Caldwells Capitals review – 5 things you should know about caldwells-capital.com

Beware! Caldwells Capitals is an offshore broker! Your investment may be at risk.

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Caldwells Capitals presents itself as a smart way to invest in financial markets. But fact checking reveals that this website is not a legitimate forex broker at all. Let’s take a detailed look at why it’s advisable to stay away from Caldwells Capitals and how you could find a trustworthy investment intermediary.

Caldwells Capitals Regulation and safety of funds

If a financial services provider is legitimate, you will find on its website clear and detailed information about the company that owns and operates it, where it is based, and what licences it has. Genuine brokers also provide access to a comprehensive set of legal documentation. The availability of such information does not guarantee that it is not false or misleading. But the absence of these elements is very indicative that in all likelihood you are dealing with scammers.

Caldwells Capitals makes this judgement easy because it is completely anonymous. Nowhere is a company name or regulatory licence details given.

The website claims that this broker has offices in the US and Canada:

But the Terms and Conditions list Estonia as the applicable jurisdiction:

Anonymous websites could not offer financial services in regulated jurisdictions. A check of the databases of the relevant financial regulators confirms that there is no licensed broker using the Caldwells Capitals  trade name and domain.

The financial authorities in Russia have noticed the fraudulent activities of Caldwells Capitals  and have issued a warning to investors that this website is not authorised.

If you intend to invest in financial instruments, you should beware of the many fake brokers lurking online. Always check carefully whether the broker you choose really has the necessary licences. There are numerous benefits to working with a company that is truly authorised and supervised by a regulatory institution such as the Commodity Futures Trading Commission (CFTC) in the US, Australian Securities and Exchanges Commission (ASIC), UK’s Financial Conduct Authority (FCA) or some EU regulator like Cyprus Securities and Exchange Commission (CySEC).

Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.  In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK.

Caldwells Capitals Trading software

On the homepage of the website we see illustrative images of trading platforms, but after registering an account it becomes clear that Caldwells Capitals does not have such software. This supposed broker cannot actually facilitate trading in financial instruments.

Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Caldwells Capitals Trading instruments

As has been demonstrated, Caldwells Capitals has neither the legal authorization nor the software necessary to offer trading in financial instruments.

Caldwells Capitals advertises copy trading. For legitimate brokers, this service allows you to copy the trades of more experienced investors. With scams like Caldwells Capitals, it’s a way to fool you into thinking your money is really invested in the financial markets.

Caldwells Capitals Spreads and cost of trading

When you visit the website of a legitimate broker you will find proposals for different types of trading accounts suitable for investors with different preferences, as well as detailed descriptions of trading parameters – minimum deposit, order execution method, tradable financial instruments, leverage, spread, swap, commissions, etc. The Caldwells Capitals account descriptions lack such information and instead include unexplained parameters without context.

Caldwells Capitals Maximum leverage

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

Caldwells Capitals Deposit and withdrawal methods

Like most financial scams nowadays, Caldwells Capitals  uses only cryptocurrencies. Scammers prefer cryptocurrencies because these transactions are not subject to refunds.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller. If you’re interested in legitimate brokers that accept digital currency payments alongside conventional methods, check out this list.

Caldwells Capitals Minimum deposit

Caldwells Capitals requires a very high minimum investment of 3,000 USD. Real forex brokers allow you to open a starter trading account with a much lower minimum deposit.

Caldwells Capitals Withdrawal requirements

Caldwells Capitals does not specify extraordinary conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.