Access Group Capital Review: An Illegitimate Broker

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Access Group Capital Review: An Illegitimate Broker

Access Group Capital is full of crap; we even suspect that this is a flipped website. According to Google’s name link, the website is Access Capital Markets. AccessGroupCapital is without a doubt a sleazy broker that is trying to penetrate the European market. The broker wants to entice newbies to sign up by using false claims, not knowing the results. We have uncovered the sad truth about what happens to members. Read this detailed ACCESS GROUP CAPITAL Review for more.

Access Group Capital Review

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About Access Group Capital

On their about us page, members get lost as the broker fails to introduce themselves. We can clearly see that the page says little about the mission and vision of the broker.

Two names throw us off as we don’t know who actually owns the platform. These two names found on the platform mean one thing, the website is a clone. Designers forgot to remove one of the names.

For all their efforts of claiming to be legit, we have ways of confirming a broker’s legitimacy. The broker claims to be an experienced United Kingdom broker with years of experience. With our experience in the field, we can straightaway tell you that this is a scam.

There’s no broker in the UK under this name. If you doubt us, you can verify using the official regulator, the Financial Conduct Authority.

Access Group Capital License and Registration

Access Group Capital is not a UK-regulated broker and, therefore, a risky option. The Financial Conduct Authority does not have a broker licensed under the above name. It goes to show that the broker is merely claiming to reside in the UK.

That’s a breach of trust as their company registration is also a burst. These are offshore brokers who want to entice European investors to sign up. Please stay away from the broker as they don’t comply with industry regulations.

Without valid credentials, your funds are not safe with the broker. You will certainly lose your money once the broker decides to close the shop. To confirm whether a broker is legit, you need to check in with regulators in your area. Any broker that fails to follow protocol is putting members at risk. Avoid interacting with this broker as they are trying to get you to deposit with them. There’s no actual trading taking place within the platform.

Accolades and awards

To make the platform appear legit and worthy, the broker claims to have won several awards. The broker claims to have won the Analyst of the year award 2019. According to their story, FXCUFFS was the main sponsor.

We can straight away tell you that the broker was not even a finalist. These are false claims meant to showcase the broker as reliable. For the record, the 2019 winner was George Davis, Chief Technical Specialist, RBC Capital Markets.

Are funds safe with Asset Group Capital?

AccessGroupCapital Trading Terminal

Funds are not safe with a broker who fails to get a valid license from authorities. This broker will definitely steal your money and block access to your account. It’s what happens to members of this platform.

For some time, the broker has been changing their website and interchanging the name. It may fool some investors, but we do have a keen eye. Your funds are far from safe as Access Group Capital does not segregate accounts.

Assets and trading instruments

There are five instruments to choose from when trading with this broker. These instruments include commodities, crypto, ETFs, equities, and indices. The shares are from major European countries such as Britain, Germany, and Spain.

You also get the FAANG shares from leading US companies. The most important aspect of these instruments is left out, available leverage, and spread. Investors should know before signing up the trading conditions set by every broker.

Business owner

Access Capital Markets Limited is the company listed as the owner of this broker. The disclaimer at the footer of their homepage also has a company license number. We did a check using the UK Company Registrar and found no company on the database.

These scam artists are using random numbers to act as the company’s registration number. We can detect that these are offshore brokers trying to get their hands on the UK trading scene.

Comments from users user experience

Penna Riikola recalls her time with this broker, claiming that it started well. She started becoming suspicious when her request to withdraw was declined. The broker gave no reason for declining it, and she has not heard from them ever since.

This is what’s happening to other members who have lost hope trying to recover their funds. Don’t even think of hiring a recovery agent, and they, too, can’t help you with the matter.

Domain background ( review)

With transparency being key to trading, we did another check on the website’s online presence. Domain checker tools reveal some interesting facts regarding the company. The IP has undergone over five changes in the last five years.

This proves our point that Access Group Capital was under a different name. Offshore brokers tend to buy and sell websites to try and fool unsuspecting investors. This is certainly a short-term website.

Features of Asset Group Capital

Account Types

Access Group Capital Account Types

Asset Group Capital is furnishing members with six account types. These accounts include Newcomer, Silver, Investor, Premium, Golden, and Black VIP. The accounts come with varying features that don’t help members at all.

Without any trading taking place, these accounts are merely a fraudulent means to an end. Let no one tell you otherwise, as the accounts are a trap to lure different investors’ classes.

Contact and support

Another worrying trend with Access Group Capital is the fact that they use AnyDesk for communication. AnyDesk is a desktop sharing app that lets users get access to any desktop remotely. You can imagine what these unlicensed brokers will do with your personal information.

They will likely steal your banking credentials and withdraw funds from your account. Most of them usually buy goods and services using your credit card details.

Trading platform

Can you imagine that their download link for the platform does not bear their name? Our operating system also gave us a warning regarding the link as the publisher was unknown. It goes to show how well these scam artists have planned the scam.

Once you download their platform, they also have access to your device. It allows them to track your messages and retrieve valuable banking information.

Scam or Legit Access Group Capital

AccessGroupCapital Deposit and Withdrawal Options

Access Group Capital is without a doubt a UK trading scam. We hope that authorities will look into it and shut it down. Those who have already lost funds don’t lose hope. There are other proven ways to trade with legit brokers.

Bottom line

We won’t be recommending a broker that is a clone and has already blocked accounts.

Instead, we urge you to sign up with transparent experts with a trusted trading background. That’s the safest way to trade.

We wish everyone all the best in their trading.

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