Capital Millennium: customer reviews on the company’s performance in 2023.
How scammers operate at Capital Millennium
Many scammers do not limit themselves to one fraudulent project. When their previous project is surrounded by a wave of negative reviews, swindlers launch a new scam. This is the tactic of the company Capital Millennium. With rich experience in deceiving traders, their predecessors had a bad reputation. Our review will tell you how this fraudulent project operates and how they deceive clients. All you have to do is read and draw conclusions.
Important information about Capital Millennium
In the footer of the Capital Millennium website, it is stated that the company started its operations in 2016. However, this information should be doubted as there is not a single review about the company online, indicating that this project is new. Checking the domain history revealed that the site capital-millennium.com was registered at the end of August 2023.
The company pays no attention to supporting its traders. This can be judged from the contact information verification. The provided email address turned out to be untrue, making it practically impossible to contact customer support. Scammers will only communicate with clients until they generate financial benefits for them.
Internal documents on the site are absent, and all links do not work. The company can change its rules at any time to deprive users of funds or accuse them of rule violations and block their accounts.
Is Capital Millennium a legitimate company?
Capital Millennium presents itself as a company from the UK registered at: 18 St. Cross Street, 4th Floor (London, UK). A registration certificate – 11396942 issued by AGGERO LTD in 2018 can be found on the site. Their primary sphere of operation is information technology. However, the company has no connection to brokerage activities.
The authors of Capital Millennium had previously failed once with a project called Aggero, which also received numerous negative reviews, leading to the loss of new clients. Hence, the scammers decided to create a new company.
To provide broker services lawfully, a license is required. In the UK, licenses for intermediaries are issued by the FCA, but Capital Millennium does not have such permission. Neither the company nor AGGERO LTD are listed as licensed companies.
However, scammers claim to have obtained permission from BDSFC (Banking and Digital Services Fraud and Cybersecurity Committee), which is actually a fictitious regulator with no official website.
Terms of service provision
Scammers claim that becoming a trader is easy and accessible. The company states that protecting clients’ capital is their priority. However, there is no demo account, and the tariff plans are not detailed. Currently, we know the following:
- various payment methods (bank transfer, e-wallets, debit and credit cards),
- no commissions on account replenishment,
- round-the-clock expert support,
- access to trade various assets, including currency pairs, indices, stocks, energy resources, metals, cryptocurrencies,
- opportunities for self-trading, capital management, use of a bot advisor,
- use of their web terminal for trading.
The company lacks verified financial stability due to the absence of real client reviews.
Why are there no reviews from investors?
Capital Millennium is a new project, so the lack of reviews is not surprising. However, the situation may change as the company actively promotes its service on social networks and forums.
To learn more, you can review feedback about Capital Millennium’s predecessor. Have you had experience with Capital Millennium? Share your review and tell your story of working with these scammers to warn other users of the danger.
Fraud scheme
Capital Millennium offers newcomers the services of an account manager, who is a professional and should help users understand the platform and earn money. In reality, the account manager engages in extortion. Initially, these may be small amounts, but as the scammers realize the client’s money is depleting, they block the account.
Clients are accused of rule violations and money laundering. Resisting is futile; it is better to seek legal help. This is the only chance to recover the stolen funds.
Conclusion
Working with Capital Millennium, you risk losing all your funds. The company is interested solely in its profits and is willing to defraud every client. Scammers have experience in deceiving beginners, so they apply well-established schemes.