fxtrade.capalliance is a platform offering CFD trading in forex, stocks, indices, futures, precious metals, energy, and cryptocurrencies. However, upon investigation, this platform lacks a legitimate company entity and its related information presents numerous questionable aspects.
Website and Domain Information
The platform's website domain is fxtrade.capalliance.online. According to Whois lookup results, this domain was registered on March 18, 2024, indicating it is a recently registered new domain, lacking a long-term operational record.
Company Background and Registration Information
The platform's website claims it is a UK registered company with registration number 10263501 and has 23 years of financial trading experience. However, a search with the UK Companies House shows that company number 10263501 actually belongs to CRYPTOX LTD. Additionally, CRYPTOX LTD is currently proposed to be struck off by the UK Companies House.
Furthermore, the platform's "ABOUT US" page states the company was registered in Australia in 2013. Upon verification, the content of this page is copied from the broker TMGM's official website's corporate development history, and is not the actual background information of fxtrade.capalliance.
Trading Software and Conditions
The website does not display its supported trading software, requiring users to use its proprietary web-based trading system for registration and trading operations. Additionally, the platform offers trading conditions including spreads starting from 0 pips, maximum leverage of 1:500, and a minimum deposit of $1,000.
Account Types
The platform offers four types of accounts, namely:
BRONZE PACKAGE
- Minimum deposit: $1,000
- Maximum deposit: $9,999
- Investment type: Short-term and long-term
- Base currency: USD
- Service: Full IT support provided
- Referral bonus: Supported
- Hedging: Allowed
SILVER PACKAGE
- Minimum deposit: $10,000
- Maximum deposit: $29,999
- Investment type: Short-term and long-term
- Base currency: USD
- Service: Full IT support provided
- Referral bonus: Supported
- Hedging: Allowed
GOLD PACKAGE
- Minimum deposit: $30,000
- Maximum deposit: $114,999
- Investment type: Short-term and long-term
- Base currency: USD
- Service: Full IT support provided
- Referral bonus: Supported
- Hedging: Allowed
PREMIUM PACKAGE
- Minimum deposit: $115,000
- Maximum deposit: No upper limit
- Investment type: Long-term
- Base currency: USD
- Service: Full IT support provided
- Referral bonus: Supported
- Hedging: Allowed
Deposit and Withdrawal Methods
The platform's website does not clearly list its supported deposit and withdrawal methods and does not disclose processing times or fees related to these transactions.
Agency Policy and Educational Resources
The fxtrade.capalliance website does not provide an agency cooperation policy nor does it offer any trading educational resources.
Regulation Information
The platform claims to be regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (FSC).
However, upon verification, the provided Australian ASIC regulation number 436416 actually belongs to broker TMGM’s registered entity Trademax Australia Limited, not to fxtrade.capalliance.
Moreover, the provided Vanuatu regulated entity Trademax Global Limited also belongs to broker TMGM.
Company Address and Staff
The platform's website claims the company address is 71-75 Shelton Street, Covent Garden, London, United Kingdom. However, data from the UK Companies House shows no record of fxtrade.capalliance registered at this address.
Additionally, the platform lists some company staff, including:
- Kimberly Gram (CEO)
- Selena M Sancho (Financial Manager)
- Kren M Anderson (Senior Broker)
- Fiby Jacob (Shareholder & Chief Financial Officer)
- Yvoone Moore (Financial Consultant)
- David M. Medalla (Senior Broker)
However, the platform does not provide photographs of these staff, and upon investigation, these personnel details match those of a known scam platform, Legal Fx Trades Mining. The photos published by Legal Fx Trades Mining are actually sourced from publicly available images online and do not correspond to their actual identities.
Website Traffic and Template
According to data from website analysis platform Semrush, the fxtrade.capalliance website receives fewer than 100 visits per month, indicating that the platform is virtually unused.
Additionally, the website's template is consistent with several known scam platforms (such as Optim Investment, ecointradingfx, Pennystocksmarket), all of which adopt the same website design and structure, suggesting they are mass-produced websites from the same origin.
User Reviews and Brand Exposure
No user reviews regarding fxtrade.capalliance can be found online, nor are there any news reports about the platform.
Contact Information and Social Media
The platform provides only email as a means of contact:
The platform has not established any official accounts on mainstream social media platforms such as LinkedIn, Facebook, Instagram, Twitter, or YouTube.
Risk Report
Based on the information above, fxtrade.capalliance presents multiple risks:
- No Real Company Entity: No legitimate company registration information for fxtrade.capalliance could be found, indicating the platform lacks a legal entity.
- False Registration Information: The claimed UK registration number actually belongs to another company (CRYPTOX LTD), which is under proposal for strike off.
- Development History Plagiarism: The company's development history is copied from TMGM's official website content.
- No Transparent Trading Software: The platform does not explicitly list its supported trading software, only offering a proprietary web-based system, which raises concerns about trading security.
- Questionable Regulatory Information: The claimed ASIC and FSC regulatory information corresponds to broker TMGM's actual registration details.
- Questionable Company Staff Information: The staff details listed on the website are identical to those used by known scam platforms and utilize publicly available images.
- Extremely Low Website Traffic: The platform's monthly website visits are fewer than 100, indicating it is virtually unused.
- Identical with Scam Platform Templates: The website shares the same template as several known scam platforms, suggesting it is mass-produced.
- Lack of Deposit and Withdrawal Information: The website does not disclose deposit/withdrawal methods, processing times, or fees, leading to non-transparent financial movements.
- No Social Media Channels: The platform has not set up official accounts on any mainstream social media, resulting in limited communication channels and market transparency.
Overall, there are numerous suspicious elements concerning fxtrade.capalliance's information. Investors should carefully verify related information when selecting a trading platform to avoid potential risks.
