Introduction
In the dynamic world of forex trading, numerous brokers promise extensive offerings to captivate potential traders.
One such platform is Carbon Capital FX, an offshore broker claiming to provide a variety of trading services.
In this comprehensive review, we will delve into the intricacies of Carbon Capital FX, discussing its background, services, and potential concerns to offer you a clear picture of the platform’s trustworthiness and efficiency.
CarbonCapitalFX Overview
Carbon Capital FX, an online trading brokerage, claiming to be owned by Carbon Capital Ltd and Trident Trust Co. (B.V.I.) Ltd. The company has offices at two different locations: Suite 305, Griffith Corporate Centre, Beachmont Kingstown, Saint Vincent and the Grenadines, and P. O. Box 146 Road Town, Tortola British Virgin Islands.
For inquiries or support needs, the team at Carbon Capital FX can be contacted by phone at 888 872 3339 or via email at info@carboncapitalfx.com.
Carbon Capital FX’s official website is carboncapitalfx.com.
It’s crucial to be cautious and perform comprehensive research before deciding to interact with any online trading platform, including Carbon Capital FX, to ensure your financial safety.
To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: United-Brokers.org and Ventezo.
Understanding the Identity of Carbon Capital FX
Questionable Ownership
Carbon Capital FX identifies itself as a branch of Trident Trust Co. (B.V.I.) Ltd on its website, indicating a location in the British Virgin Islands. However, an inspection of the broker’s terms and conditions contradicts this claim, as it specifies Carbon Capital Ltd, based in Saint Vincent and the Grenadines, as the owner.
This inconsistency doesn’t stand alone. As we delve deeper, we discover that the contact information provided by Carbon Capital FX does not align with that of Trident Trust Co. (B.V.I.) Ltd.
The contact details such as email and telephone numbers for Carbon Capital FX differ greatly from those listed for Trident Trust Co. (B.V.I.) Ltd in the British Virgin Islands Financial Services Commission (BVIFSC) register.
This mismatch adds yet another layer of ambiguity and concern. What bolsters the suspicion of potential identity usurpation is the evidence from the BVIFSC register.
A search for Trident Trust Co. (B.V.I.) Ltd in the register confirms its legitimate existence. However, the website associated with this registered company is tridenttrust.com, a far cry from carboncapitalfx.com, which Carbon Capital FX uses.
This stark contrast raises doubts about Carbon Capital FX’s proclaimed association with Trident Trust Co. (B.V.I.) Ltd and accentuates the questionable nature of its ownership claims.
Unregulated Forex Trading
Despite the ostensible association with Trident Trust Co. (B.V.I.) Ltd, Carbon Capital FX seems to function outside the purview of any regulatory body.
The Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), where Carbon Capital Ltd is located, has clearly stated that they do not license forex trading activities.
Therefore, any company engaging in forex trading from this jurisdiction is doing so without a proper license, presenting a considerable risk for traders.
Evaluating the Services of Carbon Capital FX
The CarbonTrader Platform
Carbon Capital FX boasts a proprietary trading platform, dubbed “The CarbonTrader”.
This platform claims to allow traders to mark up TradingView charts and execute trades simultaneously, bridging the gap that typically necessitates these actions to occur separately.
This innovation, while potentially convenient, should be evaluated in conjunction with the larger concerns about the broker’s legitimacy.
Education and Trading Assets
Carbon Capital FX offers a series of free courses, aiming to equip both novice and advanced traders with essential trading knowledge. The courses range from a beginner’s guide to forex trading to an advanced forex course, as well as a special course on crypto trading.
The platform purports to offer a variety of trading assets, including Forex, Indices, Energies, Metals, Futures, Cryptos, and Stocks. However, the lack of regulatory oversight could potentially put traders at risk despite these diverse offerings.
- Course Offerings: Beginner’s Forex Course, Forex Terminology Course, Forex Indicators Course, Forex Strategies Course, Advanced Forex Course, and Crypto Trading Course.
- Trading Assets: Forex (Majors, Minors, Exotics), Indices, Energies, Metals, Futures, Cryptos, and Stocks.
Deposit Bonus Offer
Carbon Capital FX offers a seemingly enticing feature for new traders – a 100% deposit bonus, which could reach up to $25,000, starting from a minimum deposit of just $25. However, potential clients must approach this with caution.
It’s worth noting that most major financial regulators, including the likes of the FCA, CySEC and ASIC, have banned deposit bonuses for brokers under their jurisdiction. This ban is primarily due to the high-risk nature of such promotions, as they often come with stringent conditions that could result in clients losing more money than they initially deposit.
Conclusion
While Carbon Capital FX presents an array of trading services and educational resources, the obscurity surrounding its ownership and the lack of regulatory oversight cast a long shadow over these offerings.
Potential traders should exercise caution and conduct thorough research before engaging with such platforms.
Got Scammed by Carbon Capital FX?
If you have lost money with Carbon Capital FX, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – can help you.
5 Simple Steps To Get A Chargeback From Carbon Capital FX
Follow our straightforward guide to efficiently reclaim your lost funds from Carbon Capital FX with minimal hassle.
- Complete the Form: Begin by completing the form above, providing necessary details about your case. This allows the team to understand your situation with Carbon Capital FX and prepare for the consultation.
- Get A Free Consultation: Schedule a free consultation with MyChargeBack team of experts. During this consultation, they will assess your case and offer guidance on the best course of action to recover your lost funds from Carbon Capital FX.
- In-Depth Case Analysis: As you proceed with MyChargeBack, their expert team conducts an in-depth analysis of your case, identifying the optimal chargeback strategy for fund recovery based on your unique circumstances.
- Recovery Process: Their team of specialists scrutinizes your case, collects evidence, and negotiates with the involved parties to expedite the recovery of your funds. MyChargeBack team will consistently communicate with you and your bank or card issuer during the chargeback process.
- Fee Payment: Upon successful recovery of your funds lost to Carbon Capital FX, MyChargeBack charges a fee as a percentage of the reclaimed amount. If fund recovery is unsuccessful, no fees apply, except in exceptionally complex cases.
Through these five straightforward steps, MyChargeBack simplifies the fund recovery process, enabling you to reclaim your money from Carbon Capital FX with minimal inconvenience.
FAQs
Who owns Carbon Capital FX?
Although the broker’s website suggests ownership by Trident Trust Co. (B.V.I.) Ltd, the terms and conditions indicate that Carbon Capital Ltd, located in Saint Vincent and the Grenadines, owns Carbon Capital FX.
Is Carbon Capital FX regulated?
No, Carbon Capital FX operates without a forex trading license in Saint Vincent and the Grenadines, where its actual owner is based.
What kind of trading platform does Carbon Capital FX use?
The broker has its own platform, CarbonTrader, which integrates TradingView chart markups and trade executions.
What educational resources does Carbon Capital FX offer?
Carbon Capital FX provides various courses, including those for beginners, advanced forex, and crypto trading.
What trading assets are available on Carbon Capital FX?
The platform claims to offer a wide variety, including Forex, Indices, Energies, Metals, Futures, Cryptos, and Stocks.