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FXCAPE

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Operating status: SCAM

Website: https://fxcape.com/

Broker violations and abnormal records
  • Jan 10, 2024 The FCA adds FXCAPE to its warning list

    On January 11, 2024, the Financial Conduct Authority (FCA) issued a warning against FXCAPE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxcape

    On January 11, 2024, the Financial Conduct Authority (FCA) issued a warning against FXCAPE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/fxcape
  • Jan 11, 2024 BrokersView has reviewed that FXCAPE is an unregulated broker

    FXCAPE asserts that it is managed by Yuan Pay Group LTD, a company registered with the Marshall Islands Registry (IRI) under number 108742. However, it's important to understand that registration with the IRI does not imply authorization from a financial regulatory body. The IRI functions solely as a privately owned maritime and corporate registry service provider, and does not have the authority to issue licenses to or supervise forex brokers.

    Despite FXCAPE's claims of having offices in various regions, including the UK, the UAE, and Hong Kong, our investigation into this company on the registers of the respective financial regulators came up empty. The FCA has even flagged FXCAPE, categorizing it as an unauthorized firm operating in the UK.

    In essence, FXCAPE is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    FXCAPE appears to be a scam.

    FXCAPE asserts that it is managed by Yuan Pay Group LTD, a company registered with the Marshall Islands Registry (IRI) under number 108742. However, it's important to understand that registration with the IRI does not imply authorization from a financial regulatory body. The IRI functions solely as a privately owned maritime and corporate registry service provider, and does not have the authority to issue licenses to or supervise forex brokers.Despite FXCAPE's claims of having offices in various regions, including the UK, the UAE, and Hong Kong, our investigation into this company on the registers of the respective financial regulators came up empty. The FCA has even flagged FXCAPE, categorizing it as an unauthorized firm operating in the UK.In essence, FXCAPE is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.FXCAPE appears to be a scam.
  • Oct 20, 2025 BrokersView has identified that FXCAPE's website is currently offline

    BrokersView found that the domain "https://fxcape.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://fxcape.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

could you tell me FXCAPE's license number?

sonya
Micronesia
Jan 23, 2024
ANSWER FXCAPE is conducting operations without the requisite authorization from any recognized financial regulatory bodies, thereby functioning as an unregulated trading platform.FXCAPE claims to be managed by Yuan Pay Group LTD, registered with the Marshall Islands Registry (IRI). However, this doesn't equate to financial regulatory approval as the IRI is a private maritime and corporate registry and is not empowered to license or oversee forex brokers.Despite FXCAPE's claims of global offices, our checks with relevant financial regulators found no records. The UK's Financial Conduct Authority (FCA) even lists FXCAPE as an unauthorized firm (find more details of the FCA warning here).FXCAPE lacks regulatory oversight, making investments risky due to the absence of legal protections. To avoid falling victim to fraud and identity theft, it is advised to steer clear of unlicensed platforms like FXCAPE and instead choose fully regulated ones.
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1 comments

Amit Godambe
I am victim of this scam, Pls do not trust on these scammer I lost my hard earned money, saved yours, these scammer not approving any withdrawal request nor responded on chat support, nor on phone, site domain name change twice and went offline many time, they are the fraud and keep asking to deposite money by thretan you. If you ask for withdraw everytime new conditions which logically not possible. I am fighting against them for withdrwal since 1 month but all request they kept in pending and lastly rejecting. Beware of this cheap illogical scammars. I lost my $1800 is there any chanse to get my money back?
Feb 02, 2024
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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