Report a Scam and File a Chargeback CapitalFunds

Should You Trade with CapitalFunds?

CapitalFunds is a problematic broker. It has been flagged by the FCA for lacking a license and providing misinformation on its website. The FCA has caught this broker in various misstatements. It claims to have been operating since 2005, but they have actually been around no longer than since 2019. They claim to have offices in the US, London, Singapore and other cities, but there is no proof of this. 

We Have Found Some Problems with CapitalFunds

There is a laundry list of difficulties with CapitalFunds. Its minimum to fund an account is a very high $500. It only allows withdrawals for amounts over $250 and charges customers extra if the money “didn’t execute more than 200 in turnover.” Meaning that the broker penalizes customers if they didn’t make large returns from their investment. In addition, the broker reserves the write to put aside certain client funds not to be withdrawn. 

Red Flags Concerning CapitalFunds

  • No proof of  license

  • False claims
  • Tricky terms and conditions
  • Flagged by FCA
  • Negative reviews

What Should You Do If You Have an Account with CapitalFunds?

We do not recommend opening an account with CapitalFunds. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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    Report a Scam and File a Chargeback Chelsea Investments

    Should You Trade with Chelsea Investments?

    There’s a lot of buzz about automated trading. There’s nothing wrong with this, as long as the broker offering it is licensed. Too many people have gotten burned with automated trading apps that turn out to be nothing more than a ploy to steal sensitive information. We’re not sure if this is what’s going on with Chelsea Investments, but one thing we do know is that they offer no proof of licensing, even though they claim to be regulated. 

    We Have Found Some Problems with Chelsea Investments 

    Chelsea Investments says it has a license from St. Vincent and the Grenadines, but it doesn’t prove it. Another problem with Chelsea Investments is that its fee is 7.4 pips which is extremely high. Chelsea Investments doesn’t offer any transparency into who runs it and what their qualifications are. We don’t have any reason to trust this broker and instead we recommend that you research brokers with proof of regulation and a track record of success. 

    Red Flags Concerning Chelsea Investments

    • No proof of  license

    • False claims
    • High pips
    • Negative reviews

    What Should You Do If You Have an Account with Chelsea Investments?

    We do not recommend opening an account with Chelsea Investments. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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      Report a Scam and File a Chargeback 24StockOptions

      Should You Trade with 24StockOptions Trade?

      If the name 24StockOptions Trade sounds familiar, it’s because it’s taking a similar name to a regulated broker 24 Option. Clone broker scams are unfortunately common and are one of the trickiest. That’s because they try to deceive people into thinking they are trading with a regulated broker when in actuality, they are dealing with a similar-named imposter. 

      We Have Found Some Problems with 24StockOptions Trade

      There are many problems with 24StockOptions Trade. They have no license, but try to draw customers away from a regulated broker. They feature automated trading. There isn’t necessarily anything wrong with automated trading, but many frauds offer this service to avoid direct connection with a broker. They can offer software and apps that can steal data. In addition, their leverage is a risky 1:800. This means they are likely to encourage their customers to trade on the margin, which can increase their losses. 

      Red Flags Concerning 24StockOptions Trade

      • No license

      • False claims
      • No transparency
      • Very high leverage
      • Clone broker
      • Negative reviews

      What Should You Do If You Have an Account with 24StockOptions Trade?

      We do not recommend opening an account with 24StockOptions Trade. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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        Report a Scam and File a Chargeback Trade Baionics

        Should You Trade with Trade Baionics?

        Trade Baionics claims to be “the world’s leading broker.” However, they seem to want to be obscure regarding who actually runs this brokerage and what their credentials are. Trade Baionics doesn’t have any proof of a license, and yet they are fine with posting anonymous testimonials but “customers’ ‘ who claim to have increased their investment from $500 to $4,000 in a single day. Such claims should be supported, but they give little transparency. 

        We Have Found Some Problems with Trade Baionics

        In any case, a broker shouldn’t rely on extravagant claims to encourage people to trade with them. Instead, they should prove they have a license and a track record of reliability. Instead, we saw many customer complaints consistently saying that they could not withdraw their money. These are all negative signs and can indicate that Trade Baionics is a suspicious broker. 

        Red Flags Concerning Trade Baionics

        • No license

        • False claims
        • No transparency
        • Negative reviews

        What Should You Do If You Have an Account with Trade Baionics?

        We do not recommend opening an account with Trade Baionics. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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          Report a Scam and File a Chargeback Bitcoin Luxembourg

          Should You Trade with Bitcoin Luxembourg?

          A broker may try to seem reliable, but few things can polish up a broker’s image if they have been flagged by the FCA. Bitcoin Luxembourg has been the target of a warning from this top-tier UK regulator. In addition, there are many customer complaints and other problems with Bitcoin Luxembourg practices, but they provide little transparency or reasons to trust them. 

          We Have Found Some Problems with Bitcoin Luxembourg

          Bitcoin Luxembourg provides little information about itself. This isn’t a good sign. Many of the fraudulent brokers we investigate tend to be very cagey about who they are and who runs the brokerage. We could find names or credentials to support any positive image of this broker. In any case, there is no need to dispute the finding of the FCA, who have clearly found problems with Bitcoin Luxembourg. 

          Red Flags Concerning Bitcoin Luxembourg

          • No license

          • Flagged by the FCA
          • False claims
          • No transparency
          • Negative reviews

          What Should You Do If You Have an Account with Bitcoin Luxembourg?

          We do not recommend opening an account with Bitcoin Luxembourg. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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            Report a Scam and File a Chargeback Capital Forex Live

            Should You Trade with Capital Forex Live?

