ANSWER Capital Base is not a licensed or regulated broker even though it states offers that look good to be true.Capital Base claims to be owned by Evolve Consulting LLC, a company registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with number 2352LLC2022. We indeed found a match result in SVG FSA. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Capital Base was not authorized to provide financial services. You can check the full warning from here. The truth is, Capital Base is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Capital Base and trade with licensed brokers.
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