Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

West Capital

Ukraine|Scam Brokers|
5-10 years|Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://www.westcapitaltrading.com/index.html

Website

Rating Index

Contact

enquiry@westcapitaltrading.com
http://www.westcapitaltrading.com/index.html
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

West Capital Trading

Company Abbreviation

West Capital

Platform registered country and region

Ukraine

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 7
Previous Detection : 2024-03-29
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Users who viewed West Capital also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

IsandisoFX

7.48
Score
Within 1 yearRegulated in South AfricaFinancial Service CorporateMT4/5 full license
Official website

VT Markets

8.63
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

Decode Global

8.35
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose

    User Reviews

    Sort by content

    • Sort by content
    • Sort by time

    User comment

    1

    Comments

    Write a review

    Legend
    more than one year
    Unable to withdraw funds from West Capital since August. They've been constantly claiming to have launched a new app, but after its release, they forced users to deposit money to activate their original accounts. Even after activation, withdrawal remains impossible. Currently, the MT4 trading platform is also suspended, and the company has yet to address the withdrawal issue. Withdrawals seem to be indefinitely delayed, and the situation is frustrating.
    2024-01-10 10:17
    Reply
    0
    0
    26
    TOP
    Select Country/District
    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com