Capital Nine legit? Are the spreads really that low?

https://www.capitalnine.co/

Dear Investor,

After careful investigation, we must advise that Capital Nine is not considered a regulated and compliant broker.

The company, which claims to be operated by Capital Nine Global Limited, only discloses a registration address in Saint Lucia. While we have verified through the Saint Lucia International Financial Centre (IFC) that the company is indeed registered there, it’s crucial to emphasize that this registration grants it only International Business Company (IBC) status. This does not equate to a valid financial license. The IFC does not regulate or license forex trading or other financial brokerage activities.

Beyond this IBC registration, Capital Nine holds no authorization or oversight from any reputable financial regulatory body. The absence of proper regulatory supervision is a significant red flag when evaluating a broker’s credibility and safety.

Given the lack of legitimate regulatory oversight, we strongly recommend that you avoid investing with Capital Nine to protect your funds and personal information.