**Review of the MultiCapital Trade scam scheme and reviews of deceived traders**
MultiCapital Trade is a company that, under the guise of a broker, offers its services in the global market. On their official website version multicapital.trade, there is no information about having a license to conduct activities. However, clients, leaving reviews, call “Multi Capital Trade” scammers. Should you trust them? Let’s find out by studying the website, staff work, and real customer reviews.
Review of the trading conditions of MultiCapital Trade
To start trading, registration on multicapital.trade is required, along with entering standard data. Then it is necessary to top up the personal account. The company offers several options for this: through a bank card, Neteller, Perfect Money, QIWI, Yandex.Money, and others. A 5% commission is charged for withdrawing funds from the account.
Account review:
- Standard – an account with less than 10,000 euros, service fee of 90 euros$;
- VIP – the opportunity to receive a 125% bonus, low spread, 50 euros for account servicing, minimum deposit amount over 10,000 euros;
- Premium – the account balance should be above 50,000 euros, a 150% bonus is provided, the lowest spread, no withdrawal commission.
“Multi Capital Trade” presents itself as a broker offering its clients innovative solutions and modern tools for effective trading. At the same time, the actual situation is slightly different. The multicapital.trade website is developed exclusively in English but has the option to switch to Russian. The company information is presented rather positively. However, the information on the MultiCapital Trade legal address on the website, located in the UK, turned out to be fictitious.
For feedback, it is necessary to contact the technical support service through a registered account. However, according to customer reviews, a response is guaranteed only if it does not concern withdrawing funds from the account. Licenses and certificates for legal activities are missing in the “Documentation” section, raising doubts about reliability. The CCRFM certificate is published, but for another organization – Delloy.trade, which is either an error or confirmation of fraud.
Review of the MultiCapital Trade trading platform
“Multi Capital Trade” provides its clients with its trading platform, but according to reviews, it is difficult to rely on withdrawing earned funds on this platform. The main goal is to convince the client to top up the account, only to have the money drain away again. The user is effectively participating in a simulation game where the company takes all the money when a trade is made.
Regarding security, the company claims that trader information is protected and not disclosed. The platform can be used on any operating system, and the minimum deposit amount is $100.
Interesting fact: the official multicapital.trade website has many analogs – delloy.trade, coin-coin.trade, etc. They are very similar to each other, except for images and fake licensing documents.
Additional features from “Multi Capital Trade”
Broker MultiCapital Trade operates for a short period, offering trading on its platform with a wide range of assets. Clients can trade in securities, commodities, indices, and currency pairs.
After registration, access to full market analysis is provided by an experienced trader, as claimed by the company. News posts about trading are also available, but the reviews do not always reveal the essence, making them less useful. An economic calendar, market situation reviews, and other tools are also available.
Among the advantages are the absence of commissions, a wide selection of tools, access to feedback with staff, and the ability to start trading immediately after registration. Clients can use educational materials and take advantage of personal training with a trader.
Multi Capital Trade also offers its clients a bonus system and the possibility of obtaining a loan in case of insufficient funds (according to reviews, clients are forced to apply).
Review of former clients’ reviews
Reviews about the company Multi Capital Trade are mostly negative. Former clients express complaints about the company’s operations:
- untimely payouts to bank cards;
- multiple verifications and account checks;
- technical issues with the platform;
- account blocking and inappropriate employee behavior;
- lack of licenses and pressure to apply for a loan.
According to reviews, the company profits from clients by offering profitable deals but effectively draining clients. Under the guise of compensating for lost money, funds can also be deducted.
Conclusion
Analysis shows that MultiCapital Trade is just ordinary scammers luring novice traders with attractive offers. Although the possibility of a quick start exists, withdrawing winnings remains questionable. It is recommended to avoid this company and blacklist it.
Author: Sasha Chaika
Read also: Review of the binary options broker PrimeOption by professionals: reviews from real clients.
My experience with MultiCapital Trade was vastly disappointing and deeply concerning. From the onset, their approach to managing and handling my investments was questionable at best. The supposed broker assigned to me was evasive and inconsistent in his explanations of trading terms and procedures. Attempts to withdraw my funds were met with repetitive obstruction and deliberate delays.
Even more disturbing were the multitude of negative testimonials from other traders claiming to have been exploited by the same broker. These disturbing revelations exposed a clear pattern of apparent deceit and potential fraudulent practices, resulting in substantial losses for investors.
The promises made of high and quick returns were nothing but hollow words, just part of their brilliantly crafted scam scheme. To anyone pondering on engaging with this broker, I strongly advise against it. My experience with MultiCapital Trade was characterized by obscurity, potential fraudulent behavior and substantial financial loss. To those who may have already fallen into this pit, I lend my sympathies and encourage them to seek legal advice. This broker is a pernicious trap.