The BaFin issued a warning against Double Capitals On 21 November 2023, the Federal Financial Supervisory Authority (BaFin) issued a warning that Double Capitals was providing financial services or products without authorisation. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_11_15_doublecapitals_en.html

BrokersView has Reviewed that Double Capitals is an Unregulated Broker According to its website, it claimed that it was regulated and provided a link marked "Regulation" to guide investors to visit. However, after clicking on the link, it was found that the webpage was invalid, so there was no regulatory information for inquiry.In addition, the Federal Financial Supervisory Authority (BaFin) issued a warning that Double Capitals was providing financial services or products without authorisation.The truth is that Double Capitals is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Double Capitals is a scam.

How long it takes to process withdrawal request in Double Capitals? We strongly advise against engaging with Double Capitals. This unlicensed trading platform poses significant risks to investors.Double Capitals does not provide information about its regulatory status, which significantly undermines its transparency and raises concerns about its credibility. Moreover, the Federal Financial Supervisory Authority (BaFin), the German financial regulator, has investigated this website and confirmed that it was providing investment or financial services in Germany without the necessary authorization. As a result, BaFin issued a warning against Double Capitals to highlight the risks involved.Trading with Double Capitals could expose investors to risks such as fraud and identity theft, which could harm them both financially and personally. To protect their interests, traders are advised to avoid such unlicensed brokers and instead opt for those that are fully regulated and have solid reputations. View Source

Does Double Capitals offer any educational resources? We strongly advise against placing trust in Double Capitals, an unregulated broker.Currently, its domain name oddly redirects investors to a login page presented in Russian. According to our records, the broker previously provided an invalid link labeled "Regulation" to appear legitimate and enhance its website. This practice is fraudulent. Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning against Double Capitals, emphasizing that it was offering financial services or products without proper authorization.Given these circumstances, Double Capitals, operating in an unregulated environment, presents an increased risk of fraud and identity theft. To safeguard their funds from potential fraud, we highly recommend that investors choose fully regulated brokers instead of unregulated ones like Double Capitals. View Source

Double Capitals cannot withdraw funds! Double Capitals is a scam of sorts, no way to withdraw money View Source