Duxa Capital (Duxacapital.com) is another rotten online Forex scam targeting unsuspecting investors. DuxaCapital is purporting to offer a trading platform which gives traders a piece of mind. With such claims, why are members crying foul with evidence of having their accounts blocked? Members are coming out day in day out with claims of having their accounts closed for no reason. Read this genuine and honest DUXA CAPITAL Review for more.
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Looking at their website, it is understandable why investors feel this is a genuine platform. At first glance, it looks like a well-designed platform which offers exclusive trading services. Thanks to our years of trading experience, we know how to spot a scam from a mile away. Duxa Capital is another online scam platform targeting investors from all over the world. Make sure to read this entire review and find out some of the tricks used by these scam artists. Resist any attempt to open an account with this illicit platform.
Duxa Capital is another well-choreographed platform which is meant to steal from anyone who signs up. Signing up process is quick and so is the depository procedure which takes less than five minutes. DuxaCapital is using claims and promises to target newbie investors who don’t know how to spot scams. With this platform tarnishing the good trading name, we simply had to expose it. Stay away from this and any other platform which shares the same website characteristics.
Disclaimer at the footer of their homepage shows the platform has two residences. Duxa Capital is said to be located in the U.K and Switzerland. What these scam artists are doing is targeting investors from the European region. By claiming to be located in these two distinct locations, they are trying to prove a strong reputation. What this platform fails to realize is their tricks can be easily uncovered. One huge problem with this platform is in regards to anonymity. Who is running the show?
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Who are the founding members of this platform? Without actual names, it remains to be a total anonymous website. Whoever signs up with this platform should know they are dealing with a quack. Depositing any funds with this platform is the same as throwing your money away. What this means is no one should sign up with Duxacapital.
With claims of being located in the U.K and Switzerland, you would expect proper regulation. We contacted the regulatory bodies in these two countries for confirmation of Duxa Capital’s license. The FCA which is UK’s regulatory body has no platform licensed under this name. The Swiss Financial Market Supervisory Authority (FINMA) has no broker licensed with this name. What this means is we are dealing with another online platform offering trading services without a valid license.
Looking closely at their website, we could not find any details regarding their license status. Why this platform fails to post their license number remains a mystery. What we know is this platform is full of lies and should be exposed. What looks like a real trading website is nothing but a scam out to cause havoc in the trading community.
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With a platform which has no valid trading license, we hardly see any advantage of using their services. Complaints are also a major factor which remains a stumbling block with this platform. Members are complaining of serious issues with this platform making us doubt their capabilities.
Duxa Capital is furnishing users with six different account types to choose from. Accounts are listed as Basic, Silver, Gold, Platinum, Diamond, and Millionaire. What the account features says is the accounts come with loyalty bonus starting at 10% to 100%. A huge disappointment with these accounts is they have a high minimum required deposit. Investors should know the set required minimum deposit is $250.
When it comes to account funding, users can fund these accounts using three methods. The methods include Bank transfer, MasterCard, and Visa. And this is a big problem as members are complaining of lack of withdrawal. Is it why they openly refuse to allow members to withdraw funds? A platform which fails to release funds is without a doubt a scam. Ensure you stay away from this illicit platform.
Another disturbing feature with this platform is lack of a demo account. Without a demo account, no one knows how this platform works. A demo account gives users a feel of what to expect with a trading platform. What is the leverage and spreads available with this platform? Can we get to know the speed at which the platform executes trades? Without a demo account, users are signing up blindly. Make sure to always check whether a platform issues a working demo account.
We have a problem with web based platforms because they are not secure. With a platform which fails to offer DDoS Protection and SSL Encryption, stability is going to be an issue. Without a proper secure platform, hackers can easily gain access to this platform and steal important data. Duxa Capital is putting credit card details and personal information at risk from being stolen. Hackers will take advantage of this platform and use your details to ask for online loans.
How can funds be safe with a platform which fails to properly use vital security features? Another shocking issue we discovered pertains to segregation of accounts. Pooling of funds in one account is strictly forbidden which Duxa Capital is doing.
Evidence clearly shows we are dealing with a rotten online scam platform. Ensure you stay away from this platform or else become their next victim. Duxa Capital is a scam as none of the members has been able to withdraw funds. Make sure to mark all their emails as spam and never click on any links sent by their email marketing team. Warn your family and friends from joining any of their affiliate programs.
We will be adding this platform to our scam blacklist to ensure our readers are in the know.
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Wishing all investors a happy and prosperous trading experience.
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