Do not take this platform as a clear instrument for earning profits. On the opposite, this shady supplier is hiding behind an nameless web site whereas the authorities are scorching on his tail.
Our Forex Capital Gain Review focuses on exposing the lies behind this funding hoax and the way it guarantees profitable returns to entice potential victims. Please learn our evaluation to discover ways to establish buying and selling scams corresponding to Forex Capital Gain and BW.com.
| Regulated by: | Unregulated Scam Broker |
| Is This Company Safe? | No |
| Known Websites: | forexcapitalgain.com |
| Have Warnings from: | CFTC |
| Registered in: | US (allegedly) |
| Operating since: | 2020-05-21 |
| Trading Platforms: | N/A |
| Maximum Leverage: | N/A |
| Minimum Deposit: | 300 USD |
| Deposit Bonus: | N/A |
| Trading Assets: | Forex, Binary Options |
| Free Demo Account: | Unavailable |
| How to Withdraw from This Company? | Since this firm is unlikely to return your cash – contact your financial institution or monetary regulator, or just attain out to us for skilled help in recovering your funds. |
Legal Info: Is ForexCapitalGain Regulated?
Forex Capital Gain LTD claims to be a respectable American buying and selling firm however there isn’t any information about this entity anyplace on the web apart from the dealer’s web site. We did some extra analysis and managed to discover a regulatory warning in opposition to this platform.
On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) put Forex Capital Gain on its RED List and flagged the dealer as unauthorized. “If an unregistered entity solicits you, exercise extreme caution,” says the CFTC so please heed this warning.
Instead of trusting unlicensed suppliers, it’s best to keep on with regulated brokers working underneath the supervision of a good monetary authority such because the FCA (UK), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), MAS (Singapore), CySEC (Cyprus), and so on.
Who Are Forex Capital Gain’s Targets?
According to godaddy.com/whois, the forexcapitalgain.com web site area was created on May 21, 2020. Since then, the monetary swindler has been focusing on primarily unsuspecting merchants who reside within the following nations:
- US;
- UK;
- Canada;
- India;
- Malaysia.
All these nations are closely regulated when it comes to the monetary market. To reiterate, the US CFTC clearly and unambiguously acknowledged that this brokerage agency is just not licensed. All of Forex Capital Gain’s providers are illicit.
Trader Reviews – Sharing Experiences
If you want extra proof that this can be a rip-off, merely take a look at the dealer critiques on trustpilot.com. At the time of this writing, the brokerage agency acquired eight adverse critiques. Frustrated merchants defined how the rip-off works.
More complaints could be discovered on scamadviser.com whereas ForexPeaceArmy (FPA) described the platform as “a High Yield Investment Program (HYIP) company that offers impossible rates of return.”
Please keep away from buying and selling on unregulated and blacklisted platforms corresponding to Forex Capital Gain or TimBullman and as a substitute keep on with clear brokerage companies with secure buying and selling circumstances. In case you expertise withdrawal points with this dealer, or every other shady supplier for that matter, please contact us for assist as a result of we might help you recuperate your funds.
Which Trading Platform Is Available?
Forex Capital Gain provides an oversimplified and rudimental net buying and selling platform, which helps common Forex foreign money pairs and binary choices buying and selling.
We have been unable to take a look at the platform as a result of there was no demo account choice. Nevertheless, browser-based platforms are usually lackluster and might simply be manipulated to create an phantasm of buying and selling income.
For that motive, you shouldn’t commerce on net terminals. if you’d like a pure buying and selling expertise, it’s best to keep on with licensed suppliers that assist acknowledged third-party buying and selling software program corresponding to MetaTrader 4, MetaTrader 5, or cTrader.
Available Investment Plans
| Plan | Starter | Silver | Gold | Platinum |
| Minimum Deposit | 300 USD | 700 USD | 1,000 USD | 1,500 USD |
| Return on Investment | 2,778 USD | 4,289 USD | 7,167 USD | 9,556 USD |
Leverage, Spreads, Commissions, Demo Account
The most leverage that Forex Capital Gain provides was not disclosed. In normal, excessive leverage can amplify potential income, however it additionally considerably will increase the danger of potential losses, therefore the regulatory restrict of 1:50 for retail shoppers within the US.
Spreads and commissions, i.e. buying and selling prices weren’t disclosed both, which raises concern. Such an absence of transparency is alarming. As for the ROI listed on the web site, it’s not possible to ensure such exact income in such brief intervals of time.
If you’re a newbie, you shouldn’t be risking actual cash immediately. Unfortunately, Forex Capital Gain doesn’t assist a free demo account. Every respectable brokerage agency these days provides a demo account so you’ll want to select the fitting supplier.
Deposit and Withdrawal Process
Forex Capital Gain states that there are a number of out there fee strategies that can be utilized to fund stay buying and selling accounts:
- Credit/debit playing cards;
- Wire transfers;
- E-wallets;
- Cryptocurrencies.
The minimal deposit requirement is 300 USD and there are allegedly no deposit and withdrawal charges. Regardless, it’s unlikely that you just’ll be capable to withdraw funds from this platform so please contemplate a chargeback.
In case you deposited funds through MasterCard or VISA credit score/debit playing cards, you may request a chargeback on the issuing financial institution inside 540 days and reverse the transaction. Wire transfers could be reversed through a recall however this motion can solely work for transactions but to be accomplished.
Key Facts To Consider About Forex Capital Gain
To sum up, Forex Capital Gain is a fraudulent dealer with no legitimate license. The cyber con artist is principally focusing on merchants from the United States, United Kingdom, Canada, India, and Malaysia.
We don’t advocate this platform as a result of it’s unregulated, plus listed on the US CFTC regulator’s RED List. In case you’re a sufferer of the Forex Capital Gain rip-off, you will need to search our skilled assist to recuperate your cash!
Use the shape under to guide your free session with Scam Brokers Reviews and inform us extra about your case. Our staff will gladly information you thru the chargeback course of and help you each step of the best way.
Book your session with us at the moment and begin the chargeback course of.
FAQ Section
What is Forex Capital Gain Broker?
Forex Capital Gain is an nameless Forex and binary choices buying and selling rip-off that operates with no license and scams merchants.
Is My Money Safe With ForexCapitalGain.com?
Absolutely not. Several merchants have been defrauded by this unscrupulous scammer over the previous three years.
What to Do If I Was Scammed By An Online Broker?
You ought to guide a free session with our staff so we are able to undergo your case collectively and give you a correct answer to get your a refund!
