The Spain CNMV Warns that Capital Group80 is a Clone On 17 Jan 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Capital Group80 was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=WWW.CAPITAL80.COM
Capital Group80
VisitRisk Level - High
Capital Group80
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that Capital Group80 is an Unregulated Forex Broker Capital Group80 claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, according to its website, the company's offices are located in Cyprus and the UK. So we searched Cyprus Securities and Exchange Commission (CySEC) and the United Kingdom Financial Conduct Authority (UK FCA) but found no matching result. That means the broker is not authorized by the regulators to provide financial services.Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Capital Group80 was a clone, and not authorised to provide the investment services in Spain.The truth is that Capital Group80 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.
BrokersView has identified that Capital Group80's website is currently offline BrokersView found that the domain "https://www.capital80.com/index.php?route=common/home" 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.
Is this a reliable platform? Capital Group80 is not a licensed or regulated broker even though it states offers that look good to be true. Capital Group80 claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, according to its website, the company's offices are located in Cyprus and the United Kingdom. As per relevant law, this broker should be authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the United Kingdom Financial Conduct Authority (FCA). But we did not find any match results for this broker in the above two watchdogs' registries. Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Capital Group80 was a clone firm, and not authorized to provide investment services in Spain. You can check the full warning from here.The truth is, Capital Group80 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 Group80 and trade with licensed brokers. View Source
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