KBCapitals broker: honest review, real user feedback, can you trust it
Unique Review of KBCapitals Broker
In the field of intermediary services in the Forex market, fraud is often encountered. Forex kitchens, scammers, swindlers — these are the names given to projects that use various tricks. But compared to the activities of the broker KBCapitals, all these names seem pale.
KBCapitals are representatives of open extortion, willing to resort to any tricks to deceive and extort funds. In case of unwillingness to pay, they may even resort to threats confirmed by real user reviews. Let’s delve into all the details more thoroughly.
Overview of basic information about kbcapitals.com
The design of the KBCapitals website is done at a decent level, creating an impression of reliability and attracting cooperation. However, one should not rely solely on appearance. The “About Us” page states that the broker KBCapitals has been in operation since 1997. But the information on the website has not been updated for two years, as indicated by Whois data:
According to the data, the kbcapitals.com website has not been updated since its creation in April 2017. Posting unreliable information on the website may qualify as a crime. Therefore, KBCapitals are scammers.
And it’s not that simple — let’s assess the number of visitors:
Only 90 people visit the site daily. This is an extremely low figure for a company with 20 years of experience. A normal real broker or a cryptocurrency exchange for kbcapitals.com would typically attract between 5,000 to 6,000 visitors per day.
Let’s check the information in the documents. The site mentions “licenses,” but these are documents of their payment agent, which are separate from their obligations to traders. In reality, the company is registered in Prague with a statutory capital of $4400. Obtaining a real license requires a minimum founding capital of $100,000.
The founder of the company is Igor Melnichenko from Ukraine, but no information about him is found online. According to reverse tracking data, the company’s office is located in a post office or residential apartments. The review of primary sources only confirms the speculative nature of KBCapitals’ activities.
According to public Google Maps data, the KBCapitals office is located in a postal substation or residential area. Information from official sources only reaffirms the image of scammers and fraudsters. For example, KBCapitals are associated with projects like “Common Case” and “Quantum System.”
Review of the educational portal and platform kbcapitals.com
The KBCapitals website is available in English and Russian languages. User reviews indicate that such an approach is typical for scammers in 99% of cases. Surprisingly, the only trading platform available is a web terminal:
The description of the web terminal on the KBCapitals website is surprising in its inconvenience and inadequacy. The online platform provokes errors, does not provide necessary tools for technical analysis, and has significant delays. The absence of an MT4 license indicates the company’s fakeness and its desire to deceive unprepared traders.
The level of the educational section also leaves much to be desired. It consists of copied content from other sources and YouTube videos. The content about webinars turned out to be a myth, as evidenced by the review of the events calendar.
It is particularly noteworthy to mention the absence of commissions:
If KBCapitals does not charge for services, then what do they do and how do they pay their employees? Obviously, with the money stolen from users.
Review of scam schemes on kbcapitals.com
KBCapitals acts aggressively. They have personal managers capable of depleting your deposit in a matter of hours, regardless of the amount. Terms like “Cash,” VIP program — these are just a small part of the deceit.
The broker takes out loans in clients’ names and demands their timely repayment. Otherwise, they threaten to involve law enforcement agencies, confiscate property, and even imprisonment. Reviews confirm that many users agree and pay off non-existent loans.
Remember, KBCapitals has no right to demand payments from you outside of the deposit. Any demands after its depletion are illegal. A competent lawyer will confirm this.
Reviews and research indicate that in case of payment demands, one should turn to law enforcement agencies. Eliminating scammers is every trader’s duty.
User reviews of kbcapitals.com
To gauge the scale of fraud, just look at the first available review:
Clients’ losses amount to $30,000. Reviews about the broker on forums emphasize the ongoing deception of newcomers. Protect your funds and stay away from KBCapitals.
Positive reviews about the company are purchased, confirming the scam. Cybersecurity requires utmost attention, and dealing with dishonest companies can lead to serious consequences.
Author: Irina Sherbul
For detailed information and reviews about fraudulent brokers, we recommend checking out the review of TheGreenFX.