While we recognize that investors seek investment opportunities, it is essential to distinguish between legitimate financial services and scammers. LegitInvestigator recently raised its suspicion level substantially on Seven Capitals. The broker claims to be a premium trading option; however, there are discussions from regulatory bodies about Seven Capitals, and complaints from investors indicate it could be a scam.
Hidden Ownership and Lack of Transparency
While Seven Capitals does maintain informational website content, they have not been able to confirm any persons who trade on or use this platform or identify the owners of Seven Capitals. The broker is utilizing a WHOIS privacy service, which hides the true identities of the investor when unidentified, making it impossible to investigate them with any confidence. The lack of transparency is really a red flag.
Untrustworthy Hosting and Domains
First, the broker’s site is hosted on a server that hosts other sites that are suspicious. The domain registrar that registered seven capitals has a known association with a spammer and phishing groups, which further erodes trust, considering that websites of this nature are ordinarily scammers or unlicensed brokers. Of course, with a legitimate broker, there is usually an identifiable registrar and host that is acceptable, secure, trustworthy, reliable, safe, and known to the development of investors and regulators.
Withdrawal Issues
There are countless customer reviews online with ongoing issues related to withdrawals. Many investors have shared reviews stating that while it is easy to make deposits, the withdrawals are slow, denied, or completely ignored. This is typical practice for these types of unregulated brokers that have dishonest schemes.
Marketing Tricks to Get Investors
Even with the problems we mentioned above, Seven Capitals spends a crazy amount of money on lavish marketing and top-tier branding, which targets more serious traders wishing to trade gold. Behind the unique marketing and fancy branding is a broker with considerable trust and credibility topics.
Conclusion
Seven Capitals may be a good trading partner. However, the ownership is buried/hidden, the platform is not regulated, and there are issues with withdrawals that should be concerning. It is far better advice to tell investors to avoid this platform and work with regulated brokers that genuinely try to be transparent.
Common Questions about the Seven Capitals Scam
1. Is Seven Capitals regulated?
Seven Capitals is not a regulated body that even has some sort of registration; this is a very high-risk business.
2. Where is Seven Capitals located?
This broker claims to be located in Dubai; however, they have an office registered in Mauritius. The assertion of a Dubai location is unverified.
3. Can I withdraw from Seven Capitals?
As of today, there have been several users who are reporting issues and complete denials to withdraw funds.
4. Why is Seven Capitals a Scam?
Every indicator shows that since they are incomplete, undisclosed ownership of Seven Capitals, they are not regulated, and several USERS have denied their funds returned.
Reclaim Your Lost Funds with Cyber Scam Recovery Services
If you have been victimized by a Seven Capitals scam or any other fraudulent scheme, consider seeking assistance from reputable organizations like Cyber Scam Recovery, which specializes in fund recovery. Our free consultations can guide you through the process of recovering your funds, ultimately prioritizing your financial well-being. Stay watchful and informed to safeguard your financial interests in an ever-changing financial world.
If you have fallen victim to forex scams, cryptocurrency scams, or any other fraudulent activities, reach out to us for assistance and support.
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