Capital Markets Broker Review: Pricing Plans and Client Feedback
Broker Capital Markets Review: Tariff Plans and Customer Reviews
The broker Capital Markets claims to be an ECN broker, but in reality, it is a scam project that deceives trusting citizens of the CIS countries by attracting them with fictional VIP services and convoluted wording.
Glamorous statements about their international success are just a distraction. According to numerous reviews, attempts to recover money from scammers are doomed to fail, so they focus their efforts only on newcomers, showing them fictional achievements and dubious statistics. Cooperation with the website capital-markets.com, according to users, will end in failure. Why? This review will address that.
Main Data from the Official Website “Capital Markets”
The majority of Capital Markets’ target audience comes from the CIS countries, yet the scammers didn’t even bother to provide a Russian version of their website. This is cunning, as any discrepancies can be attributed to poor translation.
The standard design is only a small part of the problem. Instead of providing comprehensive information on tariff plans, company development stages, and key project figures, clients are left with only a small number of reviews, a glossary, and mundane statements about the company’s goals. According to reviews, the scammers’ only aim is to clean out clients of their hard-earned savings.
Capital Markets tries to convince users of its international fame and the presence of offices in major financial centers, but the statistics contradict these illusions. The website’s visitor geography is limited to Russia only. Moreover, 60 potential clients per day seem like a modest figure for a so-called successful broker.
Review of Key Information about the Capital Markets Scammers
The Capital Markets scammers list fake advantages of their website but curiously omit information about the platform’s age. Therefore, we decided to conduct an independent check of the domain name.
It turns out that the “broker” Capital Markets has been operating since September 2015, as confirmed by numerous negative reviews.
The founder of “Capital Markets” is a certain K. Varalen. According to data, this person is also the head of Varalen Trading Corp., the broker’s parent company. However, no information about Mr. Varalen can be found online. Perhaps this “industry veteran” has something to hide.
On the website’s “About” page, we encountered another surprise. According to claims, Capital Markets is managed by 3 holdings:
- Varalen Capital Markets LLC (number – 5263705). The company is registered in New York,
- Varalen CM LTD (96572). An offshore company registered in the Marshall Islands: Trust Company Complex, Ajeltake Road, Ajeltake island, Majuro.
- Varalen CM Limited (11426492). An organization with presumed British roots and a dubious past.
Question: why so many? Do scammers believe that quantity will impress traders?
To conduct brokerage activities in the US, an NFA certificate is required. Apparently, Varalen Capital Markets LLC does not bother with such formalities, as the NFA resource is not even aware of the existence of this company. Therefore, the scammers have never had an office on Wall Street.
Additionally, the Financial Conduct Authority (FCA) has not issued any licenses to Varalen CM Limited.
Capital Markets claims to have a branch in Hong Kong (737, Exchange Square Two, 8 Connaught place, Central), where the office is managed by M. Batcher, who, according to data, collaborated with Sumitomo Mitsui Financial Group in Tokyo. However, Batcher is a fictional character invented by Capital Markets scammers to divert attention.
In the “Contact” section, the following information is provided:
- Main office: 30 Wall Street, 8th Floor, New York, USA,
- Phone numbers: +16463960555 and +85258086034,
- Email: +85258086034.
From the review of reviews, it becomes clear that it is almost impossible to contact the scammers, as they prefer to ignore client calls.
The scammers also have accounts on social networks, but the audience’s activity on their pages is zero. Posts receive barely 10 likes, and comments on publications are closed. This is not typical behavior for successful companies.
Review of Capital Markets Scammers’ Tariff Plans
The Capital Markets scammers claim to provide clients with access to 86 currency pairs, 14 indices, 3 metals, and over 2,800 CFDs on stocks.
The website also presents the following trading conditions:
- Entry threshold – 300 USD,
- Leverage – 1:300,
- Market order execution,
- Commission – 7.5 dollars per lot.
To attract more money from investors, scammers have developed a system of VIP accounts. Those wishing to join the community of allegedly affluent and successful people will have to part with a minimum of 50,000 dollars, as this is the minimum deposit.
Owners of VIP accounts have access to the following “privileges”:
- Personal manager,
- Free consultations,
- Priority order execution,
- Commission compensation,
- Cashback (10%).
Reviews of “Capital Markets”: Comment Review
Anonymous scammers have been operating on the Internet for over 5 years, which is why we found numerous negative reviews about Capital Markets’ dishonest activities.
The sheer number of destructive reviews is so great that fake comments written by paid copywriters do not save the scammers from a bad reputation.
Review of the “Capital Markets” Scam Broker: What’s the Catch?
Former clients’ reviews helped us form a clear picture of Capital Markets.
The company’s key assistant in attracting naive investors is a pseudo-educational center called “Finist.” Here, online trading is supposedly taught, and then newcomers are sent to practice at Capital Markets itself.
However, instead of money and experience, clients face numerous difficulties. After registering, a consultant immediately contacts the client, promising to help increase their capital. However, successful trades are only part of the scheme.
As soon as a client wants to withdraw funds, Capital Markets analysts quickly take action and swiftly deprive the client of their deposit.
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Results of the Capital Markets Scam Project Review
“Capital Markets” – skilled scammers with no conscience. Scammers are in no hurry to part with clients’ money, so for various reasons, they strive to get rid of victims as quickly as possible.
If you do not want to become a victim of scammers, then refrain from trusting fake reviews and sweet promises from Capital Markets!