            Capital Forex Live is a broker that doesn’t even manage to complete the good impression it’s trying to make. Its website is live but it’s incomplete, with the Latin nonsense text. This belies its claims that it offers cutting edge trading, such as copy trading and forex. This broker is based in Nigeria but it is unlicensed. Capital Forex Live has also been flagged by the FCA for problematic practices and a plethora of customer complaints. 

            We Have Found Some Problems with Capital Forex Live

            Having a patchy website may not seem like the biggest problem in the world. However, it is indicative of a lack of concern, preparation and professionalism. This is supported by the fact that Capital Forex Live has no license and doesn’t show any credentials. There is no transparency and we don’t know who runs this brokerage. This lack of information is often a sign that a broker is hiding something. 

            Red Flags Concerning Capital Forex Live

            • No license

            • Very poor website
            • Flagged by the FCA
            • False claims
            • No transparency
            • Negative reviews

            What Should You Do If You Have an Account with Capital Forex Live?

            We do not recommend opening an account with Capital Forex Live. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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              Report a Scam and File a Chargeback Crypto Bot Options

              Should You Trade with Crypto Bot Options?

              If a broker wants to come up with a name that will make it sound suspicious, they could come up with Crypto Bot Options. We see many scams centered around crypto bots and options and combining all of these keywords seems designed to attract as many people as possible who are desperate for crypto trading but won’t demand to see licenses. Crypto Bot Options is indeed suspicious because it has been flagged by the FCA for not having a license and for some questionable practices. 

              We Have Found Some Problems with Crypto Bot Options

              Crypto Bot Options is unlicensed and is based in Jakarta. It promises its customers daily returns for 5-20%. This is an absurd amount when you consider that most legitimate brokers never promise specific returns, and the average rate is usually 5% annually not daily. In addition, Crypto Bot Options allows its customers to fund their accounts only through cryptocurrency. A lack of payment options isn’t a good sign. 

              Red Flags Concerning Crypto Bot Options

              • No license

              • Flagged by the FCA
              • Guaranteed returns
              • Accounts funded only in cryptocurrencies
              • No transparency
              • Negative reviews

              What Should You Do If You Have an Account withCrypto Bot Options?

              We do not recommend opening an account with Crypto Bot Options. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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                Report a Scam and File a Chargeback Capital Forex Plus

                Should You Trade with Capital Forex Plus?

                Visitors to this site are invited to “experience supreme trading with us.” However, Capital Forex Plus says little about what this “supreme” trading involves. They insist on asking for personal information before providing the customer with any information about who runs them and how they create returns for clients. In addition, Capital Forex Plus offers many rewards but is vague about how they can do this. 

                We Have Found Some Problems with Capital Forex Plus

                There is little wonder that Capital Forex Plus has been flagged by the FCA. It has no license and its vague guarantees and sketchy information is typical of many of the fraudulent brokers we investigate. Even if there doesn’t seem to be concrete proof that Capital Forex Plus is a scam, it shows all of the signs of being dodgy. We don’t recommend trading with Capital Forex Plus

                Red Flags Concerning Capital Forex Plus

                • No license

                • Flagged by the FCA
                • False claims
                • No transparency
                • Negative reviews

                What Should You Do If You Have an Account with Capital Forex Plus?

                We do not recommend opening an account with Capital Forex Plus. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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                  Report a Scam and File a Chargeback AR Forex

                  Should You Trade with AR Forex Trading?

                  AR Forex Trading  says that it sets a “new standard in private brokerages.” That doesn’t necessarily mean that it’s a high standard. Most likely not, because AR Forex Trading has been flagged by the FCA. The website is poorly written and designed and uninspiring. Although content may seem to be a minor point, it can indicate a certain level of professionalism and lack thereof. 

                  We Have Found Some Problems with AR Forex Trading

                  We haven’t found any reason to refute the claims and numerous customer complaints against AR Forex Trading. It’s safe to say that the FCA is trustworthy and doesn’t raise the alarm against brokers unless they have a very good reason to. We can’t find any real information about the people who run AR Forex Trading. Instead, we recommend that you research licensed brokers and find one that is reliable instead of AR Forex Trading. 

                  Red Flags Concerning AR Forex Trading

                  • No license

                  • Flagged by the FCA
                  • False claims
                  • No transparency
                  • Negative reviews

                  What Should You Do If You Have an Account with AR Forex Trading?

                  We do not recommend opening an account with AR Forex Trading. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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                    Report a Scam and File a Chargeback Crypto Investment Solutions

                    Should You Trade with Crypto Investment Solutions?

                    Before opening an account with a broker, it’s important to do full research. If you look into Crypto Investment Solutions, you’ll see the FCA,the main financial regulator in the UK, has flagged Crypto Investment Solutions for providing services in the UK without a license. Crypto Investment Solutions, however, seems to be reliable and calls itself the “future of finance” in LinkedIN. 

                    We Have Found Some Problems with Crypto Investment Solutions

                    It seems that Crypto Investment Solutions has been dissolved. It apparently received too many complaints, both from customers and regulators. The reason it’s still worth discussing Crypto Investment Solutions is that many of these brokers re-emerge after having been shut down. Therefore, if you see Crypto Investment Solutions operating again, beware, and remember that it was flagged by the FCA. 

                    Red Flags Concerning Crypto Investment Solutions

                    • No license

                    • Flagged by the FCA
                    • Discontinued services
                    • False claims
                    • No transparency
                    • Negative reviews

                    What Should You Do If You Have an Account with Crypto Investment Solutions?

                    We do not recommend opening an account with Crypto Investment Solutions. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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