Beware Phy Capital Investments Limited is a Non-Regulated broker. It is NOT SAFE to trade.

  • Company name: Direct Trading Technologies Limited
  • Registration/license: None
  • Registration/license requirement: –

Phy Capital Investments Limited is a broker that offers Forex, CFDs, indices and metals trading. The company claims to be owned and operated by Direct Trading Technologies Limited. According to the website, the broker is based and regulated in New Zealand. However, the broker doesn’t provide its registration number, instead, it only tells about the purposes and advantages of being a New Zealand Financial Services Provider. It doesn’t seem like the broker is actually regulated. In addition, we have found a company Direct Trading Technologies Limited that is licensed and regulated by the UK’s FCA and New Zealand’s FMA, however, this company is not associated with Phy Capital Investments Limited. In addition, Phy Capital Investments Limited has been using the address details of the regulated Direct Trading Technologies Limited, which only proves that the broker is a clone of a legit company. It is a popular tactic among scam companies that use the regulation/address/names of the licensed companies in order to get people’s trust and make them invest.
Moreover, Phy Capital Investments has recently been blacklisted by the Securities & Futures Commission of Hong Kong:
“The company’s address belongs to a secretarial company. Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.”

To sum up, all the mentioned facts show that Phy Capital Investments Limited cannot be trusted and might be one more fraud company. Instead, we recommend investing only with the brokers regulated with well-known reliable authorities, such as the Financial Conduct Authority in the United Kingdom. All clients of FCA-regulated brokers are protected by the Financial Services Compensation Scheme up to GBP 50,000 per person, in case the company goes bankrupt. Check the list of the FCA-regulated brokers here.

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