Trade Cap Finances is a CFD broker whose website domain was registered on February 22, 2021. This broker primarily offers numerous trading markets, including stocks, forex, oil, cryptocurrencies, and precious metals, through its proprietary trading platform. It does not provide services in countries and regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to public information on its website, Trade Cap Finances is headquartered in New York, USA, and is authorized and regulated by multiple financial regulatory agencies, including the International Monetary Fund in Geneva, Switzerland, the Australian Securities and Investments Commission (ASIC), the US Commodity Futures Trading Commission (CFTC), the Belize International Financial Services Commission (IFSC), and the Cyprus Securities and Exchange Commission (CySEC).
Upon verification, none of these financial regulatory agencies, including ASIC, CFTC, IFSC, and CySEC, have any record of an entity named Trade Cap Finances. (The registration and review of intermediary agencies are conducted by the National Futures Association (NFA) under the supervision of the CFTC on behalf of the CFTC.)
Moreover, the International Monetary Fund does not have a presence in Geneva, Switzerland; its actual headquarters are in New York, USA.
Therefore, Trade Cap Finances is essentially a fraudulent website involved in false advertising and operating without any regulatory oversight.
Account Opening Process
To open a trading account with Trade Cap Finances: Visit the broker's homepage, click "SIGN UP" to enter the account registration page, fill in personal information such as name, email address, and phone number, and set a login password. Submit the information and verify the account to complete the registration process.
Investment Plans
Trade Cap Finances offers users four different types of investment plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum Investment Amount: $500
- Investment Yield: 30%
- Premium Broker Service
- 24/7 Customer Support
BASIC:
- Minimum Investment Amount: $3,500
- Investment Yield: 45%
- Standard Broker Service
- 24/7 Customer Support
PRO:
- Minimum Investment Amount: $10,000
- Investment Yield: 60%
- Professional Broker Service
- 24/7 Customer Support
EXECUTIVE:
- Minimum Investment Amount: $50,000
- Investment Yield: 80%
- Executive Broker Service
- 24/7 Customer Support
Trading Platform:
Trade Cap Finances offers its proprietary trading platform, which is only available for web use.
Deposits and Withdrawals:
Trade Cap Finances does not clearly disclose the supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts on its website.
Conclusion:
Traderknows reminds investors that Trade Cap Finances 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.
