Is Gamma Capitals Trade a reputable broker or a fraudster?
Gamma Capitals’ website has a profusion of incorrect information. For example, the firm claims to have been in operation for the past eight years, despite the fact that it was founded in 2019 and received an international award in 2011. You can understand why we don’t trust them already.
Furthermore, the company claims that “we are a regulated broker with a license.” According to our investigation, the website’s owner is Tanquam Limited, which was founded in April 2022 in Saint Vincent and the Grenadines. We reviewed other registers, like FCA, ASIC, BaFin, and others, because this offshore jurisdiction has no FX and CFD financial regulator. Naturally, there is no Gamma Capitals regulation.
Gamma Capitals is not a legitimate financial service provider. The company was founded in Saint Vincent and the Grenadines without a proper license. There are also numerous negative reviews.
Reasons to Avoid Using an Unlicensed Broker
Offshore and unregulated brokers are frequently deceitful. They will attempt to sell you stories about rules, legitimacy, superior trading technologies, and other such things. In reality, you will be duped, and they will disappear. You have nowhere to file a complaint and no money-back guarantee if they don’t have a license.
What Are Traders Saying About Gamma Capitals?
When dealing with a dodgy offshore organization, it’s impossible to have positive results. Gamma Capitals reviews attest to this. Customers stated that their access to the platform and money were suspended immediately after they requested withdrawals. It’s nothing new, and scheme brokers do it all the time. That is why it is critical to conduct due diligence and research the company before spending any money.
Can I Register on the Platform?
In a nutshell, the answer is no. When you open an account to test the platform, you will be informed that you can only reset your password if you are an existing customer. Otherwise, you will be denied entry. Another strategy used by scheme brokers is to force you to speak with their workers, who will extract more than a minimum deposit.
Gamma Capitals Deception
Gamma Capitals has a Bonus Policy, but it is empty. Instead of giving you with bonus terms and withdrawal eligibility, this company included a quote from John Donne. As if that can help you reclaim your payments in the event of fraud.
Customers are now being asked to pay fees in advance to cover bank transactions and taxes. Trading commissions should be removed from profits because no trading company can pay your fees and taxes. Don’t believe the story, and don’t give them any more money than you have already.
Communication Channels and Service for Customer Support
Customers are contacted by the following channels:
Emails and phone calls.
Dating applications such as Tinder, Bumble, and Grindr are popular on social media platforms such as Facebook and Instagram.
If you desire to contact them, you can do it through a form on the website or the UK phone number they have listed. Nobody will answer in either circumstance.
What Trading Terms Are Available From Gamma Capitals?
We attempted to learn about trading terminologies because we knew nothing about trading instruments. Of course, without access to the platform and with a slew of false information, this is exceptionally difficult. Of course, T&C wasn’t as helpful because it primarily addresses broker rights. Let’s see what leverage and spread look like.
About Leverage and Spread
The leverage goes up to 1:500, directly against regulatory standards, proving this firm is unregulated. Furthermore, the spread was not made public. Basically, you can’t get any information about trading costs anywhere. When trading online, this is not a good thing.
Gamma Capitals Deposit and Withdrawal Methods, as well as Fees
According to the terms and conditions, the client’s account shall be paid with a cryptocurrency wallet and a minimum of 0.1 BTC. It was worth more than $2,000 at the time of writing this review. As a result, not only is the payment method dubious because crypto transactions are difficult to track, but the minimum deposit is also large.
The crypto wallet is also the only withdrawal method, and the broker reserves the right to deny the request if it comes from a wallet other than the one used to deposit the funds.
Scammed by Gamma Capitals Broker? – Allow Us Hear Your Story
Please notify us if a Gamma Capitals broker has defrauded you or someone close to you. Our crypto experts would gladly assist you with this situation and assist you in recovering what is rightfully yours. Tracking crypto transactions and locating the wallet owner requires a true expert. We only have the greatest among us. Contact us right away to schedule a free consultation, and get started.