AFM warns against Capitals Trade FX

AFM warns against Capitals Trade FX

The Dutch Authority for the Financial Markets (AFM) warns against Capitals Trade FX. The company is suspect as a scam.

According to AFM, Capitals Trade FX has approached persons without being asked to offer them investment proposals.

The AFM confirms that Capitals Trade FX does not have an AFM licence or any European Passport.

Unauthorised Firm Details

Name: Capitals Trade FX
Email: support@capitalstradefx.com
Website:  https://capitalstradefx.com

How To Protect Yourself From Scams

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.