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Our regaincapital.com review exposes why this broker is a clone of the regaincap.com brokerage. Everything is the same, including using the legit broker’s license credentials. Our Regain Capital Review will reveal all the dirty tricks this offshore broker uses.
You won’t regain any capital with this broker, and you will lose it all. The broker blocks withdrawals and sets unfair trading conditions. These include high leverage and bonuses that are mere traps.
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As we stated earlier, Regaincapital.com is an offshore broker registered in Seychelles. Despite their claims of having a daily turnover of $130,000,000, these are false numbers. Remember, the broker is a clone of an existing trading platform.
Once you land on the homepage, the website aesthetics looks appealing. That’s where we noticed we had seen this web layout before. And that’s when it all clicked the broker is a clone. Even the domain name is nearly the same.
The broker uses a reputable platform’s image to try and fool naïve investors. And that’s why we have to expose the broker and protect innocent traders. Rising complaints made us take a closer look at this broker.
Claims of having over 150+ professional strategies are all false. The broker doesn’t even have a single account manager on board. Furthermore, no broker has come out supporting any claims laid out on the homepage.
Here’s the plot, the broker only wants members to deposit funds and later block withdrawals. With a clone platform, there’s no actual trading taking place. So we have a broker that doesn’t offer much creativity.
After depositing funds, the broker creates a dummy trading scenario. Only a buy-and-sell option is available for trading on this platform. It’s more of a demo account where your balance reflects the trading activities.
You won’t get far with this broker as it lacks credibility. So you must stay away from this broker or risk losing it all. After trading, the moment you decide to withdraw funds, that’s when the broker reveals their true colors.
Withdrawing becomes a problem when the broker sends emails asking for vital documents. These include bank statements, credit card details, and your ID. The broker claims these are documents used to validate the user.
We don’t understand why the broker would use such methods to verify accounts. There are other safer ways, including two-factor verification. Who knows what the broker plans to do with your details? The broker would create a different persona using your details.
Nobody knows the people behind this brokerage. And that makes it an anonymous trading platform. You need to stay away from such platforms or risk losing everything. The broker is in no shape of being accountable or transparent.
And that’s why we must strive to expose the broker’s attempt to fool naïve traders. Our regaincapital.com review will tell every trick used. And that also means revealing the tricks that appear as promos but are traps.
The broker fails to give users information about who owns or runs the store. And that means having to sign up not knowing set conditions. You can see the broker fails even to list the acceptable minimum deposit.
Leverage and spreads remain unknown until you sign up and fund your account. You don’t get to see these features until you fund the tiers. These are tactics used by scam brokers planning an early exit in the market.
Regulators have agreed on leverage for assets at 1:100. After opening an account, the broker sets leverage to levels of 1:500. That’s unacceptable considering retail traders in the United States is 1:50.
Spreads are also not listed on the platform. For example, does the broker offer fixed or variable spreads?
The broker also moves quickly to demand a high deposit amount. Regulators in almost all jurisdictions agree to a minimum deposit of $250. The broker calls members and asks for a higher value.
You get a broker calling members claiming the more you deposit, the higher your chances of winning. Unfortunately, these claims don’t offer much truth, and the broker plans to run away with your funds.
There are several deposit bonuses available on the platform. These include deposits and referral bonuses. In addition, there are also other promotional bonuses, such as crypto and deposit bonus. For newbie traders, these seem like ideal ways to sign up.
Despite the broker promising these bonuses, you end up paying every penny. Before withdrawing, the broker will demand you pay the bonus value in full. The moment you do so, the broker blocks your account.
Traders get five assets: commodities, crypto, forex, indices, and stocks. Bonds are found under the commodities, and other assets include crude oil and energy.
Crypto assets include major cryptos such as Bitmain, Ethereum, Litecoin, and Ripple. The broker pairs these assets against each other.
Forex pairs found on the platform are leading major currencies. However, the broker fails to offer exotic and minor pairs.
Indices found include DAX and Dow Jones. The broker also lists several stocks from leading companies from different sectors.
There are only two funding options, MasterCard and Visa. You only get to fund using a bank transfer. The broker can open a business account without leaving names with this avenue. And that could potentially be risky.
With an anonymous broker, recovering funds becomes a problem. The broker fails to offer any details regarding who should be held liable. And that puts your funds under an anonymous cloud.
Your funds are far from safe with a broker who fails to offer insurance coverage for funds deposited. The broker also fails to segregate accounts as dictated by trading accounts. And that’s why we must expose this broker.
A broker should offer security for funds deposited in case of bankruptcy or insolvency. That’s not the case with Regain capital, the clone. You won’t receive compensation, even with a balance, when the broker goes down.
Despite claiming to offer an MT5 trading platform, that’s not what you get. Instead, the broker offers a custom-made platform that’s unstable. You have to use reliable platforms that provide depth for trading.
The problem with their trading platform is lacking relevant features. You get a platform lacking technical analysis and accurate signals. Even the inbuilt robots are not accurate or even offer reliable automation.
Regaincapital.com doesn’t have a valid license and is using the registration documents of another broker. Unfortunately, an unregulated broker fails to offer much in terms of following the legal framework. That’s why we have to expose the legal aspect of this broker.
No regulator will aid you when you sign up with this broker. And that’s why we must avoid unregulated brokers. These brokers don’t follow the industry’s legal framework set by regulators.
Please avoid this clone, as the broker only wants to take funds from you.
Note: The best investments are those tested by experts. Take a look at these groundbreaking investments.
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