✔️ Information reviewed and updated in March 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

🌐 Websiteiconiccapital.market
🏠 Company*Effervescent Group LTD
RegulatoryNot regulated
📧 Emaildoes not have
📈 LeadingMetaTrader
📌 DirectionSt. 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 typeMinimum initial deposit
Bronze$500
Gold$10000
Diamond$200.000

Information on the web

Iconic Capital Website

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 2022Complaint against Iconic Capital of CNMV

User Reviews

[democracy id = ”3088 ″]

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.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

119 comments on «Is Iconic Capital a scam? 2023 Reviews»

  1. Victor Reply

    Good morning, I invested €250 and they tell me to create a crypto wallet to make withdrawals since I now have €450. What do you think, the cryptocurrency is safe. ??
    Thank you

    • Recommended-brokers.com Reply

      Hello Victor, creating a wallet is not a big problem as long as you only keep the access codes, but the Iconic staff 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 yourself, do not send any documentation, it will go against you when claiming the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

  2. alex Reply

    good I invested 250 euros, but I saw that they charged me 48 euros on my card for the calls I had with them, they charged me 2 charges of the same amount, in the end I was able to claim one of the charges from my bank, and a conversation with those from iconic capital x wasap they returned my initial investment of €250, now after a month I have entered my iconic account and I have €600, can I claim that amount?

    • Recommended-brokers.com Reply

      Hello Alex, it is extremely strange that these scammers return something to you, you have been very lucky, you can claim the money that is supposedly in the account but I doubt that they will return anything else.

      Greetings.

  3. Marine Reply

    They don't want to give me my money back, he's a scammer broker, they do nothing but steal from all the clients who manage to deceive with their trap ads!!!!

    • Recommended-brokers.com Reply

      Hello Marin, 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 redeem it yourself, do not send any documentation, it will go against you when claiming the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

  4. Assumption Reply

    They have stolen my future and that of my children, all my savings, they are swindling sons of bitches, I am going to look for them and find them and it will not end well...

    • Recommended-brokers.com Reply

      Hello Asunción, everything they tell you is a lie, they are manipulating you, NOTHING THEY SAY WILL HAPPEN, the money you sent will never be returned to you, you have to redeem it yourself, do not send any documentation, it will go against you at the time to claim the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

  5. yuleidy Reply

    Hello, good evening, I opened an account with them and the truth was an amazing profit. At the beginning I had a girl who advised me and then one day she disappeared, then a boy contacted me and told me that I had to withdraw my profits. pass the account number for the deposit that I request on 02-08-2022 and today they call me to tell me that the money is withheld and that I must pay a 6% tax which I must deposit before August 12 of 2022 or they will send a report.
    This is the information they sent me:

    please make the payment before August 12, 2022.
    one of our agents will guide you through the process, if you do not make the payment by the due date, 1.3% more will be charged each week. after payment of taxes, the withheld funds will be transferred to the crypto account of Ms.

    will send a request to the internal tax service of your country in relation to financial fraud committed by a Chilean citizen, and the funds will be forfeited in favor of the state
    payment of income tax must be made on behalf of the nominal beneficiary through a cryptographic transfer.

    What should I do in this case, I am afraid they say they are going to send a report for fraud to my pious.

    • Recommended-brokers.com Reply

      Hello Yuleidy, everything they are telling you is a lie, they want to scare you into paying, they are manipulating you, NOTHING THEY SAY WILL HAPPEN, the money you sent will never be returned to you, you have to redeem it yourself, do not send any documentation, will go against you when claiming the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

  6. George Martin Reply

    I have been scammed, they are thieves, very careful!

    • Recommended-brokers.com Reply

      Hello Jorge, do not send any documentation, it will go against you when claiming the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

  7. Sheba-2 Reply

    HELLO, THANK YOU, I WAS ABLE TO RECOVER MY CAPITAL, I REALLY THANK YOU, THANK YOU VERY MUCH!

