Capitus Broker Review: Strong Warning – Likely a Scam

BrokersView has reviewed Capitus and concluded that it is likely a scam. The review highlights several red flags indicating a high risk for investors:

• Unregulated: Capitus is not regulated by any known governing body, meaning there are no legal protections in place for investors’ funds.
• Newly Established: The website is very recent, with the domain registered only in late August 2024. This raises concerns as newly established brokers are often used by fraudsters.
• AMF Warning List: The French Financial Authority (AMF) has added Capitus to its warning list for operating as an unauthorized forex broker. This is a strong indicator of non-compliance and potential illegality.
• Lack of Licensing Information: There is no evidence found suggesting that Capitus is properly licensed or supervised by any regulatory body.

Key Takeaway:

BrokersView strongly advises against using Capitus. Due to its unregulated nature, recent establishment, lack of licensing, and inclusion on the AMF warning list, Capitus poses a significant risk to investors. There is a strong likelihood that it is a scam designed to defraud individuals of their money.

Recommendation:

It is always best to stick with established and regulated brokers when engaging in forex trading. This ensures a safer trading environment and provides legal recourse in case of issues.

Disclaimer: This summary is based on the provided text and should not be considered financial advice. Always conduct your own thorough research before investing in any broker or financial product.

Assistance for Victims of Fraud:

Should you have been the victim of a fraudulent scheme perpetrated by Capitus or any other similar entity, please be advised that assistance is available.

We strongly encourage individuals who have suffered financial losses to:

• Immediately contact their bank or relevant financial authorities.
• Seek professional assistance in recovering lost funds. We are prepared to provide guidance and support in navigating the process of reclaiming assets.

Disclaimer:

This review is for informational purposes only and should not be construed as financial or legal advice.