ANSWER No, First Capitals is not legit.Our research on this company suggested that it either uses false regulatory information or misappropriates details of a legitimate counterpart to defraud investors. This is a significant fraudulent practice, revealing its intention to defraud. As such, its fraudulent activities have prompted a warning from the Financial Conduct Authority (FCA), which identifies it as a clone firm.As such, First Capitals appears to be a fraud scheme, posing significant risks including fraud and identity theft. We strongly suggest investors stay away from First Capitals and instead choose trading platforms under stringent supervision.
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