Score

1.42 /10
Danger

ErgoCapital

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.31

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ErgoCapital · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

ErgoCapital is allegedly a financial services company registered in Spain that claims to provide its clients with various portfolios. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that ErgoCapital currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.25/10. Please be aware of the risk.\

General Information & Regulation

Products

ErgoCapital advertises that it offers various portfolios across a variety of assets, including forex, indexes, actions, commodities and cryptocurrencies.

Products

Customer Support

ErgoCapitals customer support can be reached by telephone: 991 119 433, email: ventas@ergoforex.com or live chat. You can also follow this broker on social networks such as Instagram. Company address: T Tower, San Isidro, Lima.

Pros & Cons

Pros Cons
N/A • No regulation
• Lack of transparency

Frequently Asked Questions (FAQs)

Q 1: Is ErgoCapital regulated?
A 1: No. It has been verified that ErgoCapital currently has no valid regulation.
Q 2: Is ErgoCapital a good broker for beginners?
A 2: No. ErgoCapital is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

User Reviews

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Comments

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FX1317440559
more than one year
Their Customer support speaks for itself. They put great effort into maintaining my portfolio and constantly give reminders, notifications, and recommendations based on my activities which has highly helped me achieve great numbers.
Their Customer support speaks for itself. They put great effort into maintaining my portfolio and constantly give reminders, notifications, and recommendations based on my activities which has highly helped me achieve great numbers.
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2023-03-01 15:23
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