Beware - Possible Scam
Brokerswatch is warning all traders about investing with DonauCapital!
DonauCapital is not regulated by a globally recognized and reputable financial regulator and appears to be a scam operation. By using DonauCapital services you are risking losing your funds.
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.
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In accordance with the provisions of Article 17(2) of the Spanish Securities Market Act (Recast Text approved by Spanish Royal Legislative Decree 4/2015, of 23 October), the Spanish National Securities Market Commission, hereby warns that:
www.donaucapital.es
- is not related to DONAUCAPITAL WERTPAPIER GMBH (www.donaucapital.de), which is duly registered with the CNMV under number 4.156, as a European Economic Area Investment Firm operating under the Freedom to Provide Services regime in Spain.
- is not authorised to provide the investment services detailed in Article 140 of the Spanish Securities Markets Act, which include investment advice, nor to provide the auxiliary services detailed in Article 141(a), (b), (d), (f) and (g) of said Act in relation to the financial instruments detailed in Article 2 of said Act, including, for those purposes, foreign currency transactions.