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admiral capital-markets

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Is it a reliable broker?
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Gabon
2023-04-23
ANSWER Admiral Capital Markets is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.Admiral Capital Markets doesn't provide necessary company information such as office address and phone numbers. This is a red flag as regulated ones always prominently and clearly display their contact information to facilitate trading. In addition, this broker claims to be a trademark registry under AN ALL NEW INVESTMENTS (VA) LIMITED – an investment firm regulated by the Vanuatu Financial Services Commission (VFSC). We searched for this company on VFSC website and did find it. However, the email address of this VFSC-regulated company was different from the one shown by Admiral Capital Markets. Based on the email address, we verified that they also have a different domain name. This means that Admiral Capital Markets is most likely using the details of a legitimate firm to make itself appear legitimate.Regarding your question, Admiral Capital Markets is not reliable. Entrusting this broker to control and hold your funds or trading with it is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors avoid dealing with unlicensed brokers like Admiral Capital Markets and choose fully regulated ones instead.
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