Is CyberCapital Ltd Legit or Scam?
The evidence overwhelmingly points towards CyberCapital Ltd being a scam. Several red flags paint a concerning picture, including:
- No regulatory oversight: This broker lacks licenses from any reputable financial authority, raising serious concerns about transparency and security.
- Suspicious ownership: Information about the company’s owners and operators is shrouded in secrecy, further fueling doubts.
- Blacklisted by regulators: The Bank of Lithuania (LB) has explicitly blacklisted Cyber Capital Ltd as an illegitimate platform.
- Questionable reviews: The firm has allegedly purchased fake positive reviews, while genuine users report negative experiences.
- Preying on newcomers: The broker targets inexperienced investors with enticing promises and boiler room tactics.
- Malicious software: The provided trading platform download is flagged as malware, posing a security risk.
- Unclear fees: The advertised “no commissions” and “low spreads” contradict legal documents revealing hidden charges and high leverage.
- Withdrawal difficulties: Ex-clients report struggling to withdraw funds, with the company reportedly cutting off communication.
Company Overview
Broker status: | Unregulated Broker |
Regulated by: | Unlicensed |
Operating Status: | Active Online Trading Sham |
Known Websites: | |
Blacklisted as a Scam by: | The Bank of Lithuania |
Owner: | N/A |
Headquarters Country: | N/A |
Foundation Year: | 2023-03-21 |
Online Trading Platforms: | None |
Mobile Trading: | No |
Minimum Deposit: | $500 |
Deposit Bonus: | No |
CFD Trading Option: | Yes |
Crypto Asset Trading: | Yes – BTC, ETH, LTC, XRP |
Available Trading Instruments: | Forex, Crypto, Indices, CFDs on Commodities |
Maximum Leverage: | 1:200 |
Islamic Account: | No |
Free Demo Account: | No |
Accepts US clients: | Yes |
Our Experts’ Verdict: | Keep away from these experienced scammers! |
Services or Products
CyberCapital Ltd claims to offer various financial instruments, but the actual product details and trading conditions remain unclear. It’s crucial to remember that any trading activity on this platform is likely fraudulent.
If you have lost money to companies like AEX, or Ultra-vest; please report it to us on our Report a Scam form.
Trading Platform & Leverages
The advertised MetaTrader platform doesn’t exist. Instead, downloading their “platform” leads to malware installation. Offered leverage is a dangerous 1:200, exceeding regulations for most regions.
Spreads and Cost of Trading
Advertised “low spreads” and “no commissions” are misleading. Legal documents reveal hidden fees and a trading tax per trade, with the exact amount undisclosed.
License and Regulations
Critical Warning: CyberCapital Ltd operates without any valid regulatory oversight. This lack of licensing raises significant concerns about transparency, security, and fair dealing. Avoid this broker at all costs.
Deposit and Withdrawal Methods
Deposit methods are unclear, while withdrawals seem impossible. Ex-clients report facing difficulties and radio silence from the company after requesting funds.
CyberCapital Ltd Pros and Cons
Pros | Cons |
None | Unregulated, blacklisted, suspicious ownership, fake reviews, malware, unclear fees, withdrawal issues |
Why Dealing With An Unlicensed Broker Is Risky
Unlicensed brokers like CyberCapital Ltd operate outside legal frameworks, putting your funds and personal information at significant risk. They lack accountability and are not bound by regulations designed to protect investors. Engaging with them exposes you to potential fraud, unfair practices, and difficulty recovering losses.
Client Feedback
Client feedback paints a grim picture. Users report negative experiences, including difficulties withdrawing funds, unresponsive customer support, and misleading marketing tactics.
How Can “Reviewsadvice” Help You If You Get Scammed?
If you suspect you’ve been scammed by CyberCapital Ltd, seek help immediately. Do not attempt to recover funds yourself. Consider contacting us to get a free consultation and recovery service recommendations to help you recover the lost funds or You Can report to us today by the below form.
File A Complaint Against Scammers
Final Thought
CyberCapital Ltd exhibits numerous red flags characteristic of a scam broker. Avoid this platform entirely to protect your finances and personal information. Remember, investing with an unlicensed broker is inherently risky and can lead to significant losses. Choose regulated and reputable brokers to ensure your safety and a fair trading experience.
