Capixtrade is suspected to be a fraudulent broker, which is why we have created the Capixtrade Review to alert those seeking a trustworthy FX broker. It is crucial to raise awareness among investors and traders regarding the legitimacy of all types of brokers, regulated forex brokers, forex trading platforms, Forex brokers, crypto brokers, and others. In this Capixtrade review, we will talk about the reasons why Capixtrade is listed among the fraudulent brokers 2024 list by Fraud Complaints and guide how victims of Capixtrade can reclaim their lost funds.
Basic Details for Capixtrade
Website: https://capixtrade.com/
Website Availability: No
Official Address: Rue Pré-de-la-Bichette, Geneva, Switzerland
Regulation: Unregulated
Warned By: Comisión Nacional del Mercado de Valores (Spain)
Domain Status
- Domain Name: CAPIXTRADE.COM
- Registry Domain ID: 2862693939_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.yoursrs.com
- Registrar URL: http://www.realtimeregister.com
- Updated Date: 2024-05-15T02:15:33Z
- Creation Date: 2024-03-11T16:52:26Z
- Registry Expiry Date: 2026-03-11T16:52:26Z
A significant worry for prospective investors is that the CAPIXTRADE website does not offer any regulatory information to confirm its legality. To guarantee that a broker acts openly and equitably, regulatory oversight is essential. Likely, CAPIXTRADE is not a reliable trading platform if this information is missing. Investors can’t be sure that their money is safe or that the broker follows industry rules if there’s no obvious regulatory support for them.
Lack of Transparency and Communication
The invisibility of CAPIXTRADE’s contact details is an additional cause for concern. A reputable broker ought to provide its customers with several avenues of communication, such as an easily understandable phone number, email address, or physical office address. Investors are put in a precarious situation by CAPIXTRADE’s omission of these crucial facts since they might not be able to get in touch with company personnel if there are problems with their accounts or transactions.
Warning from FINMA
The Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against CAPIXTRADE, stating that this broker is not entered in its commercial register. This means that CAPIXTRADE is not authorized to offer its services in Switzerland, raising further doubts about its operations and legitimacy. FINMA’s warning is a serious indicator that this broker is not a reliable choice for investors.
Warning from CNMV
Additionally, the Comisión Nacional del Mercado de Valores (CNMV), the financial regulatory authority in Spain, has also issued a warning against CAPIXTRADE. According to the CNMV, CAPIXTRADE has been providing financial services or products without proper authorization. This violation of regulatory standards is another sign that investors should approach CAPIXTRADE with caution.
Capixtrade Review – Conclusion
The lack of regulatory information, and transparency, and the warnings from both FINMA and CNMV indicate that CAPIXTRADE is not a safe or legitimate broker. Investors should exercise extreme caution and consider looking for more trustworthy alternatives.
Based on many factors explained above we have finally concluded that Capixtrade is a fraudulent broker. Do extensive research on any site before investing.
Be aware of schemes like Forex Trading Deceptions, Cryptocurrency Cons, Internet Dating Scams or Romance Fraud, Pump and Dump Tactics, Ponzi Schemes, Investment Deceptions, Fake Trading Platforms, Phishing Attacks, Robo-Advisors Deceptions, and Binary Options Deceptions.
If you have already fallen victim to Capixtrade fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from Capixtrade.
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Note: The Capixtrade review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring Capixtrade company.