ECNCapital.com Review

SCAM
1 • 2 REVIEWS
Out of business Moslok Ltd Prisma Global Ltd
Updated: Feb 6, 2024
ECNCapital (Moslok Ltd) is a forex broker. ECN Capital offers the SIRIX forex online trading platforms. ECNCapital.com offers over 45 forex pairs, stocks and commodities for your personal investment and trading options.
SCAM CONFIRMATION

November 2017:  The FPA has verified that ECNCapital.com is related to the Trade-24.com.  Trade-24 received an FPA Scam Confirmation in June 2016.

The FPA thanks simon.g@ecncapital.com for his efforts to leave fake reviews at the FPA.  Because of him, we checked ECN Capital more closely and discovered the link to Trade-24.

SCAM CONFIRMATION
2017-10-24:  FINMA (The Swiss Financial Supervisory Authority) has placed ECNCapital.com on its warning list.  CLICK HERE to verify.
2017-09-22:  The Estonian Financial Supervision Authority has issued an Investor Alert regarding Moslok Ltd. (ecncapital.com) for offering services in Estonia without regulatory authorization.  CLICK HERE to verify.
Website is down. Company seems to be out of business.
Related sites include Trade-24.com
ECNCapital.com
SCAM
SCAM
1 • 2 REVIEWS

Recent User Reviews of ECNCapital.com

B
barry8purdon
Cape Town, South Africa,
Mar 1, 2018,
Registered user

Absolute SCAM ARTISTS

They are scam artists continue to try and put pressure on one to continue to add more funds, but never see a return on your investment, and when you have a positive balance you cannot withdraw any funds . This is due to the fact that they give you a bonus when you deposit funds. At one stage I had a balance of over $3000.00 and tried withdraw funds to try and make up my losses but to no avail, however they say on the website withdraw funds without a problem just another lie from these scam artists.
D
DaveW
Zurich, Switzerland (Using an anonymous proxy),
Oct 26, 2017,
Registered user

Such Disappointment (because I got caught spamming and couldn't lie my way out of it)

It hurts to see once more how unprofessional this website is.

ForexPeaceArmy is known for years to be blackmailing all Forex companies around the world, taking bribes, has multiple law suits against them, but they never learn to appreciate cooperation.

Dear Moderator (Ignorant) , ECN Capital has several offices, none of them even remotely connected to the country of Bulgaria.
It is additional black mark on your resume to try and hurt the reputation of proper forex companies (of which there are few).
ECN Capital is based in Zurich, operates from Zurich, and our entire front operation and client connection is in Zurich. Probably you have heard of it - it is in Switzerland.

I am taking this time to politely ask you not to do with us as you do with all other companies (your reputation precedes you) and not to blackmail us for money so you can remove the bad comments that YOU (not clients) put yourself (mostly anonymously).

I am directly connected to the company, and it doesn't take to be Sherlock Holmes to see that from my writings, so please don't try to make it look suspicious, just so you can get more money.
Also, make sure you don't delete this review, as you do with all positive reviews from clients around the world towards other companies - YES I have been tracking your activities for quite some time.
Best Regards
Dave Webster
Forex Peace Army
Review moderation team note
Hello Dave, or should we call you Simon G?  You signed up for your forums account from simon.g@ecncapital.com

It hurts to see how many lies you'll tell.


Normally, the FPA doesn't approve items which are not reviews on a review page.  We're going to make a 1 time exception to try to educate you out of your ignorance.

You need to learn some facts before throwing out false allegations.  You also need to stop lying about your location.  Your forums account, your forums posts, and your fake "client review" were all done IP 94.156.232.14, which is in Bulgaria.  This was from September 6th to October 24th, so we don't think you were just visiting Bulgaria.  You now used an anonymous proxy to try to pretend to be in Switzerland to submit this review.

Even the "Contact Us" on ECNCapital.com doesn't claim your company has an office in Switzerland.  If it was, you would need to have Swiss Regulation.  You don't.  Instead, it says the company is in Cyprus.  Maybe you've heard of it.  It's a big island in the Mediterranean.  Oddly enough, ECN Capital doesn't mention a Cysec license on its website either.

So far, the only reviews submitted for ECNCapital.com came from you.  In the first review you submitted, you pretended to be a client.  Now you are trying to libel the FPA because you got caught acting unethically and unprofessionally.

The only "blackmail" the FPA does is to encourage companies to pay real clients what is owed.  The FPA does not and never has demanded one cent from any company remove any review or forums post.  The FPA never had any plan to ask your company for 1 cent to remove the fake "client" review you submitted.  Instead, there is a 100% free option CEOs can follow to eventually have a fake review like yours taken down.  Since you seem to think this isn't real, we'll be happy to leave the blackmark that you personally earned for ECN Capital on permanent display.

Advertisers at the FPA buy banner impressions, not special treatment.  More than one advertising contract was cancelled and unused funds were returned when the advertiser started mistreating clients.  We will now inform the advertising department that your unethical actions and continued lies make ECNCapital ineligible for an advertising contract.

You also seem upset that the FPA wouldn't defend you when you got into an argument with a client in the forums.  If you had tried answering the client's questions instead of just calling him a liar over and over again, you would have done better.  Of course, that would have required a much more professional attitude than you seem to possess.  We suggest you resign your position and ask the CEO to hire someone more competent in order to help ECN Capital eventually gain a better reputation.

We also suggest you spend some time reading the FPA's FAQ instead of libel posted by scam companies which got caught.  Start with these two items...

Do advertisers get special treatment in the forums and reviews?

What happens if a company is caught leaving fake reviews for itself?
D
DaveW
Zurich, Switzerland (Really ECNCapital's offices in Bulgaria),
Oct 24, 2017,
Registered user

ECN Capital is one of the few companies on the market that actually cares about the little guy as well. Even 250$ gets you at least 2 times a week private time with a pro-broker who gives you tips and tricks, makes you write rules about the market, gives you homework and makes sure you use SL and TP on your trades.
It is important to start with a good experience on the market, not just get burnt by a company with 2 positions, lose everything and ask for more...Deposits are instant, withdrawals are fast (if all conditions are met and KYC documentation is done properly) otherwise it may take more time. It's a fair broker who plays by the rules with the only goal to accumulate clients and establish itself as a solid brand on the market.
Forex Peace Army
Review moderation team note
4 Star rating removed.

"DaveW" forgot to mention that he's an ECNCapital Employee who posted this from his office in Bulgaria.

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.