Capital Pro Investments – Are They Safe?
Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.
Capital Pro Investments - DO NOT TRADE WITH THIS PROVIDER
2.3/10
$100
Minimum Depositupdated 2021
The details for opening trading accounts are not indicated on the broker’s website. In order to register with this broker, you only need to go to their sign-up page where you’ll be asked to enter your name, email address, phone number, and password. You’ll also be asked to accept their Terms and Conditions and confirm that you’re over 18 years of age. After this, the trading platform will be made available for you and you can start trading using their demo account.
Try these regulated brokers if you want to start trading cryptocurrencies
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
Website URL:https://capitalpro-inv.com
Founded:2020
Regulations: Unregulated
Languages: English, Spanish, German, French, Italian, Russian
Deposit Methods:Credit Cards, Bitcoin Wallet, Bank Transfer,
Minimum Deposit:$500
Free Demo Account:No
Number of Assets:N/A
Types of Assets:Commodities, Forex, Indices, Stocks, Cryptos
Trading Accounts and Conditions
Capital Pro Investments offers its clients the following trading accounts:
- Micro: The deposit range is from $500 to $2,499.
- Mini: The deposit range is from $2,500 to $9,999.
- Silver: The deposit range is from $10,000 to $49,999.
- Gold: The deposit range is from $50,000 to $249,999.
- Diamond: The deposit range is from $250,000 to $499,999.
- VIP: The minimum deposit requirement is $500,000.
The leverage offered is a maximum of 1:200 for all account types. The spreads are not mentioned on the website, but when we checked the broker’s trading platform, it showed that the spreads for the EURUSD pair stood at 4.2 pips.
Capital Pro Investments– Advantages
We could not find any advantages to trading with Capital Pro Investments.
Capital Pro Investments – Disadvantages
Here are all the disadvantages we found with this broker:
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Unregulated Broker
Capital Pro Investments is owned and operated by a company called Elite Property Vision Ltd. And on Capital Pro Investments’ website, the broker has provided us with an address in Bulgaria, which is a part of the European Union.
To be able to offer financial services of this sort in Bulgaria, a broker needs to be licensed to operate either by the Bulgarian regulator, the FSA (Financial Supervision Commission) or by an equivalent authority from any other EU nation.
However, when we checked the online database of the Bulgarian FSA, we could not find Capital Pro Investment listed anywhere. Which means that this broker is not licensed in Bulgaria.
We also checked the French, German, Italian, Russian and UK regulators’ online databases to check if this broker or its parent company were listed. It wasn’t.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
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Blacklisted by Spanish CNMV
We found out that the Spanish regulator, the CNMV (Comision Nacional del Mercado de Valores / National Securities Market Commission) has actually blacklisted this broker and has issued a public warning against dealing with Capital Pro Investments as it is operating illegally.
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Parent Company Linked with Another Scammer
We also found out that Capital Pro Investments’ parent company, Elite Property Vision Ltd also owns another brokerage by the name of EverestBTC. EverestBTC is another broker which has proved to be a scam operation.
In fact, when you look at the websites of EverestBTC and Capital Pro Investments, the content is almost exactly the same; the only thing that differs is the imagery.
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High Leverage
The leverage offered by this broker is a maximum of 1:200, which proves yet again that Capital Pro Investments is a scam. The brokerage supposedly operates out of the EU. But the EU has capped leverages that brokers can offer at 1:30. Therefore, this 1:200 leverage offered by this broker is actually illegal.
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MetaTrader4 or 5 Not Offered
If you trade with Capital Pro Investments, then you will only get the use of a web-based trading platform, which while decent, is nothing compared to the widely used MetaTrader 4 or MetaTrader 5 software.
This platform offers you some tools such as time frames, live TV, live news feeds, price alerts, pending orders, and so on. However, the MT4 (and MT5) platforms offer much more – more than 50 charting options, market analytics and charting tools, trading bots for automatic trading and so on.
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Lack of Clarity About Deposit Methods
Capital Pro Investments states that it offers its clients multiple payment options – Yandex, WebMoney, QIWI, Bank Wire, Credit Cards, Debit Cards.
However, despite looking through this broker’s entire website, we could not find any deposit methods listed. We did find withdrawal options –credit cards, a Bitcoin wallet, and bank transfer. We can only assume that the deposit methods are the same as this, but it hasn’t been clearly specified.
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High Minimum Deposit Requirement
The minimum deposit requirement for the basic trading account offered by Capital Pro Investments is $500. This is extremely steep since the industry average ranges from $100 to $250. In fact, there are some extremely good brokerages that require you to deposit even less than the industry average to trade with them.
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Unfair Terms and Conditions
There are many terms and conditions that are quite unfavorable for traders. For example, you need to pay a withdrawal fee of $50, but you have to wait as much as 5 working days before your funds will be transferred. Considering that most regulated brokerages can deliver your funds to you in 24 (if not less) hours, a 5-working-day commitment is just ridiculous.
Furthermore, this broker mentions that it will charge you withdrawal fees, but it fails to mention the amounts.
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Bonuses Offered
Like all other scammers, Capital Pro Investments offers its clients bonuses. And of course, these bonuses come with rather nasty conditions for withdrawal. In this broker’s case, they demand that you need to buy options of 30x the bonus amount and the deposit amount! Such an insanely high trading volume is all but impossible to achieve for most traders. Which means that you never really get a chance to withdraw your money. And the broker uses your inability to reach your turnover target as an excuse to cancel your withdrawal requests.
Conclusion
Just like its sister brokerage, EverestBTC, Capital Pro Investments is not a broker to be trusted. It would be best to find a broker that is reputed and strongly regulated so that you know you will not lose your funds to a scammer.
Capital Pro Investments
Pros
- None
Cons
- Unregulated Broker
- Blacklisted by Spanish CNMV
- Parent Company Linked with Another Scammer
- High Leverage
- MetaTrader 4 or 5 Not Offered
Do not trade with unregulated brokers that will steal your funds - try these regulated brokers:
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.
The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.
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