HighTrustCapital Review: Lies About This Fraudulent Broker
Do you want to start trading forex, commodities, shares, and crypto assets with the phony website here? You should check this HighTrustCapital review. Let’s dive into more details!
Furthermore, we advise you to avoid using dubious brokers, such as TargoSwiss, TitanCFD, and Broker Capitals.
|Forex, Crypto, CFDs
HighTrustCapital License and Regulation
It is essential to check the license and regulation of a particular broker. HighTrustCapital’s web page appears to be entirely anonymous. Another thing to worry about is that it has an obscure company name – Moon Media LLC. Also, there is no business data available in the presentation.
However, we have no clue where Moon Media LLC may be based. The same goes for who the real owners might be. There is no business address, phone number, or anything about authorization. This is a clear indicator that we are dealing with an investment scam.
Why Choose a Licensed Broker’s Platform?
If the broker’s web page is fully anonymous, it cannot be anything other than an investment scam. What’s more, you can be sure that this broker is unlicensed and risky.
If you look at the sites of Tier 1 regulators like the FCA or BaFin, you will find nothing. Be sure that your provider is enlisted with these authorities. It will save you any additional troubles, by all means.
HighTrustCapital Trading Software
HighTrustCapital kept promoting its avant-garde trading platform on-site. However, when the time for results arrived, it unsurprisingly failed. They have a superficial web trader with limited elements and tools. This is far away from the all-powerful software promoted by the broker scam.
Always look for regulated brokers that can offer you the best software in Meta Trader 4 & 5. Furthermore, never forget that licensed status is essential.
Available Trading Instruments at HighTrustCapital
Speaking of account types, this is where the evil broker probably went napping. You are able to see “Choose your account type” as a title and nothing else. They cover various trading assets.
HighTrustCapital claims to offer the option of trading in Forex pairs, crypto assets, and multiple stocks. This is not that important as they have a poor trading platform.
Tip: Individuals and firms that market systems—like signal sellers or bot trading—often sell products that are not tested and do not yield profitable results. Keep this in mind!
Deposit and Withdrawal Methods
HighTrust Capital claims that you can deposit with bank wire transfers and credit cards. However, it can only be via a third-party provider PayPound. At the moment, credit card payments are not accepted. What’s more, keep in mind that it is pretty expected for scam websites to insist that you make your deposit in crypto coins. Why?
Well, your payment will prove to be entirely irreversible. It will be too late after you realize you are dealing with cyber fraud and try to recover your stolen cash. It is a known fact that crypto transactions are encrypted.
What if your payment is made more traditionally, and something goes wrong? In that case, you will still have a possibility to recover your stolen funds by filing for a chargeback at the card issuing institution. You should do that straight away if dealing with anonymous scammers like HighTrust Capital.
Tip: It’s advisable to leave reviews about HighTrustCapital and other shady brokerage platforms. This prevents the spread of brokers involved in fraudulent trading activities. Moreover, seeing complaints about the broker helps narrow the list of cyber fraud victims.
Offshore Brokers’ Scam – How Does It Work?
Scammy offshore brokers work in many ways. As a matter of fact, you will see withdrawal complaints and issues. After that, there are abnormal fees. Keep in mind that there are extremely high fees, repeatedly surpassing 20%. Those fees will be called withdrawal processing fees most of the time.
Also, there’s a profit fee. Fraudulent websites will want you to pay these in advance before initiating a withdrawal request.
Furthermore, there are unreasonable assured returns. This one is another famous scam scheme that you should be mindful of. Fraudsters will always promise you assured returns. Be aware that trading with highly leveraged instruments bears considerable risks. Any broker scam will try to persuade you that your returns are guaranteed.
Stay with brokers regulated in the EU, the United Kingdom, and Australia. These need to post a warning about the exact percentage of people who lose cash on their platforms. This goes without saying!
HighTrustCapital broker doesn’t have any regulations and their platform is poor. Moreover, the address seems to be completely fake as the real location is unknown. Likewise, the payment processor is entirely shady. It states that you can withdraw your funds only with a third-party provider. Ultimately, there are way too many withdrawal issues and complaints.
Make sure to review all the Forex businesses carefully. Always do this before you complete any transaction. We hope that our HighTrustCapital broker review was beneficial to you.
FAQs About HighTrustCapital Broker
Is My Money Safe with HighTrustCapital?
Due to many complaints about the broker, your money is not safe with HighTrustCapital. Be aware of this.
When Was HighTrustCapital Founded?
The domain was registered on 2022-06-12.
How Long Do HighTrustCapital Withdrawals Take?
It is unknown how long withdrawals take. This is due to the fact they are non-existent.