Forex Capital Funds has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Ryze Funding. We’ve received over 7 complaints against Forex Capital Funds.
Forex Capital Funds (FCF) positions itself as a supporting prop firm, however it fails to deliver on its claims. Many traders complain about unsafe financial conditions, technological challenges, poor customer support, and hidden fees. The evaluation procedure is regarded as being unduly harsh. The firm’s lack of regulatory control raises concerns since it leaves victims with little redress.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Forex Capital Funds Regulated? Do They Have a License?
Forex Capital Funds (FCF) presents itself as a prop firm looking to improve the trading industry, however the truth is far from that. They claim that their objective is to empower traders globally by unlocking their potential, yet many have found these claims hollow. FCF’s financial assistance frequently places traders in risky situations, unable to deliver on their promises of success.
Despite FCF’s claims of competence and great trading conditions, many customers describe a subpar platform with various problems. The alleged “right trading environment” frequently falls short, leaving traders dissatisfied and disillusioned. Their review process, which they claim distinguishes true traders from speculators, has been condemned as arbitrary and overly severe, rejecting many skilled individuals.
FCF claims to provide financial assistance to talented traders seeking to improve their skills and realize their potential. However, many dealers are left behind and struggling as a result of FCF’s irregular and unpredictable financial aid.
While FCF offers an unrivaled trading platform with excellent conditions, many traders report technical difficulties and bad customer service. Their evaluation plans, advertised as benchmarks to discern genuine traders, frequently appear to benefit the corporation rather than the traders.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Forex Capital Funds is a scam and 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 Forex Capital Funds, 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 Forex Capital Funds
FCF’s perks, including as substantial gain splits and affordable pricing, are frequently eclipsed by numerous complaints about hidden costs, unrealistic targets, and delayed reimbursements. Their vibrant Discord network, which is marketed for participation and instruction, is frequently filled with angry traders expressing their unpleasant experiences.
FCF’s two- and three-phase evaluation processes are commonly criticized as unnecessarily difficult and unjust. Many traders become locked in an ongoing cycle of evaluations, unable to secure a funded account. The promise of bi-weekly reimbursements is frequently broken, with traders encountering lengthy delays and bureaucratic difficulties.
Despite promising an 80% potential gain split to traders, FCF’s payout mechanism is known for inefficiencies and delays. Their collaboration with ThinkMarkets provides little comfort, as traders typically face challenges with narrow spreads and leverage constraints
However, it’s worth noting that many scammers 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, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Forex Capital Funds Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers 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.
Scammers 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.
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Forex Capital Funds 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.
Scammers like Forex Capital Funds tend to purchase fake reviews for their online profiles to make themselves seem more credible.
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 Forex Capital Funds 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.
This Trustpilot review was written by user Yacine DJEMIL. Yacine gave a one-star rating and named the review “Scammers.” The review outlines a terrible encounter with a company called Forex Capital Funds. Yacine contacted the corporation for a payout, but was ignored and eventually blocked on Discord when they enquired about the problem. Despite repeated contact with the company over the last month, it has refused to fulfill its commitments to paying consumers.
In the case of Forex Capital Funds, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Forex Capital Funds enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Forex Capital Funds reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Forex Capital Funds.
You should always look out for consumer complaints. In the case of Forex Capital Funds, 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 Forex Capital Funds? You can share your complaint in the comment section or submit an anonymous tip.
Is Forex Capital Funds Legit Or a Scam?
Forex Capital Funds 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 Forex Capital Funds 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 Forex Capital Funds?
All the evidence suggests that Forex Capital Funds is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Forex Capital Funds a scam?
Can I withdraw money from Forex Capital Funds?
Where is Forex Capital Funds Located?
How do I get my money back from Forex Capital Funds?
How The Forex Capital Funds Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
