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Capital365 Review | Any Signs of a Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 3
Capital365 - logo

Capital365 is a crypto broker with which your life will certainly change for the better. At least that’s what the company writes on its official website. If you, like us, don’t believe in empty promises, let’s find out if it deserves attention. For some reason, it seems to us that we will find many shortcomings, negative reviews and signs of fraud.

Highlights

🏛️ Country Saint Vincent and the Grenadines
⚠️ Regulation
🖥️ Website capital365.fm
🎲 Demo Account No
⏳ Start Time 2021
💲 Minimum Deposit $500
⚖️ Minimum and Maximum Leverage 1:200, 1:400
⚙️ Trading Platform WebTrader
📨 E-mail support@capital365.fm
📞 Phone +44 (20) 38077521

First Impression of Capital365.fm

The site makes a strange impression. It looks ok, as do most other broker sites. You won’t find anything special here. One cannot ignore the lack of information. And this is, of course, a big minus. Only types of accounts are well described here. At least the contacts are presented.

Capital365 - website

Account Opening on Capital365.fm

You can create an account by filling out a standard form with the following fields:

  • First and last name
  • Phone number
  • Email
  • Country of residence
  • Account currency.
  • Password.

Registration

You can enter a promo code if you have one. However, it’s not clear what it can be useful for and where to get it. Capital365 does not mention anything about it. You will find a personal account along with a trading terminal. It is also standard. Here you can change your profile settings, deposit your account, apply for money withdrawal, read the news, and contact support.

Capital365 - Client Portal

Verification

The verification process is rather strange. In addition to standard photos or scans, you will have to provide something else to confirm your identity and place of residence. Capital365 asks for a front and back photo of a credit or debit card. Besides, it does not even mention that it is necessary to cover the CVV code or a few numbers in front. It is a very suspicious approach to verification.

Pros
  • The broker describes the verification process in detail.
  • Convenient form for uploading documents.
Cons
  • You will have to upload quite a lot of documents.
  • Card verification is required, but it is not indicated that you should hide numbers and other important data; for example, CVV code.

Trading Software

For some reason, the broker is proud of its platform. However, we cannot call it very effective. It looks repulsive. There are few indicators for trading here, but a lot of useless, and distracting elements such as TV, which still does not work. In addition, only the web version is available. There is no desktop app or software for smartphones.

Terminal

Features Capital365 BTC-MARKETS  Crypto ComebackPro
Demo Account
Mobile App
Own Development

How Can I Trade With Capital365?

Capital365 is not just a crypto broker. There are other assets on the site. For example, you can trade Forex, Indices, Stocks, Commodities, etc. However, there is one exception. The broker doesn’t have access to the interbank market. All assets presented on the platform are only CFDs.

All Info About Accounts

Capital365 has only three types of accounts.

  1. Basic. The minimum deposit is $500. You will get leverage up to 1:200, personal manager services, market overview, and access to trading webinars.
  2. The next account is very interesting. It’s called «Managed». When choosing it, you will have free hands. In other words, Capital365 will trade for you. In this case, you need to deposit 10 thousand dollars. Leverage will increase to 1:300. What kind of super trader will trade for you is a mystery.
  3. Finally, the third account is called Savings. Why it has such a name is also a question. The minimum deposit here is 100 thousand dollars. Leverage increased to 1:400. The broker also offers super tight spreads, and access to VIP events.
Pros
  • Several types of accounts.
Cons
  • The set of services is very strange
  • Capital365 does not provide anything special and it hardly makes sense to invest that amount of money.

Market Analysis and Education With Capital365.fm

Capital365 promises to teach trading. You will receive a personal coach and will be able to learn trading strategies or follow the leaders and repeat their actions.

Deposit, Withdrawal, and Fees

During registration, you can choose one of several fiat currencies, such as the dollar or the euro. The company offers a card and a bank transfer for depositing and withdrawing money. The withdrawal process may take up to 5 days.

Features Capital365 BTC-MARKETS  Probits
Debit/Credit Cards ✔️
Electronic Payments
Crypto Transfers ✔️ ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

The broker offers to contact it by phone or email. Even the address of the office is presented. However, there are obvious disadvantages.

Pros
  • There are many ways to contact a broker.
Cons
  • Spam calls are often received from the number specified by the broker.
  • It takes a long time to wait for the support response.
  • There is no real headquarters at the specified address.

Is Capital365 Dangerous?

The broker offers do not look attractive to us. Moreover, the company definitely has several problems.

How Long Does The Broker Work?

The company has been operating since 2021. At least that’s what it says in the footer. Information about the domain also confirms this. The official website was created on January 14, 2021. By the way, it cannot be said that the broker is very experienced. As you can see, it has been working in the financial markets for a rather short time.

Domain info

How Is Capital365 Regulated?

According to legend, DILFETRONO LTD manages the broker. For some reason, traders are not notified where this company is located. Well, it wasn’t hard for us to find it. Such a legal entity is in the register of Cyprus.

It is not enough to incorporate a company to offer brokerage services. The broker still needs to get a license, but Capital365 neglects this rule. There is no data in the CySec registry that this broker has received a license. So we conclude that it is operating illegally. By the way, we generally have doubts that Capital365 is managed by DILFETRONO LTD. The second company was registered back in 2017. The hero of our review, on the contrary, appeared only in 2021.

Features Capital365 BTC-MARKETS  RollerCoin
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With Capital365?

To trade with this broker, open a real account, contact support, and pass verification. After that you can deposit and start opening orders.

Is Capital365 Legit?

No, the company has not received a license and offers trading illegally.

How Risky Is It?

Trading with offshore brokers without a license such as Capital365 is not recommended.
Kevin Berry
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Expert Opinion

I say right away that this is a scam. The creators of Capital365 have made a beautiful site in neon shades, but this is not enough to have the right to trade and manage transactions on behalf and for the account of the client. As in other cases, this is not a crypto broker, but only an attractive signboard. Judging by the inferior terminal, CFD trading here is also fake. There is no license, and legal information is probably stolen. What other arguments do you need?

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Capital365 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

3 reviews about Capital365

Meg December 9, 2022 - 17:22
Major red flag
The level of trust

Who wants to be poorer? You can give this broker your money and then say that it is not good for trading. Why is that? Well, you will work with an offshore company without a license. And you don’t have to be an incredible professional analyst to understand that your money will be stolen here. Just analyze the reviews about the site and you will understand everything.

Reply
Clayton December 22, 2022 - 21:04
They take advantage of the inexperience of newbies.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

I have no experience in trading. Employees promised that they would help me with everything. As a result, 4 open orders on their recommendations led to a loss. I wanted to withdraw my money because I decided that trading was not for me. I’ve been waiting for a withdrawal for a week now. I contacted support yesterday but have not received a response.

Reply
Clark January 2, 2023 - 11:42
No money, no profit
The level of trust
Quick withdrawal of funds
Efficiency of technical support

I worked with this broker for about a month. During this period I lost 4 thousand dollars. The manager insisted that I deposit the account more and more. When I had already run out of free money, they just started ignoring me. I do not advise anyone to get involved with this scam.

Reply

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