Capital TradeFX Review
Reason to avoid: Offshore license
Listed Date: July 19, 2019
Top 3 Forex Brokers
Beware Capital TradeFX is a Non Licensed Broker. It is NOT SAFE to trade.
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Is Capital TradeFX a scam or legit broker?
No, it is not safe to trade with Capital TradeFX. Capital TradeFX is owned by Capital TradeFX Ltd., which is an offshore company licensed in St. Vincent and the Grenadine.
About Capital TradeFX
| 🗺️ Registered in | St. Vincent and the Grenadines |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is Capital TradeFX safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | IC Markets - licensed by ASIC in Australia |
St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as 4xincome, Monfex and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.
According to the website, Capital TradeFX Ltd is an International Foreign Exchange broker offering tailored trading services to clients from all over the world. However, the company doesn’t provide any regulation information besides the offshore one. It claims to be registered and located in Hong Kong, but it is not authorized by its local Securities and Futures Commission (SFC).
Moreover, the broker has been blacklisted by the Spainish regulator CNMV (the National Securities Market Commission):
“Capital TradeFx Ltd is not authorised to provide the investment services of the Securities Markets Law, which include investment advice, or to provide auxiliary services in relation to the financial instruments including, for those purposes, foreign currency transactions.”
Conclusion
We advise all investors and traders to avoid Capital TradeFX and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HYCM and BlackBull markets.
Capital TradeFX website is no longer active.
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is astrofxmining.com the same company as Capital FX International? Or is Astrofxmining.com a legit trader?
Thank you and hope to receive your response soon
They are scammers stay away please
There is a man working with them Alfred Martins
They steal your money
Link is fx- capitaltrade ltd
http//fxcapital-trade.ltd
Scammers avoid at all costs please
Man working with them Alfred Martins
Like to invite poeple on Telegram
Once you invest you don’t see your money again
I have the proof to show it to you guys if you want it made a withdrawal 24 hours ago but there FAQ says 1 hour SCAMMERS
I nearly became one of those who been victims you advice please which Forex companies are legit
Hi, is this the same as Capitalfxtrade.net ?
They are nothing but a scam They will tell you and tell you no more fees no more fees your will make your deposit that they tell you you will have control of (you Don’t!) And then after your deposit they start changing the terms they use ever so slightly different so that if your not watching because they have told you all along no fees All of assudden on withdrawalThey want 4000$ and I’m not sure if that’s Everytime or not because I told them at the start that was all I had as due to circumstances in life I had nothing and it was a restart! Well so much for a restart even . Ugh my advice RUN away as soon as they start talking it’s all lies!!!
Theres a woman name annabel working with them they scam people in social medias like instagram, they hack profiles.