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AllCapitalInc Review | The Best Service or a Scam?

by Kevin Berry
Rating: 
  1.3/5   Reviews: 4
AllCapitalInc - logo

Yet another broker from the UK offers what they claim to be the best service, different from all others, for traders. Meet AllCapitalInc, a brokerage firm with headquarters in London. However, it cannot confirm the presence of an office in this country, as there are no legal documents. Furthermore, the creators clearly did not study geography, as they indicate the place of registration in Ireland, but the address is in London. In addition, nothing is said about licenses, but the company claims to have been operating for over 8 years and has 7 million clients. However, the total absence of reviews on the internet contradicts this. Well, it smells strongly of a scam.

Highlights

🏛️ Country United Kingdom
⚠️ Regulation
🖥️ Website https://allcapitalinc.com/
🎲 Demo Account No
⏳ Start Time 2023
💲 Minimum Deposit
⚖️ Minimum and Maximum Leverage 1:400
⚙️ Trading Platform WebTrader
📨 E-mail support@allcapitalinc.com
📞 Phone +44 161 527 4558

First Impression of Allcapitalinc.com

By default, the site is in English, but it can be switched to Russian. This is the only option, so it’s not hard to guess which region the firm is targeting. AllCapitalInc acquaints us with some facts about its activity, for example, it claims to have 8+ years of experience, 29 investment partners, 7 million users, and 7 million successful trades. However, there is no proof, and the names of partners are not listed.

AllCapitalInc - site

AllCapitalInc often uses motivational phrases like “take action”, “be genuine”, or “invest in growth”. It looks quite funny and amusing. At the top of the site, there is a standard panel with information about the company’s conditions and activities.

The official website cannot be positively assessed. The quality is low, and often the text makes little sense. 90% of the information could be removed without any loss to the user. So, our acquaintance with AllCapitalInc starts with a poor assessment of its website.

Partnership and Bonuses

The broker offers several types of bonuses. Firstly, there is a welcome bonus, which is provided to all new clients. Secondly, when depositing, you can receive bonus funds up to 30-100% depending on the type of account. Thirdly, AllCapitalInc has developed a rebate program, which involves receiving cashback for trading. Fourthly, trading contests, where users have the opportunity to compete and win prizes.

Such an abundance of bonuses, especially of considerable size, is not a positive sign. More often than not, these are standard tricks by brokers to attract more clients. However, it should not be forgotten that such bonus incentives have specific conditions, without meeting which it is impossible to withdraw funds.

An affiliate program is not mentioned on the AllCapitalInc website. However, looking ahead, during registration, you can enter a promo code, which clearly hints at an affiliate program.

Account Opening on Allcapitalinc.com

To start trading with AllCapitalInc, it is necessary to create an account. The registration process is standard: it’s enough to specify your name, contact information, password, address, and agree to the terms. There is no need to verify the provided contact details, as the personal account is immediately accessible.

Registration

The interface of the personal account includes an integrated trading platform. Is this convenient? Hardly. It would be much more practical to separate the terminal and the client portal. In the personal account of AllCapitalInc, clients have access to the following operations:

  • Editing personal data.
  • Operations for depositing and withdrawing funds.
  • Uploading documents for KYC.
  • Managing accounts.

Traders can also change the language and color scheme. However, no demo account was found at AllCapitalInc. Also, in the personal account interface, we noticed an exchange service and the investment product “Earn”, in which one can invest to receive passive income.

Verification

The verification procedure involves providing documents that confirm the trader’s identity and their address. The process takes place in the personal account in the “documents” section. AllCapitalInc does not provide a document dedicated to the AML&KYC policy, so it is unknown whether this procedure is mandatory.

Pros
  • Not found.
Cons
  • AML&KYC policy is absent.

Trading Software

Judging by the description of trading accounts, the broker offers the well-known MetaTrader 5 platform, but this is not the case. Firstly, the terminal in the personal account is completely different and does not even resemble MT5. Secondly, AllCapitalInc is not on the list of brokerage companies connected to this software. So the firm simply misleads visitors to the site.

