CapitalCityMarkets.com Review

1.62 • 30 REVIEWS
Out of business
Updated: Aug 30, 2022
CapitalCityMarkets is a forex broker. Capital City Markets offers the MT4 and MT4 Mobile forex trading top platform. CapitalCityMarkets.com offers over 5 forex currency pairs, cfds, commodities and spot metals for your personal investment and trading options.
2019-07-04:  The Vanuatu Financial Services Commission revoked the license of Capital City Markets.  CLICK HERE to verify.

Website is down. Company seems to be out of business.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $100
Established: 2015
Address: Vantu House, 133 Santina Parade Elluk, Port Vila, Efate, Vanuatu
Contact: info@capitalcitymarkets.com, +44-207-442-5903
Regional offices:
Regulators: VFSC #014683
Prohibited countries: Unknown
Trading platforms: MT4
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (40+)
Cryptocurrencies: (1) Bitcoin
CFD: (5+) Gold, Silver, Stocks

Trading Conditions

Scalping: ✅ Yes

Managed Accounts & Social Trading

PAMM: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Local Bank Transfers, Neteller, Skrill, Trustly
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Local Bank Transfers, Neteller, Skrill, Trustly
* Please check broker website for more information
1.62 • 30 REVIEWS

Recent User Reviews of CapitalCityMarkets.com

C
clearsearcher
Texas, USA,
Aug 29, 2022,
Registered user

Scam broker

Service use: Live Length of use: 6-12 Months
Accounts were transferred to Capital City Markets from Tallinex back when they dumped US traders. Subsequently Capital City closed and kept the money in my account with them. It was only about $1000. But I heard of others losing $100,000+. I'd be suspicious opening an account with any broker in Vanautu as that's where they were located.
E
Eman
Manchester, United Kingdom,
Nov 12, 2019,
Guest

SCAM STAY AWAY

Service use: Live Length of use: over 1 Year
This company is a scam.
I cant access my funds and the company claims their accounts have been frozen and subject to investigation. Its been over one year now and they keep saying their is no update.
B
Brian
OK, USA,
Oct 30, 2019,
Guest

WHO IS INTERESTED IN A CLASS ACTION LAWSUIT AGAINST KUVERA

Service use: Live
I lost a significant amount of money to these bastards at Capital City Markets via Kuvera. Did anyone else experience the same ? I would be more than happy to speak with you regarding this issue.

A class action federal lawsuit should get their attention.
3 traders have found this review helpful
M
Michael
-, Germany,
Aug 26, 2019,
Guest

Regulated by VFSC??

Service use: Live Length of use: 3-6 Months
Perhabs I also lost my deposit. But I can't imagine that it's a scam. Obviously CCM is regulated by Vanuatu Financial Services Commission (VFSC). I searched in the database of VFSC for CCM, and indeed, I found it. So I will contact VFSC. Maybe more people should contact them - not CCM.
N
NA
NA, USA,
Aug 9, 2019,
Guest

My account balance with Capital City Markets was $33,000 USD

Service use: Live Length of use: over 1 Year
My account balance with Capital City Markets was $33,000 USD when they deactivated my login. Hope CCM staff who stole money get the justice they deserve - sooner or later they will pay.
3 traders have found this review helpful
J
Jaden
New York, USA,
May 9, 2019,
Guest

The jig is up

It is clear that CCM is nearly untouchable, being that its an offshore “broker” based in Vanuatu. They are also not registered by the CFTC. Therefore, we should hold Kuvera Global responsible for this unethical scamming of thousands, perhaps millions of people. In the meantime, wait until their judgement day comes. White collar crimes will merit a deeper circle in hell than honest folk could ever acheive.
1 trader has found this review helpful
I
IraBear
New Jersey, USA,
Apr 8, 2019,
Registered user

Capital City Markets took my money - interested in recourse if there is any

I was scammed by Capital City Markets. My funds were parked in two of their accounts - many thousands of dollars. As everyone now knows, they closed shop and took investor money. Capital City Markets was an offshoot of Tallinex - they used the same back office and had the same spreads as Tallinex. Capital City Markets was created to service clients from the United States.

Both Tallinex and Capital City Markets disappeared at about the same time. The messages on the back office website are identical.
1 trader has found this review helpful
T
Tim_123
USA,
Mar 10, 2019,
Registered user

CapitalCityMarkets stole 18k USD from me.
Anyone know the names of the owners of this company?

Nov 12, 2018 - 1 Star CapitalCityMarkets is a fraud/ponzi scheme. I had a forex account with Tallinex that was traded by a money manager and they transferred it to CapitalCityMarkets.The money manager traded the transferred account for a year after the transfer.I never took any withdrawals.How ever when I requested a full funds(over 15K) withdrawal in July 07/2017.Nine days passed and the funds had not been sent to my bank.When I asked why it was taking so long. CapitalCityMarkets responded with this statement "We are currently having difficulties with our bank. Apologies for the delay."
On 8/13/2017 still not received my funds.I sent another request for an update.This was their statement"We would like to bring our sincere apologies, as we are still facing slight difficulties regarding withdrawals.

While we are doing our utmost best to clear the withdrawals in a timely manner, we are limited by our Banking facilities. Due to changes in their internal policies, they are now limiting the amount of withdrawals that can be sent out per day. This, of course, has slowed the entire process down significantly. Currently, we do not have a specific time frame to provide you with, as the situation is out of our hands. Once we have an update on the situation, we will be sure to let you know firsthand.

Please do note that by no means are we looking to keep the funds and have every intention of returning them as soon as possible.

Again, we apologize for any inconveniences caused by this and thank you kindly for your understanding and patience."

On 9/26/2017 still not received my funds.I sent another update request.CapitalCityMarkets ignored the update request and never responded.

On 11/02/2017 still not received my funds.I sent another update request.CapitalCityMarkets has again ignored the update request and never responded.

4 months after original withdrawal request, still have not received any funds returned.

The money manager claims he can do nothing,even tho Tallinex was the broker he was working with originally and was where he had required all his USA clients open the accounts with.
1 trader has found this review helpful
A
AlexD.
Germany,
Feb 13, 2019,
Registered user

With me also no disbursement takes place. Have been tormented all the last year.
10,000 euros away.
Company Kuvera does not do anything.
We do not see that again.
Log in to Capital City Markets is not working. Are already over all mountains.
If you want to do something, I'm there
Alex
D
Derrick DK
Gainesville, FL, USA,
Feb 1, 2019,
Guest

Scammed by Capital City Markets

I cannot access my funds or money. I dont know how they can get away with this. This is corruption. Can someone please let me know what to do. I have already reported them and now I am looking to take more action on this