The Central Bank of Ireland (CBI), which also serves as a financial services supervisor, issued a warning against Trade Capital. According to CBI’s official notice, this forex and CFD broker has been offering financial services and/or investment advice to the Irish investors without being authorised.
The Central Bank of Ireland (Irish: Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is Ireland's financial services regulator for most categories of financial firms. The Central Bank of Ireland serves the public interest by safeguarding monetary and financial stability and by working to ensure that the financial system operates in the best interests of consumers and the wider economy.
The CBI also keeps a register of regulated companies and anyone can check whether a certain forex broker is licensed in the country or not. Besides, the CBI regularly publishes official warnings of unregulated companies that target local investors.

Trade Capital is a Forex and CFDs broker that operates through the website www.tradecapital.com. The company is owned and managed by Trade Capital Investments LLC. that claims to be based in Geneve, Switzerland. However, there is no information about this broker on the website of the Swiss regulator FINMA. Moreover, the regulator has issued a warning against Trade Capital in September this year.
The website supports English, German, Italian and Spanish languages and provides contact number with British, Swiss and German phone codes. We suppose the broker is targeting residents of these countries and doing it without authorization. There are, also, lots of negative reviews from those who have already invested with Trade Capital.
Considering all the mentioned facts, Trade Capital 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.
You can read our review on this broker here.