Capital4Bank (Capital4Bank.com) is a CFD and Forex broker scam to hook the financial world. Claiming to offer Forex and Crypto currency, we simply had to look at it. Folks, due to the numerous email complaints we have received, we are sure this is a scam. Don’t take our word for it, read this detailed and honest review on Capital 4 Bank. We promise not to leave any stone untouched.
According to the website, Capital4Bank is the platform to use. If you don’t want to but crypto coins, CFDs is an option this broker gives. Honestly, the web interface looks pretty professional and we have no doubt looks believable. Another selling point that this fake broker offers is their user friendly trading platform. According to the creators of this website, they claim to have a meta4trader platform that easily penetrates the market.
How Capital4Bank does all these? One of the main problem we have with Capital4Bank is the level of anonymity. No one can really point out exactly what goes on with this trading platform. And here’s the biggest obstacle we have with this platform. No one really knows anything about this entire platform. Not even the owners can be contacted. Read this full review to find out the dirty tricks used by these fraudsters.
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One of the first errors we noticed with Capital 4 Banks was the fake economic calendar. According to the website, members stay informed on daily market news and trends. Is this true? Anyone can post daily market news and trends from copying from other sites. What is the difference one might ask? Relevance is all what must be pointed out when it comes to economic calendars.
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Capital4Bank does not in any way have relevance when it comes to their trading calendar. We looked at their calendar and it made no sense. Only thing it did was remind us of what we know. It means that this economic calendar has no formal standing. Economic calendar that does not give members an advantage is simply, stale. An economic calendar should inform members of what to expect in the future.
Problem we have with Capital4Bank is the demo account. Folks, this demo account is rigged in your favor. One might wonder, what’s wrong with that? Let’s explain it to you what’s totally wrong with this. All these fraudsters want you to do is sign up with them. What they do is rig the demo account in your favor to make only winning trades. Notice that you never make a losing trade with their demo account?
It’s a ploy to make members think that they can actually win using this fake platform. Clever tactic that only scams potential and newbie investors. Once investors see that they can win with Capital4Bank, they will sign up. It’s all what these scammers want with you, your money and personal information details. Never sign up with a platform that has rigged its demo account. Why? Real account will become a nightmare for you.
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Capital4Bank prides itself in having four different account types to choose from. Members can choose from Micro account, Standard account, premium account, and VIP account. You should be aware that each account has a different perk to it. A good example is Micro account which has a minimum opening deposit of $100. To be honest, this is way too low for a minimum required deposit. Industry standards dictates a minimum balance of $250.
VIP account holders must cough over $100,000 to start trading with Capital4Bank. Isn’t this a bummer? Plus, there’s no real or concrete incentive as to why this account is important. VIP account has all the features of Micro account except a higher minimum requirement. Only unique thing with VIP account is that members get fund management. Still, this is not a proper incentive to members.
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According to their website, they clearly state they have the best platform. Mobile and web trader platforms are easily available. Problem with this statement is that no one can actually verify this. As we conducted our investigation, we tried downloading their platform. Problems started immediately as download was slow even with a fast and strong connection. Download also stalled at 58% making us question the entire platform.
A platform that stalls when downloading simply means that it’s unstable. What this means is that even a newbie hacker can take over this platform? Imagine what hackers would do after taking over Capital4Bank. All your credit card information would be stolen and also your entire deposit. This is not news to us since unstable platforms have been a cause for alarm. Why would they create an unstable platform?
Another disturbing feature we noticed with this platform is that it’s not secure. A legitimate platform should have SSL Encryption for full protection. Notice that their website is not SSL encrypted? Surely, this is a cause for alarm. Expert traders will concur with us as that you should stay away from this platform. How can you sign up with a platform that can be hacked easily and without any full protection?
Are your funds secure with Capital4Bank? Hell no. We are also not sure whether these scammers have segregated their accounts. It means that when signing up, you could be depositing money straight to their bank account. If you do this, there’s no way you can get it back. Here is the main reason why we are against this shady broker. No one in the trading community can confirm their legitimacy. Stay away from it as you possibly can.
Another problem we have with this platform is the anonymity involved. We have no clue who owns this platform. If it’s a company, we believe they have used a fake company. According to their about us page, Capital 4 Bank is owned by Capital Com Investment LTD. We did a little digging and there’s no company registered with that name. No one really has been in touch with the owners of this platform.
It makes it a total scam that all of us should avoid.
Yes, Capital4 Bank is a CFD and Forex scam that is scamming thousands of people. Best thing for you is to stay away from it and ignore all promotional material. Make sure you mark their emails as Spam to protect yourself.
Evidence clearly show that we are dealing with professional scammers. We have no option but to blacklist Capital4Bank as a CFD and Forex scam. Stay away from it completely.
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