Capital Forex Planet
On 18 December 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Capital Forex Planet was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/capital-forex-planet
On 18 December 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Capital Forex Planet was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/capital-forex-planetAccording to its website, it claims regulated by 11+ regulators across 5 continents, but upon investigation, there is no matching information was found in the Australian Securities & Investment Commission (ASIC), Australia Government (AUSTRAC), Federal Financial Supervisory Authority (BaFin), Cayman Islands Monetary Authority (CIMA), Vanuatu Financial Services Commission (VFSC), Monetary Authority of Singapore (MAS). As for the Financial Services Commission (FSC) and Financial Market Authority (FMA) mentioned, the specific jurisdictions are not given, so there is no way to verify them. Coupled with the results of previous verifications, we can infer that the dealer's claims about supervision are false. Similarly, the ESCA and TFG mentioned in our search website is not an agency that regulates foreign exchange.
In addition, it claims regulated by Company House (CH), upon investigation, we found the matching information, but the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Capital Forex Planet was providing financial services or products in the UK without authorisation, mere registration with the CH doesn't mean being authorized to provide financial services or products in the UK legally.
In essence, Capital Forex Planet 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.
Capital Forex Planet is unequivocally a scam.
According to its website, it claims regulated by 11+ regulators across 5 continents, but upon investigation, there is no matching information was found in the Australian Securities & Investment Commission (ASIC), Australia Government (AUSTRAC), Federal Financial Supervisory Authority (BaFin), Cayman Islands Monetary Authority (CIMA), Vanuatu Financial Services Commission (VFSC), Monetary Authority of Singapore (MAS). As for the Financial Services Commission (FSC) and Financial Market Authority (FMA) mentioned, the specific jurisdictions are not given, so there is no way to verify them. Coupled with the results of previous verifications, we can infer that the dealer's claims about supervision are false. Similarly, the ESCA and TFG mentioned in our search website is not an agency that regulates foreign exchange.In addition, it claims regulated by Company House (CH), upon investigation, we found the matching information, but the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Capital Forex Planet was providing financial services or products in the UK without authorisation, mere registration with the CH doesn't mean being authorized to provide financial services or products in the UK legally.In essence, Capital Forex Planet 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.Capital Forex Planet is unequivocally a scam.BrokersView found that the domain "https://www.capitalforexplanet.net/" 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://www.capitalforexplanet.net/" 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.
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