Caplita Review – Beware of This Confirmed Scam Broker

Is Caplita Forex Trading Scam without a License?

We had difficulty finding a Caplita regulation. According to reports, the firm is owned and operated within the European Economic Area under the Caplita name. The license should therefore be with European regulators. After checking the databases of CySEC and BaFin, CONSOB and CNMV, we found nothing.

The name of the firm is completely anonymous. It does not give any information about its owner or which laws they operate under. We were given a vague statement in their Terms and Conditions that the company “operates under the Caplita trademark according to the laws.” It is a mystery.

The European Securities and Markets Authority is a body that operates in the EEA region. Its job is to ensure that all trading companies operate according to uniform rules.

They also issued two directives, MiFID I and MiFID II. These directives required that Forex brokers be transparent with clients and give them all information prior to making an investment. Broker Caplita, as you can see, doesn’t follow these rules and violates the ESMA regime.

Let’s find out who they are and how.

Caplita is an ongoing trading scam. Since 2020, the firm has been offering unregulated financial services and has defrauded thousands. It should be avoided, as negative reviews show.

Caplita Trading Scam Active

Caplita is most active in:

• US
• Netherlands
• Belgium
• Sweden
• Germany

But, no warning has been issued by authorities. The brokerage was active since October 2020, but somehow managed to remain under the radar. We can use your report to help change the situation or warn others about this scammer.

How does this scam company find victims?

You’ve probably been involved in trading frauds. Brokers use Instagram, Facebook and Google Ads to place fraudulent marketing campaigns, waiting for victims. Once you click, the brokerage will have your phone number and email.

Employees can then start selling, convince you to invest and promise everything. They may ask many personal questions and make what appears to be a custom-made offer.

If you agree to pay the initial amount, alleged account managers can contact you via WhatsApp and Telegram and send fake trading signals and false trades from their fictitious clients.

Sometimes you might receive messages or comments from fake LinkedIn or YouTube profiles. Scammers love to create fake LinkedIn profiles to appear to be financial advisors. This is to increase their credibility and to sell the story. You can be smarter than this.

What trading platforms are available? – Trading Software

After reviewing Caplita’s trading platform, however, we were dissuaded. The broker staff cannot help you open a new account. Logging in to an existing account is all you can do via the internet.

The website states that the company offers WebTrader desktop and mobile apps. We were aware that MetaTrader is not a web-based application and we couldn’t see it.

The broker does not offer access to third party platforms like MT4, MT5, and cTrader. These are trusted trading software that is well-respected. Each one of these platforms has advanced trading capabilities and allows for social and robotic trading.

Caplita Mobile Trading app – How can I download it?

The website has a link to download iOS and Android mobile apps. We had the same problem when we downloaded them. Without credentials, the platform was not accessible.

Both apps use browser-based software which means they lack advanced features.

What can I trade with a broker?

This brokerage allows you to invest in six types of trading assets.

• Forex – EUR/USD and GBP/AUD, NOK/SEK
• Commodities – gold, natural gas, corn
• Indices – DJIA, IBEX 35, NIKKEI 225
• Shares Amazon, Alibaba, Inditex
• Cryptocurrencies (Cryptos / Digital Currencies)- BCH, USDC, SHIBA
• Futures – Gold, NASDAQ and FTSE 100

This website information cannot be verified without access to the platform.

Caplita Fees & Spreads

Although there is a subheading that says “no fees and commissions”, if you continue reading you will discover that the firm charges tight spreads. We don’t have the platform or further specifications so we can’t tell what their tightness is. We wouldn’t be surprised if trading costs are quite high, even though we know that this fake firm is fraudulent.

Avoid brokers who aren’t transparent enough or don’t provide everything in writing.

Overview of Trading Accounts: What Are They?

Here are the benefits of upgrading your Caplita trading account

• Beginner – 5,000 EUR, leverage 1:10, no trading signals
• Trader – 10,000 EUR, leverage 1:20, limited positions
• Expert – 25,000 EUR, leverage 1:30, unlimited positions
• VIP – 50,000 EUR, leverage 1:40, trading signals.

It is unreasonable to expect new traders to make Caplita’s minimum deposit, 5,000 EUR. Many legitimate firms allow you to begin with $10 and feel comfortable before you make a larger deposit.

Caplita Demo Account – Can I Trade For Free?

We don’t have access the Caplita Demo account because our account creation failed. You should be aware that this broker is fraudulent, regardless of whether there is one. They will make promises to make more money, but they are a scam.

When you withdraw your profits and deposit real money, you’ll realize that you were a victim of fraud.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Caplita: Video

Below you will find a short video about Caplita. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Caplita!