Private Capital: customer reviews on the company’s performance in 2023.
Reviews of Private Capital’s Work in 2023
Private Capital is a company that, according to official information, has over 14,000 clients worldwide and a trading volume exceeding 1 billion dollars. Additionally, it is claimed that the company has over 200 offices in various countries in Europe and around the world.
On the official Private Capital website, it is stated that the company has been providing its services since 2006. However, customer reviews cast doubt on this claim. A check through the specialized service whois revealed that the privatecaptrust.com website was only registered in February 2023, which has triggered negative reactions from investors.
Of the provided contact information, only the email address turns out to be real, which, according to reviews, is used by scammers for spam. The phone number, in fact, belongs to a hotel in the Poltava region (Ukraine), rendering attempts to contact the company through this number useless.
The absence of information about the company’s top management is another signal of potential risk for investors. It is unknown who is responsible for financial operations and what guarantees are provided to clients. Furthermore, the terms of cooperation are not disclosed, important internal documents such as the User Agreement and Privacy Policy are missing, arousing suspicion among users.
Legality of Activities
Despite the claimed British origin of the company Private Capital, the website lacks a legal address and documents confirming the presence of a license and registration. Checking in the registers of supervisory authorities did not show the presence of the company Private Capital among officially registered brokers. However, another company with a similar name was found, indicating possible use of fake legal data by scammers.
Customer reviews also indicate an undesirable experience of cooperation with Private Capital. Investors note capital loss and difficulties in withdrawing funds. Entrusting their capital and believing in the promises of scammers turned out to be a mistake for many users.
Trading Conditions and Depositors’ Reviews
Private Capital hides trading conditions, does not provide a detailed description of tariffs and commissions. Victims of fraud note the establishment of unattainable requirements for fund withdrawals, making the trading process complex and risky.
Despite its short period of operation, Private Capital already has numerous negative reviews from clients. Users share their experiences of falling into a financial scam and urge others to beware of such practices.
Fraud Scheme and Recommendations
According to the scam scheme, scammers offer investors to join a copy trading service and use signals to protect against losses. However, this is just a trap, and clients may face financial problems and account wipeouts.
In conclusion, we strongly recommend avoiding cooperation with the company Private Capital. Agreeing to invest with this company may be dangerous for your financial interests. Finding another partner for investments will be a safer choice to preserve your capital.