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West Capital -

Score

1.54 /10
Danger

West Capital

Ukraine

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.westcapitaltrading.com/index.html

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Comparison

Quantity 26

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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

open now

Broker Information

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Company Name

West Capital Trading

Company Abbreviation

West Capital

Platform registered country and region

Ukraine

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2024-12-23
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Survey

Danger

West Capital

Canada

WikiFX Verification

Exposure

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

West Capital doesn't allow withdrawals

West Capital continues cheating people

2021-06-29 14:52
Others

Collapse and can’t deposit. Scam

Many people are cheated. The prize was a scam to beguile you into depositing.

2020-11-18 16:04
Unable to Withdraw

West Capital scams, unable to withdraw!!!!

I withdrew in August and the withdrawal can't arrive. Now it comes up an activity which inducues us to deposit more. A series of scams!!!

2020-09-05 11:23
Unable to Withdraw

Have not received the withdrawal of 8.22

They continued to fleece investors with something called wapp, and my withdrawal of 8.22 hasn't arrived. Now they have closed withdrawal and have been coaxing investors for a month using wapp.

2020-10-04 19:36
Scam

Scam

West Capital still cheated members. Who gives you courage?

2020-09-12 13:34
Scam

Unable to withdraw. The customer service didn't reply to me. How can I get my money back

Can't withdraw funds since late July. Is there anyone who gets their money back?

2020-12-05 13:45
Resolved

Unable to withdraw

Can't withdraw for several months. Now they launch a super app. I have to deposit $100 to activate my account! Within two weeks! Keep cheating us of money!

2020-10-26 15:20
Others

WEST, fraud platform. Absconded

Don’t be cheated or invited to a group chat by him. Lead u to invest A share and make u earn some money first. And then they cheated u that they would launch new currency and asked u to play the new and lock it. Give you fake numbers but they can manipulate all things, Withdrawals are abnormal, it’s a Ponzi scheme!

2021-01-11 20:06
Unable to Withdraw

Fraud platform. Unable to withdraw. Try to cheat you of $100

Fraud platform. Unable to withdraw. Try to cheat you of $100

2020-11-14 23:55
Scam

Scam

Jiahui Liu, the ao-called leader of the Asian-Pacific region, still cheats members

2020-09-10 06:44
Unable to Withdraw

Unable to withdraw

Can't withdraw since August. Fob us off by a fake app. You should deposit to activate your former account after the app is on line. After you activate, you are unable to withdraw.

2020-11-02 18:27
Unable to Withdraw

Unable to withdraw, still temporizing, may abscond

At first, the speed of withdrawal was slow in the end of August. Now, we can’t withdraw. They have varied reasons to delay your withdrawal. What's the use of that wapp? An empty shell? Or a beta? Data transfer is not finished yet? Or I should say stolen cash? Capital risk controlled? Who controls the risk? Stolen cash is not risk controlled, so what is risk control? Insurance to protect the safety of customers' funds? Where is the insurance now? Here, we call on the majority of West Capital participants to clear their eyes and verify their losses. The only way out is to report truthfully. They should be handed over to the Chinese people's police and be severely punished by law!

2020-09-06 10:20
Unable to Withdraw

Fraud broker, West Capital

Unable to withdraw since August 2020. I wanna expose West Capital

2021-03-18 22:20
Unable to Withdraw

Can't withdraw since the end of August. It's said that the funds are regulated and we should wait patiently for WApp

When the app launched, we are asked to deposit $100 as activation fee. And make out principal be W currencies. It's really a robber

2020-11-05 19:15
Unable to Withdraw

Can’t withdraw since August

Should deposit 100 USD to activate the account after an announcement of wapp. The former account assets are transferred to this app. Or your asset will be gone and you can’t withdraw.

2020-11-03 14:00
Unable to Withdraw

Fraud platform, West Capital

I was in a stock communication group chat and there was a teacher teaching us about stock knowledge and buy and sell timing. He won everybody's trust with some shares. But then the stock market is in a bearish mood. The teacher said he knew some guys in other platforms who recommended West Capital. If we were playing the new, we'll get double profits. But I was worried about being cheated, so I didn't participate in two former activities. But many people in the group chat shared their profits. So I deposited over 40,000. Unlocking time is at 13:59, December 20. My fund had multiplied several times. Then the teacher said West Capital was going to launch a new currency by themselves which is promising. We were asked to play the new on December 17, 18. Then I deposited over 60,000 to buy 1,050 coins. I logged in at over 14:00, on December 20. But I could see nothing. And the web is disabled. Teachers and customer service are out of contact

2020-12-21 09:18

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    Legend
    more than one year
    Unable to withdraw funds from West Capital since August. They've been constantly claiming to have launched a new app, but after its release, they forced users to deposit money to activate their original accounts. Even after activation, withdrawal remains impossible. Currently, the MT4 trading platform is also suspended, and the company has yet to address the withdrawal issue. Withdrawals seem to be indefinitely delayed, and the situation is frustrating.
    Unable to withdraw funds from West Capital since August. They've been constantly claiming to have launched a new app, but after its release, they forced users to deposit money to activate their original accounts. Even after activation, withdrawal remains impossible. Currently, the MT4 trading platform is also suspended, and the company has yet to address the withdrawal issue. Withdrawals seem to be indefinitely delayed, and the situation is frustrating.
    Translate to English
    2024-01-10 10:17
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