The brokerage firm claims to have offices in the UK and Switzerland. In addition, it has been operating for 10 years, has dozens of awards, and serves 480 thousand traders from all over the world. Note that the owners of the site guarantee to conduct transparent activities in relation to their clients. However, the company does not provide proof of its successes, as well as information about the team and the presence of licenses.
Can you trust your money to this intermediary and is it safe to open an account here? We will conduct an independent review of North Capital Partners and tell you about the reliability of this broker.
How to Trade
Traders have access to innovative financial products and services such as robo-advising, crypto-trading, and AI technologies. The company offers its clients:
- 6 trading plans with a minimum deposit starting from $10,000.
- Margin loan up to 75%.
- Guaranteed minimum profit from 7.2% per month to 0.9% per day.
Users can trade stocks, options, and other assets on a standard account with a deposit starting from $250. Meanwhile, the trading conditions listed on the platform do not have important specific parameters such as spreads, commissions, and other fees.
The broker guarantees clients minimal risk in trading thanks to the help of “experienced professionals”. However, their names and competences are not disclosed.
North Capital Partners Vital Info
The founders of the platform did not provide any documents from official bodies about the registration and success of the company. So they suggest that we take on faith all the facts presented about the awards, the number of clients, and the 10-year history of the project? Meanwhile, the domain name of the resource was registered only at the end of July 2024. Thus, this “market leader” has been operating for about 2 months at the time of writing this review, and there can be no talk of any long-term achievements.
As for the company’s registration and regulation, we found the North Capital Partners brand in the UK register of legal entities. However, this organization ceased to exist in 2015. In addition, the mentioned firm does not have licenses from the FCA and FINMA, which are commissions of the UK and Switzerland. Finally, the information about the accreditation of the project in the European Financial Commission is rather anti-advertisement, as it is not an official regulator and deceived clients of brokers do not receive any compensation for lost funds there.
Don't believe the analysts and consultants, North Partners is a scam! The scammers don't want you to make money, on the contrary, they will do everything they can to make you spend your deposit as fast as possible. Then they will ask you to deposit again to recover the lost money supposedly, but in reality you will lose it again. In my story, the consultant spent half of my deposit of 820 euros and then blamed me for supposedly not following his instructions. He even demanded that I return the deposit to the original state, and then funded the account to recover the lost money. I was disappointed, and even then I regretted opening an account with north-capital-partners.com. I believed so much in the information on this site about favorable trading conditions for every trader that I did not doubt the reliability of the project at all. I am very offended that I fell for this scam and lost money here, so I ask you - do not repeat such stupid mistakes that I made. I will not get back the lost money, but I know now that this scam project is not to be dealt with.
I fell for this fraudulent brokerage company. Their website is very bright and attractive, but in essence it is just a scam. Scammers offer different opportunities and directions of trading, creating the appearance of successful activity. However, I realized that they don't benefit from the fact that customers are making money. Swindlers steal money from traders. I went through this experience leaving over £3k to the scammers. At first, things were going well for me. I earned small percentages on the trades, got carried away with the process, and didn't want to stop. However, during one of the trades there was supposedly a glitch and I was given more orders than I needed. I went into the red. The illusion was over. I think managers do it all intentionally so that clients' deposits go to zero and they make money on it.
I decided to try trading through this brokerage company. I made a deposit of 1,500 dollars, which is quite a large amount for me. I started trading and even made a little bit of money on the NORTH CAPITAL PARTNERS terminal, and then I decided to withdraw my money, but the problems started right after that. The broker sent me for verification, I passed it, but I still can't withdraw the money. I could not get through to the managers, it turned out to be impossible. The support staff does not answer my e-mails. So my 1,500 dollars and about 180 dollars I earned are stuck on the platform. I don't know how to withdraw them. A trader I know told me that NORTH CAPITAL PARTNERS is most likely a scam and the crooks will never return my money☹️
I wanted to open an account here, but after studying the site I realized that it's better not to do it, it makes no sense at all. I searched for a long time for proof that the firm operates legally and did not find it. Where are the legal details and registration documents? Where are the specific registration and license numbers? I did find some documents online about a firm called north capital partners from the UK, but there is essentially a completely different organization in that certificate. So I concluded that this broker is hiding behind some other document, and I don’t know where it is actually registered. How will they confirm that they have an office in Switzerland? Where are the photos, data, videos? Where is the insurance? Who is the founder? How can they consider themselves legal and official? Also, I could never find a user agreement, and it seems to me that any company that plays fair should provide a user agreement, AML&KYC policy and many other documents. Also, what kind of terminal does the firm offer? Where is its description? Spreads are not specified, where are their minimum values, where is the table with their values in real-time? Where are the sizes of commissions, what fees are there here? Is there a demo account? And swap-free? What about client orders, are they displayed at providers? Is there hedging? Where can I get a promo code if I want to register a profile? As for reliability guarantees, I didn't see that at all on north-capital-partners.com. This further strengthened my confidence in this rather fraudulent platform. In the end, I never decided to open an account here, because the broker is really dubious, and also works illegally because, apparently, the company has no real registration. A real scam! It is very sad that such fake brokers still exist in our time. Apparently, the organizers of such scam projects can not earn honest work, so they deceive people. So, do not believe them!
I paid attention to this platform because of the fixed interest guarantee. To begin with, I activated the account and then immediately tried to pass the identity verification. I was approved within a few hours and then I deposited the minimum amount of $250. I had no problems with all these transactions. North Capital works promptly. Next, I traded, made some profit, and decided to check how the money is withdrawn. I requested to withdraw $125, and it came the same day. So, in general, I have a positive assessment of North Capital's service, the platform is good. I think it will become one of those projects that can be easily used to diversify all investments! I allocate $5,000 on average to trade and invest with one firm, I can afford it thanks to my online business. However, my concern is: does the project have insurance liabilities? I want to see my finances intact, not stolen or wasted. I pay attention to this first and foremost, and even profit is not as important to me as preserving the capital invested in the resource.