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MyCapitalInvest24
Operating status: SCAM
Website: https://mycapitalinvest24.com/
Broker violations and abnormal records
On April 5, 2024, the British Columbia Securities Commission (BCSC) issued a warning against MyCapitalInvest24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/mycapitalinvest24
On April 5, 2024, the British Columbia Securities Commission (BCSC) issued a warning against MyCapitalInvest24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/mycapitalinvest24MyCapitalInvest24, a broker whose domain name was registered as recently as September 2023, claims to have 6 years of experience and over 3 million customers. Such achievements are nearly impossible for a brand that has just been established. This raises a red flag, indicating potential issues with the broker's credibility.
The absence of regulatory information is a significant scam indicator. While the company purports to be located in the UK, it fails to comply with the relevant regulations seeking authorization from the Financial Conduct Authority (FCA).
In addition, the British Columbia Securities Commission (BCSC) issued a warning against MyCapitalInvest24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.
In essence, MyCapitalInvest24 is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
MyCapitalInvest24 appears to be a scam.
MyCapitalInvest24, a broker whose domain name was registered as recently as September 2023, claims to have 6 years of experience and over 3 million customers. Such achievements are nearly impossible for a brand that has just been established. This raises a red flag, indicating potential issues with the broker's credibility.The absence of regulatory information is a significant scam indicator. While the company purports to be located in the UK, it fails to comply with the relevant regulations seeking authorization from the Financial Conduct Authority (FCA).In addition, the British Columbia Securities Commission (BCSC) issued a warning against MyCapitalInvest24, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.In essence, MyCapitalInvest24 is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.MyCapitalInvest24 appears to be a scam.On May 24, 2024, the Ontario Securities Commission (OSC) issued a warning against MyCapitalInvest24, 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/mycapitalinvest24
On May 24, 2024, the Ontario Securities Commission (OSC) issued a warning against MyCapitalInvest24, 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/mycapitalinvest24
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