“Worldwide and number 1 broker” — this is how Capital Brain describes itself, offering trading on financial markets. However, these claims are easily debatable because there are very few reviews about the company online, and it looks very dubious. If you want to know what scam characteristics this organization possesses, join in.
Brief Overview
- 🖥Official Website: thecapitalbrain.com
- ✈️Contact Address: 14 Devonshire Square, London
- 📞Customer Support: +44 154 321 03 19, [email protected]
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2024
- 🧰Specialization: brokerage platform
- 🤝Terms of Cooperation: $50, 1:1000
- 💰Additional Services: no
Thecapitalbrain.com Examination
The official website looks standard and templated. The top part contains the main sections, the homepage is dominated by advertising blocks, and the footer has a risk warning and duplicates the top sections. The portal opens by default in Russian, although there is an English version. However, when switching to English, some elements remain in Russian, indicating the low quality of the site and the unprofessional approach of Capital Brain.
The site’s shortcomings include issues with repetition, low informativeness, and manipulation. Most of the published partnership condition blocks are false, as are the sections describing the broker’s achievements, nominations, and awards. The registration menu is templated, and there are no confidentiality guarantees. The prevalence of motivational phrases and pseudo-benefits demonstrates the company’s attempt to compel users to register an account.
Company Contacts
Users can call the hotline at the provided number, which is the same for all offices, even though it makes sense for each branch to have its own number. Incidentally, Capital Brain provides office addresses in the United Kingdom, Germany, and Lithuania, but whether they are real will be discussed later.
The broker also listed its email address, which is pointless to write to because it is fake. Additionally, the company offers communication through an online chat, which, for some reason, does not exist.
Key Conditions
Capital Brain offers trading CFDs because they are the easiest to manipulate, wiping out traders’ deposits repeatedly. Available assets include forex, metals, indices, commodities, cryptocurrencies, and stocks. Furthermore, the firm has developed a standard range of tariff plans, similar to those of many broker scams. There are six options, including swap-free and a type called “escrow”. This plan implies that the trader initially receives money from the firm for trading but must invest the same amount a few days later. Incidentally, it is unknown how to open a demo account, although it is mentioned.
The leverage size is not specified on the official website, but it can be seen in the personal account when opening a new trading account. Traders have access to leverage up to 1:1000, which clearly shows that the company is not under the control of a serious state regulatory body. Financial commissions prohibit offering leverage above 1:30-1:50, while here it is 1:1000, which is several times higher.
Commissions, spreads, and swaps are unknown parameters. Although Capital Brain calls itself a transparent company, it still hides important data that clients should know before they start trading.
Exposing Capital Brain
A company with a fake email address and total secrecy is unlikely to be considered a safe and reliable firm for opening a brokerage account. However, the broker’s shortcomings do not end there. In fact, there are many more, and they will now be revealed.
Capital Brain claims to have 7.8 million traders, which, to put it mildly, looks absurd. Additionally, the platform claims to have won more than 100 awards and its founding date is 2006, supposedly when the website was created. According to this information, it should be a global broker known to everyone, but this is not the case. The domain thecapitalbrain.com was registered not in 2006, but in 2023, and was last updated in 2024.
In the footer, the company provided links to the Companies House register and the UK Financial Conduct Authority (FCA). There you can find a firm named CAPITAL-B LTD, which has no relation to Capital Brain. For example, the contact details from the FCA are completely different: +4402032890600, [email protected]. Moreover, the official website of this CAPITAL-B LTD is capbp.com, which is clearly different from thecapitalbrain.com. So, are the fraudsters providing links to the registration and license of a completely different organization? Yes.
Is the address in the UK fake? And not only in the UK. In the other two jurisdictions, the company does not actually have branches. These are fabricated addresses. The same goes for licenses from the FCA, ASIC, DFSA, and CySEC. None of these regulators have issued a permit for brokerage activities. The fraudsters are literally lying.
Capital Brain also lists liquidity providers such as Deutsche Bank, Bank of America, and other global banks. However, this is also a lie. Such liquidity providers do not work with small and illegal CFD brokers. Essentially, there is no connection to liquidity providers here, and the platform literally processes traders’ transactions internally, meaning it operates as a dealing desk.
What Reviews Do Users Leave?
The low number of reviews about Capital Brain once again confirms the short existence of the platform and the false data about nearly 8 million clients. If there were truly 8 million traders here, the number of mentions on the internet would be enormous.
The first comments began to appear only in July 2024, and they are positive, which also indicates their fakeness. In other words, there are not only a few reviews about the firm, but the positive comments are also fake. This is a double drawback.
Conclusions
Capital Brain lies about everything: licenses, operating period, number of clients, liquidity providers, and reliability. This is an illegal broker hiding behind someone else’s legal data and licenses. Should you trust such a company? Of course not, so investing here is not worth it. It is a pointless risk.
Pros/Cons
- You can try the service without depositing funds.
- There is a lot of fake information on the website.
- The operating period is very short.
- Illegal activity.
- Fake positive reviews.
Be careful! Withdrawals do not work at Capital Brain. I was lucky that I first tried with a small amount. The goal was to understand if trading here was possible, so I invested $200. I quickly managed to earn an additional $150 on top of my investment. I submitted a withdrawal request for this money, but it was useless. The fraudsters do not allow withdrawals. The request is not even processed. So the money is stuck, and the company turned out to be a scam and a fake. Do not fall for it, do not trust them if they invite you to this fake garbage. I do not regret losing $200 too much. Although I planned to invest larger amounts, like $5000, if the test was successful, it is good that it ended at the first stage. Now I can say that the broker does not process withdrawals.
A very suspicious company! They claim to have extensive customer service experience, but there are very few reviews about them on the internet. The licenses are issued to a different firm, or this is their main organization. I do not know, but it looks very suspicious.
I do not recommend taking risks for no reason. It is better not to invest here. You could easily encounter manipulation and attempts to get you to make additional investments. There are many other, more well-known and safer companies. It is better to trade with them.