CarbonCapitalFX Review: Risks Associated With Using This Broker
In this CarbonCapitalFX review, we expose the broker’s true colors. Finding a trustworthy broker or even a dependable source is difficult. But with us, you don’t have to worry. View our reviews of Trubyx, Platin Markets, and MigoTrade. So without further ado, let’s dive into it.
Who Is CarbonCapitalFX Broker?
Founded in 2021, the brokerage firm CarbonCapitalFX first opened for business. We cannot anticipate any positive outcomes from them because they are relatively new to the market. However, it should be noted that even established businesses can commit fraud.
It is challenging to verify who owns CarbonCapitalFX because the address they claim to be registered in doesn’t match the address in their Terms & Conditions. According to the T&C, they are registered within St. Vincent and the Grenadines, Suite 305, Griffith Corporate Centre, Beachmont Kingstown, SVG.
CarbonCapitalFX | |
Legal name: | Carbon Pro FX, LTD |
Regulation: | Unregulated |
Registered in: | Trident Trust Co. (B.V.I.) Ltd. P. O. Box 146 Road Town, Tortola British Virgin Islands reg. 2082244 BC 2021 |
Established: | 2021 |
Website: | www.carboncapitalfx.com |
Financial Authorities Warnings: | None |
Contacts: | Email: [email protected]
Phone: 888 TRADEFX /888 872 3339 24/7 support |
If a withdrawal is possible: | Yes |
Fees: | Hidden fees |
If Active on Social Media: | Yes |
Investor Protection: | None |
CarbonCapitalFX Regulation and Fund Security
After exploring CarbonCapitalFX’s website, we noticed that the disclaimer made no mention of their regulatory status. Further investigation revealed that CarbonCapitalFX is not regulated in any of the countries it is operating from.
CarbonCapitalFX is not regulated by the respectable UK Financial Conduct Authority (FCA) or the Canadian Investment Regulatory Organization (IIROC), which is where they conduct the majority of their business.
You and your money are at risk if you trade with an unregulated broker because if they go out of business, so will you.
CarbonCapitalFX Broker Profile
Trading platforms: | CarbonTrader & MT5 |
Account types: | Platinum, Carbon |
Financial Instruments On Offer: |
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Maximum leverage: | 1:500 |
Minimum Deposit: | $25 |
Commissions/bonuses: | Flat rate commission for a Platinum account/up to $25,000 welcoming bonus |
Mobile app: | Yes |
Desktop app: | Yes |
Autotrading: | Yes |
Demo account: | No |
Education or Extra tools: | Forex Education (Beginner and Advanced) and Trading Strategies |
Is CarbonCapitalFX Broker Safe?
No broker is secure in the absence of regulation. Being regulated offers security, but CarbonCapitalFX is neither regulated nor secure. Furthermore, there is no demo account available, so you essentially enter the platform blindly without even trying it out.
Additionally, it is demonstrated by their T&C that they have the right to switch your account to one of two new, private account types—ECN/GOLD or VIP—depending on the amount.
CarbonCapitalFX Traders Reviews – Sharing Experiences
Our initial look for reviews was on social media because they are engaged in it. We can notice that despite having more than 2000 Instagram followers, their like count is between 10 and 14, which suggests that the followers were purchased.
We were able to locate a few negative feedback focusing on withdrawal issues after doing some additional research. Have either this broker or another scammed you? Get a free consultation from us.
How CarbonCapitalFX Platform Reach Clients and Who Are They?
We discovered CarbonCapitalFX’s referral program after looking over their Instagram page. Offering rewards for client recommendations is one strategy for luring new business.
CarbonCapitalFX victims mostly come from:
- United States
- Canada
- Trinidad and Tobago
- United Kingdom
- India
CarbonCapitalFX claims in its disclaimer that they don’t solicit US citizens, but our study suggests that the majority of its clients are based in the US. Do not wait to be scammed. Get in touch with us right away, and we’ll locate you a reliable broker.
Deposit and Withdrawal Method
Deposits are handled the standard way with CarbonCapitalFX. Credit and debit cards, wire transfers, as well as ACH and cryptography.
For the CarbonCapitalFX withdrawal method same payment options apply. A withdrawal is possible after having your profile verified. This gives them the opportunity to delay your request, which is unfortunately common with unlicensed brokers.
CarbonCapitalFX Bonuses and Promotions
Who wouldn’t want to deposit when they hear that they could receive up to a $25,000 bonus?
Brokers utilize this strategy to draw in new investors, and over time, they may even put you in debt. That is why it’s important to find a regulated broker to trade with.
Reasons To Avoid CarbonCapitalFX Broker
The absence of any regulatory oversight is the primary justification. They also try their best to deceive individuals by making claims about big welcome and referral bonuses while being neither transparent nor secure.
They are also new to the market and, as a result of their inexperience, they don’t provide a demo account, which raises additional red flags. Contact us right away to discover a trustworthy broker.
Our Safe Trading experts’ opinion of CarbonCapitalFX broker
CarbonCapitalFX is definitely a shady broker that you should be aware of, that much is certain. They don’t provide any security for you or your funds in the absence of any regulators and lack of transparency.
Nowadays, it can be challenging to find a reliable broker, but we do know some. Request your free consultation right away, without obligation.
FAQ Section
Is CarbonCapitalFX Good?
We cannot deem a broker to be excellent simply because they are unregulated. Without regulations, you and your money are not safe. The broker CarbonCapitalFX is unreliable.
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