Is CapitalXP Scam or Legit Broker?

 

CapitalXP is not a safe broker as it does not hold any serious license. The broker is registered in St. Vincent and the Grenadines and does not provide proper safety terms and conditions. SVG is a popular offshore jurisdiction for forex brokers due to its low set-up requirements and minimal regulation. However, the lack of regulatory oversight and lax requirements can also lead to potential risks for traders who choose to sign up with brokers registered with the SVG Financial Services Authority.

About CapitalXP
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is CapitalXP safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

What is CapitalXP?

  • CapitalXP is a Forex and CFDs broker, owned and operated by Quattro Holding Group LTD, registered in St. Vincent and the Grenadines. It is a popular destination for forex brokers because the registration procedure is simple and low-cost and they face limited regulatory supervision if any. It is important to remember that the company’s registration has nothing to do with the regulation and may be confusing for those who have just started searching for brokers to invest with.
  • The website provides two contact phone numbers (Russia and the United Kingdom), however, neither the broker, nor the company behind it is regulated in these or any other countries by the official financial regulators. Also, the website supports English and Russian languages, which only confirms the fact that CapitalXP has been targeting people from these countries without any legal right to do that.

CapitalXP - official website
CapitalXP Review Conclusion

Well-respected financial authorities like the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC) are effectively enforcing strict financial and ethical rules on all overseen brokers. That’s why we recommend choosing among the brokers regulated by the mentioned authorities. Traders should trade with well-regulated brokers (Top 10 Forex Brokers in the World) such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.


CapitalXP Update

We found the CapitalXP website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come. 

No news available.

2 responses to “CapitalXP”

  1. If you can help helpless people like please I’m from South Africa and Capitalxp took all my kids money and for me it’s very hard to even get my kids into the best school all I wanted was to provide for my family and the man called Adam Williams too everything from me I wish we could get some help out there and see them in Jail

  2. Reading through the above explanation, one can not but deviate from any forex institution /organization especially for a low income earner like me who struggle daily before getting 2 square meal in a country where an average citizen live below 1 dollar per day. It will be a suicidal mission if by deception I save to get the lowest required fund to get a forex which will later be lost to a scanner called forex
    Thank you

    But why the advertisement scam posted on social media. Is there no regulatory body that can help unsuspecting individuals like me?

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