PROCapitalFX claims to be the possible way to make investors rich. However, this should not tempt you to believe that the platform will generate any investment gains for you because they lack transparency in the Company.
The platform is an alleged broker who promises investors are venturing into four different investments to generate profit for you. Investors are promises trading in MT4, which is a well-known Trading Company.
This trait is similar in most Ponzi schemes, and they only use false allegations to target you into depositing money in the account. The only people who get to the benefit of the platform are the owners, and you will not benefit a single coin from this investment firm.
We took the time to do research, and when you continue reading this review, we will shed some light on the red flags ProCapitalFX showcases. The platform claims to provide services for investors in the UK but doing so illegally without the required documents.
The platform promises investors a wide selection of CFDs and alleged access to the MT4 trading platform. The MT4 platform is a well-established company that operates smoothly with any trading software. MT4 users are guaranteed positive trade results, but there is no evidence to prove any link between PROCapitalFx and MT4.
Ponzi schemes always use high leverage to target you to believe in the Company is legit. ProCapitalFX promises investors leverage of 1:500. This investment firm promises investors innovative trade by using its technology to generate massive profits.
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The platform grants investors high-speed and single tap secure trading. Investors are promised the use of various trading tools on the platform and that they support different languages in the VIP service.
ProCapitalFX claims that it charges no commission on withdrawals and deposits. You’re also entitled to campaigns and bonuses that allegedly give you the advantage in the trading world.
PROCapitalFX.com claims to have the capability to host Islamic accounts. As a way of earning your trust, the Company claims to provide help in decision-making and that you are also entitled to a personal account manager.
The platform claims to provide premium quality commodities and Forex trading services that will generate maximum profit for you. The Company urges investors that since its founding in 2013, it has been able to generate favorable trading conditions and stimulate high profits to all the customers.
You are promised safety of funds while trading in the Company, yet how your security is guaranteed is not known in this is a risky claim for any company. The platform boasts being the best and beats all the competition in the market, but this allegation should not tempt you into investing in the Company.
This investment firm is not sensible in the method of operation, and also the kind of leverage it offers is above the standard limit. Legit Forex trading platforms that provide you with backup or evidence to support any promise they offer investors.
The Company claims to have a tablet, and mobile features hence guarantee you can access the platform when you require. The Company claims to reduce the cost of trading for investors and guarantees you short term and long-term profits.
Moreover, how the Company plans to generate these profits for you is not well outlined and seems to be a risky venture. Investors are also promised an increasing client base and increase ROI for all investors.
The Company claims that you are entitled to low costs while trading with the platform, yet they charge incredibly high for their packages.
The Company provides you with telephone contact that you can use to reach them just in case you require assistance. However, we cannot assure traders that they will receive any assistance from the Company or if they respond to your query.
Ponzi schemes usually use massive investment return allegations to target you into believing they are real, yet you will end up losing money. ProCapitalFX includes different investment plans that you can choose to venture in:
The higher the amount you spend on your investment from the more the chances of getting service from this investment firm. The plan entitles you to more information on the auto chartist and access to other platform features, but you have to buy the expensive ones for profit returns.
The standard investment plan, investors are allowed minimum investment of $250, the Gold and The Premium investment plan requires $40000 and $100,000 each. A classic investment plan requires you to deposit $5000.
These investment plans are only to tempt you into depositing more money into the account, and they cost incredibly high. Legit trading companies will always use reasonable figures, and they always meet the promise to their members, and you should trust such.
PROCapitalFX does not guarantee the safety of your funds as they do not provide any banking details that you can use to reach the Company once you lose your money or you require a refund. The Company only targets the money you deposit and the founders of this Company are unknown, and this is a major red flag on the Investment firm
There is no evidence of any successful pay to any investor; this proves that the platform is a definite scam that will rob all your investment funds. There is no past trade history of the Company for at least three months to assert that the platform is genuine and offering services to investors.
According to whois.com, ProCapitalFX was registered in 2018 June, and the registration expires in 2021 the same month. The Company’s registrar is Names Cheap, Inc.
Scammers mostly use this registrar as it allows investors the freedom to hide their details. The platform domain name is ProCapitalfx.com.
ProCapitalFX.com’s method of operation is shady and one that is not transparent to investors. There is no evidence of any previous trade. The platform has managed to prove that it is successful, and you’re not guaranteed the safety of your money.
No regulatory documents have been provided to prove the Company is regulated and following the laws set to govern different platforms in different countries that conduct trading services. The Company is a definite scam that will take all your money, and you should only venture with legit Forex companies.
The kind of tools this platform will give you to generate the profit is also not mentioned. PROcapitalFX uses unregulated brokers, and this is a major red flag for every experienced investor in the trading world.
The company owners are anonymous, and this is a risky feature in any investment firm that claims to generate profits. You deserve the right to know who owns a platform before venturing in it, or else you’ll end up losing not only money but also personal information to criminals.
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