Scam Brokers

Investing Capitals – Are They Trustworthy?

Chainbits Staff | Publish date: 08/27/2023 (Last updated: September 07, 2023 05:54 AM)

Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.

Investing Capitals - DO NOT TRADE WITH THIS PROVIDER

2.4/10

$100

Minimum Deposit

updated 2023

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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.

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Website URL: https://investing-capitals.com

Founded: 2023

Regulations: Unregulated

Languages: English, Russian, French, German

Deposit Methods: Visa, MasterCard, Wire Transfer, Bank Transfer, MoneyGram, Bitcoin

Minimum Deposit: $250

Free Demo Account: Not Provided

Number of Assets: Unspecified

Types of Assets: Forex, CFDs on Stock Indices, Commodities, Stocks, Metals, Energies

Trading Accounts and Conditions

Investing Capitals provides their clients with the following types of trading accounts:

Trial: The deposit amount is $250. There is no bonus for opening this account type. Leverage is up to 1:3, trading spreads are flexible. Trading swaps are flexible, but exchange fees are fixed.
Standard: The deposit amount is $3,000. There is no bonus for opening this account type. Leverage is up to 1:10, trading spreads are flexible. Trading swaps are flexible also, but Exchange fees are fixed.
Gold: The deposit amount is $15,000. There is a 30% bonus for opening this account type. Leverage is up to 1:20, trading spreads are fixed as are trading swaps.
Platinum: The deposit amount is $50,000. There is a 40% bonus for opening this account type. Leverage is up to 1:50, trading spreads are -25% as are trading swaps. There is an exchange fee of 0.5%.
VIP: The deposit amount is $100,000. There is a 50% bonus for opening this account. Leverage is up to 1:100, trading spreads are -50% as are trading swaps. There is 0.3% Exchange fee.
Prestige: The deposit amount is $1,000,000. There is a bonus but it is not specified. Leverage is up to 1:200, trading spreads are -0.75% and there is no trading swap. There are no commissions for Exchange fees.

Investing Capitals – Advantages

There are no advantages to trading with Investing Capitals.

Investing Capitals – Disadvantages

Listed here are all the red flags that tell us that Investing Capitals is a scammer:

Lack of Regulation

Investing Capitals’ first issue is that they are unregulated. Here is how we know.

This broker claims to be based in the UK – we make this assumption because they provide us with a UK number. However, we found out that this broker is actually an offshore entity based in the Marshall Islands. Furthermore, we do not know the name of the company that runs this brokerage and neither do they give us any licensing information. So, Investing Capitals is more or less anonymous.

Legitimate brokers, ensure that all their corporate and licensing details are complete. We know the name of the company that operates their website, we have their location and contact details, we know the name of the financial regulator that has given them the license to operate their business and so on.

To give the broker the benefit of the doubt, we checked the FCA’s register. The FCA, or the Financial Conduct Authority, is the UK’s financial regulator. Checking the Marshall Islands’ registers is a waste of time, since this jurisdiction does not provide regulatory oversight to forex brokers. Therefore, if a broker is based in this offshore location, they need to be regulated by another authority.

Our investigation revealed that Investing Capitals is not regulated by the FCA and is therefore a scammer since they are operating illegally.

Plus500

$100

Minimum Deposit

Start Trading

Read Review

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.

AvaTrade

$100

Minimum Deposit

Start Trading

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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.

Blacklisted by FCA

The FCA also has noticed that Investing Capitals is operating illegally. The regulator has issued a warning against this broker and has warned all traders in the UK to stay away from them as they are scammers.

The regulator also has stated that Investing Capitals is a clone firm – an illegal entity that has stolen another legitimate firm’s credentials and has passed them off as their own in order to scam people.

A clone firm is the worst kind of scammer.

Poor Trading Platform

Another red flag is this broker’s trading platform. One of the two offerings by a broker is their trading platform. Therefore, legitimate brokers ensure that they offer their clients the best platform in the market for trading.

Scam brokers like Investing Capitals, on the other hand, skimp on their trading platform. This broker offers their clients a very basic trading platform, one that barely functions; traders will not be able to anything more than buy and sell some assets on this platform.

The lack of a quality trading platform clearly tells us that we are dealing with a scammer.

Issues with Trading Conditions

The second offering that a broker has is their trading conditions. The trading platform combined with competitive trading conditions is what a broker offers to their clients.

So, if either one is an issue, then it is a warning to traders that things are not right with that broker.

We have already established that Investing Capitals’ trading platform is of the worst quality. The second red flag is their trading conditions.

The minimum deposits are expensive; while the basic account asks for just $250 as the minimum deposit, the next level jumps up massively to $3,000 and the highest account type requires a deposit of $1 million!

The spreads are not specified and the leverage ratios are rather skewed. Spreads are mentioned in pips and the negative percentages used by this broker make no sense.

So, while the account types page looks very detailed, the reality is that most of the important information about this broker’s trading conditions are actually missing.

Issues with Payments

Investing Capitals claims to offer multiple payment methods, however, when we checked their payments section, we found out that there were only two ways in which you can make payments – credit cards or cryptocurrencies.

The withdrawal conditions are not very fair either. The withdrawal processing time for the basic account is up to 48 hours and you have to pay a massive 10% withdrawal fee. The broker does not specify if there are any conditions to withdrawals, so once again, we have incomplete information.

Conclusion

Investing Capitals is not a trustworthy broker – they are a scam.