A.B. Capitals (Abcapitals.com) is a rude Cryptocurrency and Forex scam platform stealing from anyone who signs up. ABCapitals is claiming to be a place where users can copy trades of other successful digital currency traders. With such claims, members have signed up not knowing the reason behind this platform. Investors have now come out with complaints of being blocked from accessing their accounts. Read this genuine A.B. CAPITALS full review.
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After receiving numerous email complaints from users, we decided to investigate this platform. What we found out is shocking beyond words. The platform has a history of blocking accounts with balances still reflecting. And this is what makes it a total scam. Investors are to be wary with this platform and their affiliate programs. A.B. Capitals is another wolf dressed in sheep clothes trying to solicit funds from investors. Want to know some of the tricks used by these scam artists?
Professional scam artists will create an enticing website for everyone to sign up with. What these scam artists have done is clone information from a trading website and transferred it here. A.B. Capital is fooling investors into believing they can make money with Crypto and Forex trading. Thanks to our years of trading experience, we know how to spot a scam from a mile away. The website is full of shocking tricks which the naked eye can’t see. Read on to find out the dirty tricks used to trap unsuspecting investors.
The website does not give us any valid information regarding the history and ownership of the platform. From what we see, ABCapitals is the company which owns the website. We did a thorough research to find out whether the company is registered. The company register in the UK has no company licensed or registered under the name A.B. Capitals. And this is one of the many red flags we spotted with this platform. Why are they using a company which is not legally valid?
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Anonymity is a scammer’s best friend as it allows them to steal without being traced. What we see with the platform is a huge anonymous organization which is risky. Never associate with any online investment trading platform that is anonymous. We don’t know who the actual founding members of this platform are. The same can be said with platforms which have no ownership details posted on their websites. A.B. Capitals is an anonymous website which is proof of their ill intentions.
Another shocker with this platform is that A.B. Capitals has been flagged by the FCA as a fraud. A look at the official regulatory body in the UK reveals A.B. Capitals is not licensed or regulated. The Financial Conduct Authority has given users a warning not to associate with this platform. When a regulatory issues such a warning, it means victims have come up in large numbers. Associating yourself with this platform will only move you closer to their illicit scam platforms.
Stay away from this platform as they don’t even have a license number to show. You would expect the platform to have a valid license and registration number for all to see. A closer look at their entire website shows no documents can support their claim of regulation. A truly licensed online trading entity will post copies of their license for all to see. What this does is give users a chance to confirm the license details with concerned regulatory bodies. Failure to have these vital documents is proof A.B. Capitals is not licensed or regulated.
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We could not come up with any advantage of trading with an anonymous and unlicensed online entity. From the complaints we have received, A.B. Capitals is simply stealing from anyone who signs up. Stay away from any of their promotional materials. Videos from their sales team are a lie meant to fool investors from signing up. With the platform already blacklisted by the FCA, the right move is to stay away. You now know what to expect with this anonymous Crypto scam.
A.B. Capitals is furnishing users with five account types to choose from. Five accounts are listed as Green, Premium, Platinum, Executive, and Presidential. Green account which is the basic account demands a minimum deposit of $5,000. This amount is way too high considering the set industry required deposit amount is $250. The features are also similar to each other which make the accounts all the same.
The platform claims to be located in the UK which is not the case. Offshore scam artists will choose the UK in order to trap European investors. Phone number listed on their contact page is a virtual phone number. Once you call the number, in most cases the call doesn’t go through. We also noticed the platform does not have a live chat support which is crucial in modern time. Without a live chat, users have to wait for days to get a response.
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A.B. Capitals is not in the business of giving users a chance to test how well their platform works. Smart investors know the importance of a demo account. Without a demo account, members are signing up blindly not knowing how the platform behaves. A demo account will give users a chance to test how fast the platform executes trades and tools involved. These scam artists want users to go ahead and start trading, which is disadvantageous to newbie traders. Stay away from platforms with no demo account.
From what we can see, A.B. Capitals is using a custom-made trading platform. According to what we see, they claim to be compatible with all devices. The problem with their platform is lack of proper security features. Lack of DDoS and SSL Encryption is proof of an unsecured platform. Hackers can easily take over the platform and steal credit card information. We also notice that their platform is unstable especially on desktop and tablet devices. This is not a worthy platform to have.
Another problem we noticed with this platform concerns safety of funds. Pooling of funds in one account is against the rules and it is what A.B. Capitals is doing. These platforms are a nuisance and are tarnishing the good trading name. Make sure to stay away from this platform or else face the risk of losing your entire deposit.
We have proof that A.B. Capitals is a scam. From being blacklisted by the FCA to failing to allow withdrawals, ABCapitals is a scam. Ensure you mark all their emails as spam and never click on any links sent by their email marketing team. Warn your family and friends from engaging with this platform.
We will be adding this platform to our scam blacklist and ensure our readers are kept up to speed.
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Wishing all investors a happy and prosperous trading experience.
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