- Aug 24, 2026 BrokersView has found that First Trade Capital appears to be a scam
First Trade Capital claims to be authorized by the Cyprus Securities and Exchange Commission(CySEC) and the Seychelles Financial Services Authority (FSA). However, our search of the official CySEC and Seychelles FSA licensee register found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading.
Besides, First Trade Capital does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess First Trade Capital as a likely unlicensed or fraudulent broker and advise extreme caution.
First Trade Capital claims to be authorized by the Cyprus Securities and Exchange Commission(CySEC) and the Seychelles Financial Services Authority (FSA). However, our search of the official CySEC and Seychelles FSA licensee register found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading.
Besides, First Trade Capital does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess First Trade Capital as a likely unlicensed or fraudulent broker and advise extreme caution.
- Jul 21, 2026 The FCA issues a warning against First Trade Capital
On Jul 22, 2026, the Financial Conduct Authority (FCA) issued a warning against First Trade Capital, believing this company might be providing financial services or products without proper authorization in the UK. You may visit: https://www.fca.org.uk/news/warnings/firstradcapitalcom
On Jul 22, 2026, the Financial Conduct Authority (FCA) issued a warning against First Trade Capital, believing this company might be providing financial services or products without proper authorization in the UK. You may visit: https://www.fca.org.uk/news/warnings/firstradcapitalcom
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