BtcMarketCap Broker Review

BtcMarketCap Broker Review – How Not To Be Scammed By BtcMarketCap.com?

BTCMarketCap claims to offer “secure, flexible, and hassle-free trading.” Let’s keep in mind that offshore firms are not hassle-free, and unregulated investment firms are not secure.

In other words, what is the truth? Check out our unbiased BtcMarketCap review!

Additionally, we invite you to read our recently updated scam broker reviews of MEX Atlantic, Glenrocks and Europa Trade Capital. There is a danger to your funds with them!

1. Scam Broker Status: Unregulated
2. Regulated by: Unlicensed Company/No Regulated
3. Websites used by scammers: BitcoinMarketCap.com
4. Operational Status: Active Forex Trading Scam
5. The following organizations have blacklisted this site as a scam: FCNB / AMF Quebec / OSC
6. Owner of the broker: N/A
7. Country of Headquarters: N/A
8. Year of foundation: N/A
9. Platforms for online trading: WebTrader
10. Trading on mobile devices is not possible.
11. The minimum deposit bonus on deposit: Available
12. Trading of crypto assets: Bitcoin, Ethereum, and XRP (30+ cryptos are available).
13. Trading CFDs is an option: Yes, you can trade CFDs
14. The following trading instruments are available: Forex (FX), commodities, indices, shares, and cryptocurrencies (Cryptos).
15. Leverage maximum: 1:400
16. Not available for Islamic accounts
17. Demo Accounts are free: Yes.
18. US traders are not accepted: US traders are not accepted.
19. According to Global Fraud Protection Experts, don’t invest in this scam broker!

Is BtcMarketCap Regulated? – Why Does It Matter?

Legitimate companies quickly point out their licenses so you can even explore their offers. The home page does not provide any information about the owner or legal documents, which is a bad sign. BtcMarketCap’s regulation is also questioned.

What’s Wrong With A License? – Beware Of Fraud

In the Terms and Conditions, we found that Saint Vincent and the Grenadines law govern the broker. Since this country is offshore and not regulated for international financial businesses, we checked Tier1 registers.

There is no regulatory body overseeing the BtcMarketCap Forex broker, not even the FCA, ASIC, or BaFin. 

Scam Warnings Against BtcMarketCap

Canadians seem to be complaining about BtcMarketCap all over the place. AMF of Quebec, OSC, and FCNB have all issued warnings against the firm.

Official Warnings Issued by OSC and AMF – Evidence of Fraud

Both the Ontario Service Commission and the AMF of Quebec have published warnings against the BtcMarketCap trading scam. A second warning was issued by FCNB – the Financial and Consumer Services Commission. This regulator protects consumers against fraudulent purchases, and even they have been informed about the scam scheme BtcMarketCap.

Furthermore, beware of scammers like RubyFinance, Capital Index Fund, and 365Falcon. So,let us know if you have ever been scammed.

Where Is BtcMarketCap Trading Fraud Active?

BtcMarketCap appears to target the following countries besides Canada:

• Australia
• Turkey
• Serbia
• Austria

Only the US, Cuba, North Korea, Iran, and Syria are restricted areas, so take precautions.

Scammed By BtcMarketCap Broker? – Start the Chargeback Process Now

To sum up, if the BtcMarketCap scam has victimized you, let us know. This scam firm needs to be charged back immediately before it disappears like many others.

For a FREE consultation, contact us now via our online chat, and we’ll immediately get started on the refund!