GitexCapital Review: A Dangerous Broker to Avoid

GitexCapital Review
  • Fund Safety
  • License and Registration
  • Contact Details and Customer Support
0.5

Summary

GitexCapital is offering bonuses to investors. This may seem like a decent offer, but consider that you won’t be able to cash out unless you meet their utopic requirements.

GitexCapital is targeting rookie investors in the market. The entity states that this is the place to be in case you are worried about where to start. They brag about having several years of experience in the industry. Unfortunately, it is sad that the scheme is using false information to win over investors. Fund safety is something you should not expect from a discrete investment company.

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This is a recently established scheme. We find it unrealistic that they would be lying about such minor details when anyone on the internet can check when a firm was founded. We discredit them as a genuine venture. Another worrying factor is that the broker does not reveal the people handling investors’ funds. 

GitexCapital is an anonymous company. It is, therefore, absurd that the firm is speaking about transparency. The broker is talking about the use of technology. However, the mode of trading is unknown. Our only advice is that you stay away from offshore brokers. 

The venture is a dubious entity that is like most of the other scams. Their survival in the industries is doomed. You should not waste your time or money in this losing firm. You may have encountered their adverts, or their marketers persuaded you to join the entity. 

In the long run, only settle with some of the leading forex trading schemes. These are entities that focus on the growth of their customers. You will yield real-time profits. Their clients are pleased with the results and endorse the schemes. 

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Once you join GitexCapital, you will be dealing with tactical con artists. These are individuals that have mastered the skill of stealing from innocent people. They will trap you by playing with the figures in your account. It will appear as though you are winning. However, if you attempt to cash out, the company will change the narrative. 

Before you realize what is happening, it is probably going to be too late. This is an SVG company that is risky. All their promises are misleading. There is no reason why you should grant the firm credit. Take our warning seriously and select the best entities in the scheme. 

GitexCapital showers itself praises, but once it comes to showing results, there is nothing to offer. An SSL certificate should not convince this is a safe broker. Your data is prone to landing in the wrong hands. The founder of the venture is also unknown. This is a jack of all trade. They claim to trade forex, cryptocurrency, shares, indices, commodities, and metals. 

Trading Conditions of GitexCapital

The way GitexCapital praises the technology behind their trading software, we were expecting a MetaTrader. However, the only available interface is a web-trader which has basic features. The entity has an undesirable spread of 3 pips. This is not worth the take. The average market standard is 1 pip. 

The leverage that traders should expect is 1:100. It may seem like a decent offer, but there is a reason financial bodies limit the ratio to 1:30 and 1:50. You will be trading in dangerous conditions. Once you lose, the broker will benefit. This is a firm that is looking after its well-being. 

Withdrawal and Deposits

The payment method available is one; debit and credit cards. The least amount that the entity allows traders to deposit is $250. It is a good thing, and in case things go south, you can issue a chargeback from up to 540 days. 

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GitexCapital is offering bonuses to investors. This may seem like a decent offer, but consider that you won’t be able to cash out unless you meet their utopic requirements. The broker needs investors to trade a volume of their deposit and 25 times the incentive they take. 

It is hard to comprehend what the venture means 25 times. This is not a mistake considering that the experience is a fraud. They will try their level best to withhold your withdrawal. Your money will be trapped in their website. Furthermore, we are yet to see anyone who has successfully withdraw funds from the company. 

Regulation Status of GitexCapital

The parent company of GitexCapital is based in St Vincent and the Grenadines. This is one of the shady areas that does not have a financial regulator. Therefore, entities exist here without following any rules. There are several financial watchdogs in the industry that ensure consumers are protected against fraudsters. 

For instance, for a venture to operate legally, it must deposit a significant amount of capital. The money can be used to compensate traders in case the firm faces bankruptcy. You won’t receive a penny once this venture exits the industry. 

Your information is in severe danger with this firm. GitexCapital overlooks the government requirements. They even choose a haven to run their business unruly. The venture can result in considerable losses to its clients. 

Trade with top-rated companies that follow strict rules of the financial watchdogs. There are several advantages that you will enjoy. The people that run these companies are also well-known and qualified. You can as well check the results of the firms.

Contact Details and Customer Support

GitexCapital location is a significant concern. Investors should be mindful of offshore companies, no matter how legit they may seem. The information of users is in danger. This is the kind of venture that sells your data to criminals and third parties to increase their income. They may even use the info to manipulate you.

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They have a phone number and an email address, but this is not an assurance you will get a response from the company. Offshore schemes have unethical teams that can even be rude once you try to get back your funds. The authority will also not be able to come to your rescue once the entity exits the industry. 

The Domain Insight

GitexCapital.pro is a broker that has been in the market since June 2021. However, the entity will exit the industry after one year. Their registration is also expected to expire at that time. The individuals behind this platform are anonymous. They are making it hard to track them after their system collapses. The global traffic visiting the firm is 4,192,505. You will only be a guinea pig if you decide to grant the entity the benefit of the doubt. 

Final Verdict

GitexCapital is a company that will shortly live in fame. The platform is not worth the take. The only thing that you can expect from the firm is a bad outcome. Why would you risk sharing your data with criminals? The orders that the broker states it execute in a day there is no evidence. 

The venture also states it sends trading signals 24/7. However, how do we know these are winning trades? Doubts surround the entity. They will pull you behind instead of making you reach your goals. This is why the entity is trying its level best to remain anonymous.

Trade wisely by choosing some of the best forex trading companies on the planet. You are in the right place if you want to enjoy the best safety. You will boost your trading skills with the brokers. They have professionals to guide you in your trading activity as well. 

 

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