ANSWER The website swisscapital.ltd is not legitimate. This is an unlicensed broker that has been red-flagged by the Comisión Nacional del Mercado de Valores (CNMV) in Spain.The platform claims to be regulated by a fake financial regulator. It seems that it is not regulated by any financial authorities within the Europe. What's more, its unlicensed provision of investment sevices has elicited a warning from the CNMV.As such, dealing with swisscapital.ltd could cause financial losses due to the potential fraud and identity theft. To have a safer trading environment, it is strongly advised to choose fully regulated brokers over the unregulated ones such as swisscapital.ltd.
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