Capital Teamfx is a forex broker officially registered on March 11, 2024. This broker primarily offers a variety of trading markets through its proprietary trading platform and mobile application, including Forex, stocks, indices, energy, metals, cryptocurrencies, and ETF Contracts for Difference (CFDs).
Registration Information and Regulatory Status:
Public information on the Capital Teamfx official website indicates that the broker encompasses multiple business entities regulated by various authorities. Among them, Capital Teamfx Ltd has obtained authorization and licensure from the Cyprus Securities and Exchange Commission (CySEC) with license number 1780019. Capital Teamfx (registration number HRB11677B) acts as a designated agent for Ultra Booster Trade Ltd in Germany, registered with the Federal Financial Supervisory Authority (BaFin), and has been authorized as an investment dealer by the Mauritius Financial Services Commission (FSC) on October 2, 2017, regulated with license number C17554381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD0175.
According to verification of its official website information, the Cyprus Securities and Exchange Commission (CySEC), the Federal Financial Supervisory Authority (BaFin), the Mauritius Financial Services Commission (FSC), and the Seychelles Financial Services Authority (FSA) have not listed any regulatory registration information for this broker.
Opening an Account:
To open an account with Capital Teamfx: Visit the broker's official website and click on “SIGN UP FOR FREE” on the homepage or “SIGN UP” on the top right corner to enter the account registration page. Fill in personal information such as name and email address, set a login password, and submit. After submission, the account registration will be successful.
Account Types:
Capital Teamfx offers users a demo trading account and four different types of trading accounts: STARTER, BASIC, PRO, EXECUTIVE. However, details such as spreads, trading leverage, margin levels for hedging/stop losses, contract sizes, trading commissions, minimum/maximum trading volumes, maximum positions/orders, and minimum price precision have not been disclosed on its website.
Trading Platform:
Capital Teamfx provides users with a proprietary trading platform.
Deposits and Withdrawals:
Capital Teamfx supports deposits and withdrawals via local banking, e-wallets, or cryptocurrencies.
Conclusion:
Traderknows reminds investors that Capital Teamfx is a scam platform providing false regulatory information. The website design and content of this broker are identical to those of EagleFX Trading, Ichimoku Forex Scalping, Finance Global Market, Primephasers Trade, BTC Mint Asic, Koinfx Trade, and other brokers. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected fraud" on Traderknows.