ProCapitalMarkets Complaint – ProCapitalMarkets Review

Is ProCapitalMarkets a scam Broker?

Pro Capital Markets is a CFD and forex broker that is owned and operated by Varalen Capital Markets llc. registered in New York, USA. Pro Capital Markets does not mention on its website any security measures that they might have provided in assuring the safety of the clients’ funds. There is an ID number mentioned without enough clarity to what exactly it may be related to. As the broker has mentioned an American address, but when we check the online registry of the relevant authorities there, we could not find Varalen Capital Markets registered with them.

The broker mentioned on its website that it is owned by more than one company, and some of them are registered in the Marshall Islands, which further increases doubts about the legitimacy of the whole project. The Marshall Islands is a favorite spot for the shady and scam brokers to register and we have come across many such scam brokers registered on the Islands. Furthermore, we found that the broker offers a leverage ratio of 1:500 which is way too high compared to the industry’s average. The broker Pro Capital Markets is not licensed by any authority to provide such financial services, and probably runs a scam.

If you have traded with ProCapitalMarkets and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed ProCapitalMarkets review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.

Is ProCapitalMarkets a scam or legit broker?

ProCapitalMarkets has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with ProCapitalMarkets contact them immediately and try to get your fund out. If the ProCapitalMarkets has done the following, you have probably a victim of ProCapitalMarkets scam broker.

Reason to suspect a scam broker is in action:

• The broker froze your account
• The broker blocked your account
• You cannot login back into your account
• Money has been taken out from the account
• The broker doesn’t take your calls
• The broker shut down his website
• You noticed the broker took money out from your bank account with out your permission
• The broker is offering you a bonus
• The broker is offering you to fund more money into the account after you lost a large sum

Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.