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Capitallabs Ltd

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Risk Level - High

Scam Evidence & Warnings

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The FCA issues a warning about Capitallabs Ltd On September 13, 2024, the Financial Conduct Authority (FCA) issued a warning against Capitallabs Ltd, identifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/capitallabs-ltd-https-capitallabsnet

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BrokersView has reviewed that Capitallabs Ltd is an unregulated broker According to its website, it provides a Companies House (CH) certificate on the webpage. Still, to obtain the right to exercise foreign exchange in the UK, it must be approved by the Financial Conduct Authority (FCA). The CH certificate only means that the company is registered and does not grant its foreign exchange rights. However, the UK's Financial Conduct Authority (FCA) has warned about Capitallabs Ltd, identifying it as an unauthorized firm and alerting investors to the potential scam.In essence, Capitallabs Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Capitallabs Ltd appears to be a scam.

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BrokersView has identified that Capitallabs Ltd's website is currently offline BrokersView found that the domain "https://ww1.capitallabs.org/" 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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Is Capitallabs Ltd legit? Dear Investor,Thank you for reaching out. We believe that Capitallabs Ltd is a scam.Capitallabs Ltd claims to be registered with Companies House (CH). However, this registration alone does not validate its legitimacy in providing financial services or products.The Financial Conduct Authority (FCA) of the UK has issued a warning about Capitallabs Ltd for operating without the required authorization.Given these factors, we strongly advise against using Capitallabs Ltd. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers. View Source

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