Caution! KeyOnCapital is an offshore company! Your funds may be at risk.
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KeyOnCapital Key Features
🔴 KeyOnCapital is an officially exposed scam. Avoid!
🔴 KeyOnCapital has many negative reviews on its name. A red flag!
🔴 KeyOnCapital is not transparent. A red flag!
🔴 KeyOnCapital creates unrealistic expectations. A red flag!
KeyOnCapital Products and Services
KeyOnCapital is a phony Forex brokerage that happened to be exposed as a scam scheme by CySEC. After the warning, we can only affirm that KeyOnCapital’s products and services are fictitious; but nevertheless, the spreads are too good to be true- o.1 pips for EUR/USD, so we also consider that price manipulation takes place.
They are completely anonymous and accept crypto payments only. Bitcoin and the other cryptocurrencies are proffered by scammers because they are hard to trace and payments cannot be canceled or reversed. Once the payment is made, there is no way to get your money back.
Scams involve investments with ultra-high ROIs, get-rich-quick schemes, or guaranteed profits. Always be wary of investment possibilities that offer a large return with little or no risk — if it seems too good to be true, it most likely is, so that’s potentially a scam. Also, note that during volatile times, any investment that regularly increases month after month—or that produces astonishingly stable returns independent of market conditions—should raise questions. Even low-risk investments are not entirely secure. Therefore, every time you see promises for risk-free guaranteed profits, you should remain sceptical because these people aim to create a false sense of security. Beware!
KeyOnCapital Company and Regulation
| Company: | 247SmartFX |
| Country: | None |
| Regulation: | None |
| Warnings: | CySEC |
KeyOnCapital describes itself as a “multinational firm with regional offices and trading hubs in Berlin, London, Singapore, New York and so forth. This is a bold assertion, but the truth is that KeyOnCapital is actually an exposed scam- the Cypriot regulator CySEC issued a warning against KeyOnCapital, confirming that customers should avoid it.
Almost all regulators frequently update their warning lists with shady business entities selling financial products and services without authorization. In other words, all these companies are breaching financial rules and regulations; therefore, they are unsafe and, most usually, scams. Needless to say, you should avoid any company with a warning on its name.
The US regulators are no exception. For example, SEC has its PAUSE list, including business entities falsely claiming to be registered, licensed, or located in the States. The PAUSE Program also lists impersonators, fictitious regulators, governmental agencies, or international organizations- scams, in other words. Additionally, CFTC maintains a RED list (Registration Deficient List) containing names of unauthorized foreign entities that appear to be acting in a way that requires registration with the CFTC. However, the RED list inclusion doesn’t necessarily mean that the particular entity has been caught in violation, but you’d better remain cautious.
The bottom line is that you should avoid any investment scheme with a warning on its name, and generally, any firm that’s not regulated but offers financial services.
KeyOnCapital Address and Contacts
| Address: | None |
| Phone number: | None |
| E-mail: | None |
Currently, we have no information about KeyOnCapital’s contact information- there are no addresses, phone numbers or even an e-mail we can discuss now. That being so, we can affirm that there is an absence of transparency which is a red flag to raise.
For investments, transparency is essential since you should know who is managing your money and where it actually is. Legitimate businesses always operate in a transparent manner, and they are required by law to disclose their headquarter address, phone numbers, and all legal documents that detail the provisions of the service. And our experience tells that if you can’t reach these people over the phone number provided, can’t verify the locations, or can’t confirm in any other way that the investment provider is authorized to sell financial goods, then that’s most likely a fraud. So, regardless of the warning issued, we can guess there is something wrong with the investment scheme in question.
Is KeyOnCapital Safe?
KeyOnCapital is not safe. It was blacklisted by the Cypriot regulator CySEC, and we can affirm that you’ll waste money on fraud if you deposit, so make sure to avoid it no matter what.
Scam Warning
For various reasons, dealing with unregulated investment platforms is always a terrible idea. Above all, the lack of regulation strongly signals that something fishy is going on there, as only licensed companies can provide investment services. As you might expect, scams can’t thrive in a robust regulatory environment, so consider twice before depositing with unlicensed investment providers.
A scam or a fraud is any crooked scheme devised to defraud you out of money or steal your personal information, and every scam setting is practically unregulated. Scammers work with hackers, too, and often buy bulky packages of information, including phone numbers, e-mails, social media profiles and other personal details of customers, which greatly facilitate scams. So, if someone contacts you out of a sudden, you’d better always consider the possibility that it could be a scam.
Scammers target many people and constantly evolve their approach making scams harder to recognise. In particular, the crypto scam is now booming for two particular reasons- lack of knowledge and popularity. There is a third one, too- scammers take advantage of the less regulated environment to lure people into crooked scam settings that have nothing to do with crypto at all. In any case, it’s getting harder to spot potential fraud, but warnings issued by regulators help to raise awareness, and you’d be much better off if you always research thoroughly before any investments have occurred. Markets are plagued by scammers, and it’s for real.
Олег
Down and out creatures, took away the money and that’s it. Fraudsters and cattle.
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Конченные твари , отняли деньги и все. Мошенники и скоты.