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United Capital FX

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Operating status: SCAM

Website: https://unitedcapitalfx.com/

Broker violations and abnormal records
  • 2023-08-01 BrokersView has Reviewed that United Capital FX is an Unregulated Broker

    There is no any regulatory information on its website. This broker locates in USA, but we don't find the correct information on NFA matching to United Capital FX. The truth is that United Capital FX is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    There is no any regulatory information on its website. This broker locates in USA, but we don't find the correct information on NFA matching to United Capital FX. The truth is that United Capital FX is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

I'v just made deposit in United Capital FX. But someone told me that it is a scam. Pleas check it for me.

Okullo Robert
India
2023-08-21
ANSWER United Capital FX is a scam. If you just made a deposit, please try to get your money back. If they ask you to send additional money or give away more personal information for withdrawal, please exercise extreme caution and do not send anything to them or you will suffer more losses.We have conducted a thorough investigation into United Capital FX: Firstly, while it claims to be founded in 2005, we discovered that its domain was registered in July this year. This is a red flag.Secondly, it claims that it is a licensed forex broker and has an address in the US. If it were legitimate, it would have been registered as a member of the National Futures Association (NFA). However, the truth is that there is no search results from the NFA matching this company. Therefore, its offerings of trading services are illegal.As such, we have come to the conclusion that United Capital FX is a scam. Without regulatory oversight, investors dealing with this fraudulent platform are exposed to fraud or identity theft. So our advice for investors is to stay away from unlicensed brokers like United Capital FX and choose a fully regulated one.
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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.