Capital Hub Review – The Real Truth About capital-hub.io Scam

Rating
Broker status Unregulated Forex Broker
Regulated by Not regulated
Scammers Websites capital-hub.io
Blacklisted as a Scam by No Info
Owned by No Info
Headquarters Country OSC (Canada)
Foundation year 2023
Supported Platforms Web Trader
Minimum Deposit $250
Cryptocurrencies Forex / Crypto / Indices / Commodities / Stocks
Types of Assets Available – ADA, BCH, BNB, DOT, ETH
Maximum Leverage 1:500
Free Demo Account No

What is Capital Hub?

Capital Hub positions itself as a global online brokerage firm that offers its client base access to a wide range of over 500 trading instruments. The company’s website highlights professionalism and reliability as core values. The broker strives to foster enduring relationships with its clients, as stated on the CapitalHub website.

Is Capital Hub Legit or Scam?

The website only offers a standard feedback form and an email address in its available section. There are no other substantial or specific provisions provided. It has never obtained licenses from reputable financial regulators such as the FCA, CONSOB, CNMV, FSMA, BaFin, and ASI.

Capital Hub: Account Types

The packages and their prices at Capital Hub are as follows:

  • Standard – $250
  • Silver – $2,500
  • Gold – $10,000
  • VIP – $50,000

CapitalHub scam

The broker offers a fairly high leverage. Although many regulators have set a limit, for example, in the UK the leverage limit is set at 1:30 maximum.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

What Warnings Are Issued by the Financial Authorities for Capital Hub?

While the broker claims its legality, the website lacks information regarding the company’s legal registration, regulators, and licenses.

But on our first inspection, we came across a warning from the Canadian regulator CSA.
CapitalHub scam

The regulator warns that the broker does not have permission to perdose financial services, even though the broker does.
Capital Hub lacks the necessary licensing to operate as a legitimate company in Canada, leading to a public warning and blacklisting.

Analysis of The Domain capital-hub.io

The domain has an extremely low rating on Scamadviser – only 3 out of 100.
The following factors contribute to the low evaluation of this website:

  1. The owner of the website is utilizing a service to conceal their identity on WHOIS.
  2. According to Tranco, this site has a low rank.
  3. The registrar associated with this website has a high percentage of spammers and fraudulent sites.
  4. The website has received both positive and negative reviews.
  5. The website is relatively new, indicating limited establishment and track record.

Particular attention should be paid to the date of registration of the domain – 2023-01-23.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

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Trader Reviews

When evaluating the quality and reliability of the CapitalHub platform, it is important to consider the reviews of the company. These reviews often highlight the ineffectiveness of the project, its poor quality, and the negligent approach of its representatives towards user requests. Traders also express frustration with the company’s overall inefficiency, as it hinders their ability to generate appropriate profits. Despite the young age of the site, there has already been a comment on Traspilot, and it is negative. There are also negative reviews of traders on other independent forums. Here is one of them:

Please stay away from this Capital Trading Hub they will trade against your account you will never win or profit. I lost roughly $500 in one day and I remember its name forever.

2023-03-01 04:34

What Steps Should I Take If I Fall Victim to the Capital Hub?

We understand your concern and distress. The detrimental effects of scams can significantly impact individuals’ financial stability. It’s crucial to take proactive measures to prevent the fraudster from profiting from your loss and to strive to recover your misappropriated funds. We recommend contacting us as soon as possible for effective assistance.

Our committed teams of legal experts are ready and willing to assist individuals in your situation. You can reach out to us at any hour, and we’ll utilize our resources to listen to your concerns and offer expert advice.

FAQ

  • Are my funds safe with Capital Hub?

    Given that this website does not adhere to any legal guidelines regarding fund safety and secure trading, Capital Hub is not a reliable brokerage site.

  • Does Capital Hub offer a demo account?

    Although it may initially appear that Capital Hub offers a demo account, once you sign up, you are unable to trade or perform any activities until you deposit real money. Therefore, Capital Hub does not provide a demo account.

  • Is Capital Hub legitimate or fraudulent?

    Capital Hub is considered a fraudulent brokerage company that has recently entered the Forex community. It has already been blacklisted by the Canadian regulator, so it is advisable to avoid them.

  • Capital Hub Minimum Deposit

    $250

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