CappmoreFX, an online cryptocurrency information organization, claims to provide relevant financial material, including the most recent news and evaluations of financial goods like CFD/Stockbrokers and Crypto exchanges.
In this post, we are going to review CappmoreFX.com and let you know if it is a legit platform or not.
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What is Cappmorefx?
Cappmorefx is a financial news portal that offers real-time data, quotes, charts, breaking news, and analysis on financial exchanges all around the world. It also offers an affiliate program that allows its members to earn more incentives.
Reportedly Ajay Arya is the CEO of Cappmorefx and its headquarters are claimed to situated in St Vincent & the Grenadines.
Additionally, according to Cappmorefx, it employs more than 50 people in several locations throughout the world, including Hong Kong, Malaysia, India, the Philippines, the United Arab Emirates, London, Indonesia, and Singapore.
According to SimilarWeb, the total visits on the Cappmorefx.com website is 47k+ monthly and its domain was last updated on January 2023, as per WHOIS.
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|Domain registration date
|7 November 2021
|Suite #305, Griffith Corporate Centre, Beachmont, Kingstown, SVG
After investigating Cappmorefx’s company profile and business model, we found several red flags in it. Let’s take a closer look:
- Not subject to regulation anywhere
- No information about senior executives
- Unreasonable returns
- Bogus contact support
- Register as a shell company
- Negative reviews on the internet
Because every legitimate business takes enough time to provide reasonable returns, this company’s unreasonably high returns on its compensation plan and affiliate program should be a major warning sign.
Additionally, the company’s unfavorable online reviews further indicate that Cappmorefx is conducting business in an unethical manner.
Cappmorefx is actually operated from India, but to prove themselves legal, they are registered in St Vincent & the Grenadines as Cappmore Wealth Managers LLC.
St Vincent & the Grenadines is a global favorite spot for scam companies to prove themselves legal.
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Who is the operator of Cappmorefx?
Ajay Arya is the CEO of Cappmorefx.
From where Cappmorefx is operating?
Cappmorefx is operating from SVG.
Is Cappmorefx legit?
No, Cappmorefx doesn’t appear to be a legit platform.
Should I join Cappmorefx?
You can join Cappmorefx but at your own risk.
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