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Trust Capital Review: The Truth About Trust Capital

Overview of Trust Capital

Trust Capital Review, You might be convinced that Trust Capital is a regulated and reputable broker. Heck, their website is very good-looking and convincing. But the thing is, Trust Capital Ltd is a copycat of the well-regulated brokerage Trust Capital TC Ltd. 

Because of that, if you stumble upon the fake TrustCapital.com website, you might fall victim to this investment scam, since their website is an exact copy of the TrustCapital.eu. 

And if you didn’t scroll to the bottom of the page, you would never see that the only difference between the real and the fake broker is the name of the company that owns them. And that is exactly why we decided to make this Trust Capital review, so we can give you all the details regarding this copycat scammer.

Broker Status: Offshore copycat broker
Owner:  Trust Capital Ltd
Websites:  trustcapital.com
Regulated by:  FSA
Headquarters Country: Seychelles
Operating Status:  Active
Foundation Year:  N/A
Trading Instruments: Forex, metals, indices, commodities, energies, shares.
Trading Platforms: MT4
Mobile Trading:  Yes
Minimum Deposit: $50
Deposit Bonus:  N/A
Maximum Leverage: N/A
Islamic Account:  Yes
Free Demo Account:  Yes
Accepts US clients: No

How Are You Safe at Trust Capital? Regulation and Security

As we have mentioned, the real Trust Capital is owned by Trust Capital TC Ltd, which is a Cypriot-based company that also holds a Tier 1 regulation by the local authority CYSEC. 

And then we have the Trust Capital.com scammer that is owned by Trust Capital Ltd and is based in Seychelles. Their website is the exact copy of the website the regulated broker has and you could get confused very easily. 

Of course, we wanted to run the name Trust Capital Ltd in the Tier 1 registers, but we found nothing. Honestly, it’s not surprising since they are an offshore-based brokerage. 

The only thing we did manage to find is that the mention of the Trust Capital Ltd company is in the FSA register. That doesn’t hold much as they are scammers who just tried to copy everything from the original regulated broker. 

Additionally, we want to tell you about SkyFx Trader, as they also hold no license. So, if you have been scammed by them, feel free to reach us. We can help you get a chargeback. 

An Overview of Trading Software

On the TrustCapital.com website, we saw that they offer the amazing MetaTrader4 trading platform that the original and regulated broker also has. 

That’s why we wanted to see if they really did manage to get the industry standard and veteran trading platform MetaTrader4. Surprise, surprise, there is only a basic-looking Web Trader that doesn’t even come close to the MT4 or MT5. 

It lacks many of the advanced features, such as automatic trading options, charts, monitoring, and other stuff. So it’s better to opt for the real deal, TrustCapital.eu.

Trust Capital Account Types 

On the copycats’ website, we saw that they offer only two trading account types and those are the following: 

  • Trust Solo account – $50
  • Trust Together account – $250 

The minimum deposit is low and it might be tempting to start trading with them, but you would only lose your money. 

And as for the leverage, on the copycats’ website, TrustCapital.com, there is no mention of any leverage anywhere. This is a major red flag and a sign that you are working with a fraudulent broker. 

On the real website of TrustCapital.eu, you can clearly see and find that their leverage cap is at 1:30, which follows the ESMA rules. 

The only good thing we did find on the scammers’ website is that they offer a Demo account. But either way, since they are a scam broker, don’t invest a penny with them. 

Funding Procedure at Trust Capital

As for the deposit methods, the scammer offers the following:

  • Visa or Master credit or debit card
  • Wire transfers 
  • Sticpay 

For the withdrawals, they are the same as the deposit methods but there is a 2,5% fee for all of them. The withdrawal is executed in 72 hours except for the wire transfers, which take between 2 to 5 business days. 

How is the Scam Carried Out?

Well like their website, not even their tactics are original. We mentioned it all in our Tradehall review. But once again, it’s all in those ads that you can see promising huge returns if you decide to trade with a certain broker. Once you leave your details on one of these ads all in order to learn more, their agents will first contact you by email which will then turn into phone calls.

Remember that their agents are trained in harassing you and pushing you to invest. And once they get you on the line, they will do anything and everything in their power to get you on board. Of course, the motto is the more you invest the more you will make. 

That is all a lie and just a scheme to take all of your money at any cost. Stay away from this or any other fraudster alike!  And always think twice before investing online. 

Trust Capital Summary

Trust Capital is a Seychelles-based broker that is trying so hard to copy the CySEC-regulated broker under the same name. The owner of this copycat broker is Trust Capital Ltd, while a legit broker is under the company named Trade Capital TC LTD. The website is almost identical and the only way to differentiate them is by the domain as the legit one is .eu while a copycat is .com.

This copycat is in fact regulated by FSA which is an offshore regulator and nowhere near Tier 1 regulator CySEC. The minimum deposit is $50, which isn’t too bad as many scammers will demand at least $250. As for the leverage and bonuses, we are unsure as there is nothing mentioned on the brokers’ website.

In terms of account types, they only have two, which are Trust Solo and Trust Together. And the broker allegedly offers MT4 for both PC and a mobile phone. 

FAQs About Trust Capital Broker

Is My Money Safe with Trust Capital?

Even though this broker is regulated under FSA, they are essentially just trying to copy the CySEC-regulated firm so we would not say your money is safe with them.

Does Trust Capital Offer Demo Account?

Yes, there is a free practice account you can try out before you sign up for a live trading account.

What Is The Minimum Deposit at Trust Capital?

The minimum deposit is $50, which is not that much but still a lot more than what regulated brokers are seeking.

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