BitcapCM scam broker review: deceived clients’ feedback
Review of BitcapCM: Real Customer Reviews
If you have decided to engage in trading, choosing a reliable broker is key to success. However, some intermediaries, such as BitcapCM, may turn out to be scammers whose goal is to deprive you of your funds. The website bitcapcm.com not only does not process withdrawals but also creates conditions for the rapid loss of your investments. What do real customers say about this? Find out more in our review.
Review of the CFD broker website bitcapcm.com
According to users, the BitcapCM website lacks sufficient information and is poorly structured. On the main page, you will find the BitcapCM slogan: “Trade with Confidence”. The company promises security and trading terminal compatibility with various devices.
The top menu of bitcapcm.com includes the following sections:
- “About Us”,
- “Trading”,
- “Platform”,
- “Tools and Resources”,
- “Information”,
- “Contact Us”.
Additionally, the main page features buttons for opening an account, offered in three variations.
The website also provides information on asset quotes and uses the MetaTrader4 platform for CFD trading. However, it should be noted that using this platform does not guarantee the company’s integrity.
The site also has a section with financial news and reports, although, according to traders’ feedback, updates in this section are formal in nature.
The site presents a review of the company’s “advantages,” but most clients point out that these advantages are more of a marketing move than actual benefit.
Review of BitcapCM Documents
One of the key documents for a broker is the license. BitcapCM does not have a license but provides a registration address in the Marshall Islands, which raises doubts due to the poor reputation of this jurisdiction. The site also offers documents such as privacy policy, risk disclosure, terms and conditions, AML policy, KYC policy.
The risk disclosure contains interesting provisions indicating possible problems with loss liquidation and order execution.
Deposit and Withdrawal Methods on bitcapcm.com
The company offers a limited number of deposit and withdrawal methods, such as bank transfer, payment cards, MegaTransfer, as well as the “Broker-to-Broker” option. Promises of withdrawals within one working day, according to users, do not correspond to reality.
Broker’s Trading Account Review
BitcapCM offers several types of trading accounts, starting from a minimum amount of 250 USD. However, traders mention a high entry threshold and note that the company is inclined to quickly deprive you of your investments.
Depending on the type of account offered by the company, clients may receive various benefits, although according to reviews, these benefits often turn out to be unreliable.
Company Reviews Overview
One should not trust the capabilities of this CFD broker, as customer reviews indicate fraud and deposit loss. The company positions itself as a reliable broker, but real reviews suggest otherwise.
BitcapCM Scam Scheme
According to customers, BitcapCM uses several methods for fraud, including working with personal managers and issues with the trading platform’s functionality. User reviews point to the company’s dishonest activities.
Author: Ivan Andrienko
I am extremely dissatisfied with the broker’s work as per the numerous deceived clients’ feedback on the BitcapCM scam broker review.