Ballance Capital Markets: customer reviews about the company in 2023
In recent times, numerous brokerage firms have emerged in the financial market, often concealing important information from clients, especially those who are just taking their first steps in investments. The lack of public reviews and professional critiques creates a favorable environment for fraudulent operations. Among others, Ballance Capital Markets Limited raises particular concerns. More and more questions are arising in the information space, details of which we are eager to uncover and share with you.
What do we know about Ballance Capital Markets Limited?
The official website of Ballance Capital Markets Limited only offers a registration and login form, denying access to crucial information without creating an account:
- official documents and internal company policies,
- information about executives and company history,
- trading conditions, including rules for interacting with client funds.
To delve into the details of how Ballance Capital Markets Limited operates, potential clients are required to provide personal information, which is highly risky due to their confidential policy. In most cases, such actions are taken by scammers aiming to use personal information for their own benefit.
The website ballance-capital.com does not provide opportunities for clients to communicate with company representatives, depriving clients of a chance to seek clarifications. However, we have found that the site was registered on April 26, 2023, which explains the absence of reviews online.
Additional information we have uncovered indicates the company’s involvement in launching several dubious projects, including OVERFINCH FINANCE and Nelson Financial Solutions, characterizing Ballance Capital Markets Limited as the holder of similar fraudulent models.
Legal Aspect
According to insider information, Ballance Capital Markets Limited is officially registered in the UK. Its existence was confirmed in the Companies House register at the end of July 2015. However, registration does not automatically grant the right to engage in brokerage activities without the corresponding license, which is lacking in this case.
By dealing with an unlicensed broker, investors lose legal protection and guarantees of fund recovery, which is doubly important for depositors from Russian-speaking countries.
Trading Conditions
Ballance Capital Markets Limited keeps information about trading conditions confidential. Based on the experience of similar companies, investors may face high risks by conducting operations without prior demonstration or the opportunity for risk-free learning.
Client Reviews
At the time of preparing this review, real client reviews of Ballance Capital Markets Limited could not be found, considering the project’s short lifespan online. The absence of public opinion gives fraudsters room to manipulate and deceive potential investors.
If you have any experience interacting with this company, please share it by leaving a review on our platform. Your information can help others avoid mistakes.
Nature of Fraud
The methods of Ballance Capital Markets Limited revolve around individual work with each client to lure funds. After initial small investments and illusory profitability displays, investors’ accounts are blocked on the pretext of abuse, leaving the deceived without funds and support access.
Conclusion
Ballance Capital Markets Limited is an example of a company with not fully exposed fraudulent schemes, having an opaque policy and lacking necessary legal permissions. We strongly advise exercising caution and exploring alternative options before deciding to collaborate with this platform.