EU-Capital Review

Is EU-Capital Scam or Legit Broker?

EU-Capital is not a safe broker, as it is an offshore company (Find Reliable Forex Companies). EU-Capital is a brand owned and operated by Gelko Partners LTD. Gelko Partners LTD is located in the Republic of the Marshall Islands.

• In fact, the Marshall Islands is an offshore zone attracting various firms that for one reason or another escape from serious regulation or compliance to international service providing. However, in the case of financial investment or trading firms, the company should be a very respected entity, as the statistics show that the majority of non-authorized firms never recovered the sums of investors’ investments. Therefore, we always advise avoiding offshore or companies with no license as there are too many frauds around.

What is EU-Capital?

EU-Capital forex and CFD broker is owned by a Marshall Islands-based holding company called Gelko Partners LTD. Their registered office address is at the Trust company complex, Ajeltake Road, Ajeltake Islands, Majuro, Marshall Islands. The Marshall Islands is an offshore destination where usually brokerage services are not regulated. There is no information about an actual place of registration of the EU-Capital.

• Dealing with a broker which has a Marshall Islands license is risky as it only takes USD 2,000 to get one. Compared with the Financial Conduct Authority, the licenses cost USD 50,000 and also USD 100,000 of capital for the STP license (Find STP brokers' list here) aside from client deposits.

EU-Capital Review Conclusion

We strongly advise all investors and traders to avoid EU Capital and other brokers  from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and HotForex.

• Overall ranking and experience for EU Capital is Negative

EU-Capital Update

We found EU-Capital Website inactive. Since money safety in forex goes first we recommend avoiding any proposals from EU-Capital and staying alert in case of any proposals.