The Italy CONSOB Added Capital Base into Its Warnings On 9 Dec 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Capital Base was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob/dettaglio-news/-/asset_publisher/hZ774IBO5XPe/content/press-release-of-9-december-2022/718268

BrokersView has Reviewed that Capital Base is an Unregulated Forex Broker Capital Base claims to be owned by Evolve Consulting LLC, a company registered in Saint Vincent and the Grenadines, No. 2352LLC2022. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Capital Base was not authorized to provide financial services in Italy. The truth is that Capital Base is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

The Italian Regulator CONSOB Ordered Capital Base to be Blacked out The Commissione Nazionale per le Società e la Borsa (CONSOB) ordered Capital Base to be blacked out on 2nd March 2023, which offers financial services or financial products illegally: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-2-march-2023/718268

BrokersView has identified that Capital Base's website is currently offline BrokersView found that the domain "https://capitalbase.io/;https://capitalbiz.ltd;https://webtrader.c-base.co" are 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.

Is scalping allowed here? Capital Base is not a licensed or regulated broker even though it states offers that look good to be true.Capital Base claims to be owned by Evolve Consulting LLC, a company registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with number 2352LLC2022. We indeed found a match result in SVG FSA. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Capital Base was not authorized to provide financial services. You can check the full warning from here. The truth is, Capital Base is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Capital Base and trade with licensed brokers. View Source