The Belgium FSMA Added Capital Whale into Its Warnings On 23 Nov 2022, the Belgian Financial Services and Markets Authority (FSMA) identified that Capital Whale was a fraudulent online trading platform. You may visit: https://www.fsma.be/en/warnings/fsma-identifies-new-fraudulent-online-trading-platforms-3

BrokersView has Reviewed that Capital Whale is an Unregulated Currency Broker Capital Whale 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. According to its website, the broker is located in Cyprus. However, we did not find any matching results in Cyprus Securities and Exchange Commission (CySEC). That means the broker is not authorized by CySEC to provide financial services. Moreover, the Belgian Financial Services and Markets Authority (FSMA) identified that Capital Whale was a fraudulent online trading platform.The truth is that Capital Whale 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.