Do not trust brokerage companies without detailed research, even if they claim that it is safe and profitable to cooperate with them. Capitaliko has no reviews and looks like yet another scam offering fake brokerage services. Most likely, the firm deceives people, so let’s try to investigate.
Brief Overview
- 🖥Official Website: capitaliko.com
- ✈️Contact Address: Bonovo Road – Fomboni, Island of Mohéli – Comoros Union
- 📞Customer Support: [email protected]
- 🔐Licensing and Accreditation: no
- ⏳Track Record: since 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: not known
- 💰Additional Services: no
Capitaliko.com Overview
Uninformative, template-based, and useless – this is how the official website can be characterized. At the top of the site, there are only three sections with information about the company, contacts, and products. The firm does not provide any details about itself, and most of the text is meaningless as it is just a collection of phrases that are not worth reading.
The broker has decided not to provide users with a detailed description of tariff plans and trading conditions. The user agreement and other legal documents are simply copied. Furthermore, important information about the duration of operation, licenses, and other guarantees of reliability is missing.
Company Contacts
You can contact the broker’s representatives via email and online chat, but they do not seem to respond. Although there is also a feedback form where you can write a message, it probably does not make much sense either. Notably absent are a phone number and social media accounts, which are important details for any online broker.
The legal address is in Mwali, Comoros. This is an offshore jurisdiction, and it is unlikely that a real office is located there. Most likely, Capitaliko does not even have offices where company employees work.
Key Conditions
The biggest drawback of the broker is its opacity, secrecy, and anonymity. This also applies to the trading conditions, which are not specified here. Capitaliko does not disclose what commissions are charged for trading operations, what spreads and their types are, or the leverage and minimum deposit.
To start trading, you must first register a personal account and then undergo identity verification. However, it is not recommended to rush into uploading documents, as the firm operates illegally, and your sensitive information could end up in the wrong hands.
The homepage of the website claims to use the MetaTrader 4 platform – this is a lie. The trading platform within the personal account is nothing like the software from MetaQuotes. Instead, traders are offered a primitive WebTrader with minimal features. Additionally, there is no demo account, nor are there mobile versions for smartphones.
For depositing funds, only cryptocurrencies (BTC, ETH, or USDT) are offered. This is also a very suspicious practice because, in this case, the payment recipients can remain anonymous. Moreover, a successfully sent transaction cannot be canceled, and the funds cannot be returned.
Exposing Capitaliko
At first glance, it is easy to deduce that the company is suspicious and quite dangerous. Mainly, it does not have licenses. They are simply not mentioned on the official website, although every brokerage company should be regulated. The more licenses, the better. Second, total secrecy is a serious red flag. When did the platform start operating? It is unknown, but this can be determined in two ways:
- Date of registration of the legal entity. The footer mentions Arena Ltd, registered in Comoros. This is true; such an organization exists in the registry. It was founded on February 12, 2024.
- Date of registration of the domain capitaliko.com. It was created in May 2024.
These two facts indicate a short operating period, with the legal entity registered in February and the website appearing in May. How did the company operate for several months without a website? The conclusion is very simple – this is a young firm that does not have licenses, which means it falls into the category of highly risky brokers.
What Reviews Do Users Leave?
It is difficult to find any comments and mentions of Capitaliko on the internet. Firstly, this is due to the fact that the company’s name is poorly chosen, as there are many established and reputable organizations with similar names that show up when searching for reviews. It is possible that the scammers intentionally named their project this way to attract more attention from traders. Secondly, there are very few reviews, partly because of the short period the platform has been operational.
In any case, this is a serious negative factor. The more reviews about a company on the internet, the better, as it indicates a popular platform where many people trade. Such little-known firms are a fraudulent trap. The broker has no reputation or regular clients.
Conclusions
So, Capitaliko does not fit the definition of a safe and honest broker. The company is very secretive and anonymous. The scammers do not provide the founding date, license and insurance information, trading conditions, or other important data. It is unknown whether the commissions are high or not, whether the spreads are adequate or not, or whether the minimum deposit is high or not. Additionally, the website contains false information about the trading platform. There are almost no reviews online, and the domain is very fresh. The number of negative factors is overwhelming, which means it is not advisable to open a brokerage account here.
Pros/Cons
- False information is listed on the website.
- Key terms and conditions are not provided.
- No license is available.
- Too few reviews on the Internet.
- Very short period of operation.
- Unknown founders, anonymous management.
They insist that they offer deposits in cryptocurrencies simply because it’s the most modern method. However, the complete lack of credentials also made me suspicious.