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Capital GBP: Capitalgbp.com Askew Forex Scam

Capital GBP: Capitalgbp.com Askew Forex Scam

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Capital GBP (Capitalgbp.com) is another Crypto Currency, CFDs, and Forex scam broker to hit the lucrative trading world. CapitalGBP is professing to offer one of a kind 30% welcome bonus to anyone who signs up. After receiving numerous email complaints from members, we decided to investigate. Why are members crying foul with this broker? What’s happening with deposits? Read this detailed and honest CAPITAL GBP review and get the truth.

Capital GBP Review

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Capital GBP Review

Complaints received from members centered on lack of proper communication after deposits were made. It seems the broker was waiting for members to deposit before going under. What these scam artists do is hire call agents who claim to be account managers. Before depositing, users will be harassed by phone calls urging them to sign up with this broker. After making deposits, these account managers go under and are nowhere to be found.

What these scam artists are good at is create a show which looks real to users. By cloning other legit websites, users are enticed into believing this is a real brokerage firm. Thanks to our years of professional trading, we know how to spot scams from a mile away. Why do investors fall for these scams? To find out, you need to read reviews before signing up with any online trading platforms. These reviews help to give investors a clear picture of what to expect with a certain broker.

About Capital GBP

According to their about us page, this platform is owned by Game Capital Ads Limited. Game Capital Ads Limited is linked with other scam products such as 247 SmartFX e 360 SmartFX. Capital GBP is another scam product created by this company. What these scammers do is create other scams when original scams have been exposed. Stay away from any product associated with this company.

Who are the founding members of this company or their products? Why have they failed to post details regarding the names of actual people running this website? Scam artists will do anything in their power to hide their actual names. Stay away from this broker and resist any calls urging you to sign up. These are merely professional online scam artist.

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Is Capital GBP licensed or registered?

Capital GBP is using UK phone lines to try and entice users to believe they are actually based there. For any UK trading platform to offer trading licenses, they must pass through a thorough test. The governing body which checks issues trading licenses is the FCA. Capital GBP fails to be listed under brokers licensed to operate trading licenses. To confirm their licensing credentials, we also involved other regulatory bodies. These include ASIC, COSNOB, CySEC, and NFA. None of these regulatory bodies has ever issued a license to this platform.

Why have these scam artists failed to post any details regarding their license? A real broker will post copies of their licensing to prove authenticity. Most brokers will post their licensing number at the footer of their homepage for all to see. It seems Capital GBP fails to do this as they don’t have the required documents. Any investors who signs up will be dealing with an unauthorized broker.

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Disadvantages of Capital GBP

Depositing and withdrawing funds

Scam artists want to get your funds as easy and fast as possible. This is why they have convenient depository channels available at all times. To deposit funds with this broker, users can choose to use AstroPay, Maestro, Neteller, Skrill, and Visa. These depository channels are available all over the world. This enables CapitalGBP to trap as many investors as they possibly can from all over the world. Before you deposit funds, there are points you need to know.

Withdrawing funds with this broker is what makes it a scam. No member has been able to withdraw funds with this broker. Scam artists will entice investors to sign up and deposit funds and later refuse to grant withdrawal requests. Stay away from brokers who are anonymous and lack trading licenses. Trying to recover stolen funds proves to be difficult as these could be offshore brokers. Why go through this pain when you can choose acceptable and proven platforms?

Tipos de Contas

Capital GBP Account Types

Capital GBP is furnishing users with four different account types. These accounts are named Standard, Classic, Gold, and Premium. What you need to do is stay away from these accounts. What we noticed odd with these accounts is how similar they are to each other. Two accounts are almost identical to each other as with the last two account types. What is the intention of this? Why would a broker deposit $50,000 and get same trading advantages as one who deposits $20,000?

Plataformas de negociação

According to details found on their About us page, this broker has Metatrader platform as well as xStation.  Another problem we discovered is lack of proper security features with their platforms. None of these platforms had any SSL encryption which leaves users at risk. Hackers can easily target these platforms for credit card information as well as identity details. Stay away!

Are funds safe with Capital GBP?

There’s no way funds are secure with a platform which lacks proper and valid trading license. Stay away from this broker or lose your entire deposits. Which bank do they use to store funds from investors? Is it possible investors are depositing funds straight to owner’s bank account. And this is why dealing with Capital GBP is forbidden.

Another perturbing issue is when it comes to segregation of accounts. Pooling funds in a single account is risky and is what this broker is doing. Capital GBP is merging assets in one account which could lead to all users losing assets at once. Members should not expect any compensation from this broker. CapitalGBP does not insure funds deposited by members which is against set industry rules.

Is Capital GBP a Scam?

After checking all the evidence, we are sure Capital GBP is a scam. Make sure to stay away from this platform. Whoever signs up with this broker should expect some rough treatment.

Ponto de partida

Adding this broker to our scam blacklist will help protect our readers from falling into this trap. Mark all their emails as Spam and never click on any links sent by them.

Capital GBP Crypto and Forex Review

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