Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Broctagon

United Kingdom|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.broctagoncapital.com

Website

Rating Index

Contact

+44 203 854 0040
info@broctagoncapital.com
https://www.broctagoncapital.com

Licenses

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

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-06-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 583632) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Broctagon · WikiFX Survey
Danger A Visit to Broctagon in UK -- Finding No Office
United Kingdom

Users who viewed Broctagon also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

KCM Trade

7.74
Score
5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website

FXCM

9.45
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GTC

8.31
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

Broctagon · Company Summary

Note: Broctagons official site - https://www.broctagoncapital.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Broctagon Review Summary in 4 Points
Founded 5-10 years
Registered Country/Region United Kingdom
Regulation Suspicious FCA clone
Customer Support Phone, Email

What is Broctagon?

Broctagon's home page

Broctagon, with full name Broctagon Capital Solutions, is an online trading platform allegedly originating from the United Kingdoms, offers online trading services to its clients. However, the current inaccessibility of the Broctagon website poses challenges in verifying the broker's regulatory compliance and authenticity. Moreover, the broker's suspicious FCA clone status further raises concerns about its credibility and trustworthiness.

In the following article, we will try to conduct a thorough analysis of Broctagon, presenting a comprehensive and well-structured overview from various perspectives. If this topic captures your interest, we encourage you to continue reading. At the conclusion of our evaluation, we will provide a concise summary, offering a quick snapshot of the essential features of the broker.

Pros & Cons

Pros Cons
• None • Suspicious FCA clone
• Lack of transparency
• Website inaccessible

Broctagon has received a mixed reception in the market, notably skewing negative.

While there don't seem to be any identifiable advantages at the moment, a number of significant disadvantages have been pointed out. Among the most concerning issues is that Broctagon is under suspicious FCA clone condition, which raises considerable red flags. The company also suffers from a lack of transparency, an undesirable trait in any industry, but more so in finance and investments where transparency is critical to establish trust. Moreover, their website is currently inaccessible, which further hinders any attempts to learn more about the company and its operations. Prospective clients or investors are advised to proceed with extreme caution given these marked drawbacks.

Is Broctagon Safe or Scam?

When considering the safety of a brokerage like Broctagon or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: This broker, claiming to be regulated by the Financial Conduct Authority (FCA) under the license number 583632, is suspected of being a clone. Additional concerns have been raised due to the broker's non-functional website. It's crucial to verify the authenticity of financial institutions and carry out due diligence, especially when the entity displays such alarming red flags.

suspicious clone FCA license
  • User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedbacks from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

  • Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.

Ultimately, the decision to engage in trading with Broctagon is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion.

Customer Service

Broctagon provides customer support services to address the queries and concerns of its users. It facilitates this through various mediums such as email and phone calls, ensuring that clients can reach out to them for assistance.

Email: info@broctagoncapital.com.

Tel: +44 203 854 0040.

Conclusion

Despite its claim of being a UK-based online trading platform offering financial services, Broctagon has several serious concerns attached to its operations. The platform is suspected of being a clone of a Financial Conduct Authority (FCA) regulated entity, indicating a possible breach of standard financial regulations and potentially exposing traders to undue risk in an unregulated environment. Persistent problems with website accessibility further represent a lack of professionalism and accountability, negatively impacting the user experience.

To ensure their own safety, potential users should exercise caution when dealing with Broctagon, consider the importance of transparency and regulatory compliance, and opt for trading platforms that are regulated and offer reliable customer support.

Frequently Asked Questions (FAQs)

Q 1: Is Broctagon regulated?
A 1: No. It has been verified that this broker currently has no valid regulations.
Q 2: Is Broctagon a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and unavailable website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Broctagon Capital Solutions Limited

Company Abbreviation

Broctagon

Regulatory Status

Suspicious Clone

Platform registered country and region

United Kingdom

Phone of the company
  • +44 203 854 0040

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@broctagoncapital.com

Company Summary

User comment

0

Comments

Write a review

No comment yet

start to write first comment

TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

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