DAS Capital

Note: DAS's official site - https://www.dascapitals.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

What is DAS Capital？

DAS Capital, officially named Das Capitals Limited, is a forex trading firm with an operational history spanning between 2 to 5 years. The company is registered in Saint Vincent and the Grenadines, a known offshore region, and functions under a non-regulated status, indicating that it doesn't abide by the rules or supervision of any recognized financial regulatory authorities. As a result, potential risks could be associated with any investments made through this company.

The primary contact options provided for customers seeking support are both a phone number (+91 9822290459) and an email address (info@dascapital.com). However, the fact that the official website of the company is currently unavailable raises additional concerns, as it limits access to crucial details about the company's operations, terms and conditions, and updates that are usually found on a company's website.

The registered company address is Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown, Saint Vincent and the Grenadines. This listing suggests that DAS Capital operates from an offshore location, which can further complicate matters concerning legal protections and redress mechanisms for clients.

Pros & Cons

Cons:

• Non-Regulated: DAS Capital operates under a non-regulated status, indicating that it does not abide by the rules and regulations set forth by any recognized financial regulatory authorities. This could potentially imply a higher risk factor for investors as there might not be the standard assurances of fairness, transparency and accountability in the firm's practices.

• Unavailable Official Website: At present, DAS Capital's official website is unavailable. A functioning website is an essential resource for providing transparency and comprehensive information to both existing and potential clients. Its absence limits access to important information about the company's policies, operational details, and updates.

• Bad Customer Reviews: There have been bad reviews from customers, which is certainly a red flag. These negative reviews often serve as real-life testimonials about companies' standards of operation, and, in the case of DAS Capital, seem to highlight some issues with the company's offering.

Is DAS Capital safe or scam？

DAS Capital operates under a non-regulated status, meaning it doesn't abide by the rules or oversight of any recognized and official financial regulatory authorities. This can potentially pose a greater risk factor to investors due to the lack of standard assurances surrounding fair market practices, transparency, and business accountability that are typically enforced by such regulatory bodies.

The absence of an official website for DAS Capital also raises potential flags. A live and updating official website serves as a crucial source of information and transparency for any company, especially brokers. It enables potential and existing clients to access essential details about the broker's operations, terms and conditions, and other necessary disclosures. The unavailability of DAS Capital's official website restricts clients' ability to obtain comprehensive and reliable details about the company's policies, services, and updates. It also makes it more challenging to evaluate the company effectively before and throughout investing.

User Exposure on WikiFX

The exposure of DAS Capital is highlighted by significant customer concerns and allegations about the inability to withdraw their invested funds. Clients have raised claims that the withdrawal process has been made intentionally complicated. Customers reportedly were first asked to pay taxes preceding withdrawal. Subsequently, they were instructed to pay an additional fee, reportedly amounting to 50% of their total profit margin, cited as a penalty for violating unspecified rules.

These practices have raised alarm and led to serious claims of fraudulent behavior. The unusual requirement to pay a large fraction of total profits as punishment for supposed rule violations is particularly concerning and not characteristic of recognized, legitimate brokering standards. Such occurrences have led clients to label DAS Capital as a potential scam operation.

Conclusion

DAS Capital, registered as Das Capitals Limited in Saint Vincent and the Grenadines, is a forex broker with an operation tenure of 2 to 5 years. Despite its relatively short history, concerns have already arisen about its reputation due to its non-regulated status, unavailable official website, and significantly negative customer reviews, particularly regarding the withdrawal process. With allegations of clients being charged fees amounting to half of their profit margin, and the inability to withdraw vested funds, potential investors should approach DAS Capital with high levels of caution and thorough due diligence.

Frequently Asked Questions (FAQs)

Q: Is DAS Capital a regulated broker？

A: No, DAS Capital operates under a non-regulated status, which implies that it is not supervised or licensed by any recognized financial regulatory bodies.

Q: How can I contact DAS Capital's customer support？

A: DAS Capital provides a phone number (+91 9822290459) and an email address (info@dascapital.com) for customer support.

Q: Are there any issues associated with DAS Capital's withdrawal process？

A: Yes, clients have reported issues with the withdrawal process where they were asked to pay considerable fees before being allowed to withdraw their invested money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.