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Caution! Capitalonefx is an Unlicensed Forex Broker
Abstract：Scam exists in any financial markets and the forex market is no exception.
Newly Established Less than 2 Months
Although Capitalonefx shows its history started from 2018, we found it was actually established less than 2 months. You can see from the domain check result:
Misleading Licenses
Capitalonefx states that it offers investment services including forex, share CFDs, commodities and indices under the regulation of the FCA, ASIC and FSCA.
Searching with Capitalonefx on the FCA Registry, we found no license matching results but a warning record. The UK's financial watchdog added Capitalonefx to its alert list, saying that this firm is not authorised by it and is targeting people in the UK on 24 March 2022.
Checking with the name Capitalonefx on ASIC Registry and FSCA Registry, we found no results.
That is to say - the firm is running without any licenses.
Based on the information, we can conclude that Capitalonefx is a scam.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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