Capital Vision FX review – 5 things you should know about capitalvisionfx.com

Beware! Capital Vision FX 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.

Capital Vision FX, or Capital Vision FX Investment, presents itself as a market leading broker. But since we hadn’t heard of this brand, we did a fact check. This check revealed that this website is actually a low-effort scam targeting people without enough experience and knowledge about financial trading. In this review, we’ll show you how to tell the fake brokers from the genuine ones.

Capital Vision FX 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.

Capital Vision FX  does not disclose who is behind the website. The links to the Terms and Conditions and Privacy Policy on the website are empty. If you don’t know exactly who you are dealing with and what the terms of the deal are it would be an obvious mistake to put your money on the line.

An office address in the United States is provided:

But the website claims some sort of UK licence:

A check of the databases of the relevant financial regulators shows that in both jurisdictions there is no licensed broker using the Capital Vision FX trade name and domain.

Financial authorities in the Canadian province of Quebec have issued a warning to investors that Capital Vision FX 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 UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Commodity Futures Trading Commission (CFTC) in US or Australian Securities and Exchanges Commission (ASIC). 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. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States.

Capital Vision FX Trading software

Capital Vision FX  does not have any trading software. In the dashboard of the website we only see a chart with current bitcoin prices, which has no trading functionality. This alleged broker does not have the technological capacity to provide the services it claims.

If you use the services of a licensed broker, you will get the opportunity to use established software with advanced features and versions for all types of devices and operating systems. The most widely used trading platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Capital Vision FX Trading instruments

Capital Vision FX has neither the legal authorisation nor the software necessary to facilitate trading in financial instruments. There is no good reason to trust your money to this shady website.

Capital Vision FX Spreads and cost of trading

Legitimate forex brokers offer a variety of trading account types tailored to the needs of clients with different capital and investment intentions. These brokers also provide clear and detailed information on trading parameters – leverage, spread, commissions, order execution method, etc. Instead, Capital Vision FX offers investment plans promising guaranteed returns.

A genuine broker will not and cannot promise you guaranteed profits. In fact, licensed companies are obliged by regulators to warn their clients about the high risk of losses when trading financial instruments.

Capital Vision FX 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.

Capital Vision FX Deposit and withdrawal methods

We weren’t at all surprised that the only payment method accepted by Capital Vision FX is Bitcoin. Cryptocurrencies are the payment method of choice for most financial scammers. The reason for this is that on the one hand cryptocurrencies provide a degree of anonymity and on the other hand they do not allow the defrauded person to ask for a refund.

While there are some legitimate brokers that accept digital currencies like Bitcoin, they do so alongside other transparent payment methods such as credit/debit card, bank transfer or popular e-wallets like PayPal, Neteller or Skrill.

Capital Vision FX Minimum deposit

Capital Vision FX requires a minimum investment of 500 USD. You should know that for 50 USD or as little as 5 USD you could open an account with a reputable and fully licensed forex broker.

Capital Vision FX Withdrawal requirements

Since Capital Vision FX does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.