Capoinvest Review (2023)

Is Capoinvest a scam or legit broker?

No, it is not safe to trade with Capoinvest as it is not regulated. Capoinvest broker claims to be a subsidiary of a CAPITAL GROUP INVESTMENT (LUX). The broker provides a valid registration number of this broker with the FCA (reg. 747792), but the register states it is a US based company. Meanwhile, Capoinvest claims to be located in the UK (30 Coleman Street, London EC2R 5AL, United Kingdom).

CAPOINVEST claims to be one of Europe’s leading financial institutions specializing in Forex/CFDs and Cryptocurrency trading. The broker offers various types of trading software and tools that allow individuals and institutional customers to trade Forex, CFDs and Cryptocurrency online. There is one thing that remains questionable in all the broker’s statements that they provide clients with a 100% transparent and secure form of trading. Unfortunately, after doing some research, we cannot confirm it, on the contrary, there is some information that only proves Capoinvest is not regulated and should be avoided. 

It really seems like this broker has just been using registration details of a regulated entity and that’s why investors should be very attentive here and check twice before investing with this broker.

Moreover, Capoinvest has been blacklisted by the Italian regulator CONSOB:

“CONSOB  availed itself of the powers deriving from the “growth decree” regarding the blackout of the sites (including Capoinvest Ltd (website www.capoinvestgroup.co.uk) of abusive financial intermediaries, as well as the new power introduced by Law no. 8 of 28 February 2020, regarding the blackout of the site through which the abusive bid is made.”

The pages and official sources of the international regulators’ list alert shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally. Those tools and general purpose of the regulatory bodies operate in order to enable stability of the market offerings, protect clients from potential and numerous frauds, enable reliability rules to financial service entities and more. As Capoinvest got no license to operate within the EU and other regulated jurisdictions, the broker was blacklisted and alerted by the EU authority.

Conclusion

We advise all investors and traders to avoid Capoinvest and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Alpari and XM.com.

You can also share your trading experience with Capoinvest by commenting on this review.

Capoinvest website is no longer active.