Is CoinCapitals a scam? Thanks.

https://coincapitals.net/

Dear Investor,

Thank you for reaching out to us. Our investigation suggests that CoinCapitals is a potential scam.

CoinCapitals exhibits similarities in content and graphic design with several fraudulent brokers, utilizing a similar website template to create a seemingly professional online presence. However, we have not discovered any credible information indicating that CoinCapitals is properly registered or licensed. Additionally, the Federal Financial Supervisory Authority (BaFin) has issued a warning against CoinCapitals.

Therefore, we strongly advise against using CoinCapitals to protect your investments. It is crucial to thoroughly research your chosen brokers, particularly their licensing, to reduce the risk of fraud.