Iconic Capital: customer reviews, legal database analysis
Iconic Capital: customer reviews on cooperation, legal base analysis
On the Iconic Capital platform, clients are greeted with an invitation to “Invest on a large scale and make a profit.” The company claims to protect the interests of traders and offers access to 600+ assets. Reviews about the company are currently absent, making it difficult to assess its reliability and financial stability.
What is the Iconic Capital website?
The template website of Iconic Capital with mediocre design and insufficient amount of information. The site seems hastily put together, raising questions about the reasons for the rush. The company positions itself as international, offering a multilingual interface, including a Russian version.
Despite the company not disclosing its market experience, the registration date of the domain name (16.07.2021) indicates the platform’s novelty. The absence of reviews is not surprising in this context.
For contact, the company provides several emails and phone numbers, as well as an address in Saint Vincent and the Grenadines. However, Iconic Capital is absent from social networks, hindering traders from communicating with each other and sharing reviews.
Facts against empty promises
Despite the claimed reliability and legality of international operations, Iconic Capital remains a secretive company. Some facts remain undisclosed:
- Real market experience;
- Project authors and their connection to trading;
- Absence of cooperation reviews;
- Presence of necessary legal documents for lawful operations.
The managing company of Iconic Capital, allegedly, is Effervescent Group LTD, registered in an offshore zone. The island nation of Saint Vincent and the Grenadines is not known for its strict financial legislation, which may attract financial fraudsters.
Iconic Capital does not provide a license or its scanned copy, ignoring local legislation. Traders should be cautious and understand that they are registering on the platform without proper guarantees.
Account types overview: offers for traders on Iconic Capital
To attract beginners, Iconic Capital offers a demo account, available without investments for a month. After the expiration, it is necessary to open a real account with a $500 entry threshold.
The company promises access to trading 600+ assets, including Forex currencies and CFDs on various commodities. Several types of trading accounts are offered with features such as spreads from 1 pip and leverage up to 100x.
Iconic Capital has not provided reviews on payments and commissions on its website yet.