Read our Capital Maximus review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a capitalmaximus.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 Capital Maximus 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 Capital Maximus 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.
Capital Maximus Review Conclusions
Making the Capital Maximus 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 Capital Maximus 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.
That is exactly right process CM doing. Everyone should very careful this scam.
I too have become a victim of their idle promises and have been trying to get back a refund promised to me one month ago. The article from Personal Reviews has re-activated my intent to get my money back.
DUNCAN LYLE SINCLAIR ….. I too have been scammed by a TINA PETROV of “CAPITAL MAXIMUS” she offered to Fly me to London …..she wanted to Marry Me
I am a 95 year old World War 11 Veteran ….. “WHAT A JOKE ….. But she still scammed me for 1550 Euero ……. I am going try the regulation agency to try and get my money returned
I am a silly old FOOL Duncan Lyle Sinclair
These are the same guys who did TradeTheBit.com, we need to start making a list of all the websites they are using. TradeTheBit.com was targeting Canada, CapitalMaximus.com is targeting Australia. Lets team up and get a list of all these sites so we can present them to INTERPOL. Its time we catch the SOB’s and put the boots to them!
Do not even think about it at all, they are cursed big con. Beware
Update -Feb 5 2022 – If any of you are checking this to see any news. I’m going to start a Discord about TradeTheBit and some of the options I am going through to help reclaim what we have lost, this will also apply to CapitalMaximus as well “Same Fraud Group”. If enough of us get together with enough information and loss we can get the RCMP “Canada” “Police – Australia” and INTERPOL to act for us in catching these Crooks. I’m also going through to find the list of events to help us retrieve the money from our banks. Message me directly at [email protected], Once you have sent me an email I can speak to you directly about what we have found out so far. TradeTheBit got me for over 80K, your not alone.
Remember, you didn’t ask to be a victim of Fraud, these guys are Professional Con-Artists. Together we can catch them!
Formally known as
Tradethebit.com
A Scam !!!!!!!!!!!!!!!!!
Marcus – Can you explain how you got your money back?
Capital maximus got me too. Some names of operators Oscar Varga, Andy Price & Victor Ivanov. They led me along showing profits on my account. tried calling them for a month now and no answer and all of a sudden access to my account is denied and all phones are disconnected.