FxtCapitals claims to be one of the leading online Forex brokers. But it is actually true though? We were unable to find any information about brokers regulation on its website and they do not even mention to be a regulated company.

Another red flag is the absence of the contact details, company’s location etc. It is clear that FxtCapitals is not regulated and may be just another fraud entity.

In any case, we never advise trading with a non-licensed broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.

If you are looking for a broker to invest, check our list of the Regulated brokers.