ANSWER We strongly suggest you proceed with extreme caution and have no further dealings with Onecapital, as it is a fraudulent platform warned by a recognized financial watchdog.Onecapital claims to be the trading name of Nexus LLC, a company supposedly registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 1070 LLC 2021. However, we have been unable to locate a firm called Nexus LLC under that number in the SVG FSA registry. This means the claim is a false statement.Additionally, the Financial Conduct Authority (FCA) has issued a warning against Onecapital, saying this firm is not authorized by them and is targeting people in the UK.In conclusion, Onecapital is an illegal broker. Investors dealing with this platform are exposed to significant risks, such as financial losses and identity theft, as there are no rules in place to safeguard them. Therefore, investors are advised against trading with unlicensed brokers like Onecapital and instead to opt for a fully regulated one.
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