DoxCapitals review – Is doxcapitals.com scam or safe?

DoxCapitals review – Is doxcapitals.com scam or safe?

DoxCapitals Key Facts

🔴 DoxCapitals sells questionable products and services. A scam sign!

🔴 DoxCapitals doesn’t operate transparently. Red flag!

🔴 DoxCapitals have no license to offer financial services. Red flag!

🔴 DoxCapitals is a brand new domain. A disturbing sign!

DoxCapitals products and services

DoxCapitals offers investment plans bringing 1% gains per day on average. Such an offer is ridiculous. The legit companies offering similar fixed-income products can’t provide more than 10% gains per year, let alone 1% every day.

People should always be cautious when dealing with businesses offering enormously high yields because it’s scammers’ trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it’s a scam, so beware.

DoxCapitals company and regulation

DoxCapitals is a trading name of DOX Capitals Corporation. The problem is that there isn’t such a company in existence. Also, there isn’t a licensed company associated with this website, So DoxCapitals.com is a fraudulent enterprise run by people who want to steal as much as possible from traders and investors. In other words, it’s a scam. We advise you to rely on licensed and adequately regulated companies only. Read on to find out why.

The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.

While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to. 

Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.

DoxCapitals address and contacts

DoxCapitals presents four different addresses, but a fake company runs it, so this is fraudulent information. However, the headquarter address is said to be Level 34, Scott Square, Scott Street, 4268, New York, United States of America. As expected, it’s impossible to link this location to the website. The contact number is +1 (321) 241 3470, a US phone clear of spam reports, which is also impossible to link. It indicates these people do not operate transparently and fill the website with misleading information to keep their identity undisclosed.

Transparency is crucial when talking about brokers and investment companies, and it’s part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it’s generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company’s legitimacy.

DoxCapitals.com website info

DoxCapitals.com is a domain name registered on 04th of January 2021, so it’s less than a month old at the time of writing. The age refutes their claims to be present on the market for more than 30 years.

It’s registered on Netherlands IP address: 185.237.147.231 co-hosting 75 websites at the time of writing. Many of the domains are linked with investment schemes.

Alexa doesn’t even rank them, so it’s a highly unpopular website people do not trust. The Alexa ranking isn’t a key determinant, but the lack of popularity isn’t a good sign whatsoever.

DoxCapitals.com uses privacy protection services to hide the ownership of the website. The latest trend in the privacy policy around the world denies it should be a problem but considering it’s an investment service we might as well consider this a disturbing sign.

Here are other shady investment schemes based on the same IP:

FxOptionProBallena Capitals
XoTradeFxEra TradeFx
Activ24TradesApexTradeCapitals
AsicMiningOptionBitCrypto24
Lucid7optionsBittFonex
BitcoinEAZDoxCapitals
EazyPayBTCAdCapitals
CoinTradingOptionsBTCMiningBase
CeloTradeFxProxyInvestment
FX Cloud Vest

Scam warning

We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority. 

However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.

Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.

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