CA Trade Capital lures individuals with the allure of boundless prospects to navigate the financial markets and safeguard their economic prosperity. Read this complete CA Trade Capital review to know more about scams.
They boast about unrivaled trading circumstances and an acclaimed platform, yet curiously, they neglect to disclose their actual company name, location, incorporation details, or corporate address. Moreover, there is no mention of a license or authorization. To put it succinctly, it is evident that we are dealing with an unmistakable scam, one that is wise to steer clear of if the security of your funds is of any importance to you.
Website – http://www.catradecapital.com/
Website Availability – No
Address – NA
Warning – Alberta Securities Commission (Canada)
Regulated – Unregulated, Blacklisted
Domain Age –
|Date Registered||May 27, 2022|
|Domain Age||1 year, 1 month, 19 days, 23 hours, 34 minutes, 57 seconds|
CA Trade Capital Review: Regulation
CA Trade Capital conveniently avoids providing any form of physical address, leaving potential clients with only email or phone contact options, with the latter requiring a callback request. Furthermore, it is conspicuous that this company lacks any licensing from a recognized financial authority, as they fail to provide any information regarding licenses, which is typically a prominent feature emphasized by regulated brokers.
CA Trade Capital Review: Trading platform
CA Trade Capital claims to provide the pinnacle of technological advancements in its trading platform, boasting about its accolade-winning charts, abundant market indicators, real-time news streaming, and comprehensive features that cater to the expectations of professional traders. Regrettably, our attempts to open an account with Catradecapital.com and assess the broker’s trading software were futile, as these deceitful individuals currently display an unwillingness to accept new clients. It is common for scam brokers to selectively choose their clients, allowing the scam to persist unnoticed and concealed for extended durations.
CA Trade Capital Review: Trading Conditions
In the absence of an account, our reliance on the limited information provided by the broker’s website regarding trading conditions becomes necessary, although it falls significantly short of being comprehensive. The meager details we managed to gather were that the broker grants access to over 250 instruments across four asset classes, with a minimum deposit requirement of $500 for opening an account. This price seems notably steep for a basic account, considering that many reputable brokers offer exceptional conditions while requiring a considerably lower initial investment.
Deposit and Withdrawal Methods
Based on the CA Trade Capital website, it appears that they provide various payment options, including major credit and debit cards such as VISA and Mastercard, bank wire transfers, and cryptocurrencies like Bitcoin and Ethereum. Regarding the minimum deposit requirement, it is notably elevated at 500 USD, surpassing the typical amount requested by most brokers, which is at least twice as much. It’s worth noting that CA Trade Capital offers bonuses, but it’s important to mention that such incentives are strictly prohibited in jurisdictions such as the UK, the EU, and Australia.
Negative Reviews against CA Trade Capital
The forums portray a deceptive broker who consistently employs tactics aimed at causing significant losses and even complete forfeiture of their customers’ deposits. No trader has reported successfully withdrawing their funds from this broker’s platform. Victims’ stories indicate that the broker initially presents small profits, but as soon as the victim increases their deposit, all trades turn sour. This unmistakably demonstrates that CA Trade Capital manipulates trades to exploit their victims, confirming their fraudulent nature.
CA Trade Capital Review: Conclusion
When you begin to have doubts about your chosen broker’s intentions, it is essential to take immediate measures to safeguard your funds. There is a possibility that the wrongdoer has already vanished, making it crucial to act swiftly.
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