Capital Markets Strategy Ltd is a typical clone firm. The brokerage misused details of another trading firm, a legitimate one. It extorted funds and disappeared once the regulator received too many complaints and issued a warning.
Read our honest Capital Markets Strategy Ltd review for all the details about the scheme. Fraudsters tend to appear under a new domain, so it’s of utmost importance to be able to recognize them.
On top of that, we seriously recommend you not to invest in the fake brokers BUX Forex, GFE Markets, and RevolutExpert. Do not trade with these unlicensed brokers if you want to save your money!
| Broker status: | Unregulated Broker |
| Regulated by: | Unlicensed Scam Brokerage |
| Scammers Websites: | cmsltd.io |
| Blacklisted as a Scam by: | FCA, CONSOB |
| Owned by: | N/A |
| Headquarters Country: | UK (allegedly) |
| Foundation year: | 2022 |
| Supported Platforms: | WebTrader |
| Minimum Deposit: | 50 USD |
| Cryptocurrencies: | Available – BTC, USDT, ETH |
| Types of Assets: | Forex, commodities, indices, shares, cryptocurrencies |
| Maximum Leverage: | 1:200 |
| Free Demo Account: | No |
| Accepts US clients: | No |
What Do We Know About Capital Markets Strategy Ltd?
Capital Markets Strategy Ltd says to be owned by the same-named company, based in the UK. We discovered this firm, which operates under the FCA umbrella, but is not associated with cmsltd.com.
As this is the case, we’ve checked databases of other major license providers, such as ASIC, BaFin, and CONSOB. Instead of approval, we found a warning about the scam.
Simply put, CMS Ltd is an anonymous financial swindler that stole clients’ funds and vanished.
Why Is Trading With a Licensed Broker Preferable?
Licensed brokers, especially those under Tier1 regulation, must follow strict rules and good business practices. For instance, FCA requires Forex brokers to have minimal operational capital of 750,000 GBP, to participate in the compensation scheme with up to 85,000 GBP per trader, and limit leverage to 1:30.
Scammers, on the other hand, don’t follow any rules. They don’t keep clients’ money in segregated accounts, meaning that customers’ funds are compromised if the broker goes bankrupt.
So Is Capital Markets Strategy Ltd a Decent Broker or a Scam?
Capital Markets Strategy Ltd is not a legitimate broker. This trading firm is a clone of an FCA-regulated brokerage and deceives its clients. The website has been shut down after numerous complaints.
Capital Markets Strategy Ltd Warning From the British FCA
Since the brokerage operates under the name of an FCA-licensed firm, this regulatory body has decided to clarify things. Namely, CMS Ltd is not related to a legitimate company and has no authorization to provide financial services.
Furthermore, victims are not entitled to assistance from the Financial Ombudsman or compensation fund. Thus, they need to report fraud and find alternative recovery solutions.
The Italian regulator, CONSOB, later issued a similar warning.
What Do Traders Think Of Capital Markets Strategy Ltd?
Capital Markets Strategy Ltd is not an investor’s favorite choice as any fraudster. According to Trustpilot and other reputable websites, this brokerage has many negative reviews, mainly regarding withdrawal issues.
Employees will be more than happy to assist when you’re depositing funds. Yet, once you want to withdraw the alleged profit, your request will be pending or denied.
Since the website has been shut down, clients cannot even submit a request or access their trading accounts.
What Platform Does Capital Markets Strategy Ltd Provide?
Capital Markets Strategy Ltd provides a basic WebTrader. It has no advanced functions but is rather made for simple trading. You can apply several technical indicators and place pending orders, but that’s about it.
Social trading and EAs are not enabled. Further, since the platform is web-based, it’s far from reliable as it can crash at any time, or the broker can change your trades and make it look as if you won or lost significant amounts.
If you’re looking for safety, find a reputable brokerage with MT4 or MT5 on offer.
Capital Markets Strategy Ltd – Countries Of Service
The brokerage mainly advertises its services in the following countries:
- Italy
- UK
- Switzerland
- Malta
Note that as an unregulated scammer, it provides its services without proper legal compliance.
Also remember the names of the Martyn Services, Green Capitalz and FinexStock trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Capital Markets Strategy Ltd Range of Trading Markets
If you’re still keen on investing with this brokerage, you can get access to five major markets:
- Forex – EUR/USD, GBP/AUD, CAD/EUR
- Commodities – gold, silver, copper
- Indices – NASDAQ, DAX30, CAC40
- Shares – Amazon, Nvidia, Apple
- Cryptocurrencies – MATIC, SOL, ADA.
What Is Known About Capital Markets Strategy Ltd’s Trading Conditions?
Since the website has been shut down, trading terms don’t matter much. What matters is that scams can easily be recognized through leverage and spread.
If your broker offers too high leverage (in this case, 1:200), or too low (raw) spreads, you should stay away. The FCA, ASIC, and most EU regulators have a leverage limit of 1:30. Offering anything above puts your funds at risk.
If, however, there’s no spread, the brokerage cannot earn legitimate commissions and is clearly after your entire deposit.
Capital Markets Strategy Ltd Minimum Deposit and Withdrawal Terms
While Capital Markets Strategy Ltd offered a relatively low initial deposit of $50, it’s just a lure. You will think you have nothing to lose if you just test the system. The truth is, once these people get ahold of your personal details and possibly credit card information, they will not leave you alone.
You’ll be pressured to deposit more, while you won’t be able to withdraw a dime. For instance, this firm has a bonus clause preventing you from submitting a withdrawal request before reaching a minimum rollover of 25 times the deposit plus the bonus amount.
Methods of Making a Deposit
The only available deposit method is a credit card. This is good news, as you’re entitled to a chargeback within 540 days. Since the procedure has a time limit, it’s important to react quickly. Report fraud and file a dispute with your bank.
Scammed by Capital Markets Strategy Ltd Broker? – Let Us Hear Your Story
Let us know if you find yourself a victim of an online financial scam. Your story can help us and others file a successful dispute and resolve the matter.
Your voice can be the one to change the course of action. Don’t be ashamed. Book your free consultation now, and let’s act!
But What Is A Chargeback?
This is a legal way for your bank to recover funds from the merchant. The bank can get your money back if you prove that the transaction was fraudulent. Don’t wait; let’s start the process now!