capitals9driv is a Contract for Difference (CFD) broker that registered its official website domain on July 6, 2024. This broker primarily provides investment services to investors in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries or regions where doing so might violate local laws or regulations.
Company Registration and Regulatory Status
According to information publicized on its official website (capitals9driv.live), capitals9driv was established in 2016, with its corporate entity named MEGA FX DRIV, and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker discloses neither its corporate registration details nor comprehensive regulatory information.
Upon verification, there is no record of a company named "MEGA FX DRIV" being regulated by the Australian Securities and Investments Commission (ASIC).
Therefore, capitals9driv (capitals9driv.live) is effectively an unregulated scam broker website.
Account Opening Process
The process to open a trading account with capitals9driv involves visiting the broker's official website, clicking "Register" on the homepage or in the top right corner of the webpage, filling out the required personal information such as name and email address, setting a login password, and submitting the form. Once the account is verified, registration is complete.
Trading Instruments:
capitals9driv offers a wide range of trading products to its clients, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks. By exploring popular indices, diversified trading opportunities can be uncovered, and potential profits can be boosted through high leverage.
- Commodities: Commodity trading covers vital global market resources, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price fluctuations of public companies, earning profits based on company performance and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides an opportunity for digital currency enthusiasts to profit from high-volatility assets.
Investment Plans
capitals9driv offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free spread trading profit
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profit
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Full suite of benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profit
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use any broker
Trading Platform
capitals9driv provides users with a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds and a comprehensive liquidity provider network executing more than 12,000 orders per second.
Deposits and Withdrawals
capitals9driv only supports deposits and withdrawals using cryptocurrencies.
Conclusion:
Traderknows reminds investors that capitals9driv is a scam broker that lures investors with promises of high returns. This site is not subject to any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
