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W2W Capital Review – Learn More About W2WCapital.Com
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W2W Capital is another scam broker with an anonymous website. We have determined this after we have fully investigated their online presence. What we have discovered is mostly fake data and half-information that only serves to make W2W Capital attract as many clients as possible.
|Minimum Deposit||250 $|
The regulation is fake considering that the leverage is 1:500, as no serious regulatory body would allow such high leverage. Although the company says it offers over 250 trading instruments including indices, stocks, currency pairs, and commodities, none of that will mean anything to you because you’ll definitely run out of money in the end.
If you want to see all the moments in which the representation of this shady brokerage on its website and reality do not match, read the W2W Capital Review to the end.
Is W2W Capital Broker Safe? Regulation and Security
As we found out on the W2W Capital website, the website is owned by W2W Capital LLC, a company registered in Saint Vincent and the Grenadines. After checking the registration it turns out that the company is indeed on the FSA register since February 2022, but has never been licensed.
This is because SVG is not in the business of issuing licenses for the forex market and CFDs. W2W Capital should be regulated by the body of the country in which it offers its financial services. But W2W Capital is not licensed by the FCA, ASIC, BaFin, or CONSOB.
This means that this broker is operating illegally since it offers its services without proper licensing. It is an investment scam, which means that the funds of its victims, as well as personal data, are at a high risk of abuse. The bogus brokerage already has warnings by CNMV, Finanstilsynet, and FSMA issued against them.
Trading Software Available
We received information on the website that W2W Capital offers a MetaTrader4 trading platform. We won’t deny, it’s one of the best trading software available today, but it won’t do you much good if it’s distributed by a scam broker.
There is one additional problem. The company didn’t buy access to the app, so you can’t download the platform, it’s web-based. In addition, fraudulent brokers regularly manipulate trading outcomes, so that the user’s money is never safe.
What Types of Accounts Does W2W Capital Provide?
W2W Capital has 5 account types. The more expensive the account, the lower the spreads and the higher the leverage. At the same time, the number of means of trading is also increasing. In this way, the fraudulent broker manipulates clients to switch to an account with a higher minimum deposit, that is, tries to extract more money from clients.
The account types are as follows:
- Classic account, with a minimum deposit of 250 dollars.
- Advanced account, with a minimum deposit of 10,000 dollars.
- Pro account, with a minimum deposit of 100,000 dollars.
- Elite account, with a minimum deposit of 500,000 dollars.
W2W Capital Trading Instruments
Users of the W2W Capital brokerage house have access to the following trading offer:
Indices – DAX30, BE20, FTSE100
Currency pairs – EUR/USD, GBP/CAD, USD/ZAR
Shares – Amazon, Adidas, Bank of America
Commodities – sugar, gold, natural gas
It is important to note that it doesn’t really matter what kind of trading instruments are offered by scam brokers such as this one. This is because no matter what you trade, you are still going to be scammed in the end.
Besides, legitimate and reliable brokers have better offers and they don’t pose a danger to your money or your personal data.
Methods of Deposit/Withdrawal
The minimum deposit at W2W Capital is $250. Payments can be made via credit and debit cards, bank transfers and cryptocurrencies, BTC, and ETH.
There is very little information on fees on their website. It’s a fact that scam brokers will do anything to disable a withdrawal request from their customers. It often happens that there are additional huge fees that make this impossible. The best option is not to deal with such a broker.
How Can I Get a Refund if W2W Capital Stole My Money?
If you invested money with the W2W Capital company, it is unlikely that fraudulent brokers will allow you to submit a withdrawal request through them and thus get your money back.
Your best option is, if you made the payment via Visa or Mastercard, to request the cancellation of the payment at your bank because by paying via these cards it is possible to cancel the payment up to 540 days from the moment of payment.
If you made the payment via bank transfer, it is possible to cancel the payment only if you can prove that you were scammed. If you paid a deposit through an e-wallet, i.e. in cryptocurrencies, retrieving your money will prove to be more difficult but it is not impossible.
W2W Capital Summary
Now it is completely clear that behind the business of W2W Capital there is fraud and that the only goal of this company is to steal money from as many people as possible and put it in its own pocket.
Even if W2W Capital was a legitimate broker, which it clearly isn’t, we still wouldn’t be able to recommend it, because it is not regulated by law, offers only a web-based platform, nor does it have clearly stated deposit and refund conditions.
We hope that we have informed you in time and that you have been saved from loss through W2W Capital brokerage house. All we can tell you is to be careful where you invest your money and where you leave your information because there are more and more scam brokers on the internet.
FAQs About W2W Capital Broker
Is W2W Capital a Legitimate Broker?
W2W Capital is not a legitimate broker.
What Funding Methods Does W2W Capital Accept?
W2W Capital accepts payments via credit and debit cards, bank transfers, and e-wallets.
Is W2W Capital a Good Broker?
W2W Capital is a fraud broker who is not to be trusted.