In this review, we will examine the broker TrustsCapital, which confidently claims to be a global leader among brokerage intermediaries, a claim we seriously doubt. Why would a “global leader” hide its founding date, not show registration documents, and not disclose information regarding regulation and business model? Yes, offices in the BVI and the United Kingdom are mentioned, but it’s not certain that it is true. Overall, is it profitable to trade here? And what about reliability and safety? Can the company be trusted?
How to Trade
To start trading with TrustsCapital, one needs to have at least $5,000. This is the required amount to open the first type of account, and even more for other types. The firm hasn’t come up with anything unique and has followed a well-trodden path – several types of accounts are available to clients, and the better the account, the more favorable the conditions.
All clients have access to customer support, a minimum order size of 0.01 lot, and tight spreads. Meanwhile, TrustsCapital offers leverage up to 1:200, more than 300-1,500 assets, and a reliable platform. Commissions and specific spread sizes are not disclosed.
If the official website is to be believed, the broker provides access to the trading platform MetaTrader 4. However, the terminal actually offered to traders does not resemble MetaTrader 4.
TrustsCapital Vital Info
The company reveals little about itself, so it can confidently be characterized as opaque. The duration of its operation is unknown, but we can refer to a special service to check when the domain was registered, as TrustsCapital could not operate without it. The domain was registered on September 6, 2023. Therefore, it is unlikely to be an experienced broker and a global leader in the forex industry.
The headquarters is located in the British Virgin Islands, with a branch in the United Kingdom. To conduct legal activities in both jurisdictions, TrustsCapital would have needed to obtain a license.
Checks with the FCA and BVI FSC registries yielded nothing; such a company does not exist there. How can a firm operate legally without a license? It cannot. Most likely, the addresses listed on the website are not real.
FAQ
What are the key facts about TrustsCapital?
We found out that the company has been operating since September 2023, as that was when the domain of the official website was registered. Meanwhile, the firm does not disclose its founding date, although it claims to have solid experience. Moreover, the organization generally does not reveal anything about itself, only listing fake addresses in the UK and BVI. The broker is not licensed in these jurisdictions and is not a registered legal entity. What about the business model? It is not specified, but it is not hard to guess that it is 100% B-Book, which does not send client orders to liquidity providers but processes them internally. It indicates a conflict of interest.
What's the risk to my wallet when working with this broker?
Despite the high risk associated with margin trading, we would like to highlight a risk of a different kind. TrustsCapital is an illegal broker that has not been operating for long and cannot provide guarantees of reliability and security. All this suggests potential fraud, meaning the impossibility of withdrawing funds. It is the main risk of cooperating with this platform.
How can I give my thoughts about trustscapital.com?
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The Goods & The Bads
No one.
TrustsCapital operates without licenses from financial commissions.
It's been in business for less than a year. It's too little experience.
False data.
Inadequate terms and conditions that do not compare with competitors.
Conflict of interest. The business model is 100% B-Book.
To me, just one visit to the company's website, trustscapital.com, convinces anyone even slightly familiar with trading processes that this is a fraudulent organization without the right to operate. The company representatives try to bamboozle people and divert attention from the main issue - the lack of any legal support. They simply lack regulation, hence their operation is illegal. If you search for information about them in public sources, it becomes clear that they invented their offices. In the countries where their offices are supposedly located, there actually is no broker like TrustsCapital. An experienced trader will immediately see through such fraudsters. The main thing is that beginners do not fall for their nonsense.
If I could turn back time, I would do so gladly and never invest in this pseudo-firm again. They are fraudsters, stealing money from their clients. Just another fake broker scamming its own traders. I made a serious mistake by trusting an unknown group of people who apparently have been scamming people on the internet with a fake brokerage platform, not for the first time.
There is no license, and there never was. The period of operation is very short, and there are almost no reviews on the internet. I don't know how I managed to choose trustscapital as my trading partner. The fraudsters do not respond to me, although I have written many letters. Apparently, this is because the email is fake. I found this out later, not immediately.
Frankly, there's not much to comment on here. The company was created by anonymous scammers and it's absolutely clear for what purpose. The duration of operation is not mentioned, but judging by the young domain and the lack of reviews on the internet, this is a very fresh scam. The lack of regulation is a very important red flag. Moreover, registration data confirming the existence of offices are also not presented. A simple and quick check proved that TrustsCapital is literally not registered as a legal entity. Do you still have doubts that this is 100% a scam?
