✔️ Information reviewed and updated in March 2024 by Eduardo López
IS FxCape RELIABLE? OPINIONS
In this post I will analyze FxCape. Is the FxCape CFDs, Forex, stocks, cryptocurrencies, metals, indices, commodities and NFTs platform (with website fxcape.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think FxCape is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
|About the company
|Mentions being located in Dubai, Hong Kong and the United Kingdom
|️ ️ Phone number
|📧 Email Address
|???? Live Chat
|💳 Payment methods
|❓ Company type
|platform for CFDs, Forex, stocks, cryptocurrencies, metals, indices, raw materials and NFTs
📞 LIST OF PHONE NUMBERS:
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of accounts that FxCape offers; They are divided into 5 accounts. Here is a table with a little more information about minimum deposits by type of account.
|TYPE OF ACCOUNTS
|MINIMUM INITIAL DEPOSIT
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “fxcape.com” was registered on October 02, 2023. That is, it is a website that is not very old. 🚩
- The website mentions which company it belongs to, but I have not been able to find “FxCape Ltd” in the company records. I think it may be a fake company. 🚩
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩
⭐ FxCape OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in Dubai, Hong Kong and the United Kingdom, but I think they are trying to mislead about their location. I recommend extreme caution.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “fxcape.com” was registered on October 02, 2023. It is very recent.
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
5) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.
“To be honest with you, I would not invest in this type of company: it is not regulated. He mentions belonging to a company FxCape Ltd which apparently is a fake company. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE FxCape?:
FxCape presents a number of warning signs that investors should be aware of before considering any type of partnership with this platform. Firstly, its claim of being located in multiple locations, including Dubai, Hong Kong and the United Kingdom, appears to be dubious and possibly false. This lack of clarity about its actual location raises serious questions about the transparency and integrity of FxCape, which could indicate an attempt to hide relevant information from investors.
The recent creation date of FxCape, just October 2, 2023, is cause for additional concern. The short age of the platform suggests a lack of experience and stability in the financial market, which may increase distrust among potential investors. The absence of an established track record makes it difficult to assess the risks associated with FxCape and may discourage investors from entrusting their funds to this entity.
Finally, the lack of regulation and the complaint by the FCA regulator, the UK Financial Authority, provide further evidence of the unsafe nature of FxCape. These factors highlight the importance of exercising extreme caution when considering any type of interaction with this platform and underline the need to seek safer and more regulated alternatives in the financial market.
📣 LATEST UPDATES:
1) Update January 2024: la FCA, Financial Authority of the United Kingdom, has denounced FxCape.
✔️ CLAIM MONEY FROM FxCape:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT FxCape:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
FxCape is an investment platform that offers a wide range of options for investors, including CFDs, Forex, stocks, cryptocurrencies, metals, indices, commodities and NFTs. With this variety of assets, investors have the opportunity to diversify their portfolios and take advantage of various opportunities in the financial markets.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
FxCape is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.