AJ Capital review 2023: 5 things you should know about ajcapital.pro

Beware! AJ Capital is an offshore broker! Your investment may be at risk.

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Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

AJ Capital tries to mislead its customers into believing it’s reliable and regulated. The truth however is miles apart. This broker is one of the many firms located in the scam haven as they call it. This means that it is certainly not licensed but what’s more there’s a great possibility that AJ Capitals is yet another fraudulent scheme. Apart from that, note that opening an account here turned out to be practically impossible as the website stops working now and then. As for what is displayed on the page itself, it seems that this broker doesn’t offer anything that could be in your favor – only risky leverage and a lackluster platform. So if you had any intention to invest with AJ Capital, better read the following review – you’ll do an about-turn for sure!

AJ Capital Regulation and safety of funds

AJ Capital claims to be registered in St. Vincent and the Grenadines. This is an offshore zone with a pretty bad reputation when it comes to forex trading. The reason is simple – a lot of scam firms are located there exactly because of the lack of any forex regulation. What bothered us the most however, is the fact that AJ Capital claims to be regulated by the local Financial Services Authority (FSA) and even posts a certificate of incorporation issued by the same authority. This document however is not a forex license and has nothing to do with its purported authorisation. Obviously, this claim can’t possibly be true, as we mentioned above – SVG just doesn’t license forex brokerage activities in general. Even the Financial Services Authority (FSA) states the same on its website – it even warns potential customers about the danger of dealing with unregulated firms like this one. See the full notice down below:

Moreover, this broker also posted an address based in Cyprus. This however is certainly a blatant lie as well. We searched the registers of the Cyprus Securities and Exchange Commission (CySEC) and as we expected there was no data about this firm.

As you see, AJ Capitals shamelessly lies about being licensed and that’s yet another clear indication that you have to keep away from it.

AJ Capital Trading software

It’s important to mention how insufficient and plain this website is. This being said, there is little to no data about this broker’s trading platform. It seems as though AJ Capital offers its own web-based software but it surely doesn’t look very promising.

In addition, we couldn’t register here, as the website crashes and stops working every time we make an attempt to sign up. One more red flag that doesn’t speak well about this website’s reliability. All in all, we couldn’t see the trading platform but to be honest we don’t regret it. This broker is shady enough so don’t bother opening an account here at all. Instead, look for a reputable firm that offers the gold-standard MetaTrader 4 or MetaTrader 5.

AJ Capital Trading instruments

According to the website, AJ Capitals offers a small range of assets – forex, stocks and commodities. This poor list certainly can’t impress anyone. Especially knowing what legitimate brokers usually offer – a variety of cryptocurrencies, commodities, indices etc.

AJ Capital Spreads and cost of trading

Again, there’s no information about the spreads this broker provides and that’s yet another worrisome fact. Beware that there could be some quite high and disadvantageous amounts, but also look out for hidden commissions. Of course your best decision would be to quickly boycott investing here and look for a reputable broker instead. Genuine firms usually offer tight spreads around 1 pip, which are not so costly for sure.

AJ Capital Maximum leverage

AJ Capital offers several types of accounts – Basic, Silver, Gold, Platinum and VIP. Take a look at some more details about them down below:

As you see, there’s hardly any data except the leverage amounts and the minimum deposit requirement. What’s more, the leverage volumes seem to be one and the same for all the accounts – 1:100 for forex pairs and precious metals, 1:50 for commodities and 1:20 for stocks. The forex leverage is certainly too risky so even if this broker wasn’t so shady, we still wouldn’t recommend investing here. Not to mention that the leverage in Cyprus is restricted to 1:30 – one more proof that AJ Capital can’t possibly be licensed there.

AJ Capital Deposit and withdrawal methods

This broker doesn’t say anything about the payment methods it accepts. The only thing mentioned on its website is that you can benefit from instant deposit and withdrawal, but that’s it. Beware however that scammers often provide only crypto coins like Bitcoin or Tether in order to prevent you from getting even a cent back. The reason is that crypto transactions are 100% irreversible and anonymous, so be on guard and better avoid this broker.

AJ Capital Minimum deposit

The minimum deposit here is said to be 500 USD and that’s another disappointment. Such an amount is too high and unfavorable. Reputable brokers tend to offer micro accounts for around 10 USD anyway, so better don’t waste your time with AJ Capitals.

AJ Capital Withdrawal requirements

As for the withdrawal requirements of this broker, we are unsure if there are any additional fees and taxes on withdrawals. Just keep in mind that fraudsters usually ask for around 20% fee, as well as a high minimum withdrawal amount – things that can’t possibly be seen with a reputable broker.

In addition, beware that AJ Capital has some tricky and even unfair bonus policy, which states that you have to reach a certain trading volume in order to withdraw even a cent. Take a look:

In short, you have to make a turnover between 35 and 40 times the bonus leverage. This is not only almost impossible to achieve, but it’s also quite tricky as we mentioned. The reason is that you can never tell apart the bonus from your deposited sum, so eventually you won’t be able to withdraw even a red cent.

Avoid this bogus website by all means as it bears all the hallmarks of scam possible!