The company does not provide information about its platform, except that supposedly one can trade on smartphones. However, we can independently characterize the trading terminal at AllCapitalInc.

Terminal

The platform is primitive, having an interface taken from the popular tradingview service. It is important to note the absence of technical analysis, for example, lines, levels, Fibonacci, Gann boxes, and other elements. However, traders can use indicators, change the timeframe, and switch the type of charts. Also available are pending orders, position history, current balance, lists of favorite assets, a news feed with all mentions of the selected instrument, an economic calendar, and indicators of major indicators.

In short, AllCapitalInc not only deceives traders, as there is no MetaTrader 5 here, but also offers a pseudo-platform that cannot replace normal software. Such a terminal is not suitable for serious and successful trading. Mobile and desktop versions were not found.

Features AllCapitalInc Reltex Group JK Analytics
Demo Account
Mobile App ✔️
Own Development

How Can I Trade With AllCapitalInc?

Next, let’s consider the tariff plans. They determine the trading conditions and available opportunities.

All Info About Accounts

AllCapitalInc has created three types of accounts.

  1. Basic. 24/5 customer support, leverage up to 1:100, and professional chart.
  2. Platinum. Adds news alerts, daily market updates, personal manager, bonus up to 30%, swap discount 10%, and spread discount 20%.
  3. Premium. The same opportunities, but on more favorable terms. In addition to this, traders can participate in live sessions with personal strategy.

Account types

The size of the minimum deposit is not specified, so it remains a mystery. Also, we have already found out that MT5 is a lie, as in reality, there is a different terminal here. The leverage of 1:100-1:400 is a direct violation of all norms and requirements of regulators. And this is not surprising, as AllCapitalInc is unlikely to be regulated by financial commissions.

Moreover, an important point in analyzing the trading conditions is the unlisted spreads and commissions. How profitable is it to trade here? It is impossible to determine until you deposit funds and open a trade. Even a demo account is absent. AllCapitalInc is an extremely secretive organization, without a hint of customer orientation.

The last thing to add is the absence of an Islamic account, as well as ECN. There is no doubt that we are dealing with a dealing desk, which only earns when users lose their money, making trading here absolutely senseless.

Pros
  • Not found.
Cons
  • Many conditions are not even specified.
  • Demo and swap-free accounts are absent.

Market Analysis and Education With Allcapitalinc.com

The firm has created a small educational academy with video lessons on various topics, such as what leverage is, forex, types of orders, indicators, strategies, and others. In addition, all users have access to signals for currencies, metals, cryptocurrencies, and other financial assets. There are no other additional services in AllCapitalInc.

Deposit, Withdrawal, and Fees

We have already talked about how secretive and opaque this company is. Regarding the methods of transferring money, AllCapitalInc provides absolutely no information. There is no section on the website dedicated to deposits and withdrawals, nor is this data found in the user agreement. Even the logos of payment systems are absent. In the personal account, you can only see bank wire transfers, and to access deposit funding, you need to contact a manager. In general, it is unknown how to deposit funds and what commissions the firm charges.

Features AllCapitalInc FX Tampa Fortnomics
Debit/Credit Cards ✔️ ✔️
Electronic Payments ✔️ ✔️
Crypto Transfers ✔️ ✔️
Deposit Fee
Withdrawal Fee ✔️

How Can I Contact It?

Managers at AllCapitalInc are available via email or phone. Checking the contacts revealed nothing. Additionally, users have the option to submit a request for feedback through a special form. Registered users can try their luck in the online chat of the personal account, perhaps they also respond there.

Usually, brokers list several emails and phone numbers, for example, for technical support, customer service, partnerships, and other issues. However, AllCapitalInc has only one single contact for all queries.

Pros
  • All the main methods of communication with managers are available.
Cons
  • Social media accounts are absent.

Is AllCapitalInc Dangerous?

Although the company looks suspicious, we cannot definitively claim whether it is a scam or not. To determine this, it is necessary to verify whether the stated data about the period of operation, legal address, and number of clients are true. Perhaps AllCapitalInc is lying to us, and if so, this would be a serious red flag.

