Fiesta Capital: company reviews in 2022

• Categories: Forex

Review of Fiesta Capital Company

Currently, Fiesta Capital claims that it is time to profit from the high market volatility and should not miss such a lucrative opportunity. The company positions itself as an international broker offering services in various parts of the world, including Russia. In this review, we will explore the principles on which the financial agent interacts with traders, the terms of cooperation, and the legal basis of its operations.

Assessment of Fiesta Capital Internet Resource

Fiesta Capital is an exact copy of the TVK Capital website, which was previously identified as a fraudulent organization with numerous negative reviews. Significant changes have been made only to the logo, while the legend of the brokerage company’s creation and cooperation terms remain the same. Apparently, scammers decided to rebrand, realizing that the days of their project are numbered.

The Fiesta Capital website was created in late April 2022. Currently, the company is actively promoting itself, aiming to fill the Internet with positive reviews to attract the attention of newcomers. Be extremely cautious!

Legal Information

Fiesta Capital claims to be one of the leading companies due to financial stability, quality services, high level of security, and regulation. The site states that the broker’s activities are under the control of the British FCA (document No. 695450) and the Cypriot CySEC (202/13).

Although there are no license scan copies on the platform, we independently verified this information. The company is deliberately lying. The licenses provided belong to completely different brokerage organizations. For example, a check based on CySEC database showed results that do not match the stated information.

What Does Fiesta Capital Offer?

Fiesta Capital is a suspicious company that tailors its approach to each potential client. They promise trading with more than 250 instruments but do not specify contract terms on the platform. Only a few features have been identified:

• training for beginners,
• assistance of a personal manager in trading,
• no commissions for money transactions,
• leverage up to 1:200,
• 24/7 support,
• high level of security,
• various payment methods.

In the FAQ section, the company already mentions not tariff plans for self-trading but investment programs. To earn passive income, one must deposit a minimum of $250 and hold it from 1 to 90 days with a promised yield of 1% per day. Also, generous bonuses for account replenishment and additional interest accruals are promised.

Reviews from Real Customers

Since Fiesta Capital is a new fraudulent scheme, the company has no reviews from real customers. Scammers use this to deceive newcomers and exploit them to the maximum. When reviews appear, real clients may suffer significant losses.

Deception Methods in Fiesta Capital

Each client is provided with a personal manager at Fiesta Capital. Novices are told this is a professional who will help increase capital. They may also offer downloading software for remote access to carry out profitable deals. But in reality, this software is used by scammers to cancel clients’ accounts and steal personal data. The bogus company does not take responsibility for damage and does not even provide internal documents establishing the rights and obligations of the parties.

Conclusion

By entrusting your funds to Fiesta Capital, you risk losing them. These are professional scammers who have no intention of fulfilling their obligations and helping to increase capital. Their goal is to deceive as many people as possible in a short period and enrich themselves at the expense of others’ funds. Do not engage with this company; they will not bring you any profit!