Europa Trade Capital is an offshore Forex / Crypto broker, that opened on December 15th 2021. Just like you, we found this broker when we registered for the Bitcoin Boom trading app, which is being illegally advertised in the Netherlands and Germany.
Official website is at: https://EuropaTradeCapital.com/. Contact email address is: [email protected]. & their phone number is +442038079683.
Many investors have problems withdrawing their money from an offshore brokers, read more.
Europa Trade Capital Reviews
Our review of the brokerage firm Europa Trade Capital finds, that they are offering a the basic Forex / Crypto CFD trading platform from Finantick. This trading platform offers you a variety of underlying assets for CFD trading in the category of: Forex, Crypto, Market Indexes, Shared and Commodities. TradingView charts are the default charting software on this platform.
Serious investors will not find a mobile trading app on Google Play / iTunes, nor will they see the popular trading platforms from MT5 or MT4. The minimum deposit for a new trading account is usually $250, when dealing with a broker like this one.
Deposits are only possible with a credit card purchase of Crypto. They are using the payment gateways of Bitnomics or CoinTandem.
Offshore brokers tend to offer higher margin rates than the licensed brokers. At Europa Trade Capital, the leverage offered on Forex is as high as 500:1, and on Crypto 100:1. You can find popular Crypto and Forex trading apps, listed here.
Fake Crypto Trading Apps
The way you encountered this broker, was by registering for a the trading app called Bitcoin Boom. Before investing money in a trading algorithm app, you should know that 99% of people lose their money that way!
Automated trading apps are marketed online via spam email and fake news websites. You should take a few minutes, and learn how the Crypto Investment Scams operate, read this article.
Is Europa Trade Capital a Legit Broker?
No, Europa Trade Capital does not have a license, which means they are not a regulated broker. On June 21st 2022, BaFin in Germany warned investors not to use this unlicensed company.
The actual company that owns this broker is FD Trade LLC. They are located at: First Floor, First St. Vincent Bank Ltd James Street, Kingstown, St. Vincent and the Grenadines.
Warning from the SVG Financial Services Authority; “Forex trading brokerage activities are not licensed in St. Vincent and the Grenadines.” read more.
Scam Broker Investigator has reviewed hundreds of Forex / Crypto brokers, to see if they are scams or a legitimate broker. The proper way to research your broker, is by checking to see if they are licensed by the Netherlands Authority for the Financial Markets (AFM). No matter where you live, you should only be using a regulated broker.
Read the reviews of popular licensed CFD brokers listed here.
Compare Brokers
You have hundreds of brokers to choose from online, therefore, you should try out an established regulated broker first.
ForTrade is one of the fastest growing online brokers today. They offer investors a unique trading platform, Free Trading Signals, MetaTrader4 and more. ForTrade is licensed & regulated in Europe, Canada and Australia.
Start with a Free Demo Account, Signup here.
If you are already currently investing with Europa Trade Capital, share your experience in the comments section below.