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The Unlimited Capital

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Operating status: SCAM

Website: https://www.unlimitedcapital.online/

Broker violations and abnormal records
  • 2023-04-23 The UK regulator FCA issued a warning against The Unlimited Capital

    On April 24, 2023, the Financial Conduct Authority (FCA) issued a warning against The Unlimited Capital, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/unlimited-capital-trading-unlimited-capital

    On April 24, 2023, the Financial Conduct Authority (FCA) issued a warning against The Unlimited Capital, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/unlimited-capital-trading-unlimited-capital
  • 2023-04-24 BrokersView has reviewed that The Unlimited Capital is an unregulated broker

    The Unlimited Capital claims to be regulated by several regulatory bodies, including the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Services Conduct Authority (FSCA), and the National Futures Association (NFA). However, our investigation suggests that this broker is not overseen by any regulator, and the FCA even issued a warning about it. This means that The Unlimited Capital is using false information to deceive unsuspecting investors.

    In essence, The Unlimited Capital is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    The Unlimited Capital claims to be regulated by several regulatory bodies, including the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Services Conduct Authority (FSCA), and the National Futures Association (NFA). However, our investigation suggests that this broker is not overseen by any regulator, and the FCA even issued a warning about it. This means that The Unlimited Capital is using false information to deceive unsuspecting investors.In essence, The Unlimited Capital is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

I want to trade with a platform that has islamic account. Is The Unlimited Capital a good choice?

Haley Rayden
Indonesia
2023-04-28
ANSWER The Unlimited Capital is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.The Unlimited Capital claims to be regulated by several regulatory bodies, including the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Services Conduct Authority (FSCA), and the National Futures Association (NFA). However, our investigation suggests that this broker is not overseen by any regulator, and the FCA even issued a warning about it (you can check the full warning here). This means that The Unlimited Capital is using false information to deceive unsuspecting investors.Regarding your question, we strongly suggest you avoid dealing with The Unlimited Capital since it is an unlicensed broker. Entrusting this broker with your funds or trading with it is highly risky, as there are no legal protections in place to protect the funds. Therefore, investors are suggested to stay away from unlicensed brokers like The Unlimited Capital and opt for fully regulated ones instead.
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