All Capital Trade: customer reviews about the company’s performance in 2023
All Capital Trade: Company Review in 2023
Broker’s Activity Analysis
The company All Capital Trade attracts the attention of many potential clients with its British registration, however, not everything is as smooth as it seems at first glance. After a thorough check of this broker, it becomes obvious that some aspects of its operations violate legislation, and the fulfillment of obligations is questionable. One of such intermediaries is All Capital Trade, which has already raised a number of alarming signals. In our independent review, we will delve into what has been learned about this company, present the results of checking its legal documents, and customer reviews.
There are many virtual mentions of the company All Capital Trade on the website webtrader.allcapital-trade.com. It is presented in the form of a registration and password entry form, inaccessible to unauthorized users. It is difficult to obtain reliable information about the company by registering randomly and relying only on the empty promises of its employees. Fraud reviews indicate that trust and unpredictability can lead to capital loss.
A detailed analysis showed that the company has a full-fledged website that is not actively promoted. Apparently, the creators are afraid of being blocked and prefer to operate covertly.
According to the data from the specialized service whois, allcapitaltrade.com was registered in November 2022. Despite the short period of its operation, the pseudo-broker has already caused damage to many traders, as confirmed by negative reviews.
User Reviews and Comments
Users not only complain about violations in trading and payment but also about the quality of service. False data about the office address in London, useless phone numbers, and email addresses add to the problems.
The creators of All Capital Trade prefer to remain in the shadows, not providing any information about their management. They clearly avoid financial responsibility and conflict resolution with users.
Legality of the Offered Services
All Capital Trade does not provide confirmation of its legality and does not have permission to provide financial services. Its internal documents have no legal significance.
The address in the UK, where the company’s office is presumably located, attracts attention. If this were true, the intermediary would be obliged to register and obtain permission from the local regulator FCA. However, a check of the Companies House registry showed no traces of this company among the legal entities of the UK.
Naturally, the company is not listed among the licensed brokers of the FCA.
All Capital Trade’s Commercial Terms
The company offers six tariff plans with an entry threshold from $250 to $250,000, leverage up to 1:1000, no information on spreads and swaps, trading bonuses up to 100% of the deposit amount, educational base, daily market reviews, and additional services depending on the chosen tariff plan.
User reviews point to financial manipulations and delays in fund withdrawals.
Consumer Deception: How Does It Happen?
All Capital Trade uses professional scammers for cold calls and attracting new clients. The sequence of actions is as follows: they persuade to fund the account, promise support and training, and then start trying to get more investments. The client, seduced by initial successes, increases the volume of transactions, uses leverage and company bonuses. As a result, they remain in a debt pit from which it is very difficult to escape. To warn others, clients leave exposing reviews and seek help from lawyers.
Conclusions
All Capital Trade demonstrates dishonest behavior and a focus on deceiving everyone. By using smooth tricks, scammers hope for the gullibility of users. Losses on this platform can be very serious.
I am extremely dissatisfied with All Capital Trade’s performance in 2023 as the level of customer service and the quality of trading advice provided was substandard and did not meet my expectations.