DACLAND Capital is a forex broker from the United Kingdom.
The reason why this new kid on the block caught WikiFX‘s attention is that we received an email from a WikiFX user detailing this broker’s scheme that cost him a significant amount of money.
Before we dive into that case, let us take a quick look at Dacland Capitals website first.
Firstly, if you search for the term “Dacland” on Google, it is not hard to find that there are several brokers with the same name but different websites.
Arriving at its homepage www.dccfxi.com for the first time, it is evident that this FX broker is lacking in many ways.
The information provided on this broker‘s site is vague and brief, including the company’s “About Us”. There is no information about the business premise, year of establishment, regulatory statutes, and licenses.
Meanwhile, the email domain provided under “Get In Touch” does not correlate with the companys website domain.
Now, let us look at the proof that was submitted to WikiFX in regards to his unresolved dispute with Dacland Capital.
When the problem first arose, the client reached out to Dacland Capitals customer service team via Whatsapp. However, to his dismay, the client was given various excuses by the customer representative and was told to deposit more money as tax payment and account activation funds, just to withdraw the profit he made on his initial capital.
These are the amounts deposited by the user to Decland Capital as instructed by them.
Unfortunately, after the user deposited all of these amounts, he received nothing in return even though Dacland Capital promised him his withdrawal.
At the moment, WikiFX is diligently acting as a mediator in investigating and helping the client to resolve this dispute with Dacland Capital. To date, WikiFX has helped over 12,000 unfairly treated traders and has successfully recovered up to 38 million USD from those fx brokers in question.
At WikiFX, we strive to provide the most reliable verified information to our users for any forex broker-related questions. To date, we have reviewed, investigated, evaluated, and ranked over 36, 000 forex brokers across the globe while collaborating with 30 prominent national regulators.
If the aforementioned client had done research through the WikiFX app on Dacland Capital before opening a trading account and depositing with them, he would have been able to avoid this fiasco entirely.
In yesterdays article, WikiFX revealed 6 common fx broker tricks that are deliberately designed to trap trading clients. Through the detailed description by the client above, Dacland Capital implemented tactics #1, #2, and #4.
To learn more about these traps in order to protect yourself in the future, read the full article here:
https://www.wikifx.com/en/newsdetail/202206141794544736.html.
Before we end this article, WikiFX assures you that whether you are a new user or a long-time existing user of our platform, we would be glad to help you out with any fx broker concerns – if you are facing one. Please do not hesitate to contact us via the mediums listed below:
