The OSC issued a warning against CapitalHub On May 18, 2023, the Ontario Securities Commission (OSC) issued a warning against CapitalHub, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/capitalhub
CapitalHub
VisitRisk Level - High
CapitalHub
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that CapitalHub is an unregulated broker CapitalHub fails to provide regulatory information and licensing data, a clear scam indicator suggesting that it is not supervised by any regulatory body. It is typical for legitimate brokers to prominently display their accreditation and licenses, whereas CapitalHub doesn't offer such information. In addition, the Ontario Securities Commission (OSC) has issued a warning against this broker, stating that it is not registered in Ontario to engage in the business of trading in securities.In essence, CapitalHub is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
The UK FCA issued a warning against CapitalHub On June 28, 2023, the Financial Conduct Authority (FCA) issued a warning against CapitalHub, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/capitalhub
The UK FCA issued a warning against CapitalHub On 7 November 2023, The Financial Conduct Authority (FCA) added domain name used by this scam, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/capitalhub-capital-hubio-capital-hubpro
CapitalHub does not allow me to withdraw. Is this a scam? CapitalHub is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.CapitalHub fails to provide regulatory information and licensing data, a clear scam indicator suggesting that it is not supervised by any regulatory body. It is typical for legitimate brokers to prominently display their accreditation and licenses, whereas CapitalHub doesn't offer such information. In addition, the Ontario Securities Commission (OSC) has issued a warning against this broker, stating that it is not registered in Ontario to engage in the business of trading in securities.Regarding your question, stopping you from withdrawing money is a common sign suggesting potential issues with a broker's reliability. Taking CapitalHub's failure to disclose regulatory information and the warning they received into account, it is a scam. We strongly suggest you stop sending money to this broker no matter which excuses they use, or you may fall victim to the withdrawal scam cooked by them. To avoid such risks, investors are advised not to deal with unlicensed brokers like CapitalHub and use fully regulated ones only. View Source
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