The withdrawal function doesn't work. I'm devastated. I feel terrible. I lost all my savings, amounting to $15,000. I invested them here - trustscapital.com, but it turned out to be an illegal and fake broker. I don't know how to tell my wife. It's been a week already, but I think she's starting to suspect that something is wrong with me. I really don't know what to do. My job annoys me, and I wanted to make trading my side hustle, through which I could earn money. Please, help.
TrustsCapital turned out to be fraudulent, although I believed in them, thinking they were a safe brokerage platform. Unfortunately, $5,500 disappeared without a trace, they are now with the fraudsters, and I cannot get my funds back, I cannot influence the return of my money.
I really believed in the presence of offices in the BVI and the UK, supposedly a sign of reliability and global presence, but I was mistaken. After 5 days passed and my withdrawal had not been processed, I started checking the registries. It turned out that such a firm does not exist neither in the UK nor in the British Virgin Islands. I stupidly handed over my deposit to some anonymous scammers who just made up a site, invented offices, and started offering to replenish the balance. A terrible loss and a very negative experience. I would not recommend this to anyone.
SCAMMERS, PLEASE RETURN MY MONEY! You sweet-talked about the advantages and merits, but in the end, you don't allow withdrawals. It is not right! You will have problems!
To understand this company is fraudulent, you don't need to be a professional trader or analyst. It's enough to check the date of registration of its website. They claim many years of operation when in reality the domain was registered in the autumn of 2023. This allows us to say with full confidence that we are dealing with swindlers. Do not believe what TrustsCapital says. It's outright fraud!
If you truly want to earn from trading cryptocurrencies or other asset classes, or simply to store your money in digital currency, please choose from a wide list of companies licensed by serious and responsible regulators. TrustsCapital cannot be called a reliable company; there is not a single reason to call it a safe firm. The site appeared in 2023, and there is no information about the owners. There is no contact information, except for a fake email. All transactions are made in crypto (and it is absolutely unsurprising). But what I'm saying is that you will never find out where your money went if something happens. Apparently, people have already started losing their money here and don’t know whom to contact, it's impossible to get in touch with the management, writing to any regulatory bodies is impossible. All of this is very and very risky.
I don't understand, is it really that hard to specify complete trading conditions? Hello, scammers from TrustsCapital, I'm addressing you. You hide spreads and commissions because you are fraudsters; it's unprofitable to trade with you. Your platform is worse than most other companies.
Newcomers, and those wishing to trade here, I warn you that an anonymous scam will deceive you and prevent you from withdrawing money. They don't just hide many important conditions and significant facts of their operation for no reason.
Every broker requires thorough verification. I do not know if TrustsCapital is a fraudulent organization or not, but to everyone who wishes to trade Forex/CFD here, I recommend first studying all the data and then making a decision about opening an account. This advice applies not only to this brokerage company.
An interesting company caught my attention, but I am hesitant because the minimum deposit is quite high. Why not lower the deposit threshold from $5,000 to $100? I hope that representatives of trustscapital read reviews and see my comments, and then decide to lower the minimum deposit.
Otherwise, I really liked everything else. You can use leverage, minimum volumes, a huge number of assets, a modern platform, and tight spreads. Offices in the BVI and the UK show how serious and global the company is.
I want to start trading here, but I don't have $5,000, alas.
I'm at a loss for words!!! These scammers stole my money!! For more than a month, I see $8,000 on my balance, but I can't withdraw it. It infuriates me!!!
To me, just one visit to the company's website, trustscapital.com, convinces anyone even slightly familiar with trading processes that this is a fraudulent organization without the right to operate. The company representatives try to bamboozle people and divert attention from the main issue - the lack of any legal support. They simply lack regulation, hence their operation is illegal. If you search for information about them in public sources, it becomes clear that they invented their offices. In the countries where their offices are supposedly located, there actually is no broker like TrustsCapital. An experienced trader will immediately see through such fraudsters. The main thing is that beginners do not fall for their nonsense.
If I could turn back time, I would do so gladly and never invest in this pseudo-firm again. They are fraudsters, stealing money from their clients. Just another fake broker scamming its own traders. I made a serious mistake by trusting an unknown group of people who apparently have been scamming people on the internet with a fake brokerage platform, not for the first time.
