Power Capital is a new offshore scam

Many stockbrokers promise to trade on the financial markets, implementing this business with professional support and on favorable terms, but not all of them are interested in transparent, fruitful cooperation. Some brokers tell fables about benefits and prospects solely in order to quickly rob a gullible victim, pulling finances out of her.

An example of a newly minted scam telling tales of globality and fair treatment of customers is Power Capital. A fact check on the company and its documents proves that Power Capital are offshore scammers created in order to successfully rob. By contacting this company, users risk losing their money forever, so you should think a hundred times before taking the word of crooks.

Overview of the work of the DC and the trading conditions offered here

The first impression from the review of the main page of the office's official resource is a typical scam created to lure out finances. The DC resource is frankly poor and of poor quality, it functions only in Russian and English, which is inherent in all scammers, and it is also full of beautiful phrases, but there are few specifics and facts that are also worth taking into account.

As for the information content of the company's website, the review of Power Capital shows, to offer, to tell about itself and to promise traders here they are ready to do the following:

• the presence of protection against negative balance;
• the possibility of keeping finances on segregated balance sheets;
• work with competitive, low spreads;
• the quality of investment and financial services is high;
• the introduction of innovations in the work of the company practices regularly;
• professional service for traders at all stages;
• the services provided are regularly updated and improved;
• available assets - raw materials, indices, stocks, currencies, cryptocurrency;
• leverage up to 1:300;
• real accounts 6 - Standard, Bronze, Silver, Gold, Platinum ESN;

• the company allows traders to open Islamic accounts;
• the chief analyst provides daily market reviews;
• managing an account is easy, everyone will figure it out;
• users can work with a convenient personal account;
• terminals can be used in desktop and mobile;
• the trading conditions of the site will be optimal for scalpers.

The firm offers clients to register an account in 1 click, as well as the use of platforms in many languages. The broker tells clients that it receives quotes only from first-tier suppliers, and the exchange trader's consultants are also ready to assist traders 24/6.

After registration on the company's website and verification, clients will immediately be able to make a deposit by starting trading. Methods for depositing and withdrawing funds from Power Capital are comfortable and available to every trader.

A detailed examination of the conditions on the website of the exchange trader, who presents himself as a global one, allows you to understand that there are too few specifics here, there are no reviews about Power Capital on the network. The level of attendance of the resource on the network is also low, mentions of it in RuNet are just beginning to appear, which indicates the minimum real period of the company's work and deception on its part.

Facts Pointing to the Power Capital Fraud

Checking the Power Capital company and the terms of cooperation with it makes it clear that the creators of the site are trying to maintain complete anonymity, try once again not to communicate with clients, do not name the personalities of the leaders, but then it would be more difficult for clients to find the culprits of their losses. The Power Capital scam hid all the registration data in the agreement, and the document was not even worthy of being translated into Russian, so that the traders themselves would rack their brains over studying all the nuances of the document.

As the owner of the brokerage site, they indicated a company that oversees many more scams, and now its resource is not available at all, it is obvious that Sharashka's office was closed. The registration address specified in the agreement is the place of mass registration of scammers in Saint Vincent and the Grenadines, which is easy to verify.

The company did not add copies of the certificate of incorporation, license and management data to its resource, they do not tell here about the identity of the owner of the office, and from the contacts of the office it can be understood that communication here is possible only unilaterally.

The company also prescribes in its agreement clauses that will be unprofitable for traders, representatives of Power Capital do not accept responsibility for anything. The office prescribed the conditions for working out bonuses cunningly, because traders will not be able to fulfill them, and accordingly, it will not work to withdraw money from the balance.

Company website - basic data

Having got acquainted with the activities of the Forex stock trader in detail, having carried out a complete review of the official site of Power Capital, the data on the site turned out to be as follows:

• the address of the company in the network - https://powercapital.pro/;
• launch date of the official brokerage resource – May 11, 2022;
• information about the owner of the scam – information is not available, registration is private;
• communication with users and contacts - the standard form of the site, e-mail [email protected], address of registration of crooks Suite 305, Griffith Corporate Center, Beach Mont, Kingstown, St. Vincent and the Grenadines (mass location of sharashkin offices).

Communication here was organized unilaterally, so as not to once again listen to the claims of traders, therefore, you should not contact this office, since there will be no help and support here.

Reviews about Power Capital

Attempts to find reviews of Power Capital on the network ended in failure, because the scam has existed for 2 months, has not yet had time to swindle naive newcomers in full. Despite the lack of reviews about the office on the network, checking other facts about it proves that DC is an anonymous scam project created to lure funds. Cooperation with a broker will not lead to something good, you should beware of it.

List of sources

To write this review, information was used from the official website of the broker in question, additional data was taken from the sites vklader com, www cbr ru, www google com, bo linkedin com.