Reading Time: 4 minutes SCAM RECOVERY

365 Capital Markets Review – Beware of Forex Scam

Jul 12, 2021
365 Capital Markets Scam

The first moment we opened the 365 Capital Markets website, it screamed – FRAUD! The broker has the AnyDesk logo on the main page, inviting clients to download this software for screen sharing.

If you’re not a tech savage, let us tell you – this app is used to control your screen and access everything you have there, including your banking details.

Yet, we didn’t let this stop us from doing an in-depth trusted 365 Capital Markets review. Let’s expose this scam till the end!

Broker status:Unregulated Offshore Broker
Regulated by:No regulation (Unlicensed Brokerage)
Blacklisted as a Scam by:Belgian FSMA
Broker Owner:Argon Holdings Ltd
Headquarters Country:Saint Vincent and the Grenadines
Foundation year:2020
Supported Trading Platforms:MT5
365 Capital Markets Minimum Deposit:$2500
Crypto Assets:Available
Available Trading Assets:Cryptocurrencies, Forex (FX), Commodities, Indices, Shares
Maximum Leverage:N/A
Islamic Account:Not Available
Free Demo Account:Not Available
Accepts US clients:Not Accepted

365 Capital Markets Regulation and Licensing Details

If you’re wondering is 365 Capital Markets regulated, we’ve checked this for you. The brand is owned by Argon Holdings Limited from Saint Vincent and the Grenadines. The company is a registered business, but is it regulated?

Questions to broker License and Regulation

Firstly, we’ve checked the FSA SVG register looking for broker regulation, and we got no results. Since SVG has a rule that all the brokers should opt for regulation in the country where they provide financial services, we’ve checked several tier1 regulators as well.

This brokerage does not own a license of the FCA, ASIC, BaFin, or any other legit Tier 1 regulator, just like Finexico broker.

Scam Warnings Against 365 Capital Markets

Recently, Belgium regulator, Financial Services and Markets Authority updated its list of suspicious websites and included 365 Capital Markets broker there. According to FSMA, traders should not interact with the company, and if there’s a suspicion of a scam, they should file a complaint about the broker immediately.

365 Capital Markets Reviews – What Traders are Saying

After hearing what regulators have to say, we’ve checked what traders are saying about this forex brokerage. According to the Trustpilot website, 62% of traders listed this company as bad, giving it a 1-star score. Many of these clients mention one particular name as the person who defrauded them.

Do not believe 365 Capital Markets blindly, and make sure to check the reviews yourself before opening an account with them.

  • Increase your trading knowledge by reading our updated Primefin or TradedWell broker reviews.
365 Capital Markets Platfrom

365 Capital Markets Platform Review

Something the broker claims to be a reputable 365 Capital Markets trading platform turned out to be another scam. The company started to provide an MT5 to its clients, while in reality, it’s a TradingView chart that cannot even be classified as a web trader. Instead, it’s a live chat with several indicators. It’s yet another proof that the company runs a scheme and would say just anything to get more money from clients.

Moreover, to start trading on this chart, the broker minimum deposit required is $2,500!

In Which Countries Does This Broker Work?

As an illegal operation, this broker shouldn’t provide financial services anywhere. Yet we found reviews coming from the:

  • UK
  • Singapore
  • South Africa
  • Malaysia
  • Australia

Based on the FSMA warning, we know it’s running the scheme in Belgium as well.

The broker specifically listed the US and Canada as restricted areas out of their service reach.

Assets You Can Trade With Broker

Very well hidden, the broker unveils available assets only if you open the platform itself. Yes, it says there are over 1,000 trading assets available, but looking at the trading chart, we found it to be a misleading fact.

Yes, there are:

  • Currency pairs
  • Commodities
  • Indices
  • Shares
  • Cryptocurrencies (Cryptos)

But far from such diversity. Also, the broker claims to offer spreads starting from 0.0 pips, another false information. The spread begins with above 2.0 pips for EUR/USD pair.

365 Capital Markets Login Issues

Reportedly, all those involved with broker are experiencing login issues with their accounts. We would say it’s just a system glitch if we haven’t been informed that this happens after clients ask for withdrawals.

It shows us that the broker is causing login issues on purpose, so clients will be restricted from accessing their funds.

Furthermore, Sage FX & Tradelax brokers are causing login issues with similar purpose.

365 Capital Markets Withdrawal Problems

Another thing we discovered reading the 365 Capital Markets reviews is withdrawal issues. As mentioned, once clients decide to ask for their money back, their account is being suspended, and every activity is impossible. Also, the broker blocks their phone numbers, meaning that every communication stops, and your funds are lost for good.

If that is the case with you, report it immediately.

Scammed by 365 Capital Markets broker? We Know What to Do!

Global Fraud Protection recently received numerous complaints about the broker. Therefore, we can assure you that you’re not the only victim of the 365 Capital Markets scam. We have a solution, and it’s a permanent one. You need to file a dispute and request a chargeback.

Contact us via chat, tell us your story, and we will guide you through the chargeback process until the end.

Don’t Let the Scammers Go Away for Free!

What is 365 Capital Markets?

It is an unregulated offshore trading brokerage scamming clients. Stay away from this scam broker!

Is 365 Capital Markets regulated and licensed?

No, broker does not have any kind of license or regulation at all.

Are My Funds Safe with 365 Capital Markets?

Since broker is not regulated, your funds are at tremendous risk. Think twice before taking any risks while investing money!

Is Getting the Money Back from 365 Capital Markets Scam Possible?

Yes, getting your money back is possible via chargeback. Get in touch with us for more details.