The UK FCA Added BETTER CAPITAL into Its Warnings On 13 Apr 2022, the FCA issued a warning that BETTER CAPITAL has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/bcfxtradingnet
BETTER CAPITAL
VisitRisk Level - High
BETTER CAPITAL
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that BETTER CAPITAL is an Unregulated Forex Broker BETTER CAPITAL claims it is headquartered in London, United Kingdom and it is registered in the Companies House of United Kingdom (CH) with registration number: 13080751. However, searching the registration number in CH, we found it belongs to a dissolved company named "GLOBALTRADEX LTD". Besides, BETTER CAPITAL claims all of its transactions are processed via LX Global Services Ltd, a registered company under the registration number: 11975430. When we searched the registration number in CH, we found it belongs to another dissolved company named "BITLES LIMITED". We can't tell whether BETTER CAPITAL has a connection with the above two companies since CH does not provide domains of the two companies. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. We did searching in FCA but only found this firm had already been blacklisted by FCA for providing financial services without authorization. That means BETTER CAPITAL is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
BrokersView has identified that BETTER CAPITAL's website is currently offline BrokersView found that the domain "bcfxtrading.net" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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