Score

1.18 /10
Danger

FCapital24

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index4.48

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

FCapital24

Company Abbreviation

FCapital24

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FCapital24 · Company summary
Feature Information
Company Name FCapital24
Registered Country/Area China
Founded Year Within 1 year
Regulation Unregulated
Customer Support Email at support@fcapital24.de.

What is FCapital24?

FCapital24 is a website that has been linked to online trading scams. There are warnings that it might be involved in illegal financial activities and could steal your money or personal information. They have been reported to contact people through messaging apps like WhatsApp and then call them using international phone numbers. It is recommended that you avoid doing business with them.

Additionally, BaFin issued warnings on 4 December 2023 and 26 February 2024 regarding the identical websites fcapital24.com and fcapital24.eu.

Regulatory Status

FCapital24 is completely unregulated. The German financial regulator, BaFin, has specifically issued warnings about FCapital24 on multiple occasions (December 2023 and February 2024). BaFin suspects FCapital24 of offering financial services without the necessary authorization. This means they likely don't have the licenses required to operate legally.

Pros & Cons

Pros Cons
N/A Unregulated
Scam risk
Contact via messaging apps

Pros:

N/A

Cons:

  • Unregulated: FCapital24 lacks any regulatory licenses from financial authorities. This means they operate outside the oversight and consumer protections that safeguard users with legitimate financial institutions.

  • Scam Risk: There's a high probability that FCapital24 is a scam. Accusations point towards them using deceptive tactics to lure potential customers into investments.

  • Contact via Messaging Apps: FCapital24 reportedly uses messaging apps like WhatsApp to reach potential customers. This approach is a common tactic employed by scammers for easier manipulation.

Customer Service

FCapital24 offers customer support via email at support@fcapital24.de

Conclusion

FCapital24 is a website with all the hallmarks of an online trading scam. They are unregulated by any financial authority, raising serious concerns about their legitimacy and the safety of your money. Additionally, they use messaging apps and international phone numbers to contact potential customers, tactics commonly used by scammers. While they do offer customer support via email, avoiding any interaction with FCapital24 is the safest course of action.

Frequently Asked Questions (FAQs)

Question: Is FCapital24 safe to use?

Answer: No, FCapital24 is not recommended. They lack regulatory oversight, which means your money and personal information is not protected.

Question: Are there any warnings about FCapital24?

Answer: Yes, the German financial regulator, BaFin, has issued warnings about FCapital24 on multiple occasions, suspecting they offer financial services without proper authorization.

News

ExposureItaly's CONSOB warned against FCapital24

Italy's CONSOB has issued a warning against FCApital24, advising investors to be cautious. The regulatory authority highlighted concerns regarding the company's operations and urged the public to refrain from engaging in any financial activities with FCApital24.

WikiFX
2024-05-02 20:08
Italy's CONSOB warned against FCapital24

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