EXS Capital: customer reviews on company performance in 2023
Reviews of EXS Capital Company in 2023
If a company calls itself a reliable financial partner and offers favorable cooperation terms, it is not a reason to hastily open an account on its platform. It is possible that this is another financial scam that cleverly disguises itself as an honest broker. Take EXS Capital, for example. The initial impression of this intermediary may seem positive, but users in their reviews call it a money grabber and do not recommend others to register here. The reasons for this will be discussed in an independent review.
Main Information about EXS Capital
According to the legend, EXS Capital is a company that has been providing brokerage services for 8 years and has achieved outstanding success. Its capital exceeds $1B+ with an annual growth rate of 28%, and it operates in over 80 countries. Potential clients are promised maximum fund security, comfortable trading, over 40 payment methods for depositing and withdrawing earnings. At first glance, it may seem like a top broker that could be a reliable partner.
However, scammers have made several fatal mistakes that a professional will immediately take note of and not risk their capital. One glaring issue is the recent appearance of feedback, mostly in the Russian segment. Moreover, the website itself is only presented in Russian, which is quite strange considering the broker claims to have Singaporean roots.
In reviews, users complain about the lack of proper customer service. The feedback is valid as the only available communication channels are a feedback form and chat, but the link to it is non-functional.
A check of the domain registration date showed that exscap.com was officially registered in April 2023.
Specialized services evaluate its value at only 2 rubles!
The names of top managers are not disclosed by scammers, although they talk about a team of professionals. They have also filled their website with free stock photos that are used by many other companies.
Legitimate Provision of Services or Not?
According to the legend, EXS CAPITAL PTE is a company registered in Singapore (certificate number of incorporation 231968). There is no document confirming the legality of its operations on the platform, but the Monetary Authority of Singapore (MAS) database is open, so any information can be verified independently.
This organization is indeed registered and licensed. The brand belongs to Capital Markets Services.
However, there is one caveat. The real company EXS CAPITAL PTE is based on the exs.com website. Scammers simply used someone else’s legal details to confuse potential clients.
In the Russian-speaking segment, the company operates illegally and is not listed among the licensees of regulators from CIS countries:
- Bank of Russia,
- Agency of the Republic of Kazakhstan for the Development and Regulation of the Financial Market,
- National Bank of Belarus, and others.
In reviews, deceived users write that they were unable to even get legal assistance as they voluntarily contacted anonymous fraudsters.
How Does EXS Capital Offer to Make Money?
EXS Capital does not provide a detailed specification of contracts, but some information has been uncovered:
- lack of a demo account,
- access to trading with 1,000+ assets (currency pairs, metals, commodities, indices, and stocks),
- three tariff plans with an entry threshold starting from $100,
- educational materials and webinars,
- personal consultant services,
- when depositing over $1,000, access to automated systems and trading with zero spreads is also available.
What About the Reviews?
There are not many reviews about EXS Capital yet, but the feedback we found carries a negative tone. We suggest reading the comments of former clients and making informed conclusions.
Do you already have an opinion about this intermediary? Publish your reviews about them and tell the truth. This will help form an independent public opinion.
Scam Scheme
EXS Capital takes advantage of the gullibility of newcomers. They sell the services of a personal manager who is supposed to assist in trading. However, the main goal of this specialist is to scam users for a large sum. Once they achieve their goal, the user will receive an email notification that their account has been blocked due to violation of agreements. The scammers will not provide any other explanations and will simply stop communicating. They will keep the money for themselves.
Conclusions
EXS Capital is another fraudulent company that wants to profit at someone else’s expense. We do not recommend risking your capital and engaging with these fraudsters. They will not help you make money.