

Every broker should make their terms and conditions clear regarding accepting bonuses and when bonuses should be withdrawn. Most brokers will state in the fine print that traders can withdraw bonuses once they have reached a certain trading volume. This means that traders can still withdraw their initial capital but they will not be able to withdraw the bonus unless they have attained the minimum volume that the broker requires in order for a trader to cash out the bonus.

But still there are some brokers who will play games with their traders, going as far as refusing to process their withdrawal requests claiming that they have not fulfilled the terms and conditions for the bonus. These are rogue brokers which you should avoid.

Background of Capital FX Club

They are owned and operated by a company known as PRO CAPITAL. This is according to their about us page. This company has allegedly existed since 2013 and has been focusing on offering a  wide variety of commodities and Forex products to its customers. Details of the so called Pro Capital are not crystal clear as there is another entity using this name but it is not clear whether this company is the one that Capital FX Club is referring to.

Minimum investment too high

The minimum capital you can deposit with this broker is $250, which is quite high considering that most brokers are now accepting $100 or even less as minimum investment. And with this minimum, traders still can’t access basic features like chat support, platform features, auto chartist, signals and many more until they upgrade to a trading account that requires a minimum investment of $50,000.

This is a way of pressurizing traders to deposit this amount which is not professional at all. Furthermore, these are considered basic features which should come with all account types. So this broker clearly sounds confuses as professional brokers offer these features almost for free with an account of $100 or even less.

Our best advice for you

Capital FX Club is not regulated and that’s one reason why traders must never use their service for whatever reason. Secondly the features they offer for their $250 account are just not sufficient to cater for the needs of traders. It is better to stick with these Forex brokers instead.

If You'd Like to Get Notified When This Blog is Updated, Subscribe Below...

Summary
Review Date
Product Name
Capital FX Club
Author Rating
11stargraygraygraygray

3 Replies to “Capitalfxclub.com Review: Is Capital FX Club Scam or Safe?”

  1. Salve buonasera mi chiamo sunita lascialfari sono la vostra cliente di capitalfxclub… È vorrei parlare con un broker al più presto. Io ho già versato 200€ e vorrei imparare…. lascio il mio numero di recapito telefonico 3384910871.

  2. Si salve buongiorno!
    Mi chiamo Sunita Lascialfari, vorrei essere contattata dal ufficio competente al più presto. E vorrei prelevare i miei fondi dal capitalfxclub. È aspetto la sua chiamata al più presto grazie e cordiali saluti da Sunita Lascialfari.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

endotech_AI_for_auto_crypto_trading




Binary Option Scams, Warnings, Reviews & Updates...

Endotech_autotrading

Popular Articles

Follow Us

Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons