✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company FxCape is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...
Below we will show you essential information about FxCape and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | fxcape.com |
| 🏠 Company* | FxCape Ltd |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Continental | Own platform |
| 📌 Address | Tower 42, EC2N 1HQ The City of London, United Kingdom |
| 🕑 Website age | 2 de Octubre de 2023 |
| ❓ Company type | platform for CFDs, Forex, stocks, cryptocurrencies, metals, indices, raw materials and NFTs |
Company: FxCape is owned by FxCape Ltd
Location: The company mentions being located in the United Kingdom, but we believe this is false information.
We can already tell you that we are concerned about several characteristics of this company.
What is FxCape?
After having carried out an analysis of the company's website, we can say that FxCape is a: CFDs, Forex, stocks, cryptocurrencies, metals, indices, commodities and NFTs platform.
Account types
The company provides information about these different account types
| Types of accounts | Minimum initial deposit |
| Basic | $250 |
| Pro | $10.000 |
| Gold | $25.000 |
| Platinum | $50.000 |
| Diamond | $100.000 |
| VIP | $250.000 |
Information on the web
Here we show you a screenshot of the FxCape website, which is fxcape.com. The capture was made in JANUARY 2024.
Contact: phone numbers and email
After having performed an analysis of the website:
We have found the following phone number:
+442080971434
We found the following email:
[email protected]*FxCape Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Final FxCape Valuation 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of FxCape and we have reached the following conclusions about this company:
Location: It mentions being located in a place considered safe such as the United Kingdom, but we believe that this is false information with which they try to deceive customers.
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
Please remember that the company has been reported by different financial regulators (in this case the FCA, the UK regulator). Use EXTREME CAUTION.
The warning about FxCape is of utmost importance and should be taken with extreme caution, as the company claims to be located in the United Kingdom, a place considered safe, but there are doubts about the veracity of this information. The lack of location transparency raises questions about FxCape's credibility and honesty, suggesting that they could be trying to mislead clients by providing false information. This discrepancy in location highlights the importance of doing thorough research before making any type of transaction with this platform.
Furthermore, the absence of information regarding the regulation of FxCape is a cause for additional concern. The lack of regulatory details means that investors have no assurance that FxCape complies with necessary financial regulations or is subject to appropriate regulatory oversight. Regulation is essential to protect customer interests and ensure fair business practices. The lack of transparency in this regard significantly increases the risk for investors and suggests that FxCape could operate without the necessary safeguards.
In short, the combination of the lack of transparency in the declared location and the absence of regulatory information makes FxCape a highly risky option. Investors should be extremely cautious and consider more transparent and regulated alternatives to protect their financial assets. The lack of clarity on FxCape's location and regulation are clear red flags that this company may not be a safe or reliable option for those looking to invest prudently.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨
Updates
FxCape News:
| Date | Update – news |
|---|---|
| January 2024 | Complaint against FxCape financial regulator FCA |
We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with FxCape.
At the end of the review you will find customer comments.
How to Claim Money Scammed by FxCape
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report FxCape
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
Are there (recommended) alternatives to FxCape?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report FxCape?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is FxCape reliable?
No. FxCape is not reliable, it is a very unsafe company: the information about its location is dubious and its lack of regulation creates many insecurities for us. Your website is new, that is, it has no history. It also has complaints from financial regulators. Does that generate confidence in you? BE VERY CAREFUL.
How to recover money from FxCape?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
They are pressuring me to invest here, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hello Felipee, thanks for writing about FxCape. Currently this broker is considered a SCAM.
If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.
If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.