How Long Does The Broker Work?

The company’s website claims over 8 years of experience. What evidence is there? For instance, a registration number leading to All Capital Ltd was founded on November 20, 2023. Where are the 8 years of experience? Therefore, AllCapitalInc cannot provide any confirmation; on the contrary, the firm itself disproves the stated information. Moreover, there are almost no reviews of the broker on the internet, and the official website’s domain was registered on September 12, 2023. All this indicates a very short period of operation and deception on the part of the organization.

Domain

How Is AllCapitalInc Regulated?

It’s amusing to see how the website’s footer states “registered in Ireland”, followed by an address in London and a registration number. Couldn’t they have read the text a second time to correct this error/typo? Okay, this is not so important, as we are interested in another question – where is the license?

We checked the Financial Conduct Authority registry, which oversees the activities of brokerage companies, and AllCapitalInc is not listed there. We tried different names: “AllCapitalInc Investment Managers Limited” and “ALL CAPITAL LTD”. Such a firm is not listed.

AllCapitalInc - FCA

Features AllCapitalInc Nexon Groups Global ICM
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With AllCapitalInc?

To cooperate, it is enough to create an account by undergoing simple registration. Trying the service on a free demo account without the risk of losing money is not possible, as this service is not offered here. Therefore, it is necessary to fund the deposit balance, but its minimum amount is unknown. It may be necessary to provide documents for KYC, but this is not certain.

Is AllCapitalInc Legit?

We checked the FCA registry for the presence of this organization. The check yielded nothing; the FCA does not regulate the broker's activities, meaning it operates illegally.

How Risky Is It?

In addition to the high risk of margin CFD trading, it is important to be aware of another risk - you could lose all your money due to fraud. AllCapitalInc does not provide guarantees of reliability, as it is an illegal firm that could easily deceive you and appropriate your funds.
Kevin Berry
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Expert Opinion

Never trade with brokers that do not have a license from financial commissions. Your money is at risk; it is not protected, so such companies can manipulate you, including refusing withdrawals. Additionally, nothing is known about AllCapitalInc, as there are very few reviews on the internet. One must not forget about the fake period of operation and the fictitious traders, supposedly numbering over 7 million. This is all lies and nonsense. In this way, the fraudsters want to create the illusion of a large and serious brokerage intermediary to lure in as many gullible users as possible.

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AllCapitalInc rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

4 reviews about AllCapitalInc

Cult January 4, 2024 - 21:02
Yeah, another scam, nothing new.
The level of trust

These are ordinary fraudsters who will take your money and not return it. A fake platform, where there is no real trading and no brokerage accounts. Instead, the deposit immediately goes into the pockets of the scammers who created this scam. Nothing new, just a new scam in forex. Please, don’t fall for it.

Reply
Gin February 2, 2024 - 16:52

Exactly like this, it’s a scam and I speak from personal experience

Reply
Leonel January 26, 2024 - 13:27
It looks terrible. Lots of signs of fraud
The level of trust
Quick withdrawal of funds
Efficiency of technical support

I didn’t deposit funds, as I feel that allcapitalinc is a scam firm. I registered an account to see what this platform looks like from the inside. I didn’t like it much, as the terminal cannot be downloaded to a PC, and its web version is too primitive. Another negative point is that it’s unclear where the demo account is and how much needs to be invested for the initial deposit. In addition, commissions and spreads are also unknown. And to top up the balance, it is mandatory to contact the managers. This is silly, and normal, honest, transparent companies don’t engage in such nonsense. Therefore, I thought it was silly to top up the balance, better not to do it. And I also recommend that everyone else not get involved with an obviously fake firm with signs of fraud.
By the way, I wrote to the email several days ago, and they haven’t responded yet.

Reply
Gio February 5, 2024 - 14:01
Scam
The level of trust

It is a pseudobroker created to steal your money, I had a very bad experience with them and I would like to warn people not to trust them

Reply

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