There is no license, and there never was. The period of operation is very short, and there are almost no reviews on the internet. I don't know how I managed to choose trustscapital as my trading partner. The fraudsters do not respond to me, although I have written many letters. Apparently, this is because the email is fake. I found this out later, not immediately.
Frankly, there's not much to comment on here. The company was created by anonymous scammers and it's absolutely clear for what purpose. The duration of operation is not mentioned, but judging by the young domain and the lack of reviews on the internet, this is a very fresh scam. The lack of regulation is a very important red flag. Moreover, registration data confirming the existence of offices are also not presented. A simple and quick check proved that TrustsCapital is literally not registered as a legal entity. Do you still have doubts that this is 100% a scam?
The withdrawal function doesn't work. I'm devastated. I feel terrible. I lost all my savings, amounting to $15,000. I invested them here - trustscapital.com, but it turned out to be an illegal and fake broker. I don't know how to tell my wife. It's been a week already, but I think she's starting to suspect that something is wrong with me. I really don't know what to do. My job annoys me, and I wanted to make trading my side hustle, through which I could earn money. Please, help.
TrustsCapital turned out to be fraudulent, although I believed in them, thinking they were a safe brokerage platform. Unfortunately, $5,500 disappeared without a trace, they are now with the fraudsters, and I cannot get my funds back, I cannot influence the return of my money.
I really believed in the presence of offices in the BVI and the UK, supposedly a sign of reliability and global presence, but I was mistaken. After 5 days passed and my withdrawal had not been processed, I started checking the registries. It turned out that such a firm does not exist neither in the UK nor in the British Virgin Islands. I stupidly handed over my deposit to some anonymous scammers who just made up a site, invented offices, and started offering to replenish the balance. A terrible loss and a very negative experience. I would not recommend this to anyone.
SCAMMERS, PLEASE RETURN MY MONEY! You sweet-talked about the advantages and merits, but in the end, you don't allow withdrawals. It is not right! You will have problems!
To understand this company is fraudulent, you don't need to be a professional trader or analyst. It's enough to check the date of registration of its website. They claim many years of operation when in reality the domain was registered in the autumn of 2023. This allows us to say with full confidence that we are dealing with swindlers. Do not believe what TrustsCapital says. It's outright fraud!
If you truly want to earn from trading cryptocurrencies or other asset classes, or simply to store your money in digital currency, please choose from a wide list of companies licensed by serious and responsible regulators. TrustsCapital cannot be called a reliable company; there is not a single reason to call it a safe firm. The site appeared in 2023, and there is no information about the owners. There is no contact information, except for a fake email. All transactions are made in crypto (and it is absolutely unsurprising). But what I'm saying is that you will never find out where your money went if something happens. Apparently, people have already started losing their money here and don’t know whom to contact, it's impossible to get in touch with the management, writing to any regulatory bodies is impossible. All of this is very and very risky.
I don't understand, is it really that hard to specify complete trading conditions? Hello, scammers from TrustsCapital, I'm addressing you. You hide spreads and commissions because you are fraudsters; it's unprofitable to trade with you. Your platform is worse than most other companies.
Newcomers, and those wishing to trade here, I warn you that an anonymous scam will deceive you and prevent you from withdrawing money. They don't just hide many important conditions and significant facts of their operation for no reason.
Every broker requires thorough verification. I do not know if TrustsCapital is a fraudulent organization or not, but to everyone who wishes to trade Forex/CFD here, I recommend first studying all the data and then making a decision about opening an account. This advice applies not only to this brokerage company.
An interesting company caught my attention, but I am hesitant because the minimum deposit is quite high. Why not lower the deposit threshold from $5,000 to $100? I hope that representatives of trustscapital read reviews and see my comments, and then decide to lower the minimum deposit.
Otherwise, I really liked everything else. You can use leverage, minimum volumes, a huge number of assets, a modern platform, and tight spreads. Offices in the BVI and the UK show how serious and global the company is.
I want to start trading here, but I don't have $5,000, alas.
I'm at a loss for words!!! These scammers stole my money!! For more than a month, I see $8,000 on my balance, but I can't withdraw it. It infuriates me!!!