Kapital Consult is a shady website. You won’t find any Terms and Conditions, regulations, or information about the owner. So it’s pretty clear that this review won’t praise the scheme. Let’s start and check every part of the broker’s fraudulent story.
|Broker status:||Unregulated Broker|
|Regulated by:||Unlicensed Scam Brokerage|
|Blacklisted as a Scam by:||N/A|
|Types of Assets:||Forex, commodities, indices, shares, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||No|
Is Kapital Consult a Licensed Broker?
As aforementioned, we know nothing about Kapital Consult. There is no T&C, the owner is not mentioned anywhere, and there is no official headquarters. We discovered that the broker is unregulated when checking all the major regulatory registers, including here FCA, ASIC, BaFin, CONSOB, FINMA, and more.
Furthermore, trading conditions are unregulated. So you have no reason to invest a penny with the firm, regardless of how good of a story they may serve you.
Also, we want to invite you to read our recently updated reviews of fraudulent brokersTraders Powers,Europa Trade Capital, andFocus Markets. Be careful with these brokers.
How Unsafe Is An Unlicensed Broker?
Unlicensed brokers are unsafe since there’s no compensation fund, no money-back guarantee, and you have nowhere to file a complaint. In addition, most unregulated firms don’t provide negative balance protection, meaning you can end up in debt towards the firm.
Our best advice is to look for a transparent, legitimate broker.
So, is Kapital Consult a Good Broker or a Scam?
Kapital Consult is a shady anonymous trading website. There are no Terms and Conditions, owner, or regulation number. The consumer index is low, indicating you should not trust the firm with your money.
Traders’ Experience With Kapital Consult
The best way to describe Kapital Consult reviews is as worrisome. The majority of comments refer to withdrawal issues. According to everything we read, this trading firm doesn’t allow customers to withdraw their funds. Instead, they are asked to pay additional fees and taxes, and then their trading account is blocked.
Kapital Consult Сlaims to Provide Access to WebTrader
The trading company claims to offer a WebTrader. However, without making an initial deposit, we could not access it. Thus, we can say only what’s written on the website – the web-based software is user-friendly, easy to navigate, and offers many charts and indicators. Since most WebTraders don’t actually have these functions, we’re pretty sure Kapital Consult wouldn’t surprise us either.
Kapital Consult Accounts Overview
There are five account types, each bringing different perks. They are:
- Starter – $250
- Basic – $5,000
- Gold – $25,000
- Premium – $100,000
- Supreme – Invitation Only
The leverage varies from 1:100 to 1:300. From the Basic account, you get access to specialized trade rooms and special ventures, and from the Gold account, you’re entitled to perks such as financial planning and risk management plan.
Also, remember the names of the trading fraudsACE FX,Interactive Fund,andGetPrimeCryptotrading scams and avoid them at all costs! Furthermore, before investing, always check the background of internet trading organizations!
Kapital Consult Broker – Countries Of Service
The broker mainly operates in:
Wherever you are, you should be aware that trading with Kapital Consult is unsafe, and you’re not covered by any compensation fund.
Kapital Consult Range of Trading Instruments & Markets
The firm offers trading in all major markets, including here:
- Forex – EUR/USD, GBP/CAD, EUR/GBP
- Commodities – gold, natural gas, crude oil
- Indices – Dow Jones, FTSE100, DAX30
- Shares – Amazon, Tesla, Microsoft
- Cryptocurrencies – ADA, BTC, NEO
What Trading Terms Kapital Consult Offers?
Since the spread is not disclosed, we don’t have an overview of your trading costs. Other trading conditions are unregulated, starting with leverage.
The leverage with this firm goes up to 1:300. EU and UK regulators only allow up to 1:30. At the same time, in the US and Australia, the limit is set to 1:50. The leverage has to be controlled so that a customer can control risks and not lose their funds immediately. As you can tell, the broker is not really worried about clients’ well-being.
Minimum Investment Amount
The minimum deposit is typical – it starts at $250. However, most legitimate firms have Micro accounts starting with as low as $10. You should go for one of those, especially if you have no experience.
Kapital Consult Fees, Payment and Withdrawal Methods
The firm doesn’t mention any deposit or withdrawal methods. Since there is no T&C or a Withdrawal Policy, we don’t know much about withdrawal terms and fees either. As there is a big lack of transparency, it’s clear that you should avoid the Kapital Consult trading scam by all means.
Scammed by Kapital Consult Broker? – Let Us Hear Your Story
Suppose you were involved with Kapital Consult. There’s a high chance that you cannot withdraw your funds and your access to your trading account is blocked. Contact us to book a free consultation with our chargeback specialists and we may be able to help you recover your funds.
But What Is A Chargeback?
A chargeback is a way for your bank to retrieve funds directly from the merchant. Since it’s a time-limited procedure, we urge you to get in touch right away. Let’s recover your money before it’s too late.