Triton Capital Markets (TCapitalM) was an unlicensed / offshore CFD broker, that started operating in October 2020. Their website no longer works!
Officially this broker is owned by: Karello D Buro LLC, located at: 1st Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines. The official website was at: TritonCapitalMarkets.com, and has now moved to TCapitalM.com.
(This broker is not related to FXDD, which is owned by Triton Capital Markets Ltd, and is regulated by the Malta Financial Services Authority.)
Triton Capital Markets Review
Our review of the broker called Triton Capital Markets finds, that they are offering a basic Forex / Crypto CFD trading platform, with TradingView charts. This white-label trading app offers a variety of underlying assets to trade in the categories of: Forex Majors & Minors, Crypto, Market Indexes, Shares and Commodities.
Investors and Day traders will not find a mobile trading app on Google Play / iTunes, nor will they see the popular trading app from MT5 or MT4. Minimum deposit for a basic trading account is $250, and this is pretty standard with brokers that accept “Get Rich Quick” traffic.
Offshore brokers tend to offer higher margin rates than the licensed brokers. At Triton Capital Markets, the leverage offers on Forex is as high as 400:1, and on Oil it is 50:1.
The way we found Triton Markets was because we signed up for a scam trading app, after clicking on a link in an email we received. Most people have problems withdrawing money from offshore brokers, see here.
You can find popular Crypto and Forex trading apps, listed here.
Warning! This Broker is NOT Licensed…
Only invest with a legal broker, look here
Is Triton Capital Markets Legit?
No, Triton Capital Markets does not have any license, which means they are not a regulated broker. Although they display an address in Hungary, they are not regulated by the Hungarian regulator.
The FMA in Austria warned investors in February 2021, that this broker is operating without a valid license (see below). On July 14th 2021 the FCA in United Kingdom warned investors about this broker, see here.
They show on their website an address of: Moricz Zsigmond utca 18, 1183 Budapest, Hungary. Contact phone number is in the U.K.: +442037697821. Customer service email address is: [email protected].
Scam Broker Investigator has reviewed hundreds of Forex brokers, to see if they are scams or a legitimate broker. The proper way to research your Forex broker, is by checking to see if they are licensed by the FCA United Kingdom or by ASIC Australia. If you are investing with this broker, please share your experience with other investors, in the comment section below.
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You have a lot of Crypto brokers to choose from and compare online. You should read reviews of the most popular licensed Crypto and Forex brokers listed here.