SmartCapital.Fund Review: Avoid this Broker at all Cost!

SmartCapital.Fund is a platform operating illegally—the claim to be offering forex trading services. Unfortunately, there is no evidence the venture is involved in trading. The platform is only after investors’ funds. Novice traders looking for a reliable investment company refrain from dealing with this entity. 

The broker does not have a license. It is dangerous entrusting your hard-earned money to suspicious people. You could end up losing everything. Moreover, after analyzing the entity, we discovered various red flags. For instance, the entity is operating anonymously. If they do not have anything to hide, why are they careful with the detail they share?

In legitimate companies, ownership information is easily accessible. SmartCapital.Fund is running its business in the dark. It would be impossible to trace them down. They are targeting novice traders. You will hardly find expert traders wasting their time in such an entity. 

Invest wisely by choosing reliable and genuine forex trading companies. You will earn best rewards without having to worry about your safety. Additionally, you will also enjoy better trading conditions. Licensed platforms handle the withdrawal requests in time. 

Smartcapital.fund Review

Currently, there are thousands of brokers in the market. It has also become easy for investors to join the financial market. However, you must trade cautiously as scammers continue to increase. Fraudsters are tactical and exploit investors to their last coin. They make ridiculous promises that are unattainable. 

SmartCapital.Fund is one of those platforms to watch out for. They are allegedly trading commodities, stocks, indices, and forex. The entity is not even using technology to gain better returns. It is pointless to give them access to your funds. 

Nonetheless, the offshore firm promises customers it protects traders’ funds. We do not see the name of it bank. Regulatory agencies mandate brokers to safeguard money in segregated accounts. This way, the firm cannot misuse customers’ funds. 

Investors’ data is also not protected. Having an SSL license does not guarantee your information won’t land in the wrong hands. The people managing the business are lethal scammers. They can use the data to manipulate traders or engage in identity theft. Instead of risking such critical information with offshore schemes, choose a better investment company. There are legitimate firms in the market which protect clients.

CryptoGain Trading Conditions 

The best forex trading companies invest in a versatile trading platform. You will find a user-friendly interface—unfortunately, SmartCapital.Fund provided a basic web trader platform. In most cases, scammers feature a trading platform to deceive clients their money is being invested. It is also easy for scammers to manipulate the market price while using bogus software.

One of the popular software in the market is the MetaTrader. It allows investors to trade automatically. The platform has powerful VPS, technical indicators, and tools. Moreover, the scheme does not have detailed information on its accounts. There are three investment schemes. The minimum amount to deposit is 250 EUR. 

The platform does not charge commission. However, their leverage ranges from 1:100 to 1:400. The limit is on the upper hand. If you are not an experienced trader, refrain from engaging with the scheme. A high cap can lead to both high profits for devastating losses. 

The scheme offers a spread of 3 pips. The limit is not advantageous as customers are subjected to high fees when opening trade. You are better off without the shady entity. Look for genuine companies with competitive trading conditions.

Withdrawal and Deposit 

SmartCapital.Fund accepts funds via Visa, Mastercard, wire transfer, and e-wallets. The firm is offering bonuses. However, before you cash out the rewards, you must execute a trading volume 30 times the amount you accepted. The majority of traders cannot meet the outrageous terms. Therefore, their money shall be trapped on the website. 

Inactive accounts attract a monthly fee charge of 10% out of your balance. There is also a fee of 10% on withdrawals that have not exceeded the 200 trade volume. The company take at least $50 for any withdrawal. You will be lucky if you manage to cash out funds from the website.

Contact Details and Customer Support 

SmartCapital.Fund fails to provide contact details. Therefore, we are unaware of the broker’s country of origin. Traders cannot reach support via email or phone. The only way to contact the firm is via filling out the contact form. This is not an ideal method of communication. 

The company will eventually vanish from the market. It is impossible to trace down ghost schemes. Their customers won’t have any choice but to count their losses. Scammers operate similarly. They publish attractive adverts. Once you click on the bait, they will request your phone number and email.

They will maintain close interaction, trying to convince you to venture with them. Their offer is usually tempting and irresistible. Even without planning to deposit funds, you will get yourself signing up. The moment you run out of funds, the scheme will treat you unethically to block your number. 

In th long run, you cannot reach the platform. SmartCapital.Fund is one of those suspicious firms to avoid. Better brokers are working with professional customer support. They resolve issues in time and protect their clients. 

CryptoGain Regulatory Status

SmartCapital.Fund is not observing the rules of financial bodies. The legal documentation doesn’t mention the law the company keeps. Therefore, it is correct to say the broker is operating on its own accord. They can easily violate the rules set by financial bodies to serve their greedy needs. 

Legitimate brokers must deposit hefty capital. The money is held in a separate account from that of traders. The requirement is to prove the company can successfully run its business without misusing customers’ funds. Additionally, it also shows the firm can withstand volatility. 

SmartCapital.Fund has not proven its financial capability. They can face bankruptcy exiting the market unceremoniously. Sadly, customers won’t receive compensation when this happens. Trustworthy companies protect investors against negative account balances. You can lose more money with offshore firms than what you initially deposited.

Stick to legitimate platforms to enjoy a conducive trading environment. The regulated brokers operate per the books. Some of these bodies include; the Financial Conduct Authority (FCA) of the UK, Commodity Future Trading Commission (CFTC) of the USA, Cyprus Securities and Exchange Commission (CySEC), and Australian Securities and Exchange Commission. 

Final Verdict 

SmartCapital.Fund is an outrageous investment platform. The first red flag is that the broker is operating illegally. They do not have a license. Additionally, the scheme does not leave any traces behind. Any attempt to go after the con artists will hit a hard rock. 

Invest with the best forex trading companies in the market. You will earn best returns at the comfort of your home. Moreover, you shall also enjoy ideal trading conditions. The regulated brokers provides peace of mind. This is because they operate per the books.