Caution! MotionCapital is an offshore company! Your funds may be at risk.
MotionCapital.co Key Facts
🔴 MotionCapital.co is an anonymous broker officially blacklisted by the British regulator FCA. It's an exposed scam.
🔴 MotionCapital.co promises deals that sound too good to be true- 19.7% guaranteed profit monthly. Red flag!
🔴 MotionCapital.co is a brand new website. Disturbing sign!
MotionCapital.co registration, license and regulation
The British financial regulator FCA issued a warning against MotionCapital.co, exposing this fraudulent website as a scam. It was caught red-handed for providing financial services in the UK without FCA authorisation. The illegal brokers holding no license are thieves investors have to stay away from. Regulation means safety, so rely on licensed brokers only.
Each broker presented in US have to be an NFA member and registered with CFTC.
The regulations in USA are quite heavy, compared to other domains. The capital adequacy requirement state Forex brokers have to provide minimum 20 million USD in paid-up capital to get a US license. Also clients’ funds should be kept in segregated accounts, making it impossible for brokers to misuse the capital for daily expenses.
The restrictions on Forex trading in USA includes a maximum allowed ratio of 1:50. Clients are also limited by the FIFO rule (first in, first out), meaning traders have to close their positions consequently. Hedging is also disallowed, which some traders might find restricting.
MotionCapital.co address and contacts
MotionCapital.co lists 50 Grosvenor Hill, London, W1J 8AJ as their headquarter address. However, it's impossible to confirm their presence at the location given.
The contact number they give is +44 (0) 20 3500 4588, a phone clear of spam reports.
MotionCapital.co website information
MotionCapital.co was registered at 8th of August 2020 by Key-Systems GmbH, so it’s a brand new website at the time of writing. The age isn't a problem itself, but it's a disturbing sign given the claims MotionCapital.co makes. It's on IP: 188.8.131.52, which actually co-hosts more than 1.8 million other domains.
See the websites hosted on the same IP address we've already reviewed.
Alexa doesn't even rank MotionCapital.co, so it's highly unpopular a website, meaning that too few people trust their services.
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.