All Capital Trade Review: Is It Legit or Scam Broker?

Here’s a breakdown of why All Capital Trade raises major red flags:

• Unlicensed Operation: The BCSC warning highlights All Capital Trade’s lack of registration to trade or advise on securities in British Columbia. This absence of license extends potentially to other jurisdictions as well.
• Unverified Information: Their website may make claims about services, features, or regulations. However, without independent verification from a legitimate source, this information is unreliable.
• Negative Client Reviews: Complaints online point to difficulties withdrawing funds, unprofessional communication, and aggressive sales tactics – all hallmarks of a scam.

The online investment landscape can be a treacherous one, filled with both legitimate brokers and deceptive scams. Before diving in, thorough research is crucial. This review exposes the glaring red flags surrounding All Capital Trade, a broker recently flagged by the British Columbia Securities Commission (BCSC) for operating illegally.

Company Overview

Services or Products

The specific services offered by All Capital Trade are difficult to confirm due to a lack of transparency. However, common offerings among scam brokers include:

• Forex Trading: Trading currencies.
• CFDs (Contracts for Difference): Speculating on price movements of assets without owning them directly.

If you have lost money to companies like TradeCryptoMasters; or Brook Dawson; please report it to us on our report a scam form.

Trading Platform & Leverages

Information on the trading platform used by All Capital Trade is scarce. Legitimate brokers offer established, reputable platforms, while scam brokers may use proprietary, non-standard platforms.

Leverage details are also likely to be unclear. High leverage can amplify profits but also magnify losses, and responsible brokers will clearly explain the risks involved. Scam brokers may push high leverage to encourage higher deposits.

Spreads and Cost of Trading

Similar to the above points, there’s likely a lack of transparent information on spreads (the difference between the buy and sell price of an asset) and other trading costs.

License and Regulations

Legal Warning Against All Capital Trade

The key red flag here is the BCSC’s warning. A legitimate broker would be registered with a recognized financial authority, such as the FCA in the UK or the SEC in the US. The absence of such registration should be a major deterrent for any potential investor.

Deposit and Withdrawal Methods

Details on deposit and withdrawal methods are also likely to be unclear. Scam brokers may make deposits easy but raise difficulties when clients try to withdraw funds.

All Capital Trade Pros and Cons

Why Dealing With An Unlicensed Broker Is Risky

Unlicensed brokers operate outside the regulations that protect investors. This exposes traders to significant risks, such as:

• Loss of Funds: There’s no guarantee you’ll ever see your deposited money again.
• Manipulation: Unregulated brokers can manipulate trading prices to benefit themselves.
• No Dispute Resolution: If you encounter problems, there’s no regulatory body to help resolve them.

Client Feedback

Reviews from past clients of All Capital Trade paint a bleak picture, highlighting issues like:

• Difficulty withdrawing funds
• Aggressive sales tactics
• Unprofessional communication

How Can “Reviewsadvice” Help You If You Get Scammed?

Unfortunately, recovering funds lost to a scam broker is often challenging. We recommend:

• Reporting the Scam: Notify your local financial regulator and the Canadian Anti-Fraud Centre (if applicable).
• Seeking Legal Advice: Consult a lawyer specializing in financial fraud to explore potential options.

Remember: Prevention is always better than cure. Do your due diligence before investing with any broker or You can report to us today using the form below.