The broker CapitalRevo claims to be number 1 worldwide, but can’t even spell the word “Forex” correctly, as it’s written on their site as “Forec”. The organization was founded in 2015 and is legally based in the offshore jurisdiction of Saint Vincent and the Grenadines, with a representative office in Nigeria. However, most importantly, no licenses are mentioned, nor are any legal documents provided. The situation regarding online reviews looks strange. There are many positive ones, which further raise suspicions. So, can one trust this firm with their money?
How to Trade
CapitalRevo offers CFD trading on stocks, currencies, metals, indices, commodities, and cryptocurrencies. The firm promises 0% commissions, low spreads, and negative balance protection. To start trading, one simply needs to register an account, activate it, and deposit funds. Also, according to the official website, traders can try out a demo account.
Clients of CapitalRevo have access to three tariff plans:
- Beginner. Fixed spreads, leverage up to 1:100, spreads from 3 pips, guaranteed stop-loss execution, and minimum deposit of $100.
- Standard. For those who can afford a $500 deposit and more. The tariff includes market execution, leverage up to 1:200, spreads 2 times lower than in “Beginner”, and automated trading.
- Professional. From $5,000. Leverage up to 1:400, spreads from 0.7 pips, and personal account manager.
CapitalRevo Vital Info
The broker claims to have been operating since 2015 and also mentions registration in Nigeria and Saint Vincent and the Grenadines. However, the domain of the official website was registered only in 2022. How did CapitalRevo operate for 7 years without a website? Moreover, it’s important to note that there are no registration documents on the site. Numerous reviews online only started appearing in 2023. This looks very suspicious.
Legally, as mentioned earlier, the firm is registered in Saint Vincent and the Grenadines and also has an office in Nigeria. However, this organization is not found in either the SVGFSA or the CAC (official registry of Nigeria). Licenses are also not mentioned on the site. Does it mean that CapitalRevo operates illegally? After all, every broker is required to obtain a license from regulators.
My friend started trading here two weeks ago. So far, he says he likes the platform. He quickly learned how to work on it. It's simple and user-friendly. The conditions are also good, with various account types available. In short, in terms of conditions and comfort, everything is fine. He definitely notes that. From a security standpoint, the firm is questionable because there's no license, and my friend hasn't even tested the withdrawal process yet. So there's a good chance the company won't even let him withdraw his money. My friend says everything's okay, he thinks it will be fine. I think such a broker is unlikely to allow withdrawals and is more likely to be fraudulent than honest. But time will tell.
Hello. My trading story with CapitalRevo is very sad. I lost money here, lost over $2k, which I'm sure I'll never get back. I chose this platform because many recommended it, but I couldn't even pause for a moment to think that all the positive reviews praising the firm would be fake.
In the end, I invested $2500 here. Instead of proper trading, I got a constantly lagging terminal, prolonged order execution, huge spreads, and other disadvantages that prevented me from trading profitably. But all of this pales in comparison to the main issue. CapitalRevo doesn't process withdrawals! I still can't withdraw my funds, even though enough time has passed.
Therefore, I recommend staying away from this scammer, not investing here, and only cooperating with verified brokerage companies.
Can I trust Capitalrevo? I think not, even though I see many positive reviews online. But can they be trusted? Can anyone provide real evidence that the organization is solvent and safe? It would be great if there were proof.
I can't understand where such a scambroker CapitalRevo got positive reviews from. Can anyone enlighten me? The company is illegal, and most likely, it doesn't even have a legal entity established. Licenses are definitely missing, and half of the sections on the official website aren't even accessible. How can one choose such a dirty pseudo-company to open a brokerage account? Okay, never mind the choice. How do people write positive reviews about CapitalRevo? I suspect that these are fake reviews, deliberately published and purchased by these scammers to create a positive reputation for the scam. Clearly, it's a fraudulent trick that one should be aware of. Therefore, I advise not to read positive reviews, not to listen to everyone who advocates trading with this broker, and not to heed those who recommend trading here. It's a lie!
CapitalRevo is a company of crooks, criminals, and scammers!!! It's a fake broker engaged in fraudulent activities. These scoundrels stole $1.5k from me. I never saw my money.
A strange brokerage firm that doesn't even explain its business model. But I suspect that Capital Revo uses the Dealing Desk business model, which means you should expect the this scam to be set against the trader. Moreover, it's an offshore broker, so I definitely wouldn't trust the company with my money.
The official website looks odd. Some links don't work, they don't open. I didn't register an account because I don't really want to, as I'm pretty sure the firm is most likely fake and a fraud.
I don't see any positive aspects. Well, there are some, but they're few. For instance, a demo account, leverage, and copy trading. However, all of this needs to be tested, which I definitely don't want to do.
The negative points concern the company's security. After all, CapitalRevo conducts illegal activities, as the broker lacks any licenses. It seems to me that this is a scam because it looks more like a scam than a legitimate broker. Therefore, it's better not to take the risk.
Honestly, it looks like some kind of scam. First, CapitalRevo hasn't obtained licenses. I didn't see anything about regulation on their website. Do they have a license? Most likely not. Second, their legal address is listed in Saint Vincent and the Grenadines. As far as I know, it's a favorite place for scammers to register a company. You can often see fraudulent firms there. Third, it turns out they haven't been operating for 8 years, but only 1 year. I agree, the domain was registered only in 2022, the firm has existed for a very short time. In short, all signs of fraud are evident.
I had dealings with CapitalRevo. It can't be called "trading". Huge spreads, constant delays in the platform, unclear quotes. The chart seemed fake, as if the firm was drawing such charts to its advantage. I later realized that it's 100% a b-book, which benefits from traders losing money, but it was already too late. A significant portion of the deposit was smoothly drained due to unfavorable conditions. Look for another broker and forget about this one. It's a gang of bandits who scam people for money. Trading here is not profitable.
SCAMMERS AND SWINDLERS!!!!! CAPITALREVO stole my money and now they're not responding!! We need to catch the criminals, prosecute them!!! So they return all the money to those they scammed!! Scammers should be in jail!!!