Why you shouldn’t deal with City Capital Trade: a review and feedback from defrauded traders
There are many scammers in the financial markets ready to deceive unsuspecting traders for their own benefit. Among such companies, City Capital Trade stands out. In reviews of citycapital.trade, users share their negative experiences with this pseudo-broker, pointing out the scale of fraud committed by this company.
About the Company
Researching dozens of sources leads to the conclusion that the broker City Capital Trade generates a lot of negativity among traders. The lack of information about the owners and management of the company, as well as the fact that the main office is located in an offshore zone, raise questions about the transparency of its operations.
Clients complain about difficulties in contacting support and receiving answers to their questions. The situation becomes particularly complicated when traders try to recover their funds.
Regulation and Certificates of Activity
According to information, the Marshall Islands serve as a base for broker scammers. The presence of a license issued by the unknown regulator ARCET raises serious doubts about the legality of City Capital Trade’s operations.
Honest Review of citycapital.trade Website
The official City Capital Trade website looks unfinished and lacks sufficient information about the company’s activities. The homepage only features vague numbers and registration links, indicating a lack of professionalism and transparency.
Trading Conditions: Review of the Fraudulent Broker’s Offers
City Capital Trade does not offer favorable conditions for trading binary options. The entry threshold, minimum bet, and other conditions make cooperation with this broker unattractive for investors.
Registration Procedure
Registration on the citycapital.trade website requires answering a call from a company manager to activate the account, emphasizing the unusualness of the process.
Deposit and Withdrawal: Review of Available Methods
Confirmation of identity is required for depositing and withdrawing funds, and the minimum withdrawal amount is $250.
Types of Binary Options
City Capital Trade offers various types of binary options, but the detailed description does not provide complete information about all the offered types.
Education and Analytics: Review of Offers for Beginners
The insufficient amount of educational materials and the lack of analytics make cooperation with City Capital Trade disadvantageous for novice traders.
What Traders Write in Reviews?
Client reviews emphasize the deceptive nature of City Capital Trade’s activities and the difficulties in trying to recover their investments.
Summary of the Review
City Capital Trade is a company that raises serious doubts about its operations and attracts negative reviews. Cooperation with it is not recommended to avoid asset losses.
Author: Anastasia Chabanyuk