England Capital is not a licensed or regulated broker even though it states offers that look good to be true. England Capital claims to be owned and operated by England Capital Management LTD, a trustworthy broker created in 2010. But when we checked its domain, we found it was created on 21 Apr 2022. So how could it start its business in 2010? It is a red flag here.
Besides, England Capital claims it is headquartered in London, UK, and has branches in Japan, Malaysia, and Hong Kong. As per this information, we searched several regulatory bodies in the above countries, including:
1) The UK Financial Conduct Authority (FCA);
2) The Labuan Financial Services Authority (LFSA);
3) The Japan Financial Services Agency (FSA);
4) The Hong Kong Securities And Futures Commission (HK SFC).
However, we did not find any match results to England Capital in the above watchdogs' registries.
Moreover, England Capital mentions a company named "Hirose Financial", which is authorized and regulated by the UK FCA and Labuan FSA. But as per the regulatory details of this firm in the two regulatory bodies, the only approved domain of Hirose Financial is "https://hiroseuk.com/" instead of the one used by England Capital. That means England Capital has no connection with Hirose Financial.
The truth is, England Capital is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like England Capital and trade with licensed brokers.
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