Beware! CapitalPro Trade is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
CapitalPro Trade is not a layered nor complex. It is a scam and a risk to all, and that’s all there is to it.
The broker claims to be regulated by the European Financial Security, provided with a reference number and all. The link to the website of this regulator is legit, but not the regulator. In fact, this European regulator is one of those fake regulators that are built specifically to falsely oversee very illegal and risky brokers. Most of the times, these are paid servcies provided by either scammers or some niche group. In other words, the European Financial Security is a fake regulator, and all the brokers you find there are scams!
And that is pretty much all there is to this broker. It is unlicensed and a risk to all! Do not invest here.
|Guaranteed Funds||Segregated Accounts||Negative balance protection|
|UK regulated brokers||£85 000||Yes||Yes|
|EU regulated brokers||€20 000||Yes||Yes|
|AU regulated brokers||No||Yes||Yes|
|US regulted brokers||Yes||Yes||No|
CapitalPro Trade Trading software
|Analytical tools||Auto trading||Custom indicators||Mobile apps|
|CapitalPro Trade No Platform||❌||❌||❌||❌|
|cTrader||40+ indicators||✅||✅||Android and iOS|
The registration button leads to an error page, meaning that we could not access a potential trading software. And that is unacceptable, but very common with scammers.
Worse even, the website does not provide any trading platform details at all. There is no proof that there is a software, and that is all we can say about that.
CapitalPro Trade Trading instruments
The advertised assets are forex currency pairs, commodities, shares, cryptocurrencies, bons, and metals, but the missing software and CapitalPro Trade’s unlicensed status is enough to conclude that there is no way to trade here. So these assets are quite useless.
CapitalPro Trade Spreads and cost of trading
The so-called “tight raw spreads” that start from 0 pips is a lie for us, since there was no account opening procedure, no user area, and no proof of a trading software. Now, taking all that, how can we trust that there is a trading thing going on around here?
CapitalPro Trade Maximum leverage
|UK regulated brokers||30:1||5:1||❌||10:1||10:1|
|EU regulated brokers||30:1||5:1||2:1||10:1||10:1|
|AU regulated brokers||30:1||5:1||2:1||10:1||10:1|
|US regulated brokers||50:1||❌||❌||❌||❌|
The site says that the leverage goes all the way up to 1:500, but again there is no proof that the leverage is applicable. But again there is no proof that CapitalPro Trade offers any sort of real trading conditions. Here’s a high leverage selection of brokers for you to check out.
CapitalPro Trade Deposit and withdrawal methods
|Deposit time||Withdrawal time||Fee|
|Bank wire||No information||2-5 business days||No information|
|Credit card||No information||2-5 business days||No information|
In the legal documents the only methods talked about are bank transfers and cards. But even with that info, we are unsure if these are the real options for investments. The other thing we read is that withdrawals take up to 2-5 days to process. That is all we have for you, and we cannot really tell you if they apply for real.
CapitalPro Trade Minimum deposit
The minimum deposit is not revealed, so readers should check these minimum deposit brokers as an alternative for this scam. All we know is that brokers offering high deposits are outdated, very brazen, or downright scammers. Those that have no information are mostly so bad that they are not really worth even paying attention to.
CapitalPro Trade Withdrawal requirements
|Trading volume||Fee/Tax on withdrawal||Minimum withdrawal|
|CapitalPro Trade||No information||No information||No information|
|UK regulated brokers||No||No||No|
|EU regulated brokers||No||No||No|
|AU regulated brokers||No||No||No|
|US regulated brokers||No||No||No|
There are no payment fees, and by that we mean that there are no deposit or withdrawal fees at all. But the legal docs reveal explicitly the presence of “additional fees”. What these commissions are we don’t know, and we have no idea when they would apply. But clients should know that this is a scammer broker, and furthermore, the legal documents claims to share fees with third parties and with affiliates.
There is also a 10% monthly dormant fee if a user has not been active for more than 6 months. And then we have the non-deposited funds clause that states that the withdrawal of profits is not available. What more proof do you need to conclude that CapitalPro Trade is a scam?