Capital Bank Markets connected to Greymountain Management Ltd is probably a bogus broker.
I started trading with Capital Bank Markets by following a broker from another brokerage. Things went well for about two months. I deposited money, he doubled the account by trading it as a managed account. He then basically disappeared. Since then I have had a couple of calls from other brokers who want me to deposit more money. Not likely. I was able to triple my account on my own. So I went from 20K to 42K with broker then to 127K. I have had a couple of conversations with Frank Hoover who is according to the secretary who answers the phone is pretty high up in the chain of command. He offered to put me in a managed plan that would earn 6 to 8 percent per month and he and his traders would take a 30 percent cut to split. I have not been able to get him to follow up on that or allow for any withdrawals I have requested. No response, period. I also discovered here the fact that most BO companies using Greymountain Management Ltd. That indicates Capital Bank Markets may be a fraud as many others are. I would at least like to get my 20K back. Do not deposit with Capital Bank Markets.
I started trading with Capital Bank Markets by following a broker from another brokerage. Things went well for about two months. I deposited money, he doubled the account by trading it as a managed account. He then basically disappeared. Since then I have had a couple of calls from other brokers who want me to deposit more money. Not likely. I was able to triple my account on my own. So I went from 20K to 42K with broker then to 127K. I have had a couple of conversations with Frank Hoover who is according to the secretary who answers the phone is pretty high up in the chain of command. He offered to put me in a managed plan that would earn 6 to 8 percent per month and he and his traders would take a 30 percent cut to split. I have not been able to get him to follow up on that or allow for any withdrawals I have requested. No response, period. I also discovered here the fact that most BO companies using Greymountain Management Ltd. That indicates Capital Bank Markets may be a fraud as many others are. I would at least like to get my 20K back. Do not deposit with Capital Bank Markets.