Growup Capitals
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Growup Capitals Broker - signs of fraud, reviews from ex-clients about loss of money
Growup Capitals is a financial company that offers users a wide range of instruments and assets for trading on the international market. However, Forex Rating specialists checked the data regarding the company’s reliability and found out whether you should really trust it with your money.
| Status |
SCAM |
| Year of foundation |
2018 |
| Affiliate program |
No |
| Regulation and jurisdiction |
FSA |
| Website |
https://growupcapitals.com/ |
| Contacts |
+447587672876 SUITE NO 305, GRIFFITH CORPORATE CENTRE, BEACHMONT, P.O BOX 1510, KINGSTOWN, SAINT VINCENT AND THE GRENADINES |
- Low minimum deposit - from $50
- 24/7 support
- Offshore registration and no real license
- Numerous negative comments about the project
- Anonymity of the broker's founders
- Lack of security guarantees
- Lack of educational platform
| Trading Platform |
Growup Capitals Trading Platform Mobile Platform |
| Types of accounts |
Beginner Bonus Expert Skilled |
| Currency |
USD, EUR |
| Deposit/withdrawal |
Credit cards Visa/Mastercard/Maestro Electronic wallets International payment systems WireTransfer |
| Min Deposit |
$50 |
| Leverage |
1:1-1:500 |
| Financial Instruments |
Currency pairs, cryptocurrency, indices, commodities, precious metals, shares of large international companies, energy. |
| Order execution |
Market |
| Trading Features |
A financial project that guarantees a wide range of trading instruments for profitable trading and investing on the international market. |
| Competitions and bonuses |
Welcome bonus up to 100% |
Terms of cooperation with Growup Capitals
The official website of the company indicates that it was founded back in 2018, but in reality it turned out that the project was registered only at the end of 2023. It is clear to the naked eye that this is an ordinary SCAM that lures users with a false legend promoting the reliability and safety of cooperation with the office.
Our experts also highlighted the lack of information regarding the founders of the platform. The main focus on the service page is only free access to numerous markets, as well as a wide range of financial instruments. At the same time, there are absolutely no statistical indicators that could indicate the effectiveness of cooperation with this platform.
To begin, potential clients of the brokerage organization need to register on the company’s official page. Only after this you will be able to access your account and trading terminal. At the same time, inGroup Capitals personal account you have to choose your tariff according to which further trading will take place.
There are 4 main options available:
- Growup Beginner Account – minimum deposit $50, leverage 1:50, hedging available;
- Growup Bonus Account – deposit from $1,000, bonus up to 30%, leverage 1:300, spreads from 2.0 points;
- Growup Expert Account – deposit from $500, leverage 1:500, spreads from 1.5 points, no commissions;
- Growup Skilled Account – deposit from $2,000, leverage 1:200, commission $7 per lot.
A demo account is also available, which comes with many commissions and additional payments.
Security of trading with a broker
The scammers themselves claim that their office has an FSA offshore license. However, we never found any mention of this sham in the registers of the financial commission. Obviously, the document is fictitious, as are the contact details, which certainly will not help you contact consultants or administrators to resolve problems regarding your account.
Legal documents, in turn, provide for a set of pitfalls that deprive traders of the right to independently manage their deposits, which also qualifies this office as a scam.
Which reviews about Group Capitals?
Our experts have found many reviews about the broker, which showed the true face of this sharaga. First of all, there is a complete lack of support, so it is difficult for traders to learn the principles of trading on the platform. Victims of scammers also emphasize the lack of the ability to withdraw funds and the cancellation of accounts by scammers almost immediately after replenishing the balance.
Expert verdict about the company
Our editorial experts carefully studied the data regarding the work broker Growup Capitals, which in practice turned out to be a SCAM. This is indicated by the lack of official registration, as well as numerous negative reviews from real clients of the company. Therefore, we do not advise you to deal with these scammers, and in case of loss of funds, it is better to contact our chargeback department who will definitely help you get your money back.
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FAQ
Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about Growup Capitals on the main page of the broker’s profile.
You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how to leave a review about the company Growup Capitals.
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Expert opinion
Many users are looking for a suitable financial partner who will offer the most favorable conditions for online trading. However, among these types of projects, most often there are scammers who are engaged only in their own enrichment. Therefore, novice traders should always devote time to the availability of official documentation of a particular service. It is also important to pay attention to the license and registration of the company. At the same time, it is also necessary to look for real reviews about the project. They will also help you identify a reliable financial intermediary.