Solutions Capital Limited is a Contract for Difference (CFD) broker registered in New Zealand on February 18, 2021. The broker primarily provides investment services in forex, digital currencies, precious metals, commodities, and funds for retail and institutional clients, and does not offer services to countries or regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to public information on the Solutions Capital Limited (www.solutionscapitalltd.com) website, the company's registration number in New Zealand is 8157928. The broker claims that its services are regulated by financial authorities under U.S. jurisdiction.
Upon verification, the New Zealand Companies Register lists an entity named Solutions Capital Limited with the registration number 8157928. However, there is no registration information for this company in the National Futures Association (NFA), Financial Industry Regulatory Authority (FINRA), U.S. Securities and Exchange Commission (SEC), or the New Zealand Financial Service Providers Register.
Therefore, Solutions Capital Limited is suspected of false advertising and is an unregulated scam website. Additionally, Whois information reveals that the broker's website domain was registered on August 14, 2023.
Account Opening Process
To open a trading account with Solutions Capital Limited: Visit the broker's website, click "REGISTER NOW" or "Join Now" at the top right corner to access the account registration page, fill in personal information such as name and email, set a login password, and submit. After verification, the account will be successfully registered.
Investment Plans
Solutions Capital Limited offers users four different investment packages: Compact Plan, Silver Plan, Diamond Plan, and Compounding Plan.
Compact Plan:
- Trading Period: 5 days
- Minimum Deposit: $100
- Maximum Deposit: $4,999
- Referral Bonus: 5%
- Possibility of Tripling Investment Returns
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 8%
Silver Plan:
- Trading Period: 5 days
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Referral Bonus: 5%
- Possibility of Tripling Investment Returns
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 12%
Diamond Plan:
- Trading Period: 5 days
- Minimum Deposit: $10,000
- Maximum Deposit: $19,999
- Referral Bonus: 5%
- Possibility of Tripling Investment Returns
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 15%
Compounding Plan:
- Trading Period: 60 days
- Minimum Deposit: $20,000
- Maximum Deposit: Unlimited
- Referral Bonus: 5%
- Possibility of Tripling Investment Returns
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 25%
Trading Platform
Solutions Capital Limited provides users with a proprietary trading platform, but it has not been detailed and is only available as a web-based platform.
Deposits and Withdrawals
Solutions Capital Limited supports deposits and withdrawals through various cryptocurrencies.
Conclusion
Traderknows reminds investors that Solutions Capital Limited 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.
