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London Bridge Cap Review | Aesthetics, Luxury and Successful Life or a Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 3
London Bridge Cap - logo

A broker with an intriguing name, London Bridge Cap, which emphasizes aesthetics, luxury, and successful life, offers leveraged trading in financial markets. From its name, one might presume it’s a UK-based firm. However, the paperwork refers to the offshore jurisdiction of St. Vincent and Grenadines, and there’s no mention of a UK address. There’s no license or clear indication of their operational tenure. Reviews give it an average rating of above 3 stars. So, is it a scam or a reliable broker? That’s what we aim to uncover.

Highlights

🏛️ Country St. Vincent and Grenadines
⚠️ Regulation
🖥️ Website https://londonbridgecap.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit $250
⚖️ Minimum and Maximum Leverage 1:100-1:400
⚙️ Trading Platform WebTrader
📨 E-mail support@londonbridgecap.email, support@pr29.d
📞 Phone

First Impression of Londonbridgecap.com

Have you ever felt baffled and puzzled when someone tries to portray a picture of soaring success and opulent living, yet you can distinctly see that it’s all a sham, a dummy, with an underlying intent to put their best foot forward? That’s the exact sentiment stirred by the official website of London Bridge Cap. It’s adorned with posh phrases, pictures of smartphones, urban views, towering buildings, hustling office scenes, posh cars, and private jets. All this is starkly juxtaposed against its drab, somber, and almost melancholic design, cast in a “50 shades of grey”.

London Bridge Cap - site

It’s noteworthy that the website is predominantly filled with fluff, meaning it contains pointless phrases offering no real value to visitors. London Bridge Cap claims a huge number of advantages and merits, yet they provide no evidence to support these claims. There are even mistakes and typos present. For instance, at the bottom of the page where the ‘Disclaimer’ is located, the fraudsters overlooked an editing error resulting in: “The website is owned and operated by {{BRAND_CC}}”. Someone forgot to insert the actual name.

London Bridge Cap tried to paint itself as a top-tier broker, but the result screams otherwise: it feels cheap, ostentatious, and empty. Visiting their website feels like expecting a whiff of Dior but getting a mundane bathroom air freshener instead.

Partnership and Bonuses

While London Bridge Cap’s website doesn’t mention any affiliate program, they do ask for a promo code during registration, hinting at one. Bonuses also receive no attention, but looking at the existence of a bonus policy, it can be concluded that clients are offered bonus funds and promotions.

It would raise eyebrows if London Bridge Cap didn’t offer bonuses, a common marketing tactic with brokers. On the surface, these bonuses seem enticing. However, it often serves as an anchor for the deposit because bonuses are given under specific conditions. To withdraw the bonus, you have to trade it 50,000 times. For example, bonus * 50,000 turnovers = eligible for withdrawal. Traders can only cash out up to 20% of their accounts. If they try to withdraw more, they risk losing subsequent bonuses and any associated profits. For rookies, this is often a fast track to depleting their deposit.

Account Opening on Londonbridgecap.com

London Bridge Cap has a standardized account opening procedure. The client needs to specify name and surname, e-mail, residential address, and postal code, country, phone number, promo code. As well as a password and currency (USD/EUR/GBP).

Registration

After registering with London Bridge Cap, users encounter a basic dashboard. From this hub, you can jump into the trading platform, adjust personal details, upload KYC documents, manage fund deposits and withdrawals, obtain a referral link, and track income statistics from their affiliate program. The dashboard presents itself in a basic and standard design. Language options include English, Italian, German, Russian, Spanish, and French. However, they miss offering a demo account.

Verification

Verification is a mandatory process at London Bridge Cap. Before you can deposit, you need to complete the KYC process. If you try to bypass this, you’ll be met with an error reminding you to validate your personal information. Just like many other financial institutions, the broker requires documentation that confirms both identity and residential address. And sometimes, for added security, the firm might even request a video or audio verification.

Pros
  • None.
Cons
  • May require video or audio verification.
  • Mandatory KYC, without which you cannot start trading.

Trading Software

The trading interface of London Bridge Cap is seamlessly built into the user dashboard, presenting itself as a WebTrader. While they boast compatibility across browser, desktop, and mobile devices, including Android and iOS, the AppStore and Google Play icons are visible but conspicuously lack download links. It leaves one wondering. Do they even have a dedicated mobile or desktop application? The mystery lingers.

