Capitaria Review: Capitaria.com Forex Scam Exposed
Capitaria (Capitaria.com) is another rotten CFDs, Cryptocurrency and Forex scam targeting unsuspecting online investors. A closer look at the homepage suggests that the platform offers a wide array of assets. Some of the trading instruments listed as possible assets include Commodities, Currencies, Cryptocurrency, ETF’s, Indices, and Stocks. Members are crying foul after having their accounts closed for no apparent reason. Read this genuine and detailed CAPITARIA Review for more details.
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Capitaria Review
Complaints have been received by our help desk are quiet touching as members are losing their entire deposits. As it turns out, Capitaria is another rotten online trading website stealing from unsuspecting investors. Make sure to stay away from it and read this genuine review. We will be exposing some of the tricks used by these scam artists. Stay away from these platforms which offer over the moon claims and promises. Want to learn more about this fake platform, continue reading.
After landing on their homepage, it is clear to see why investors would fall for this platform. With a homepage which is well-designed, these scam artists will do or say anything to lure investors. Thanks to our years of investing and trading experience, we know how to spot a scam from a mile away. Continue reading this genuine and detailed expose as we will help investors know more about the traps set. Capitaria is another rotten online trading platform with no shred of transparency.
About Capitaria
Disclaimer at the footer of their homepage suggests the platform is based in Chile. What this means is that these are South American brokers with no regulation. Offshore brokers are notorious for stealing from online investors and should be treated with care. Capitaria is another offshore platform with a lot of loopholes. Transparency is a major issue as negative comments can be seen all over the web. Ensure you know where a platform is actually located before signing up.
Another problem with this platform is in relation to ownership. Anonymity is rampant with this platform which makes us question their entire website. Who are the actual founding members of this platform? Where can we get to know the people who are running the show? No broker as come out and given a statement regarding association with this platform. With an anonymous platform, no one can truly trust them with deposits. Stay away from any online investment platform that is full of anonymity.
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Is Capitaria licensed or registered?
Being based in Chile, we are afraid the platform is not licensed to offer genuine trading services. Their whole website does not have any information regarding license and registration status. You would expect the platform to have a license and registration number posted for all to see. With this platform, not a single word is mentioned regarding regulation of this platform. And this is where we draw the line since Capitaria is anonymous and unlicensed.
Why would a platform offering trading services fail to give users evidence of being certified? You would expect a real platform to post details of their license credentials for all to see. A real platform has copies of their license and registration documents posted for transparency reasons. It gives users a chance to verify the license number with official regulatory bodies. Since Capitaria is based in South America, it is safe to conclude regulation is not as strict.
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Advantages of Capitaria
We could not come up with any advantage of trading with an anonymous and offshore broker. To add salt to injury, the platform has no official stamp to regulate it. Capitaria is another rotten platform which must be stopped. This platform will steal from anyone who signs up and is a real problem. Ensure you stay away from this platform and resist from taking part in their affiliate programs. Most members are facing a hard time trying to recover funds lost with this illicit platform.
Disadvantages of Capitaria
Account Types
Capitaria is furnishing users with two account types to choose from. Accounts are listed as Start and Pro. The problem with this platform is having a high minimum required deposit for trading. Start account holders must part with $400 in order to start trading. Folks should know that the set acceptable industry minimum deposit is $250. Any platform asking for more is in violation of the set rules. Information regarding the features of these accounts is lacking making us question the intent of the platform.
Customer Support
Another disturbing feature we noticed with this platform is having no live chat support. The platform has a chat dashboard but this is an email chat service. Users have to wait for over two weeks to get any response from this platform. Phone numbers listed on their website are always busy and no one picks them when they go through. With such behavior associated with would be scam platforms, it is best to stay away.
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Payment methods
Looking at their deposit page, one can see a number of listed options for account funding. Depository channels listed include American Express, MasterCard, Visa, and others. What these scam artists have done is ensure anyone from any part of the world can deposit funds. The biggest obstacle still remains withdrawing funds. No member has come out with clear evidence of ever withdrawing funds with this platform. Best you stay away from this platform or else become their next victim.
Trading platform
The website claims to use MT4 trading platform as their tool of trade. We would like to warn our readers that the platform is useless if the website is not secure. A closer look at their entire website reveals the platform lacks DDoS and SSL encryption. These are some of the reasons why you should stay away from this very illicit platform. Lack of vital security features is proof we are dealing with an unstable platform. Stay away from this platform or else risk being a hacker’s target.
Safety of funds
What these means is that we are dealing with a website which is pooling funds in one account. Such illicit platforms should be wipes out of the internet. Stay away from this platform or risk losing your entire deposits.
Scam or legit
Evidence is clear; we are dealing with a scam platform which is likely to steal funds from members. Make sure to mark their emails as spam and never click to any links sent by their email marketing team. Warn your family and friends from signing up with this platform. Capitaria is simply cloning a trading website and looking for ways to enrich themselves with investors’ funds. Now you know what to expect with this ridiculous online trading platform.
Bottom line
We will be adding this platform to our scam blacklist and ensure no one falls victim to it. Stay away from this platform and sign up with authentic and vetted trading platforms at all times. Your chance to win is now with industry leading and trusted trading platforms. Capitaria is full of negative reviews and anyone joining it will be another victim. We must expose this scam.
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Wishing you the very best in your trading experience.