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FXCG -

Score

2.21 /10
Danger

FXCG

Australia

5-10 years

Regulated in Australia

Investment Advisory License

MT4 Full License

Regional Brokers

Suspicious Overrun

High potential risk

Offshore Regulated

https://www.fxcg.com

Influence

C

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Comparison

Quantity 43

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index7.54

Risk Management Index0.00

Software Index8.22

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Capstone Global Markets LLC

Company Abbreviation

FXCG

Platform registered country and region

Australia

Company website

WhatsApp

  • 61424513018

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-12-31
  • The number of the complaints received by WikiFX have reached 38 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

FXCG

Australia

WikiFX Verification

Exposure

43 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

The profits are deducted. And accounts are frozen. Just part of the principal can be withdrawn

I can just get automatic replies from Capstone. There is 13,169 left!!!!

2021-03-20 13:48
Others

They said I was trading at a high frequency and maliciously deducted all profits.

They said that I traded at high frequency and deducted all profits maliciously. Communication was by email. Once I made a deposit, I still had to face difficulties. The deposit lasted for two weeks.

2023-10-23 16:08
Scam

Capstone's high bonuses induced heavy trading, which led to my liquidation

In January 2021, Capstone used a 25% high bonus to induce me to open an account, stipulating that I can get withdrawals and bonuses based on the number of lots, and guided me to adjust to ultra-high leverage, which eventually led to my liquidation. Capstone's act of inducing customers to make heavy trading with high bonuses is a kind of fraud to customers. I hope to expose Capstone's fraudulent behavior and return my principal of USD20,000.

2021-03-25 16:40
Unable to Withdraw

Unable to withdraw for over 2 months

Unable to withdraw for over 2 months. Kai Shi said i wasn't eligible for withdrawal because i violated regulations while trading and that i needed to Pay a security fund of $115,242. He promised that I could withdraw funds after paying it but it was my report to financialrecovery.tech that eventually got me a refund. Kai Shi lied about my being able to withdraw because after paying the security fund, he asked that i paid a clearance fee too, that was when i realized i was being deceived the whole time.

2021-03-25 22:28
Unable to Withdraw

Capstone deducts profits maliciously. Unable to withdraw

Capstone deducted my profits and froze my account in February. I hope that 111 could return my profit of $33,383.72

2021-03-19 15:17
Unable to Withdraw

Unable to withdraw

Prevent u from withdrawing funds. Ask for margin at first and them tax. But you have to wait all along. Easy to deposit but hard to withdraw. I am going to call the police. Please stay away from this fraud platform!

2021-02-19 17:53
Unable to Withdraw

Capstone fraud through bonus

I learned through Capstone’s public account that they have bonus promotion. I deposited USD10,000 and they gave me USD2,500. As a result, my account was quickly liquidated. After my time of thinking, I found that recently many customers of Capstone having been deceived. I felt that I was scammed by Capstone with a high amount of bonus. They induced me to deposit, and giving me the rebate was to eat up my principal. Please return my principal of USD10,000.

2021-03-26 10:19
Unable to Withdraw

CAPSTONE SCAM REVEALED

Capstone induced me to deposit funds through global competitions, and induced me to conduct high-frequency trading with unnecessary bonuses, which led to liquidation. Capstone is a fraud and they have been redirecting funds to trade on other markets for their own selfish interest which is why they don't allow withdrawal. I am currently working with financialrecovery.tech to get my funds back after reading someone's review here on how they helped him recover his funds. I currently have over $166,000 in my capstone account.

2021-03-26 23:07
Unable to Withdraw

Unable to Withdraw

A big liar, Capstone, because of frequent money laundering recently, asked me to pay a deposit of 200,000 yuan before I can withdraw money.

2021-01-16 10:49
Scam

The FXCG backend data was falsified, causing me to go bankrupt and lose 1.59 million yuan.

Kaishi Forex is now renamed FXCG. Through illegal means such as falsifying backend data, maliciously delaying commission payments, and unilaterally modifying inventory fees for gold short orders, I went bankrupt and lost a total of 1.59 million yuan. I now hope that the platform will help me expose it.

2024-01-03 16:10
Severe Slippage

Capstone has really serious slippage!!

Because some friends are trading on this platform, I think it is relatively reliable! Slippage like this is happened almost every time when there is market! As long as the stop loss is too small, it must be stopped according to these rules, so on this platform, stop loss is useless! Fortunately, I did not deposit very much, so it doesn't matter! It is not recommended for newcomers to choose this platform, there are so many platforms to choose from! Just PASS this one! !

2023-02-07 17:39
Unable to Withdraw

Capstone deducts my profits maliciously

On February 1, 2021, Capstone suddenly liquidated my order, saying that I violated the regulations and directly deducted my profit. I have traded with Kai Shi in 2019. It has always been a normal transaction and I have more trust in this platform. So I have sent emails many times to inquire, Kai Shi said that I want to review, and I actively cooperated. After a while, my I can’t log on my account either. After a delay of one and a half months, Kai Shi refunded part of my principal in installments, but he ignored my request to restore profit.

2021-03-22 11:22
Resolved

Unable to withdraw money

All profits were maliciously deducted on the grounds of frequent trading. And the official website cannot log in to the account and cannot withdraw money.

