ANSWER We strongly advise against placing trust in Double Capitals, an unregulated broker.Currently, its domain name oddly redirects investors to a login page presented in Russian. According to our records, the broker previously provided an invalid link labeled "Regulation" to appear legitimate and enhance its website. This practice is fraudulent. Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning against Double Capitals, emphasizing that it was offering financial services or products without proper authorization.Given these circumstances, Double Capitals, operating in an unregulated environment, presents an increased risk of fraud and identity theft. To safeguard their funds from potential fraud, we highly recommend that investors choose fully regulated brokers instead of unregulated ones like Double Capitals.
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