Read our Triton Capital Markets review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a tritoncapitalmarkets.com review. They also operate tritonmarkets.com.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Triton Capital Markets is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Triton Capital Markets in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
Triton Capital Markets Review Conclusions
Making the Triton Capital Markets review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Triton Capital Markets review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Triton capital market is total fraud. Do not invest a single usd in this company.
My moother in law got scammed by this site. The moment the deposit was in. It was lost. In the history it shows a trade withvleverage 666x. No reply from any mail or chat.
1st i wanted to invest in “E-YUAN” which it was advertising as one of the 1st cryptocurrency that monitor by the Chinese government. So once I clicked onto the site it directed me to the sign up page and next thing you know there’s this sales assistant called me and helpfully verified my personal information then I asked him how much am I paying for the E-Yuan for how many would I get then the sales assistant said there will be someone contact me to guide me with the buying instruction detail. So within 1.5 hr later someone call and said that in order to start trading I will need to deposit USD$550 I’m order to start trading … so quickly I went and deposit the money, after that it was a nightmare. The guy seems to be super friendly helpful and nice trying to talk me into investing into sthg else .. which my family is in “stock market” business why would I invest in stock if it wasn’t for “E-Yuan” so the guy kept going with his investment strategy talk… then I told him that “I’m sorry I don’t want to trade any stock because I have my whole stock account with my family….. even after half an hour of talk he still insist. … obviously after all the explanations of what better to trade, I told them I’m sorry I want to withdrawal my money. Days after days their platform kept rejecting my withdrawal instructions and even try to send them emails and no one would reply. Then after 30 days later I saw my account was deducted USD$100 for “administration fee” which it said on the blanket for them to deduct that is if you don’t make and trade within 60 days they will charge you an “Dormant fee”, then I start sending many emails to their support team and “sales representative” to ask what’s going on. (24 Feb 2021) Somehow they did reply and call me to ask what’s going on and rebate the money back to my account and told the sales representative I cannot trade with them due to family issue also told him I’m sorry i need to withdrawal all the money and close me account.. then I thought great now everything is done. 25 Feb 2021 this after when I wake up around 12:50 after doing some house work I checked my emails for work stuff and found out someone use my account to made a currency GBP/USD trade- the trade was QTY190,000 and activated time was GMT 04:55 and the email I received was a margin warning saying my account equity was remaining low and the trade will close by itself when money get lower then $107, obviously the trade closed by itself cause I was not even aware there was a opening position with my account…. due to the issue I’ve send them more than 6 emails but till now no one has even contact me or reply my emails. And now I don’t even know will I get my money back due to their malfunction platform and it actually would open position by itself. I have all the print screen of the statement in case they take my money then close my account without notify me.
My Dad invested £250 11th Jan 2021. 3 days after opening his account he decided trading wasn’t for him and requested a refund for full amount. He was told he needed to do some verification process which he did and He was also asked to do Withdrawal process again which he did both within 7 days of opening his account. He received email saying his withdrawal was accepted for full amount. When he tried to get his money out they cut £100 of for 30 days of inactivity even though my dad asked for refund 3 days after initially opening his account. We have been complaining to get his full refund since 15th Jan. They won’t give his money back but instead keep calling him weekly to start trading even after he has told them he is not interested. If he asked for a refund it means he doesn’t want to trade everything was done from my dads side within 30 days of opening his account but triton capital market still cut £100. They are quick to take people money and harass them for more but when it comes to giving money back they don’t respond. They are a bunch of scam artists I would never trust this company.
thanks for the warning just going to invest.
Wish I had seen this review before I got scammed!
