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

prospectcapital

Operating status: SCAM

Website: https://prospectcapital.eu/?lang=en

Broker violations and abnormal records

Dec 06, 2022 The UK FCA Warns that Prospectcapital is a Clone Firm
On 7 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Prospectcapital was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/prospectcapital-clone-fca-authorised-firm

On 7 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Prospectcapital was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/prospectcapital-clone-fca-authorised-firm
Dec 07, 2022 BrokersView has Reviewed that prospectcapital is an Unregulated Forex Broker
Prospectcapital claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
According to its website, the broker is located in the UK.
As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.
FCA warned that prospectcapital was a clone firm.
The truth is that Prospectcapital 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.

Prospectcapital claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.FCA warned that prospectcapital was a clone firm.The truth is that Prospectcapital 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.

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