Scam - Honest Capital real scam reviewsPaul Roberts 29 / May / 22 Visitors: 715
From time to time there are brands providing Forex brokerage services. To help you understand who you can trust, our staff wrote a review of Honest Capital operating in the UK.
Our employees have read the honestcapital.pro website, information from open sources.
Honestcapital.pro website - overview
honestcapital.pro is a standard website with very little information. We are immediately offered to get acquainted with the tariff plan, register an account and “start earning”.
Contact information - phone number and specified address.
No data was found about the experience of providing services, existing contracts and regulatory papers, algorithms for cooperation with clients.
In addition, for the honestcapital.pro review, we analyzed the domain name data. It turned out that the domain name exists for less than thirty days.
You can read more information after registering.
Therefore, we can confidently say that too little data is provided on the honestcapital.pro website, which accordingly gives rise to concerns.
Honest Capital overview - official company address
After analyzing the legal address published on the official website honestcapital.pro, our experts have identified a large number of references to illegal fraud related to Forex fraud.
Our specialists did not find evidence that there is a functioning organization at the address with honestcapital.pro.
It is also annoying that the official address of Honest Capital is not in the UK, where the organization operates, but in another state.
Honestcapital.pro review - phone
After analyzing the phone, we found information about its use in illegal activities. Previously, the phone was also used by scammers who pretended to be Forex brokers.
Honest Capital Review - Web Mentions
An extremely important part of the Honest Capital review is the study of references on the Internet. On the website honestcapital.pro, our staff found several similar, paid reviews with fake faces and fictitious personalities.
In the search engines, the results showed our experts many negative reviews and honestcapital.pro reviews.
Mostly, traders write about the inability to receive their investments, the incomprehensible operation of the service, and the impolite behavior of the administration.
That is, judging by the reviews on the Honest Capital network, they are scammers.
Gifts for creating an account from Honest Capital
Mostly, newly established Forex firms offer freebies to registered clients for creating an account. Most often, these are various pleasant little things, namely, consultations of analytics specialists. However, on the website honestcapital.pro and in advertising, our experts found information about gifts in the amount of the first deposit. You need to keep in mind that these are the funds that the Internet broker gives traders to work on Forex, and not invented coins that do not go beyond the service.
This is very suspicious because with such gifts, the time to receive income from the user is delayed, with serious spending.
We can conclude that the reason is the unusual generosity of Honest Capital, but in practice everything is much simpler. Funds are not withdrawn outside the system, since all the activities of honestcapital.pro are fraud.
Account types for Honest Capital
On the Honest Capital website, you can actually find many types of accounts that differ not only in trading rules, but also in the size of initial deposits. This is a common technique to motivate people to invest more, get a more expensive account.
Clients can be offered personal expert advice, insured transactions, access to exclusive information. However, all this is a scam, only needed to pull out investments.
You need to understand that no matter how much money you invest, they will go to criminals, since honestcapital.pro are criminals.
Leverage is a standard tool for conducting transactions on Forex, which allows you to trade for an amount significantly larger than the client has. The missing deposits are dealt with by an Internet broker. Firms that provide their clients with the opportunity to close deals with high leverage take a big risk, so they provide this opportunity only to proven players. But Honest Capital are criminals, so they use leverage to drive their people into debt and demand payment of a fake debt.
Deposit return time
Users trade in the Forex market to make a profit. Of course, this is unrealistic without the withdrawal of funds. So that begs the question: "Does Honest Capital have a timeline to receive funds"? On the website, our experts found mentions that the receipt of money occurs in an instant and without commissions. In fact, even serious, legal brokers do not always offer such working conditions. What's the catch?
The fact is that Honest Capital are scammers and do not plan to give traders the opportunity to receive money. Therefore, Honest Capital is ready to promise attractive conditions. But all their suggestions are empty.
Reviews were written before Honest Capital appeared
As our experts have already reported, the honestcapital.pro site was created in less than thirty days. And yet, on popular portals, you can find reviews that are three months old.
Most likely, the employees of honestcapital.pro, before the start of the fraud, paid for fake mentions on popular portals so that people would get the feeling that the company has been operating for a long time.
Examples of references to Honest Capital:
- Have you seen free cheese? honestcapital.pro are full-fledged cheaters, they guarantee a full-fledged income and excellent conditions, and in the end they will cheat you and then get lost with your investments.
- Have you looked at their licenses? As soon as you start to delve into their documents, it becomes clear that they are bandits. Don't try to work with them.
- I studied where to really see the honesty of brokerage activities in the Forex financial market. The broker forced me to work together on excellent conditions, I was a little afraid, until I came across stories, I definitely would not contact criminals.
- Lost $300 here, kinda bullshit, but still a nasty balance nonetheless. For some, this is money, my lesson to you is do not cooperate with the broker Honest Capital.
- Shortly after registering the profile, I realized that the online service is fake, in the account and it is clear that numerous template elements were not drawn. It’s easier to fool the new ones, only I have been a non-inexperienced trader for many years.
- Recently asked to withdraw funds to a personal account, leaving $600 for future work. I sent a request for a money transfer, but they got in touch with me and recommended not to withdraw it yet, but rather to deposit more, because right now there will be an opportunity to greatly increase income. I refused and my investment was blocked.
Honest Capital review - test period
On honestcapital.pro, there is no demo access to the software that gives an opportunity to understand the level of services offered.
Honest Capital employees want the user to quickly give them their personal information and make at least the smallest payment.
Honest Capital review - withdrawal of investments
In theory, user withdrawals are made through a form on the honestcapital.pro website. It is alarming that anyone can use it, without registration. That is, the request will be checked manually, which is unrealistic with a significant number of clients.
Our specialists came to the conclusion that this form was created only to demonstrate to potential victims that it is possible to withdraw funds, but in practice this does not work.
Paul Roberts 51 years old Born in Edinburgh. Married. Studied at University of Oxford, Department of Public Policy and Social Work. Graduated in 1997. Works at Standard Life Aberdeen plc.