Capital IM Limited has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to AKRO Invest. We’ve received over 3 complaints against Capital IM Limited.
We suggest working with a trustworthy broker with specialized staff, latest tech and most importantly, customer-centric trading conditions. After reviewing 1000+ brokers, we rank the following company as the best:
Key Takeaways
Is Capital IM Limited Regulated? Do They Have a License?
Capital IM Limited’s website promotes investments in financial markets via its ostensibly created global brokerage. However, it is critical to recognize that investing in Capital IM Limited is a mistake. Fact-checking shows that Capital IM Limited is not a legitimate financial services firm. Here’s a detailed look at why it’s risky to put your money with this dodgy website and what more trustworthy options are available when selecting a broker.
One of the first indicators of a trustworthy financial services provider is clear and complete information about the organization, such as ownership, location, and licenses. Furthermore, genuine brokers offer access to extensive legal documents. While the availability of such information does not guarantee legitimacy, its lack is a clear indication of probable fraud.
For example, Capital IM Limited does not provide access to critical papers such as Terms and Conditions or a Client Agreement. There is no office address or phone number, thus the only way to reach them is by email. The website claims registration in the United Kingdom but also falsely claims regulation by the National Futures Association (NFA), which it misidentifies as the American Futures Association.
To work as a broker in the UK, a company must be regulated by the Financial Conduct Authority (FCA). However, inquiries with the FCA and NFA reveal that there is no licensed broker named Capital IM Limited. The absence of regulation is a major red flag.
Clients of regulated brokers are protected by measures such as negative balance protection and client fund segregation. EU and UK brokers also participate in guarantee schemes that protect a portion of the trader’s money if the broker falls insolvent. In contrast, Capital IM Limited does not provide any of these safeguards.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Capital IM Limited might be a scam or most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Capital IM Limited, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Capital IM Limited
After registering an account, users receive access to a basic web trading platform with limited customization choices and sophisticated capabilities. This platform is identical to those used by numerous fraudulent brokers, implying that it may be manipulated to deceive consumers into believing their money is being invested and profiting.
In contrast, licensed brokers provide established software with sophisticated features and versions for a wide range of devices and operating systems. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are industry-standard platforms with a wide range of capabilities, including significant customization possibilities, automated trading, and backtesting trade methods.
Capital IM Limited does not disclose minimum deposit amounts or provide specific trading conditions, as is customary on respectable broker websites. Furthermore, they provide restricted trading instruments and questionable payment methods, particularly bitcoins, which are popular among scammers due to the lack of refund possibilities.
Capital IM Limited provides a leverage of 1:200, which substantially exceeds the restrictions imposed by major regulators to safeguard retail traders from undue risk. Due to a lack of open withdrawal requirements or publicly available legal documentation, hidden costs and impossible-to-meet withdrawal restrictions are likely.
However, it’s worth noting that many forex scams disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, shady forex brokers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
To avoid such scenarios, it’s best to work with a reliable and trusted broker.
Capital IM Limited Customer Service: Do They Handle Complaints Well?
When it comes to forex brokers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, shady brokers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Shady brokers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
Capital IM Limited Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Even if Capital IM Limited might not be a scam, brokers like them rely on fake reviews to increase their credibility.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust the online Capital IM Limited reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Capital IM Limited, chances are, you wouldn’t find many legitimate reviews.
Another prominent way brokers like Capital IM Limited enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Capital IM Limited reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Capital IM Limited.
You should always look out for consumer complaints. In the case of Capital IM Limited, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Capital IM Limited? You can share your complaint in the comment section or submit an anonymous tip.
Is Capital IM Limited Legit Or a Scam?
Capital IM Limited is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Capital IM Limited can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Capital IM Limited?
Capital IM Limited has various problems, including misleading claims of regulation, forged legal details, a lack of legal documentation, expensive trading charges, and unsafe leverage ratios. On the other side, there are no obvious benefits to employing their services.
These serious problems, Capital IM Limited is clearly not a reputable broker. Investors should look for brokers regulated by recognized organizations like the FCA, CySEC, ASIC, or CFTC.
These brokers provide the necessary protections, transparent trading conditions, and dependable platforms, resulting in a safer trading environment. Avoiding unregulated organizations, such as Capital IM Limited, can help you avoid financial losses and protect your money.
All the evidence suggests that Capital IM Limited might be a scam. You shouldn’t risk your funds with a broker you don’t fully trust.
That’s why we recommend working with a trusted broker. That way, you can avoid any hiccups and be certain of
Frequently Asked Questions
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How Forex Scams Work
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
