AUXCapital Review – Rethinking Investing Here Is Smart Choice

As a completely anonymous company, we are wondering how they even started. Most likely, they are registered somewhere offshore. Since the company doesn’t reveal any contact or ownership info it’s hard to determine.

However, going through their website presentation you can see multiple signs of a scam at first glance. Stay tuned to our AUXCapital review to reveal them all.

As a completely anonymous company, we are wondering how they even started. Most likely, they are registered somewhere offshore. Since the company doesn’t reveal any contact or ownership info it’s hard to determine.

However, going through their website presentation you can see multiple signs of a scam at first glance. Stay tuned to our AUXCapital review to reveal them all.

Regulation of AUXCapital and Fund Security

The worst choice overall is a non-licensed broker. But if you add to that anonymity that’s a perfect recipe for a scam. With anonymous scam brokers like AUXCapital, you can’t determine what laws they should comply with. But let’s be honest. If they had any licensing they would present it proudly on their website.

Anyway, we are checking a couple of Tier 1 regulators like FCA, ASIC, CFTC, BaFin and CONSOB. Luckily, everything is easily discovered about this investment scam. Not only that they don’t have a license but there is a warning from the German regulator (BaFin). Looks like they were providing trading services to Germans without authorization.

If you didn’t know so far, now you know that this is nothing but a scam. All securities they are presenting to attract traders are possibly fictive. For example, negative balance protection that they promise.

Overview of Trading Platform

As we can see the company didn’t invest in the software either. With poorly designed web-trader they tried to attract traders. However, experienced ones that know about Meta Trader or cTrader would find this funny. Firstly, the software has only basic trading functions. Also very few analytical tools and charting options.

On top of that, there is no mobile app for iOS and Android devices. Secondly, the platform is open to manipulation. Through the back end, their agents can easily change data and make it as it suits them to extract more money.

AUXCapital Using AnyDesk and TeamViewer

Another key point is providing access to your computer. For such activities, this broker uses platforms like AnyDesk and TeamViewer. In a blink of an eye, all data can be collected. But many times happens that they ask traders to check their balance on crypto or bank accounts. However, before they even know money is transferred.

Privacy is these days most valuable thing. Don’t provide any stranger access to your devices. Unless you want to be tricked.

Account Types Available

With AUXCapital scam broker, there are 6 account types. In general, licensed brokers divide account types to attract traders to deposit more money. But they attract them with better trading conditions and other benefits.

But with shady brokers like this one, that just tells you how much money you will lose. Traders can choose between:

• Silver            $250
• Gold             $1.000
• Platinum       $5.000
• Diamond       $10.000
• VIP               $25.000
• Partner          $50.000

Important to realize is that none of these accounts have fully transparent conditions. Only leverage is disclosed and it goes up to 1:100. While in Europe maximum allowed for retail traders is 1:30.

Since the broker doesn’t offer a demo account you can’t test them out. Even though they claim to have narrow spreads that doesn’t mean anything. Especially with non-licensed brokers like AUXCapital.

Deposit and Withdrawal at AUXCapital

Generally speaking, funding methods with AUXCapital are as expected. Traders can choose between two options

• Debit/Credit card
• Cryptocurrency transfers – BTC, ETH, USDT

However, deposits with cards are limited. This leads to the conclusion that this broker prefers more anonymous crypto transfers. That’s not without a reason. They know that card transactions are reversible and traders can get a chargeback. On the contrary, cryptos are hardly traceable and irreversible. Besides, the company doesn’t have a transparent withdrawal policy, fees or processing time.

How the Scheme Was Implemented

As you could see, brokers often lure traders through social media. Whether by direct contact or marketing campaigns. They will give you anything you want just to deposit money. But the first time you do that you’ll be persuaded by their aggressive agents to deposit more.

At first glance, it all looks nice and shiny. Sometimes they tend to manipulate account balance to make you believe unrealistic truths. To get your trust to deposit more. But once you want to withdraw the profits you can expect problems. For instance, missing verification documents, AML laws or non-existent withdrawal fees. Don’t fall for it because it’s all fake.

Worth checking is our DWS Invest and Seastock24 reviews to find out more about the trading world.

Get Helpful Information Delivered Directly To Your Inbox

Our expert team is working on scamming cases for years. Everything about the transaction is their expertise. Let us know first what is your experience with this broker. But also if you were a victim of this or any other company get in touch with us.

The specialized team is there waiting for you. We can provide you with detailed information on how to protect yourself but also how to recover money.

AUXCapital Summary

AUXCapital is one malicious scam broker without any credibility. Poor trading platform without any advanced features. On top of that, the broker is not licensed and has a warning from BaFin. There’s literally nothing that should attract anyone to deposit here.

On the other hand, if you did get your money out ASAP. If assistance is needed, book your first consultation with our team today.

FAQs About AUXCapital Broker