Terminal

London Bridge Cap’s trading platform is tailored with the essentials: an order panel, TradingView charts, a variety of indicators, the capability to place orders as low as 0.01 volume, and a curated list of preferred assets. An intriguing “Masters” section hints at a trade-copying service, yet it remained unpopulated at the time of inspection.

It’s impossible to label the London Bridge Cap’s terminal as professional and multifunctional. Advanced analysis tools like market depth and open interest are conspicuously missing. Moreover, fundamental features like levels, Fibonacci sequences, Elliott Waves, and other graphical elements are nowhere to be found. A glance at the platform’s screenshot confirms the absence of these essential tools.

Features London Bridge Cap Rich Premium Rx  Exallt
Demo Account
Mobile App ✔️
Own Development

How Can I Trade With London Bridge Cap?

London Bridge Cap operates much like its broker counterparts, providing CFD trading options. They offer traders a variety of account types, leverage opportunities, and a selection of core asset classes. The specifics of the trading conditions hinge on the tariff selected by the user. Details to follow.

All Info About Accounts

A minimum deposit of $250 is required to open the first “Self-Managed” tariff. London Bridge Cap has a total of 6 account types:

  1. Self-Managed. Over 200 tradable assets, market review, leverage up to 1:100.
  2. Select. Additionally included: dedicated senior account manager, bonuses, leverage up to 1:200, spreads from 1,5 pips, tier-3 trade room analysis, financial planning, risk management planning, special venture promotions, monthly webinars, prioritized withdrawal process. The minimum amount to open a fare is $10,000.
  3. Personal. From $50,000. Leverage up to 1:300, spreads from 0,5 pips, weekly webinars, and more professional market analysis from London Bridge Cap.
  4. Honors. From $250,000. Leverage up to 1:400, zero spreads, full access to webinars and analysis, VIP events, and special gifts worth $5,000.
  5. Wealth. The minimum balance is $250,000. It is necessary to contact the manager.
  6. VIP. For the wealthiest clients who found the previous account types insufficient. The broker promises super opportunities and conditions.

The disparity between London Bridge Cap’s first and second tariffs is a staggering $9,750. Those on the “Select” plan enjoy a comprehensive suite of services, while beginners and those unable to front a $10,000 deposit are left with minimal offerings – mere table scraps. This approach appears to discriminate against “Self-Managed” patrons. Such a division suggests that the company is essentially extorting money from people. A clear sign of fraud.

London Bridge Cap’s trading terms raise more questions than they answer. What kind of spreads can “Self-Managed” account holders anticipate? Who exactly is behind the analysis and financial planning for traders, and do they boast the credentials or licensing to back their expertise? And a fundamental query: what commission structure is set for individual trades?

Pros
  • None.
Cons
  • High minimum deposit.
  • The broker emphasizes on rich and wealthy clients.

Market Analysis and Education With Londonbridgecap.com

London Bridge Cap’s complimentary resources are limited to educational materials such as FAQs, e-books, a glossary, and the asset index. Notably absent are the integrated TradingView widgets, heat maps, economic calendars, or foundational trading courses. The extras are decidedly sparse. It seems the full spectrum of benefits is reserved for those ready to part with at least $10,000. Are there truly any takers?

Deposit, Withdrawal, and Fees

London Bridge Cap offers deposits and withdrawals through credit/debit cards and conventional bank transfers. Notably, on their official website, alongside the familiar Visa/Mastercard symbols, you’ll spot icons for Litecoin, Ethereum, and Bitcoin, suggesting a possibility of cryptocurrency transfers. Deposit fees are not specified, but for withdrawals, a trader will be charged 1% of the amount, with a minimum of $30 and a maximum of $300.

Features London Bridge Cap GoldNrise Finorax
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️ ✔️
Crypto Transfers ✔️ ✔️
Deposit Fee ✔️ ✔️
Withdrawal Fee ✔️ ✔️ ✔️

How Can I Contact It?

You can contact the managers and representatives of London Bridge Cap via email. There’s also an online chat available in the personal account for quick communication. Strikingly, they haven’t provided any phone contact.

