Flex Capital broker was definitely worth investigating, claiming to offer over 15,000 trading assets, collaborating with the best international banks, and existing for over 10 years. Therefore, we did our best to look into it and find out everything you, as a trader, should know about your brokerage.
Read our trusted Flex Capital review and find why to avoid this company.
- But firstly, we want to invite you to read our recently updated Primefin, InstaForex and PrimeXBT scam broker reviews. Your funds are in danger with them!
|Broker Status:||Offshore Broker|
|Regulated by:||Unlicensed Scam Broker|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||N/A|
|Broker Owner:||Ineffable Group LTD|
|Headquarters Country:||Commonwealth of Dominica|
|Online Trading Platforms:||MT5, WebTrader|
|Broker Deposit Bonus:||Up to 30% for the first deposit|
|Available Trading Assets:||Cryptos, Forex (FX), Commodities, Indices, Shares|
|Islamic Account:||Not Available|
|Free Demo Account:||No|
|Accepts US Clients:||US traders are accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is Flex Capital Safe? – The Importance of Broker Regulation
First things first, let’s determine whether Flex Capital is regulated and by whom. The company owner seems to be Ineffable Group Ltd from the Commonwealth of Dominica. Since this offshore country is not entirely known for firm regulations, we’ve checked a couple of Tier1 registers as well.
What’s Wrong With Flex Capital License?
It’s not just that Flex Capital regulation does not exist in the EU and other countries of services, but it’s not regulated in Dominica either. This means that your funds are exposed to risk with a shady, unregulated brokerage. In addition, the broker claims to have 10 years of experience, while their domain and official company were established this year.
Flex Capital Login Problems – One Of The Signs Of A Scam
The signs of the brokerage scam are virtually everywhere. From the deposit bonus, a favorite tool for offshore scammers, to withdrawal issues and login problems. According to Flex Capital reviews, whenever a client asks for a payout, they experience some sort of login issue. Sometimes, it would last for a couple of days, and the client would discover their money is gone, while in other cases, the account would simply be restricted, and the client could never log in again.
If something similar happens to you, don’t hesitate to report it!
Flex Capital Trading Platform – Is Only WebTrader Available?
Like any good scammer, Flex Capital is forcing their web trader as the best platform they can offer. However, there is an MT5 as well, which is a much safer and better option. If you are already involved and choosing the trading platform, you can never go wrong by choosing MetaTrader. Unlike a web trader, the broker doesn’t have access to your trades or funds.
Also, MT5 is available for mobile devices (both iOS and Android), which is a significant advantage since it allows checking your trades conveniently.
Unfortunately, Flex Capital broker doesn’t reveal some basic trading conditions, such as spreads, but we know that leverage goes up to 1:200.
Flex Capital Range of Trading Instruments
According to the broker’s website, clients can trade with:
- Up to 200 major and minor currency pairs
- Commodities – metal, energies, and soft
- Over 15,000 indices and shares from all global markets
- Cryptocurrencies such as Bitcoin and Ripple
Yet, there’s no Demo account where we can verify these numbers and confirm that you will actually get the value for your money.
Flex Capital Trading Accounts – What Is The Difference?
Broker offers 3 different account types:
- The Investor
- The Future
- The Treasure
The main difference is in the amount of money, since Flex Capital’s minimum deposit for the Investor account is $250 (in EUR for EU residents), while the other two require 2,500 EUR and 25,000 EUR. Also, the Investor account won’t bring you dedicated customer service or direct communication channels with your account manager. However, the Future account won’t give you 1:1 dedicated support or dedicated training events.
Unfortunately, Flex Capital forex brokerage doesn’t offer its clients a Demo account, so we can’t verify the offer since we are unwilling to invest in an unregulated trading scam.
Flex Capital Scam – Don’t Put Any Money Into This Scam
After everything being said, our first advice would be not to put any money into Flex Capital trading fraud. However, if you’ve already done so and have any kind of issues, including the inability to withdraw your funds, contact us immediately.
Moreover, our experts from Global Fraud Protection have already received numerous complaints against the Flex Capital scam and have started building the case. So, you’re not the only victim, and we are here to assist you in getting back what’s rightfully yours.
Flex Capital Affiliate Program – Echoes of MLM Scam
Besides all the other scheme methods, Flex Capital uses a good old MLM scam as well. The company offers up to 30% of the bonus for your initial deposit, and another 20% for any friend or a family member you bring to the company. First, don’t count that you will ever see this bonus, and if you do, it means that anyone you brought lost their money.
Avoid this kind of broker and always look for a Tier1 regulated company.
Scammed By Flex Capital Broker? – Talk To Our Experts Today!
If you were scammed by Flex Capital or a similar bogus brokerage, let us know. Our support team awaits you on the online chat.
We will book a free consultation with our chargeback experts to find a suitable money-back solution for you. Don’t let scammers run away with your money. Get it back now!
Don’t Let the Scammers Go Away for Free!
What Is Flex Capital, And Should I Invest Money In It?
As per our research, this is an online trading brokerage without regulation based in Dominica.
Which Products Does Flex Capital Offer?
Broker offers trading with currency pairs, commodities, indices, shares, and cryptocurrencies.
Which Trading Platforms Are Supported By Flex Capital Broker?
Company offers clients proprietary WebTraders and an MT5 platform.