Read our FxCapitalize review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an fxcapitalize.com review.
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 FxCapitalize 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 FxCapitalize 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. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
FxCapitalize Review Conclusions
Making the FxCapitalize 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 FxCapitalize 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.
Fxcapitalize is a scam. They call you daily until you deposit money. Once you do so, they ignore you. If you try to withdrawl money, you cannot because you recieve an automatic generated message box that says you will recieve a withdrawl confirmation email once the adminstration approves your withdrawl which of course never happens. They are scams all they want is to steal your money. The so called financial expert uses a whatsup number outside UK and start telling you stories that was managing a 16million$ portofolio and things like that. They ask you to share your desktop by using anydesk app so that they can trade remotely for you. They do it once and try to pass time so that you cannot trace your money back.
Be aware from them, do not trust them.
I had the same experience. Thanks to them I’m gonna end up homeless by the end of the month. They looted $1200 CAD from me. Please do not fall for it, it’s a scam. My hard earned is lost for ever now.
Hi! I was called from this people and they told me to invest about 250 euro. They spoke German. After that they told me , if I send dem money on their account in Switzerland, it should be cost only 200 euros. I did it. Within 2 days they made 35 euros profit and asked if I trust them. I told maybe, but that’s not enough. They told me they charge me only 10 % and after Tax I would earn 73 %. They told me, I should invest about 2000 euros. And they call everyday. I should right an email and request my money. I’ll see what happen.
Fxcapitalize is a SCAM!! I sent 250usd and next day I sent all documents they want (you know) but later the same day I realized “this company is a scam” so I nicely asked sales guy name Christopher(Central American English accent) he even sent me his qualification here is a link https://register.fca.org.uk/s/individual?id=003b000000KSoP0AAL
probably this ULR is a totally different person who I was dealing.
He yelled at me for cancelling the transaction and his superior was yelling me to and backmailing me if I don’t send more money $300usd to them I’d get a $50,000 fine from Govmt of Canada and she finally hang up on me so immediately called my credit card company, I ask for cancelling this transaction, there have been incidents like mine so the transaction was cancelled(it was pending)
!! DO NOT INVENST YOUR $MONEY$ TO THIS COMPANY !!