AJ Capital: client reviews of the company’s work in 2023
AJ Capital positions itself as a well-known international brand founded by a team of experts in online trading. However, the company’s existence as an offshore entity raises doubts about its honesty and reliability among users. Reviews, for the most part, have a negative tone, prompting a desire to conduct a broker check for its legal transparency and evaluate the commercial offer it provides.
Key facts about the broker
Information about the founding date of AJ Capital is not provided to potential clients. The platform lacks information about the company’s creation date, raising questions among users. The ajcapital.pro website was only launched on January 16, 2023, which does not contribute to building trust in the new broker. Users express dissatisfaction with the customer support, noting its incompetence and inattentive attitude towards client issues.
The company’s office addresses are in Cyprus, Saint Vincent and the Grenadines. However, the provided addresses turn out to be fake, undermining trust in the broker’s reliability. Users also note the similarity between AJ Capital and the broker TRADES PTY, which has a poor reputation and raises doubts.
Legality of broker services provision
The presence of legal grounds for a broker’s operation is an important aspect. However, AJ Capital presumably does not have the necessary licenses for its activities. Claims of operating within the laws of Saint Vincent and the Grenadines are not confirmed, as the company is not listed as a registered financial institution. Checks also revealed that the company does not have a certificate of incorporation or a license in Cyprus, casting doubts on its legality.
Collaboration conditions
AJ Capital offers access to a variety of trading assets, but scammers do not provide opportunities to practice without risks. After registration, newcomers are offered to choose a tariff plan and fund their account. There are also several types of accounts with different conditions. However, the company conceals information about commission costs and withdrawal conditions, raising doubts among clients.
User reviews
Although AJ Capital recently started its operations, it has already negatively impacted the company’s reputation with its actions. Deceived traders turn to regulators, only to find out they have contacted scammers. More detailed client opinions can be found in reviews on specialized forums.
How is deception carried out in AJ Capital?
AJ Capital may seem like a reliable broker, but fraudsters can use various methods to deceive clients. They may allow closing the first trades in profit to gain trust, and then simulate losing trades, blaming the trader for inexperience. However, in case of client resistance, scammers may offer chargeback services for an advance payment, after which they disappear.
Conclusions
We recommend avoiding cooperation with AJ Capital. The broker operates illegally, violates legislation, and does not meet regulatory requirements. By entrusting your funds to this offshore company, you risk losing them. AJ Capital acts aggressively and unprincipled, seeking to enrich itself at the expense of its clients.