What raises eyebrows is the validity of their communication channels. The listed email, upon verification, turns out to be non-existent. Further, a secondary email at the website’s footer appears peculiar, almost as if it has an error: support@pr29.d. Judge for yourself.

Email

Pros
  • There is an online chat in the personal account.
Cons
  • Email doesn’t exist.
  • There is no phone number or social media.

Is London Bridge Cap Dangerous?

A closer look at London Bridge Cap’s official website raises red flags and lingering doubts. The terms on offer seem more in line with dubious practices than with a trustworthy entity. The questionable email address only intensifies these concerns. Let’s delve deeper into the crucial aspects of their operations.

How Long Does The Broker Work?

London Bridge Cap is notably silent about its inception date, and our investigations suggest a reason. The domain registration dates to October 2022, marking less than a year in operation. Some reviews are also dated from 2023 and late 2022, further corroborating the company’s brief history. Strikingly, there are no registration documents in sight that might counter our observations.

Domain

How Is London Bridge Cap Regulated?

While London Bridge Cap doesn’t disclose a concrete legal address, their user agreement does mention being under the jurisdiction of St. Vincent and the Grenadines. We scrutinized the SVGFSA registry, hunting for any mention of the company. Our findings? They’re conspicuously absent from SVGFSA’s records.

Regulation

While the company’s name hints at a possible UK registration, a deep dive into the FCA registry came up empty-handed. It’s a clear indicator London Bridge Cap operates without regulation.

Features London Bridge Cap ToroProfit  Lig Broker
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

Kevin Berry
Ask question
Expert Opinion

Once again, we uncover the fraud dealings of a broker, with London Bridge Cap raising suspicions right from the outset. The broker reeks of cheapness, pretentiousness, and a pathetic attempt to steal money from trusted traders. One needs only to look at the conditions they lay out for a substantial deposit of $10,000. And as for the favorable reviews available on Google? They seem fake. It’s remarkable how brazenly such scam artists attempt to bolster their reputation as a safe broker. In summary, it’s advisable to steer clear of opening an account with them.

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London Bridge Cap 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 London Bridge Cap

Steph Manson August 1, 2023 - 22:42
For over a month I can't get my money back ....
The level of trust
Quick withdrawal of funds
Efficiency of technical support

More than a month I can not wait for my money from london bridge cap…it is some kind of hell… I did not think that it is so easy to get to scambroker in the forex industry… I thought that it is difficult and that such companies are a few… and it turned out that there are hundreds, thousands and tens of thousands… and I was even told that scammers create the same type of companies one after another… and that london bridge cap is another project of scammers

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makemefeel August 10, 2023 - 19:01
A blatant scam and fraudulent scheme
The level of trust

I sincerely hope that people possess enough discernment to avoid falling prey to such blatant scams. London Bridge Cap categorizes itself among fraud entities masquerading as secure and transparent, when, in actuality, they indulge in illegal practices. Investing in this scambroker is tantamount to certain financial losses. If you’ve already placed funds here, make haste and retrieve them ASAP.
Their entire platform is fake, from their quotes to their purported liquidity – all of it is fake. There’s no authenticity in their operations; the scammers entice significant investments, starting at a minimum of 250 dollars. They might dangle various offerings like trading signals or market analysis, but it’s all a ploy to persuade you into feeding funds into a fake brokerage account.

Reply
123 August 18, 2023 - 02:59
I lost $2,500 here
The level of trust
Quick withdrawal of funds
Efficiency of technical support

After being swayed by glowing reviews about London Bridge Cap, I entrusted a portion of my savings to them. Sadly, it became the gravest mistake I’ve ever made. I had never fallen for scams before; perhaps a minor overcharge at a market costing me $5-10 at most. However, in that fraud, I lost $2,500.
My investment was made six months ago, and as of today, not a single penny has been retrieved from this financial snare. My expectation was to collaborate with a reputable, lucrative, and above all, trustworthy broker. How wrong I was, with fake positive reviews significantly misleading me.
When it dawned on me that my trading yielded no returns and my deposit was plummeting, I tried to salvage my remaining funds from London Bridge Cap. I sought to withdraw half of my deposit, but it proved fruitless. My request remained unprocessed, and the scammers didn’t even attempt to contact me.
In the end, I lost all the money I had invested in this fraudulent brokerage sham run by swindlers and scoundrels. It’s a sad experience, but still an experience.

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