Is CapFM.io a Good Broker or a Scam?
CapFM.io may seem like a regular broker, but it isn’t reliable. CapFM.io has no license and it has been flagged by the FCA as a clone scam. This happens when a broker takes on a name that is similar to a regulated broker to deceive people. This is a serious problem and can cause people to sign up to scam brokers from false pretenses. The result–the legitimate broker’s reputation suffers and customers lose money.
We Have Some Concerns with CapFM.io
The FCA has flagged CapFM.io. When a regulator issues a public warning about a broker, don’t even think about taking a chance with them. Regulators have investigated these types of brokers carefully and when they tell people to avoid CapFM.io, believe them. We looked closer and found that CapFM.io also has many negative reviews and it offers very scant information about who runs it. This lack of transparency is a red flag.
CapFM.io Red Flags
- No license
- Warning from the FCA
- No contact information
- No transparency
- Negative reviews
Lost Money to CapFM.io? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid CapFM.io and instead find a reliable and licensed broker. Take your money out of this broker–request a withdrawal. If they don’t grant it, contact us and we will help you locate your funds.