Syntex Capital is a foreign exchange broker founded in Mauritius in 2023, mainly providing investors with foreign exchange, metals, commodities, stocks, indices trading services, the company's official website only supports English as the language of use. In addition, the Syntex Capita official website account registration link is not working.
Company background:
Syntex Capital's official website shows that it is incorporated in Mauritius, and a query on the website of the Mauritius Department of Enterprises and Business Registration (CBRD) shows that the company's incorporation in Mauritius is true. In addition, according to the Whois query of the website's domain name registration information shows that the company's official website domain name registration on May 3, 2023, the domain name registration time is not more than 1 year ago.
Account Registration:
The real account and demo account registration links provided by Syntex Capital's official website for investors cannot be used normally.
Account Type:
Syntex Capital website information shows that the company provides investors with Standard Account, joint Account, corporate account and Islamic account four accounts, and these four accounts include ECN ACCOUNT, Standard Account, Pro, Diamond account types.In addition, the Syntex Capita website also shows the spread differences between different account types.
Trading Products:
Syntex Capital's official website shows that the company provides investors with foreign exchange, metals, commodities, stocks, indexes trading services. In addition, Syntex Capital's official website does not provide specific trading products covered by foreign exchange, metals, commodities, stocks, and indexes, nor does it provide information on commissions, spreads, minimum trading units, maximum trading units, overnight interest, etc., for specific trading products.
Margin ratio:
Syntex Capital only shows the margin (leverage) ratio information of different account types in the "Account type" on the official website, and does not provide the margin (leverage) ratio information of specific trading products covered by foreign exchange, metals, commodities, stocks and indices under different account types.
Trading Hours:
The Syntex Capital website does not provide information on the trading hours of specific trading products covered by Forex, metals, commodities, stocks and indices.
Deposits and Withdrawals:
Syntex Capital's website does not provide the channels and methods of deposit and withdrawal it supports, nor does it provide information on the currency of deposit and withdrawal, fees, and deposit and withdrawal time.
Trading Software:
According to Syntex Capital's website, the company offers MetaTrader5 trading software for investors, and Syntex Capital's MT5 software supports computer (Winodws/MacOS), Web and mobile (IOS/Android) versions. However, the Android version of MT5 software in some countries or regions, there are problems that can not be downloaded or downloaded installation speed is slow.
Regulatory information:
The Syntex Capital website does not provide regulatory or licensing information it has obtained. Syntex Capital's website shows that the result of a query by the regulatory authorities of the country of registration is that the Mauritius Financial Services Commission (FSC) website does not find any regulatory or authorisation information relating to the company.
Summary:
Syntex Capital is suspected of fraud. Although a search on the website of the Mauritius Business and Business Registration Department (CBRD) showed that the information that the company was registered in Mauritius was true. However, the Syntex Capital website does not provide regulatory or licensing information obtained. In addition, Syntex Capital's website shows that the result of a query by the regulatory authorities of the country of registration is that the Mauritius Financial Services Commission (FSC) website does not find any regulatory or authorisation information relating to the company. Judging from this, Syntex Capital is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
