Forcap
Official information about the Forcap broker
The company Forcap is part of the well-known holding company Foreign Capital, headquartered in the Czech Republic. The main office of Forcap is located in Cyprus. The broker started operating in the Russian market in 2021, despite the long existence of the holding since 1919.
Advantages of the Forcap broker
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free account opening,
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24/7 technical support,
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modern trading equipment,
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ability to invest any amount.
The company provides the Czech registration number 283 55 571 and is a member of the Federal Deposit Insurance Corporation. The main contacts for communicating with traders are email and phone number.
Forcap trading conditions
Forcap offers trading on volatile cryptocurrency markets, with a minimum entry threshold of $25 and no restrictions on fund withdrawals.
There are 5 investment plans for periods: 1, 14, 30, 60, and 90 days. The income is 1% per day from the total investment amount, with a possible bonus of up to 5% depending on the term.
Traders can make multiple deposit investments, which will be summed up.
Account replenishment and fund withdrawal
Payments are made daily within 5 minutes – 24 hours. Transaction details are not disclosed, and commissions are not revealed. Various payment methods can be used, including cryptocurrency wallets.
Conclusion
The Forcap broker raises questions about the legal aspects and transaction details. For security reasons, we recommend carefully studying the information about the company and paying attention to customer reviews before registering.
My experience with Forcap Broker was highly unsatisfactory. Their website and platform were clunky and filled with inconsistent expenditure. Transparency wasn’t their strong suit, hidden fees unfurled at every corner. Customer service was non-responsive and lacked the expertise to handle my queries. Their resources for a learner were bare minimum and unhelpful. Cancellation of the service was another onerous task with their drawn-out process. All in all, I wouldn’t recommend Forcap to anyone seeking an efficient and user-friendly broker service.