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

FXCAP

Operating status: SCAM

Website: https://www.fxcapinve.com/

Broker violations and abnormal records

Nov 14, 2022 BrokersView has Reviewed that FXCAP is an Unregulated Forex Broker
FXCAP claims to be a global online Forex and CFD broker based in Vanuatu while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. What's more, we did not find any match results to this broker in the financial regulatory authority of Vanuatu, the Vanuatu Financial Services Commission (VFSC). The truth is, FXCAP is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

FXCAP claims to be a global online Forex and CFD broker based in Vanuatu while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. What's more, we did not find any match results to this broker in the financial regulatory authority of Vanuatu, the Vanuatu Financial Services Commission (VFSC). The truth is, FXCAP is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Dec 06, 2022 BrokersView has found that FXCAP's domain is not working
On 7 Dec 2022, BrokersView found that the domain of FXCAP (https://www.fxcapinve.com/) was invalid.
The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

On 7 Dec 2022, BrokersView found that the domain of FXCAP (https://www.fxcapinve.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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