Capitalex Pro broker is sharing a UK address and that would be a good start. Especially after their promises about maximum protection and awaiting regulation.
But to see if they are really trusted before they get regulation, we are about to see. To keep yourself protected in the future, read this unbiased CapitalexPro review carefully.
The first thing to determine if Capitalexpro.com is legit is to check active licenses. But only in Tier 1 regulatory databases, since those are the only ones that can provide the maximum security that the broker promises. In this case, starting with FCA, BaFin and ASIC.
After a detailed search, we discovered that the company is far from legitimate. Firstly, the company is not licensed by any of the mentioned institutions. Secondly, their statements about regulations are designed to mislead you from the right trace.
After all, more than 30% are negative. Plenty of it for reading. Ultimately, if you decide to file a chargeback, our expert team is available to assist you.
Practically, they are misleading traders to trust them with fake regulatory statements. They will offer you fake protection, risky trading conditions and zero risk management. But they will persuade you to deposit more and more money based on the results.
However, those results are made with fictive web-based software. In the end, you can’t withdraw the profits because those are also fictive. But the money that you already sent, you can get it back. To find out the steps, contact our refund team.
More warning signs are coming with the fake platform. Instead of third-party MetaTrader or cTrader, CapitalexPro login is done through web trader. Generally, such platforms are questionable due to the high risk of manipulation. That’s practically the only way these swindlers can make any results.
Of course, with fake brokers come also fake features. Nevertheless, they claim to provide 4 major categories. Without dedicated software the data presented about assets is questionable. Those are:
Another sign to find out if is CapitalexPro safe is to take a look at their account types. There are many options between Bronze and VIP. Firstly, the minimum deposit requirement is $250. For unregulated brokers, that’s too much.
So, don’t fall for the story that they are waiting to be processed. Secondly, every higher account type brings higher leverage but no financial benefits, such as better spreads or lower fees. On the positive side, there’s an Islamic account available.
Important to realize is that the broker doesn’t offer a demo account. Most likely due to the risk of exposing their shady platform to experienced traders. Just keep in mind that a regulated broker would be much more transparent.
Leverage of 1:200 doesn’t comply with any regulations. Not even the European Securities and Markets Authority (ESMA). But another strange thing is that the company doesn’t provide any details about trading costs. This is something you don’t expect from a UK broker.
Indeed, yes up to 100% of the initial deposit. This is another warning sign since that is banned all across Europe, especially in the UK. This is primarily due to fraudulent policies that prevent you from withdrawing the funds.
Most likely not. Missing regulation and transparency, many negative reviews and non-existent withdrawal fees are leading to that conclusion. Ultimately, you wouldn’t have that many clients complaining about it. Therefore, choose funding options wisely. But also a broker that is really licensed. If you are not sure, be patient and do the research.
In the first place, you can contact the domestic regulator and share the issue with them. But that rarely can compensate any of your funds. Of course, if the broker is not Tier 1 regulated. In those cases, you can consult with our refund experts about future steps. Book your meeting now!
CapitalexPro is a fake UK broker offering FX and CFD services since 2023 to traders from Europe.
Not at all. The company is not regulated, they don’t have trusted software or transparent withdrawal conditions.
The minimum deposit matches the industry average of $250. But if you experience any withdrawal problems you can contact our team for assistance.
Considering the non-existent policy and fees, most likely forever. Proof of that is many negative reviews about the broker.
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