✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Iconic Capital. We analyze the website, we observe every detail and we 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…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Iconic Capital and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | iconiccapital.market |
| 🏠 Company* | Effervescent Group LTD |
| ️ Regulatory | Not regulated |
| does not have | |
| 📈 Leading | MetaTrader |
| 📌 Direction | St. Vincent and the Grenadines |
⚠️ BKCOIN is owned by Effervescent Group LTD, the company it's located in St. Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we are going to analyze the types of accounts that Iconic Capital offers, in this case, we observe that it offers 3 different types of accounts:
| Account type | Minimum initial deposit |
| Bronze | $500 |
| Gold | $10000 |
| Diamond | $200.000 |
Information on the web
Iconic Capital provides a brief explanation about the services it offers, not much else.
List of phone numbers
+34 93 271 51 33
+74 95 374 47 24
🚫 Iconic Capital Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Iconic Capital.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Iconic Capital:
| Date | Update – news |
|---|---|
| March 2022 | Complaint against Iconic Capital of CNMV |
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 Iconic Capital.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Iconic Capital
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 Iconic Capital
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
How can I report Iconic Capital?
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 Iconic Capital a scam – is it scam?
Yes. We believe that Iconic Capital is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Iconic Capital reliable?
No. Iconic Capital is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Iconic Capital?
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.
Are there (recommended) alternatives to Iconic Capital?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Hello, they told me that to withdraw the money I first had to transfer their commissions of 1500 euros, my question in case it happened to someone and can help me is that they made me take out insurance from the AXA company for 3000 euros. Do you know if in reality Did I hire him or was it another fake?
Hello Vicente, it is false, they are scammers and they invent it to get more money from you, everything is ready to rob you.
Greetings.
If it's true Iconic Capital is a scam.
I invested 500 dollars to start in 2020, then they asked me to pay 2 times more supposedly to withdraw my "earned" money. Which never happened, with that thing that you have to pay taxes and other things.
They scammed me and so many people.
I thank you for wanting to mask this company and so they don't rob more people.
Hello Yamile, Iconic lies from the beginning, they manipulate you, NOTHING OF WHAT THEY SAY WILL HAPPEN, the money you sent will never be returned to you, you have to rescue it yourself, do not send any documentation, it will go against you when you claim the money. Thank you for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
They scammed me out of 250 dollars, and they never answer my calls, messages by mail or by wasap, they told me that they were in London working and that due to the time change they cannot contact me, and I think they reached as far as the degree of manipulating my account that I could no longer access and they also hacked my personal email is a scam this happened to me in the year 2021 in the middle of January and February that bad, I hope they find it and return the money, according to I have read before there is an international investigative agent from these platforms. I hope they find him and return what one has invested with so much sacrifice 😔
Hello Luis, Iconic lies from the beginning, they manipulate you, NOTHING OF WHAT THEY SAY WILL HAPPEN, the money you sent will never be returned to you, you have to rescue it yourself, do not send any documentation, it will go against you when you claim the money. Thank you for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, I invested €4000 in 2021, the broker or supposed broker is still buying it through Binace and Coinbase, then he gave me a link and it was neither of the two because I told him that I always wanted Binace. But the link that It happened to me and I was surprised that it said Iconic Capital, I told him to change it, and he did what he wanted. I have all the data in my bank from when I made the investment. I have not received anything to date
Hello Yolanda González, Iconic lies from the first moment, they manipulate you, NOTHING THEY SAY WILL HAPPEN, the money you sent will never be returned to you, you have to rescue it, do not send any documentation, it will go against you when it comes to claim the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Spanish Financial Regulator) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
hello good to all because they scammed me 9850 euro since May 2022 I have realized when I want to withdraw an amount and they tell me that I have to pay to withdraw money and when I insist that I am not going to pay anything and that I collect from the account that I have with you they hung up the call and since then I haven't heard his voice...
Hello said, Iconic lies from the beginning, they manipulate you, NOTHING OF WHAT THEY SAY WILL HAPPEN, the money you sent will never be returned to you, you have to rescue it yourself, do not send any documentation, it will go against you when you claim the money. Thank you for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.