Captecinvltd – Can They be Trusted?
Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.
Captecinvltd - DO NOT TRADE WITH THIS PROVIDER
2.5/10
$100
Minimum Depositupdated 2023
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://captecinvltd.com
Founded: 2023
Regulations: Lack of Regulation
Languages: English, Google Translate Languages
Deposit Methods: Digital Currencies
Minimum Deposit: $50
Free Demo Account: Not Available
Number of Assets: Unspecified
Types of Assets: Fiat Currencies, Cryptocurrencies, Stocks, Commodities
Trading Accounts and Conditions
Captecinvltd does not offer their clients trading accounts. They offer their clients the following types of investment plans:
- Premium Plan: The minimum investment amount is $50 and the maximum is $9,999. You get an ROI of 3% daily for 4 days.
- Diagonal Plan: The minimum investment amount is $10,000 and the maximum is $49,999. You get an ROI of 3.5% daily for 4 days.
- Trigonal Plan: The minimum investment amount is $50,000 and there is no upper limit. You get an ROI of 4% daily for 4 days.
There is no mention of trading conditions anywhere on this broker’s website.
Captecinvltd – Advantages
There are no advantages to trading with Captecinvltd.
Captecinvltd – Disadvantages
Listed here are all the indicators that tell us that Captecinvltd is a scammer and to be avoided:
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Lies About Operating Legally
The first indicator of this broker’s scam is their lies about operating legally. On their website, Captecinvltd claims to operate legally, that they are certified to operate their investment business. However, the broker does not specify which authority has certified them.
The broker tells us that they are based in London, England, but there is no contact number provided. The only way that you can get in touch with them is by filling up the form on their Contact Us page.
Now, since they claim to operate from London, England, Captecinvltd would need to be regulated by the Financial Conduct Authority. This is the financial regulator that oversees all forex brokers in the UK.
We checked the FCA’s online register. There is no broker by this name listed with the regulator. And this means that this broker has lied about being legally certified to operate. They have not regulation at all. And this makes them scammers.
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 FCA
The Financial Conduct Authority monitors all brokers that operate in their jurisdiction. If they find out that a broker is operating in their country illegal, they issue a warning against that broker. Which is what has happened here.
Due to Captecinvltd operating illegally, the FCA has blacklisted the broker and issued a warning to all traders against dealing with them. The warning clearly states that this broker cannot be trusted and that they are not authorized to operate in the UK at all.
When a noted financial authority like the FCA blacklists a broker, it is confirmation that that broker is a scammer. Dealing with such a broker would be a sure way to lose all your funds.
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No Terms and Conditions
Another indicator of this broker’s scam is the lack of complete legal documents. Captecinvltd only has a short Privacy Policy in place, nothing else. There are no Terms and Conditions, no Service Agreement, no AML Policy and so no. The lack of such legal documents is a huge concern. These are the documents that define the broker’s service offerings, their terms of service and what you can expect from them. When these documents are missing, the broker can take your money and do what they want with it and there will be nothing you will be able to do about getting your funds back when you are scammed.
This is the reason why it is so important to take the time to read through the legal documents on a broker’s website before signing up with them. It can save you from being scammed.
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Poor Trading Platform
Captecinvltd offers their clients the most basic of trading platforms. It is barely functional and seems to exist in name only. This is a clear sign that we are dealing with a scammer since the trading platform is any broker’s main offering.
Legitimate brokers would ensure that their trading platform is the best possible one they can get and they will offer a free demo account that allows traders to check out their trading platform safely. The lack of such platforms means that we are dealing with a scammer.
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No Trading Conditions
Captecinvltd does not have any trading conditions in place and this tells us once again that they are out to scam people. The trading conditions combine with the trading platform to create the one single offering a broker has. Therefore, these trading conditions not only have to be attractive, they also have to be fair.
A lack of trading conditions simply means one thing – a scam.
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Profits Promised
Captecinvltd promises their clients certain returns on their investments. This means only one thing – this broker is a scammer. There is no broker that can guarantee profits. The forex market is so volatile that profits are far fewer than losses. In fact, legitimate brokers are legally required to specify the percentage of their clients that lose money while trading. That number is extremely high – between 75% and 85%. So, when you are promised profits, you are being scammed.
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Single Payment Option
When a broker offers only cryptocurrencies as their payment options, it means that they are scammers. Legitimate brokers will give you a wide range of payment options – cards, bank and wire transfers, e-wallets and cryptos.
Crypto payments are permanent and anonymous. If you transfer money using cryptos, there is no way to get it back. So, if you are not dealing with a trusted broker, this is not the best way to carry out transactions. Until you are certain of your broker, it is best to use a safer transfer method – credit or debit cards. If you are scammed, you have a chance to get your money back by filing for a chargeback. This is not something you can do if you use cryptos.
Conclusion
Captecinvlitd is a scammer and is not trustworthy at all. This broker must be avoided.
Captecinvltd
Pros
- None
Cons
- Lies About Operating Legally
- Blacklisted by FCA
- No Terms and Conditions
- Poor Trading Platform
- No Trading Conditions
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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