The first thing a trader who wants to invest safely on financial markets and make money should do is choose the right and reliable broker. Unfortunately, most companies are fraudulent. They use various tricks, such as hiding behind the names, legal details, and licenses of other firms. If you were searching for information about this platform, you’ve found yourself in the Entrust Capital Limited review. Here you will learn what this organization really is and why you shouldn’t even consider opening an account.
Key Features
- Company Name: Entrust Capital Limited
- Website: https://entrustcapitalltd.com/
- Available Contacts: [email protected], +442840680054
- Foundation: 2024
- Services: CFD Trading
- License: –
- Initial Deposit: €100
From Sign-Up to Payout
Those who have been in the forex market for a long time will immediately recognize the familiar template in the design of the official website of Entrust Capital Limited. This template is used by fraudulent firms that are created solely for scamming. The website lists various facts and advantages that have nothing to do with reality.
You shouldn’t take everything written on brokerage websites at face value. Scammers can fabricate 20 years of experience, attribute themselves with accolades for the best service, issue themselves all sorts of licenses, and boast of having hundreds of thousands or even millions of clients. All this information requires thorough verification.
The official website is clear. It is nothing special, looks generic, like yet another fraudulent project. The personal account is the same; some sections in it don’t even work. For example, it’s unclear how to fund a deposit, as this window in the personal account doesn’t open. The broker doesn’t seem to be very transparent with future clients. Are you ready to invest money only through cryptocurrency? Most likely, this is the only option available here.
It’s better not to provide such a company with your contact details or go through identity verification. Your sensitive information could end up in fraudulent hands. For registration, use a disposable phone number and an unused email address. Don’t rush to complete KYC. First, check the company and make sure it operates legally. Only then can you be assured that your data will be stored securely.
Our Trading Experience With Entrust Capital Limited
As a trading terminal, a low-functionality web platform is used. It is not suitable for experienced traders. It is only use is to open and close orders, both market and pending. Conducting any serious analysis is impossible, as many features are simply missing. You can’t even download the platform to your PC or smartphone; it only works through a browser.
Why doesn’t Entrust Capital Limited connect to more well-known software? For example, a terminal from MetaQuotes would do an excellent job of providing clients with proper and advanced tools for earning on Forex/CFD. Either the company doesn’t have the money to buy a MetaTrader license or another serious terminal, or the scammers don’t want traders to feel comfortable. Perhaps it’s both at the same time.
The Reality Check
The next point in the Entrust Capital Limited review will be an examination of the company’s licenses, operating period, and legal details. These are the most important aspects of the business that shed light on the nature of the firm. As is well known, any broker is required to be officially registered and have a license. So, pay close attention to this.
The subject of our review boasts regulation by the DFSA. This is not surprising, given that according to the official website, the broker is based in Dubai. Inexperienced traders might find the DFSA registry, check the name for a license, and see that regulation indeed exists, and that the platform was registered on December 9, 2018.
At first glance, everything seems fine — a long operating period and licenses, which would suggest safety. However, this is not the case. Pay attention to the contact details and the type of activity — they differ from what is listed on entrustcapitalltd.com. This should raise concerns and create certain apprehensions. It turns out that the company listed in the DFSA registry has its own website, entrust-capital.com. In short, these are two different firms.
Scammers often resort to this method. They copy the name and style of another firm and use someone else’s registration details, including addresses and licenses. Entrust Capital Limited is a prime example of such a scam.
How Long Has Entrust Capital Limited Been in the Game?
If the firm lied about its licenses, then it likely lied about its operating period as well. This raises a valid and logical question: when did the broker actually start scamming people out of their money? To answer this, one should look at the domain registration date, as the platform couldn’t operate without a website. The scammers registered entrustcapitalltd.com in July 2024, which means it was very recent. Here’s your answer.
Extra Fraud Indicators
If you still need more signs of fraud, this section of the Entrust Capital Limited review is for you. The company lies not only about its licenses and experience but also about the number of clients. Somehow, the broker managed to accumulate nearly 100,000 users in just a few months. Does anyone believe this nonsense? We hope not. You can even look at the reviews online and deduce the fake thousands of clients. There are simply no comments, or very few.
Moreover, the broker is definitely paying to ensure that only positive things are written about it. This is obvious. Fake positive articles and reviews outnumber the negative and exposé ones.
There are other drawbacks and disadvantages. For example, the company’s secrecy regarding trading conditions. Important parameters such as spreads and commissions are somehow not mentioned. This is a typical sign of a scam. Additionally, clients are offered enormous leverage, up to 1:500. This not only poses huge risks for traders but also guarantees the absence of serious regulation. It is unlikely that a firm operating under the control of the DFSA would be allowed to offer such high leverage.
Is Entrust Capital Limited the Right Fit?
We hope it’s now clear why you shouldn’t trust such a pseudo-company with your money. Not only does it operate illegally, but it also hides behind others’ data and licenses, lies extensively, and conceals key conditions. Entrust Capital Limited is an example of a fake broker where you are guaranteed to be scammed and will not be able to retrieve your deposit.
This is a fraudulent broker. I lost a small amount here, just 500 euros. The scammers tried to get more out of me — 5,000 euros — but I told them I didn’t have more money. They even tried to persuade me to take out a loan, but I said that banks wouldn’t give me credit. Then they agreed to just 500 euros. I should have realized right away that they were trying to scam me. A legitimate company would not behave this way. I deposited 500 euros, and within a day, my account was wiped out. The money disappeared, and I couldn’t even contact the criminals to find out what happened. Entrust capital limited turned out to be fake and a scam.
These are scammers! Be careful! Don’t deal with this company! It is impossible to get your money back!