As can be seen, the Macrocapital FX platform has its ownership, address, and contact details transparent. The company even shares its NFA registration number. At first glance, traders might think this brokerage is legitimate.
However, digging deeper into some details could reveal the shocking truth. To find out what statements are false, don’t miss out on a single thing in this Macrocapital FX review.
| Regulated By: | No Regulations |
| Is This Company Safe? | No |
| Known Websites: | |
| Have Warnings From: | N/A |
| Registered In: | US (allegedly) |
| Operating Since: | 2023 |
| Trading Platforms: | Web trader |
| Maximum Leverage: | 1:400 |
| Minimum Deposit: | N/A |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptos, forex, commodities, futures |
| Free Demo Account: | Not Available |
| How To Withdraw From This Company? | Considering false NFA regulatory statements, traders can definitely expect withdrawal issues. In case any problem occurs, don’t wait and contact our refund experts immediately for advice. |
Legal Info: Is Macrocapital FX Legit Or A Scam?
Firstly, this firm claims to be a member of the National Futures Association (NFA) in the United States. The ownership details presented belong to Macro Capital Group LTD with registration number 0557582. Yet, searching for these details brings out the truth that this firm is not an NFA member.
In addition to that, there’s no alternative regulation available. Yet, suitable options would be FCA, ASIC, BaFin or CFTC. But none of these registers hold any records of Macro Capital Group LTD being regulated.
Who Are Macrocapital FX’s Clients?
According to the company’s domain age, we can assume they have been active only for a couple of months. They have possibly been active with a different brand, but that’s currently the past. With Macrocapital FX brokerage, they are mainly operating in:
But to expand this list and help other traders stay away from this firm, let us know about your experience in the comments below. Also, you can contact us directly for quick feedback and refund advice if needed.
Investment Costs With Macrocapital FX
Another sign this firm is not operating legitimately in the US is its leverage of 1:400. Yet, all US regulators allow a maximum of 1:50 for retail traders. Besides, none of the other trading costs are revealed, such as commissions, spreads, and additional fees.
Thus, that’s the key innit? To make those up when they need it. But after this Macrocapital FX review, you’ll be equipped with the knowledge to avoid that.
Bonuses
In general, the company doesn’t have any welcome bonus offers available. At least not transparently.
Also, without transparent T&Cs, we are unable to check for bonus policy there either. Therefore, check our ToroAssets review to find out how bonus schemes can trick you.
Macrocapital FX Trading Features
Literally, the company doesn’t offer any advanced features whatsoever. If you are looking for copy and social trading, automated trading, EAs, or anything similar, you better look elsewhere. The only thing worth noticing is the liquidity the company mentions. Thus, without regulations, it’s hard to believe any of that.
Trading Platform Available
The best apps in the industry nowadays are cTrader and Meta Trader. With these, traders can trade freely and without fear of manipulation. However, with AppGlobalEasy this broker offers, the situation is a bit different.
The company offers a desktop version of the app for download. Thus, the download file is connected to the Sirix platform and not AppGlobalEasy. That’s not a good sign in any case.
Available Trading Assets
Another big disadvantage with this brokerage is that the company doesn’t offer stocks. Instead, traders can choose between:
- Forex – GBP/USD, EUR/JPY
- Futures – Crude oil, DAX30
- Metals – Gold, silver
- Cryptos – BTC, ETH
Account Types
Usually, trading firms have various account type offers that can suit any trader. But with this brokerage, everyone gets the same conditions.
Still, the Macrocapital FX minimum deposit requirement is unknown, and it’s hard to believe any of their offer is genuine. But to see how companies extort money through account types, check our Air FX review.
Mobile Trading App
If you were thinking this was all for today, there’s more. The company claims to offer iOS and Android mobile apps. Yet, the AppStore link leads you to HA-Tool. Quite an unknown and unreliable app in the trading world.
On top of that, the link for PlayStore gives you a direct download link from the company’s website. We were not eager to test it out, and you shouldn’t be either.
Demo Account
If the company wanted to offer any services transparently, they would offer a demo account in the first place. But they don’t. Therefore, why would you trust them in anything they say?
Instead, just check what Tier-1 licensed firms offer and you will realize the difference in quality.
Education
Generally, education plays a huge role in your trading results. If you are not experienced and equipped with knowledge, prepare for failure. But also, if you are trading with brokers that don’t offer any educational program at all, such as Macrocapital FX scam broker.
Macrocapital FX Withdrawal
One of the biggest problems here is the Macrocapital FX withdrawal procedure. Without T&Cs, transparent fees, processing time, and methods, it’s hard to know what’s going to happen. That’s easily avoided by trading with top-tier licensed firms.
In any case, there are some general tricks swindlers use, such as AML and KYC laws, verification problems, non-existent fees, and taxes.
Customer Support
As can be seen, the company is offering a phone line with US country code and e-mail. Thus, none of these have transparent availability hours. Therefore, you can only pray for a quick response. Important to mention is that very often, such phone numbers appear as VOIP services.
Key Information To Consider About Macrocapital FX
Firstly, the Macrocapital FX scam broker is misleading traders about NFA membership. Secondly, the company is not regulated by any reputable authority. Thirdly, the conditions and platform are not as transparent as they should be. We could go like this forever.
If you recognize any of these issues in your experience with any broker, reach out to us. Our refund specialists are ready to analyze your case and present you with adequate solutions. Most importantly, the first consultation has no obligations or costs. So, what are you waiting for? Book yours today!
FAQ Section
What is Macrocapital FX?
MAcrocapital FX is a brokerage allegedly registered in the United States with the name Macro Capital Group LTD.
Is Macrocapital FX Legit?
No. The company is misleading traders about registration with NFA and the company lacks necessary licenses.
Can I Trust Macrocapital FX With My Money?
Definitely not. Everything with this broker can only lead you to losing all of the funds. If that happens, contact our experts for refund assistance.
