Updated on April 24, 2024
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In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Capoinvest due to the issues we've identified.
Is Capoinvest Scam or Legit Broker? ▲
Trading with Capoinvest is strongly discouraged, as this entity lacks proper regulatory oversight. It purports to be affiliated with CAPITAL GROUP INVESTMENT (LUX) and even presents a registration number 747792 with the FCA, suggesting a U.S. base. However, its claims of being located at 30 Coleman Street, London, are dubious, given the absence of necessary regulatory approvals. The discrepancy in its claimed location and regulatory status casts serious doubts on its legitimacy, urging potential investors to proceed with caution.
Registered in: No registration
Type of License: No License
Is Capoinvest safe to trade: No
Recommended Licenses: FCA in UK & ASIC in Australia
Capoinvest presents itself as a key player in Europe's financial market, focusing on Forex/CFDs and Cryptocurrency trading. Despite offering various trading software and tools, the broker's claim of providing a 100% transparent and secure trading environment cannot be verified. Our thorough research indicates a lack of regulation and a potential misuse of another entity's registration details, raising significant concerns about its operational integrity.
Capoinvest portrays itself as a reputable financial institution within Europe, specializing in the trading of Forex, CFDs, and Cryptocurrencies through diverse software and tools. However, the assertion of offering a fully transparent and secure trading platform is questionable. The absence of regulatory compliance coupled with the potential for misrepresenting its association with a regulated entity underscores the need for heightened vigilance when considering investment opportunities with Capoinvest.
In light of the findings from our in-depth review, we strongly advise against engaging with Capoinvest and similarly unregulated brokers. The lack of transparency concerning regulatory status, trading conditions, and basic contact information serves as a significant warning sign. Often, entities without proper regulation engage in investment scams, putting traders at risk. It is imperative to opt for brokers regulated in reputable jurisdictions such as the UK or Australia and to consider trading with established and trustworthy brokers like Alpari and XM.
Capoinvest Update
As of the most recent update, Capoinvest's website appears to be inactive, suggesting a halt in its trading services and the opening of new accounts. Despite this development, potential traders should remain vigilant against any trading proposals that may emerge from this entity. The cessation of online activity does not eliminate the need for caution, as the risk associated with unregulated brokers persists.
When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.
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