The company calls itself the “No. 1 global broker” and touts offices in the UK, Germany, and Lithuania. In addition, the firm boasts a long history, over 105 global awards, 7.8 million clients in 173 countries, and regulation by the FCA, CySEC, FSA, and ASIC. However, it is not clear in which country its headquarters is located and why there are no copies of registration certificates on the website.
Is the project credible? Is this platform popular among traders? You will find out from our review on the legitimacy and reliability of the broker.
How to Trade
The brokerage firm has developed a line of tariff plans with gradually increasing minimum deposits. However, for some reason, developers ignored the trading conditions. In the description of services, there are the following options:
- CFDs on stocks, crypto and other assets.
- Islamic account without swaps.
- Bonus and loyalty program.
Commissions and spreads are unknown values in Capital Brain. The leverage up to 1:1000 is known, which is a violation of the requirements set by European regulators (no higher than 1:30).
Additional services are presented in the form of educational programs and seminars.
Capital Brain Vital Info
According to information from the website, the broker has been engaged in investment activities for more than 20 years. However, there is no date of registration in the description of the company’s development stages. In addition, there is no confirmation of any of the 150 awards. Also there are no financial activity reports, which is very strange. Meanwhile, the domain registration date shows that the platform only started operating in 2023.
As for regulation, the site owners list 4 licenses and attach links to the registries of the financial commissions of the United Kingdom, Dubai, Cyprus, and Australia. Note that all links lead to a firm called Capital-B LTD, registered in 2015 and engaged in advisory management rather than brokerage services, and its website is capbp.com. Finally, the Capital Brain brand is not in the registries of the United Kingdom, Germany, Lithuania, nor are there any offices in these countries.
Withdrawal of funds does not work. It's good that I tried trading with a small amount of money first. I set a goal to understand if it is possible to trade here with profit or not, so I invested only 60$. I was able to quickly earn another 30 $. Then I put all this money to withdraw, but CAPITAL BRAIN does not let me withdraw, even the application does not go to processing. The money was frozen and the company turned out to be a scam. Do not believe these crooks if they persuade you to open an account, I do not regret that I lost 60$. However, I was planning to invest larger amounts in case of successful testing, for example, 10,000-15,000$, but it's good that I realized the essence of this scam site at the first stage. So I warned you that the broker does not withdraw money.
Registration in England and having a license from the Financial Conduct Authority is provided on thecapitalbrain.com. I see magic!!! The domain is established in 2023, and the platform developers tell about the founding date in 2002. How come they were operating without a website?! A company with a different name is on the English register. It was registered in 2015. The FCA has other contact details for this firm. It turns out that Capital-B LTD, whose details are specified in the Terms and Conditions, does not have any relation to capital brain at all! I would also like to mention the fact of deception regarding the terms of work. There are no 20 years of work here, but only a few months, because: a) the domain is new; b) there are few reviews on the Internet, and all of them are also very recent.
If they tell you about a bunch of licenses, you should check them out for yourself. If those people who invested in this scam would check the registries of England, Cyprus, UAE, Australia, they would realize that this is an empty and fake. Because this pseudo-company is not in the registries of these regulators. What is the name of the firm that specified fake licenses and other data? Scam, fraud, etc....
The owners of the service need to improve the work of tech support and withdrawal of funds. Transaction is very slow :((( I've been waiting for a week to process a 630 euro request.
I was able to withdraw money at first, a little bit, $20-$40 at a time. I then transferred a large amount to a deposit, and lost almost immediately $13,000. I had super profits every day, but couldn't withdraw anything.
I am very satisfied with the fact that the platform provides narrow spreads. I would like to note that spread widening happens sometimes, but mostly on news releases. Slippages are rare. It happens only at times of very high volatility. The terminal is very convenient for me. This trading platform provides services for trading currencies, cryptocurrencies, and stocks. However, the analytic materials on the site are not always up to date. In general, Capital Brain is a good broker.
They have a cool option, you can try trading with their money and then throw in your own. Meaning you try trading, you like everything, you invest your money. Escrow account I think it's called. It's a cool idea, why didn't other brokers come up with it earlier? So, in essence, it is immediately obvious that Capital Brain is the firm that follows innovations and introduces cool things that are not available anywhere else. I can also emphasize the standard advantages: flexible leverage, up to 1:1000, narrow spreads, modern terminal, excellent support from managers, demo. If they added more ways to transfer money, they would be perfect.
Where is a demo account? I registered an account to open a demo to see how the terminal is set up and if it's comfortable to trade here. However, I don't see a demo account. Where is it? The information on the site says that such a feature is available for free, but I don't see it!!! Oh, and I don't see the terms and conditions disclosed. What are the commissions, spreads - big or small? Is there an option when I open an account and pay only the commission, but the spreads are zero? Or vice versa, I pay more in spreads and zero commission? I don't think Capital brain is a serious broker. It's more like a forex scam to be honest!
Several licenses, more than 10 years of active brokerage, awards, prizes this company has. Isn't this for you a guarantee of safety and reliability? I believe that these are the main reasons, at least for me to open a personal account, to enter a small amount on the balance, and to test thecapitalbrain.com trading process. This broker is not the most popular, but it is actively gaining weight in the community of traders, if you believe the statistics of the site. By the way, the site is made qualitatively. The information is all clear. The navigation is simplified. You can easily learn this or that aspect. The broker's market monitoring is top-notch: you can track trends, data and competitors. It helps me in trading. Plus, experienced and friendly staff work in Capital Brain's call center. I've only dealt with them 2-3 times and they have proven to be professional. I would still like to see the Affiliate Program here. It's unclear why it hasn't been added until now. Either way, it is on the site, but I don't see it. I will probably contact the manager with this question.
Absolutely everything that scammers from capital brain say is a lie. There are lies about having offices in three countries, about decades of work, about the fact that they are part of a large group of companies, about millions of clients, about security, profitability. All this is nonsense and lies.
I recently decided to try trading through this broker and was pleasantly surprised. The interface is user-friendly and it shows a real picture of the market, which helps well in decision making. The market surveillance is excellent as the service continuously monitors new data. CAPITAL BRAIN has all the new and cool features for trading on the platform. The block with signals shows the real state of the market. Other advantages: accurate signals, openness of information, licenses. There is one disadvantage - weak support.
I'm surprised that the broker has been operating since 2002, according to the information on the website, but the domain has only been active since 2024, although it was created in 2023, and the reviews started appearing online more recently :) There are no comments online from 2007, 2011, 2016 or some earlier year than 2024.
The intermediary is unreliable and it is prone to fraud :( I lost $420 in a "unique development" called Escrow. I had to invest in two days, first $50, and then I was charged extra for a loan. I ended up draining all the funds. However, I am worried about my personal details that I provided when confirming my identity.