ANSWER When selecting a trading platform, what matters most is verifying its licenses. Capital Forex Planet, upon our investigation, is an unregulated trading platform. As such, we strongly suggest you avoid dealing with it.Our investigation suggested that the regulatory information provided by this platform is fake. It is not only registered with any financial regulators, but also has been red-flagged by the British financial watchdog, the Financial Conduct Authority (FCA) as an unauthorized firm in the UK (for the full FCA warning, you can access here).Therefore, traders are advised to stay away from Capital Forex Planet, because it poses risks of fraud and identity theft. To mitigate such risks, it is recommended choosing fully regulated trading platforms with solid reputations.
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