2023-10-18 08:17
Unable to Withdraw

Capstone- Rip off

I tried to get something, anything from my $107,000 usd Investment over the past 3 months, Capstone just lured me in and took all of my money and then blocked me from contacting them. They have support people on their website but no one replied to any correspondence as soon as i asked to withdraw， I reckon any positive reviews are from their own establishment.

2021-03-23 10:05
Unable to Withdraw

Denied Withdrawal

I made an investment of 52,000 US dollars with Capstone. As at February, I had made some considerable profits which I tried to cash, My three applications for withdrawal have been rejected and then the broker asked me to pay taxes, handling fees, etc. At first I was sceptical but I still went ahead to pay the fees after their support assured me it would be all that's required. Things went from bad to worse when the support stopped responding to my mails, they wouldn't process my withdrawal either.

2021-03-23 17:29
Scam

Sana all mag Freeze!

Capstone freezes the user's account privately and cannot withdraw funds without paying the deposit! The User want Capstone to return the blocked funds of $134,347. The user paid 100,000 to become a Silver member with Capstone and Capstone asked him to pay a deposit before he could withdraw his funds. The user paid the deposit within the stipulated time and the bank checked that the deposit had been credited, but Capstone customer service said that the funds had been intercepted and that it would return the funds to the user's personal bank account within 24 hours. However, Capstone did not return the intercepted deposit and asked the user to make another deposit, which the user said he had no more money. After the user's communication with customer service failed, Capstone blocked the user's account. The user wanted Capstone to return the blocked funds of $134,347.

2021-09-13 22:57
    Sources
    Data Source WikiFX Data provide
    Updated: 2024-12-31
    FXCG · Company summary
    FXCG Review Summary
    Founded2003
    Registered Country/RegionAustralia
    RegulationASIC, CIMA
    Market InstrumentsForex, Bullion, CFDs
    Account TypeBlade/ECN Account, Saber/ECN Account, Classic/STP Account
    Demo Account✔
    LeverageUp to 1:1000
    SpreadStart from 0.0 pips
    Min Deposit$10
    Trading PlatformMT4
    Payment MethodVisa/Master card, Wire transfer, China Union Pay, AsiaPay
    Customer SupportPhone: +44 20 7097 4323Client Support Hours: Mon-Fri 00:00-24:00
    Email: info@fxcg.com
    Physical Address: No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI 2640, Anguilla
    WhatsApp: +61 424 513 018

    FXCG Information

    FXCG, founded in 2003, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Bullion, CFDs. It is regulated by ASIC and CIMA.

    FXCG Information

    Pros and Cons

    Pros Cons
    RegulatedNo MT5 supported
    Wide range of trading instrumentsNo Islamic account
    Generous leverage up to 1:1000Limited customer services
    MT4 supportedUneasy deposit and withdrawal
    Low min deposit
    Demo account available
    Low commissions

    Is FXCG Legit?

    FXCG is regulated by ASIC in Australia and CIMA in Cayman Islands.

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
    AustraliaASICCAPSTONE GLOBAL AUSTRALIA PTY LTDInvestment Advisory License494799Regulated
    Cayman IslandsCIMACapstone Global Markets LimitedCommon Financial Service License1587670Exceeded
    Is FXCG Legit?
    Is FXCG Legit?

    What Can I Trade on FXCG?

    FXCG offers traders Forex, Bullion, CFDs to trade.

    Tradable Instruments Supported
    Forex✔
    Bullion✔
    CFDs✔
    Metals❌
    Indices❌
    Futures❌
    Options❌
    What Can I Trade on FXCG?

    Account Types

    FXCG offers 3 different types of accounts to traders - Blade/ECN Account, Saber/ECN Account, Classic/STP Account. It also provides demo accounts.

    Account TypeBlade/ECN AccountSaber/ECN AccountClassic/STP Account
    SpreadsAs low as 0.0 pipsAs low as 0.0 pipsAs low as 0.0 pips
    Minimum Deposit$10$10$10
    Leverage 1000:11000:11000:1
    Stop-out rateLow to 50%Low to 50%Low to 50%
    Commission(per lot per side) $2$4$0
    Account Types

    Trading Platform

    FXCG's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.

    Trading PlatformSupported Available Devices
    MT4 Margin WebTrader✔Web, Mobile
    MT5❌
    Trading Platform

    Deposit and Withdrawal

    The broker supports 4 types of deposit and withdrawal methods - Visa/Master card, Wire transfer, China Union Pay, AsiaPay. It charges no fees for deposits and withdrawals.

    Deposit and Withdrawal

    User Reviews

    More

    User comment

    5

    Comments

    Write a review

    Vxero
    more than one year
    Ease of trading software makes executing trades a seamless process. Minimum deposit requirements are reasonable, making trading accessible.
    Ease of trading software makes executing trades a seamless process. Minimum deposit requirements are reasonable, making trading accessible.
    Translate to English
    2024-08-01 17:57
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    0
    0
    JeepLee
    more than one year
    Jumped into FXCG excited by the awesome leverage and the variety of trades. MT4 runs like a dream here, which really spices up my trading game. But, let's be real, their offshore status does give me the jitters about my money's safety. While I'm enjoying the trade, I'm also keeping one eye open, just in case.
    Jumped into FXCG excited by the awesome leverage and the variety of trades. MT4 runs like a dream here, which really spices up my trading game. But, let's be real, their offshore status does give me the jitters about my money's safety. While I'm enjoying the trade, I'm also keeping one eye open, just in case.
    Translate to English
    2024-06-04 14:59
    Reply
    0
    0
    43