Trustee Capital is a contract for difference (CFD) broker with a domain registered on March 5, 2024. This broker primarily offers investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries and regions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to the publicly available information on Trustee Capital’s website (trusteecapital.ltd), the services it offers are regulated by a financial regulatory authority under U.S. jurisdiction. However, its terms of service state that any litigation arising from its website's terms should be conducted in New Zealand courts, exclusively.
Upon investigation, organizations such as the National Futures Association (NFA), the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), and the New Zealand Financial Service Providers Register have no record of Trustee Capital’s registration.
Additionally, clicking on the "Legal" link at the bottom of their website redirects to the New Zealand Companies Register. This page shows the registered company as TITAN TRUSTEES LIMITED. However, upon checking with the New Zealand Financial Markets Authority (FMA), it was found that scam brokers have been impersonating TITAN TRUSTEES LIMITED, and it has already been listed in FMA's investor warning list.
Therefore, Trustee Capital is essentially an unregulated and fraudulent cloned website.
Account Opening Process
The account opening process for a Trustee Capital trading account is as follows: visit the broker's website, click “REGISTER NOW” on the homepage or “Join Now” at the top right to enter the account registration page. Fill in personal information such as name and email address, set a login password as required, and submit. After submission, verify the account to complete the registration process.
Trading Plans
Trustee Capital offers users three different types of investment packages: Conpact Plan, Silver Plan, and Diamond Plan.
Conpact Plan:
- Trading Period: 5 days
- Minimum Deposit: $100
- Maximum Deposit: $4,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 1.5%
Silver Plan:
- Trading Period: 5 days
- Minimum Deposit: $5,000
- Maximum Deposit: $19,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 5%
Diamond Plan:
- Trading Period: 7 days
- Minimum Deposit: $20,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 10%
Trading Platform:
Trustee Capital provides users with a proprietary trading platform, but no detailed information is available about it, and it is limited to the web version only.
Deposits and Withdrawals:
Trustee Capital allows users to deposit and withdraw funds through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that Trustee Capital is a scam broker that entices investors with promises of high returns, but in reality, it is not regulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for investment trading activities to avoid unnecessary financial loss.
Currently, this broker is marked as "Scam" on Traderknows.
