Trade Capital Broker Review: Is tradecapital.com A Scam Or Good Broker?

Trade Capital is a Forex CFD Broker that has several accounts on its web based platform.  Their trading assets includes-  a selection of forex pairs with some exotic currencies like Russian Ruble, Chinese Yuan, South African Rand and Brazilian Real, as well as CFDs on silver, gold, oil and even crypto coins like Litecoin, Ethereum, Ripple, Bitcoin and Bitcoin Cash. This broker is  owned by  Trade Capital Investments LLC, that is said to be based in Switzerland.

trade capital

Withdrawal and Deposit Method

Trade Capital withdrawal and deposit methods could be carried out by the following means: Visa, Matercard, Union pay, Bank Wire and Skrill.

 

 

License and Regulation

We could not find a license for this broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices.  This is a source of major concern. 

Trade Capital Broker Review- Disturbing Things Found

From our investigations so far, Trade Capital is just like nextcoinmarket and FXbrew Brokers, fraudsters who are adeptly scamming people online with the guise of cryptocurrency trading. Below are the redflags which are enough indication that this Broker is a sham.

  • Unnecessary fees.
  • Does not appear to be licensed or regulated to provide investment options

WARNING We do not endorse this broker!  Both the Central Bank of Ireland and the Commissione Nazionale per le Societa e la Borsa in Italy have issued a fresh warning against this broker.

OUR RECOMMENDATION >> FORTRADE

They are the best brokers in the industry and they offer trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. They also accept clients worldwide. We can vouch for them as they are regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe.visit their official website

Summary
Review Date
Reviewed Item
Trade Capital
Author Rating
11stargraygraygraygray

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