Europa Trade Capital Review – Who Is Europa Trade Capital?
Europa Trade Capital is an internet-based trading platform that provides you the possibility to invest in Forex, cryptocurrencies, shares, commodities, and indices. They are based in St. Vincent and Grenadines.
On top of that, we recommend you not invest in the fake brokers Crypto1Capital, Arkcoin, and FundsProMax. Do not trade with these unlicensed brokers if you want to save your money!
Company | Europa Trade Capital |
Website | EuropaTradeCapital.Com |
Address | First Floor, First St. Vincent Bank LTD James Street, Kingstown St. Vincent, and Grenadines |
[email protected] | |
Phone | +44 203 8079 683 |
Minimum Deposit | $250 |
Leverage | 1:500 |
Bonuses | 100% |
Regulation | Not Regulated |
Warning | FCA, BaFin, and FSMA |
Europa Trade Capital Regulation and Fund Security
Europa Trade Capital is not regulated by any regulatory body and its headquarters are based in St. Vincent and Grenadines, making it an offshore company. As we researched their website, we were not able to find anywhere any mention of your funds being secured.
This is considered a red flag simply because they put you and your funds at risk. It’s very important to have funds security since when you are working with a regulated broker, your funds are secured and segregated, meaning that the broker can’t reinvest your money.
Europa Trade Capital Trading Platform
As we browsed their website, the only trading platform they provide is ETC WebTrader. For now, it’s only a web-based software with mentions of the soon-to-be-released ETC mobile platform for both IOS and Android users.
This is their own brand of trading platform, which is quite unsafe. A lot of regulated brokers use MT4 and MT5 trading platforms.
Access to the platform is given upon making a deposit. Since we are unwilling to invest any money in this fraudulent company, we will have to satisfy with the information the website provides.
The company exists for over a year now, but the mobile app is still nowhere to be seen. That’s the proof they don’t care about their clients, only about their money.
Deposit and Withdrawal Methods for Europa Trade Capital
Like most untrustworthy online trading platforms, Europa Trading Capital states that the minimum required deposit is 250$. This insinuates that they are scam brokers since regulated brokers will allow you to start with as low as 5$.
When it comes to withdrawal methods and processes, it’s stated that the procedure is fast and that you will need to provide certain documents to be able to get your money back. After that, their Back Office Team will review your request.
As they said, it takes three business days to do it, and if your request is approved, it takes another five business days for your money to be back in your bank account.
Europa Trade Capital Offers a 100% Deposit Bonus
Europa Trade Capital offers its clients bonuses and promotions. It’s stated that once you deposit your funds, you are eligible for a 100% one-time bonus on top of your investment. After that, you are not able to request another bonus.
Note that the bonus part of your account is not eligible for withdrawal. Another thing they provide are promotions that are available in certain situations, but they didn’t mention which ones.
Major regulators prohibit bonuses and other incentives since they’re often abused by scheme firms. This is another indicator of Europa Trade Capital’s regulation status.
Here’s How the Scam Works
After we thoroughly researched Europa Trade Capital reviews, we came to a lot of complaints about the broker. A lot of people are saying they have been harassed both over emails and telephone calls.
Once you leave your details on their website or their third parties ads, you are going to be spammed with a lot of emails, followed by a number of calls from hidden numbers.
Once they get you on the line, they will be very pushy and persuasive to get you on board with them, offering you even a bonus on top of your investment.
They can be very charming on the phone, promising you castles in the sky, but once they take your money, they will disappear from the face of the earth.
Europa Trade Capital Summary
A brief summary of this Europa Capital Trade review would be a conclusion to stay away from it. The broker is based in Saint Vincent and the Grenadines has no financial regulations and doesn’t follow any fund safety guidelines.
In addition, trading conditions are unregulated; the company offers bonuses and other incentives with a malicious clause preventing you from withdrawals. The trading platform is basic WebTrader, simply not worth your money.
All in all, you should not invest in this phony platform, and if you already have, you should report the scam immediately.
FAQs About Europa Trade Capital Broker
What Is The Europa Trade Capital Minimum Deposit Amount?
What Is The Europa Trade Capital Minimum Deposit Amount?
The Broker requires a minimum deposit of $250, which is slightly high for an unregulated broker.
What Are The Trading Instruments Available?
Customers can trade in all major markets, including Forex, commodities, indices, shares, and cryptocurrencies.
What Account Types Does Europa Trade Capital Offer?
There are 7 account types, those being: Starter, Trader, Prime, Deluxe, Exclusive, Elite, and MVT.