    • Recommended-brokers.com Reply

      Hello Seba, FANTASTIC!!!, what joy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before passing the card, on our website you will find them all, read the review and the comments you find.

      If you have been affected by the same scam, you already know the way to recovery, contact CHAT or click here:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you are looking for our recommendations click HERE

      Greetings and good luck.

  8. Marta Reply

    Hello, I fell today 🙁 I only put 150 euros in and I'm asking them to return it to me immediately, they told me yes, but for that I have to send my ID and an invoice and of course... I don't trust... I make? I'll send it to you? They told me that to redeem my 150 euros I have to open a Coinbase account and I have done so….but I don't know if they do it to make me dizzy or what, I have phone numbers, names and recorded conversations and I also have a message on the that Mauro assures me that it is not a scam… please, I need you to tell me if I have to digitize the documents that they ask me for or if I give up the 150
    euros. Thank you

    • Recommended-brokers.com Reply

      Hello Marta, do not send any documentation, it will go against you when claiming the money. Thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

      • tracksuit

        Provide banking information to these people what do I do? They still don't know that I know it's a scam... I invested €250 and asked for them to be returned and they told me that they first have to work at least 20 lots.
        I cancel my bank card?

      • Recommended-brokers.com

        Hello Greece, it is better to cancel and ask for another one just in case, they will try to scam you, to recover the money ask for 200 since you are going to invest 15.000 but you hope to have them back at the end of the month and for that you want to measure the time they take in returning the money.

        Greetings.

      • tracksuit

        Send my card information to these people! What I do

      • Recommended-brokers.com

        Hello Greece, I would cancel it just in case.

        Greetings.

  9. Jorge herrero Reply

    Hello, in January I started working with ICONIC Capital, making a deposit of 500 Euros, I made operations and everything was fine, little by little the capital was increasing. They asked me to make a large deposit of 20.000 or 25.000 Euros, which of course I said no. But in the end I agreed to make a deposit of less than €1250 and I increased my capital, I made a withdrawal of €150 to see how it worked. Everything in order, although the procedure was a bit confusing through a digital wallet (Coinbase), I got excited and put in another €1000. At the end of February I had more than €7000 in my account. And suddenly they disappeared. The usual contact I had no longer had the number, or emails, or anything... In March I decided to file a complaint with the police (Spain) at least so that my complaint would be recorded to help future people.

    Interestingly now they have contacted me again, and if my account is very good I can earn much more and blah blah blah.

    When I said that I wanted to withdraw some money to verify that it worked, they told me about paying 19% tax on the money that I have in the account, that if I did not deposit that in my digital wallet I could not recover it.

    I have already sinned enough of being innocent and I consider my €2750 lost and logically I am not going to deposit anything.
    I have asked them to send me this procedure in writing, and they don't bother, that it is on the internet, that it is a public thing... in short, my message is so that the people in this forum know that ICONO CAPITAL is a SCAM.

    • Recommended-brokers.com Reply

      Hi Jorge, thanks for commenting on Iconic Capital. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to 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.

  10. Paqui Reply

    I'm hallucinating!!! It just happened to me two days ago and I'm scared because now this guy Jaime asks me through messages for bank card photos and more documentation.
    Please is this real?

    • Recommended-brokers.com Reply

      Hello Paqui, do not send anything, you will not be able to recover your capital, they are scammers.

      Greetings.

      • Paqui

        Thanks for the advice, I did so and this man keeps calling and sending very unfortunate and bad-sounding messages, I block them but they have many phone numbers, from Spain, the United Kingdom, London, etc.
        Thank you very much for your advice.

        All the best

      • Recommended-brokers.com

        Hello Paqui, you can also say that you are recording the conversation to provide it as evidence to the police and that they are already after them and tell him that you know that the name he tells you is false, tell him that you already have his for real but that The police will take care of it.

        Greetings.

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