DeCapitals review: Is this Unlicensed Crypto Broker?

Is DeCapitals Legit or Scam?

The verdict is clear: DeCapitals is a scam. This unregulated, offshore broker raises numerous red flags, making it a risky and potentially disastrous choice for any investor.

DeCapitals, with its promises of high returns and over 200 CFDs, might seem like an enticing trading opportunity. However, upon closer inspection, red flags begin to emerge, painting a picture of a shady and potentially fraudulent operation.

Company Overview

Services or Products:

DeCapitals claims to offer CFDs on over 200 assets, but no list is provided. Cryptocurrency trading seems to be their main focus, with limited options like BTC, LTC, and ETH.

If you have lost money to companies like HeroFX, or Universy Invest; please report it to us on our Report a Scam form.

Trading Platform & Leverages:

Crucially, DeCapitals fails to disclose the platform they use or the available leverage options. This lack of transparency further strengthens the case against their legitimacy.

Spreads and Cost of Trading:

DeCapitals keeps trading fees and spreads hidden, leaving potential investors completely in the dark about the true cost of trading.

License and Regulations:

DeCapitals operates without any regulatory oversight. This means they are not accountable to any financial authority and can operate with impunity, putting your funds at significant risk.

Legal Warning Against DeCapitals:

Do not invest with DeCapitals. Their lack of regulation, unclear terms, and hidden fees are clear signs of a scam. Be wary of their social media advertising and enticing promises of high returns.

Deposit and Withdrawal Methods:

DeCapitals advertises withdrawals via debit/credit cards, bank transfers, and Bitcoin. However, reviews suggest numerous withdrawal issues, including hidden fees, long processing times, and even denied requests.

DeCapitals Pros and Cons

Why Dealing With An Unlicensed Broker Is Risky:

Investing with an unlicensed broker like DeCapitals exposes you to numerous risks:

• No Protection: Without regulatory oversight, you have no legal recourse if things go wrong.
• Fund Security Threats: Your funds are not protected, and there’s a high risk of them being stolen.
• Market Manipulation: Unregulated brokers can manipulate markets to your disadvantage.
• Hidden Fees and Scams: You’re likely to be hit with unexpected charges and unfair trading conditions.

Client Feedback:

Reviews on DeCapitals are mixed, with some claiming positive experiences and others reporting significant losses and withdrawal problems. However, considering the lack of regulation and red flags, it’s wise to prioritize negative feedback and steer clear.

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

While we cannot guarantee results, “Reviewsadvice” offers resources to help potential victims of scams:

• Free Consultations: We connect you with experts to analyze your case and explore recovery options.
• Chargeback Assistance: We guide you through the chargeback process to attempt to reclaim your lost funds.
• Recovery service recommendations: We provide the right recovery service recommendations to help you recover the lost funds or You Can report to us today by the below form.