ANSWER Green Capitalz is not a regulated or licensed broker.Green Capitalz, operated by Promarketing Ltd, claims to be a reliable broker under the regulation of the South Arica Financial Sector Conduct Authority (FSCA) with license number 46886. We searched FSCA and found a matching result. However, we found the approved address is not the same one as Green Capitalz presents on its website. It is possible that Green Capitalz falsely used the license information of a regulated firm. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Green Capitalz is not authorized to provide financial services in Italy. You can check the full warning from here.These proofs make it clear: Green Capitalz is not regulated by any regulators to provide forex services. Investors' funds in the broker are unsafe and cannot be protected by any laws. We would recommend traders stay away from unregulated brokers like Green Capitalz and trade with licensed brokers.
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