BrokersView has found that Capta Trade is an unregulated broker Capta Trade does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Until verifiable evidence of legitimate authorization is provided, we assess Capta Trade as a likely unlicensed broker and advise extreme caution.
Capta Trade
VisitRisk Level - High
Capta Trade
Risk Level - High
Scam Evidence & Warnings
How do they charge for wire transfer deposit? Dear Investor, We do not recommend trading with Capta Trade due to a lack of valid regulatory proof. The broker claims to be licensed to provide trading services issued by the Government of Saint Lucia. However, although we did locate a seemingly related company, Capta Trade Limited, in the local Saint Lucia International Financial Centre (IFC) registry, please be advised that this does not signify a valid broker license. It merely indicates its incorporation as an International Business Company (IBC). The Saint Lucia IFC has publicly stated that Saint Lucia does not regulate forex trading, nor does it issue licenses to forex brokers. Therefore, the broker's claims are misleading, and it is highly likely that it operates without any actual regulatory authorization. We strongly advise you to avoid engaging in any transactions with such a broker to protect your financial security. View Source
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