FirstCapital1 Review : Fees, Pros and Cons, Reviews by Real Traders

FirstCapital1

Operating status: SCAM

Website: https://firstcapital1.com/

Broker violations and abnormal records

Mar 09, 2023 The BCSC issued a warning against FirstCapital1
The British Columbia Securities Commission (BCSC) issued a warning against FirstCapital1 on March 10th, 2023 to caution investors about this broker which is not registered to trade in, or advise on, securities or derivatives in British Columbia: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/firstcapital1

The British Columbia Securities Commission (BCSC) issued a warning against FirstCapital1 on March 10th, 2023 to caution investors about this broker which is not registered to trade in, or advise on, securities or derivatives in British Columbia: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/firstcapital1
Mar 12, 2023 BrokersView has reviewed that FirstCapital1 is an Unregulated broker
FirstCapital1 presents zero details about its regulatory information, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.
As we read the information on this broker's website, we found that FirstCapital1 claimed to be located Switzerland. According to rules and laws, brokers providing financial services or products in Switzerland shall be authorised by Swiss Financial Market Supervisory Authority (FINMA). However, our search for FirstCapital1 on FINMA's registry did not yield any matching results. Additionally, the British Columbia Securities Commission (BCSC) issued a warning against FirstCapital1 to caution investors about this broker.
The truth is, FirstCapital1 is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

FirstCapital1 presents zero details about its regulatory information, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.As we read the information on this broker's website, we found that FirstCapital1 claimed to be located Switzerland. According to rules and laws, brokers providing financial services or products in Switzerland shall be authorised by Swiss Financial Market Supervisory Authority (FINMA). However, our search for FirstCapital1 on FINMA's registry did not yield any matching results. Additionally, the British Columbia Securities Commission (BCSC) issued a warning against FirstCapital1 to caution investors about this broker.The truth is, FirstCapital1 is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Apr 27, 2023 The Swiss regulator FINMA issued a warning against FirstCapital1
On April 28, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against FirstCapital1, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/firstcapital1/

On April 28, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against FirstCapital1, stating that this broker is not entered in its commercial register: https://www.finma.ch/en/finma-public/warning-list/firstcapital1/
Oct 01, 2023 The OSC issues a warning against FirstCapital1
On October 2, 2023, the Ontario Securities Commission (OSC) issued a warning against FirstCapital1, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/firstcapital1

On October 2, 2023, the Ontario Securities Commission (OSC) issued a warning against FirstCapital1, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/firstcapital1

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