BrokersView
Search
Download
English
Sign In

Spec Capitals

Save

Operating status: SCAM

Website: https://speccapitals.com

Broker violations and abnormal records
  • 2024-09-12 BrokersView has Reviewed that Spec Capitals is an Unregulated Broker

    Spec Capitals Ltd claims to be registered in Saint Lucia under registration number 2024-00305, is a brokerage firm operated in India, which offers a range of investment products to traders, including Forex, Stocks, Indices, Commodities, Metals and more instruments for trading in global markets.

    Upon investigation, we found that Spec Capitals Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities.

    However, Spec Capitals Ltd is also not authorized and regulated by the Securities and Exchange Board of India (SEBI).

    The truth is that Spec Capitals Ltd is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    Spec Capitals Ltd is a scam.

    Spec Capitals Ltd claims to be registered in Saint Lucia under registration number 2024-00305, is a brokerage firm operated in India, which offers a range of investment products to traders, including Forex, Stocks, Indices, Commodities, Metals and more instruments for trading in global markets.Upon investigation, we found that Spec Capitals Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities.However, Spec Capitals Ltd is also not authorized and regulated by the Securities and Exchange Board of India (SEBI).The truth is that Spec Capitals Ltd is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.Spec Capitals Ltd is a scam.

Related Complaints

Q&A

I'm concerned about Spec Capitals' legitimacy.

Wilbur
Canada
9 hours ago
ANSWER Dear Investor,Yes, Spec Capitals is most likely a scam. This company claims to be registered in St. Lucia, an offshore center that offers minimal protections for investors. Without evidence of supervision by other financial regulators, we consider it a significantly risky platform, likely an unlicensed firm.Therefore, we strongly advise against using Spec Capitals to protect your funds and personal information. For a safer trading environment, it is recommended to opt for fully regulated brokers.
See more

Please check if Spec Capitals licensed.

Ana
India
2024-09-14
ANSWER Dear Investor,Thank you for reaching out. We are concerned that Spec Capitals may be a scam.The broker claims to be registered in St. Lucia. It purports to be located in India but does not provide any valid licensing information, and relevant financial regulators do not include it in their registers. It is important to note that St. Lucia does not license forex trading.Therefore, we strongly suggest avoiding Spec Capitals due to its unlicensed status and the substantial risks involved. To safeguard your funds and rights, we recommend opting for well-regulated brokers instead.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.