Capital Adv Review – This Trading Adventure Only Leads to Loss

If there was a competition for the number of blacklists a firm gets on, the Capital Adv broker would most certainly be the winner. However, the goal of fair and successful brokerage conglomerates is not to become notorious, but acclaimed, praised and preferred by clients worldwide.

This platform isn’t going in that direction it seems. Keep reading our Capital Adv review to learn about the malicious intent and reasons these miscreants are flagged by many.

Broker status:	Unregulated Broker
Regulated by:	No Regulation
Operating Status:	Active Online Trading Sham
Known Websites:	capital-adv.com
Blacklisted as a Scam by:	HCMC, FSC, FSMA, IOSCO, CONSOB, CNMV, A-TVP, AFM
Owner:	Capital Adventure
Headquarters Country:	UK/ Bulgaria
Foundation Year:	2023-07-17
Online Trading Platforms:	Web trader
Mobile Trading:	Not available
Minimum Deposit:	$250
Deposit Bonus:	Up to 100%
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Yes – BTC, ETH, LTC (10 in total)
Available Trading Instruments:	Crypto, Forex, Commodities, Stocks, Indices
Maximum Leverage:	N/A
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	Yes
Global Fraud Protection Experts’ Verdict:	You might want to look for an alternative Forex dealer: this imposter is nothing but trouble!

Fake Regulations and Multiple Warnings

The false UK address we ran through the UK Companies House search tool didn’t provide any results. Either way, a reputable UK online trading brand wouldn’t be able to offer derivatives trading services to UK residents without a FCA license. The Capital Adv scam owns none, of course.

What we did find when looking through various registers were the warnings issued against these swindlers on multiple occasions. HCMC was the first to blacklist them for fraud. This warning was reposted by FSC, FSMA, IOSCO, CONSOB, CNMV, A-TVP, and AFM.

In addition, legal papers name the Bulgarian court to hold legal jurisdiction of the company’s activities, yet the Bulgarian regulator has also reposted the HCMC warning. It’s certain that no segregation of funds is provided, and neither are compensation funds and negative balance insurance so we cannot recommend this firm.

COINS-CAPITAL is also one of those notorious firms of similar reputation that hold multiple warnings, as well. If you value the safety of your capital, read our take on this company.

Absence of Reviews

User feedback is of tremendous importance to the company’s reputation, image and ultimately, success as a brand. The severe lack of any Capital Adv reviews suggests their vague online presence and the tendency to keep their operations low key.

The only platform where we found any trace of customer opinions is Reviews.io, where the current average rating is the lowest – 1 star out of 3 reviews in total.

Support From the Boiler Room

If you frequent online trading portals, you must have encountered pushy phone agents that wish to assure you that only their deal is the profitable one.

Under the pretense of being trading veterans and Forex professionals, these charlatans promise huge bonuses, guaranteed returns and prestigious AI-driven software.

To ensure their victims are fully entrapped, they’ll go as far as pretending to be emotionally engaged and romantically interested. That is, in essence, how victims are led into becoming financial hostages to online thieves.

Areas Stricken

Unsurprisingly enough, despite the site’s claims about operating since 2015, Whois says otherwise. The scheme was actually just recently established and it seems to be focused on defrauding traders from these countries:

• United States
• Greece
• Italy
• United Kingdom

ARN Capital LTD is also known to target English-speaking areas, so beware if you’re looking for investment options – you never know what dangers lurk at every corner. If you need help to recover lost funds, we’re at your disposal.

Dubious Software

Examining the functionality and range of features this platform offers wasn’t overly difficult, especially because the Capital Adv login is not needed.

A glance at the terminal told us enough about the severe lack of options, possibilities for analysis and market watch, as well as the absence of reliability.

If you intend to make your trading endeavors profitable, then, by all means, make sure you go with the industry leaders like MT5 and cTrader, instead of these pathetic excuses for a platform.

Misinformation About Assets

The website didn’t even bother to clarify which tradable asset examples are provided. We could only find currencies and CFDs mentioned, whereas the platform provides somewhat of a more detailed insight:

• Indices – NIKKEI, NASDAQ, SP500
• Stocks – Alcoa, Caterpillar, Sony
• Commodities – Silver, Corn, Sugar
• Currencies – EUR/USD, EUR/CHF, USD/JPY
• Crypto – BTC, EHT, DSH

Lies Sold in Bundles

Nothing is more untruthful than all the features the Capital Adv account types include. All these empty promises serve the purpose of overcharging the accounts. That’s why you will see options introduced as something valuable and worth your investment.

Of course, deposit and yearly bonuses, VIP events and islamic accounts variants aren’t truly provided. Yet, the cons charge exorbitant prices for all accounts:

• STANDARD – $250
• PROFESSIONAL – $10.000
• BUSINESS – $30.000
• BUSINESS PLUS – $100.000

Terms Just as Fake

As everything else advertised and sold on the website, the exceptional trading terms and conditions are a part of the great, big, expensive lie.

For example, average spreads on EUR/USD are 0.2 pips, which is lower than what is usually seen. However, the catch is in the amount of commission, which, if you don’t pay attention, could cost you $20 per lot.

Not a single other parameter is revealed, including leverage and the fees charged on withdrawals or for longer periods of inactivity. That suggests the potential presence of hidden fees.

High Deposit Bonus

Upon opening an account, you can choose whether or not to accept a cash bonus added to your total account balance. This sum ranges between 30% and 100% of your deposit.

The policy doesn’t reveal a trading volume necessary for withdrawing the bonuses, but you can expect this unpleasant surprise.

Six Months for Withdrawals

It’s absolutely unacceptable to wait half a year for a payout to arrive. That’s how long legal docs state the procedure of Capital Adv withdrawal to last.

Another apparent AML breach is the fact that crypto account funding is allowed only, while withdrawals are supposed to be available via bank wire, credit cards and digital currencies.

Let Us Deal With Scammers!

Have you been tricked into depositing hard-earned cash with fraudulent platforms? Have no fear, the solution exists! Throughout the years, our legal experts have successfully countered cyber criminals in their various activities.

For more details on how you can issue a chargeback and trace stolen crypto, book a free consultation with our recovery agents.