Hi. I’m Lim I just read those feed back n panicking now .I aleardy made $1000 sgd deposit to triton capital yesterday at abt 6pm local time..but have not reply any of my particular to them or sign anything just yet.which they expect me to do it today…please go me advise tq
After reading all yr reviews I immediately call my bank to perform a chargeback.now waiting update from my bank..tq v.much guys wish me luck
I invested £250 with Triton Capital Markets. They made me a small profit. I had a go at trading and got it to £1000+. Decided to close account but was bullied into no closing account. Got £240 back and left the rest. (as I thought get my original deposit back) They made approx £250 profit on what I left in account. Asked for a withdrawal of all money and close account. ALL GONE WRONG NOW. BEEN SCAMMED. 2 weeks of emails phone calls and all I get is it’s in Bitcoin and you have to deposit £5000 of Bitcoin into my Triton Account (which I can not get access to anymore) and they will sent to my Bitcoin wallet the £5000 + the £1200 in account. I may of been a bit silly at start but there is no way I would deposit another penny in the (scam) company. Do they really think when my account is blocked I would deposit £5000 to try and get my £1200 back. One name who got very aggresive with me because I would not deposit another £5000 is MARK NELSON. (if that is his real name, but able to get him on email in that name)
PLEASE STAY AWAY FROM COMPANY UNLESS YOU WISH TO FILL THEIR POCKETS WITH MONEY.
I myself have been the victim of their fraud. It started with a smaller deposit of 250 euro. The account increased rapidly and they called me a lot from diffrent swedish numbers and tried to pursuade me to deposit more. On the meantime the balance on my account increased. After many calls and text message with David Steinberg he managed to persuade me to deposit, at this point I deposit 20 000 euro. My account kept on increasing and I got a bad stomach feeling when it inreased 20-40 000 euro/week. This is to good to be thru.
David added me to Telegram and all comunication went from there. I had no other contact information to him except an email adress that suddenly stopped working. David was gentle as long as I did what he wanted but when I did not he was rude and unpleasant.
At this point I asked for a withdrawl of 20 000 euro to my bank account. David said that he would arrange it and it would take just a couple of days. After that I did not hear from David any more. Instead a Johnny Gekko called me and said that he was from finance and responsible for the withdrawl.
He told me that they could not make the withdrawl to my bank account. Instead he should help me to open a Electrum wallet. Every time we talked everything went very fast and I barely had time to think. He asked me to open Any desk and share my screen with him so he could help me open the Electrum wallet. WARNING Never share your screen with them, thats another set to fool. I shared my screen and we opened the Electrum wallet. I kept the seed but I said that I did not feel secure that he seen my seed (the 12 words that I should not show to anyone) He said that he had not seen it beacause he was not in front of the computer and bla bla bla. I was in a hury to get back to work so I trusted his words and went on.
After that he told me to open a account on one crypto exchange, he recomended Coinmotion. I opened an account on Coinmotion in the belive that I would get my profit thru them.
Ok so now I had both Electrum and Coinmotion wallet. Then Johnny Gekko told me that I need to make a deposit to my Electrum wallet to show proof of liquidity before they can make the transfer from there side. Het told me that I needed to deposit 50 000 euro and after that I would never need to do that again. After deposit I could take the money back again. WHAT 50 000 euro is a lot of money!!! I asked him why I need to deposit, and he had a line of explanations.
I said that there was no chance I would deposit that amount and I said that I can deposit 10 000 k first and when I see that it works I can deposit more.
Johnny said that we could try and see if the Triton system will accept him to do the transfer if I only deposit 10 000 euro. I made the trancaction from my bank to my Coinmotion wallet and after that Johnny helped me with the transfer from Coinmotion to my Electrum wallet. The 10 000 euro came in on my Electrum wallet and I could see them. The day after Johnny said that he would make the transaction from the Triton wallet to my Electrum wallet. But before that happened my 10 000 euro dissapeared from my Ellectrum wallet. Johnny Gekko twisted them from my wallet with my seed….
So now I had loss 30 000 euro and Johnny claims that my 10 000 euro that is gone from my Electrum wallet is pending because I did not have the right proof of liquidity. If i deposit the 50 000 euro everything will be released and I will get my money.
After calling Johnny a fraudster he stopped respond and told me that he can not handle my case anymore so a Steve Angelous took over. Head of finance bla bla bla.
The only thing Steve told me is that if I want my money I need to make a deposit 50 000 euro to show the account proof of liquidity after that everything will be alright and I can get withdrawls in the future with no problems.
Of cause I wont deposit more, if I do they will disapear the same way as the 10 k.
I know I have been naive and stupid that I have gone on this fraud. I will do all in my power to disseminate all information about them in all forum I can find. I have registered Triton internationally and I will go to media if I need it. I have copied all our messages and recorded our calls.
/Åsa from Sweden
Hy, i was also the victim of the man so called Dejv,nothing but a scammer….
I lost £500 worth of investment with them