EU-Capital Review (2023)

Is EU-Capital a scam or a legit broker?

EU-Capital is not a safe broker, as it is an offshore company (Find Reliable Forex Companies). EU-Capital is a brand owned and operated by Gelko Partners LTD. Gelko Partners LTD is located in the Republic of the Marshall Islands.

In fact, Marshall Islands is an offshore zone attracting various firms that for the reason or another escape from the serious regulation or compliance to international service providing. However, in the case of financial investment or trading firms, the company should be a very respected entity, as the statistics show that the majority of non-authorized firms never recovered the sums of investors’ investments. Therefore, we always advise avoiding offshore or companies with no license as there are too many frauds around.

EU-Capital forex and CFD broker is owned by a Marshall Islands-based holding company called Gelko Partners LTD. Their registered office address is at Trust company complex, Ajeltake Road, Ajeltake Islands, Majuro, Marshall Islands. The Marshall Islands is an offshore destination where usually brokerage services are not regulated. There is no information about an actual place of registration of the EU-Capital. Dealing with a broker which has a Marshall Islands license is risky as it only takes USD 2,000 to get one. Comparing the license from UK’s Financial Conduct Authority, that costs USD 50,000 and also needs USD 100,000 of capital for the STP license (Find STP brokers’ list here) aside from client deposits.

Conclusion

We strongly advise all investors and traders to avoid EU-Capital and other brokers  from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and HotForex.

You can also share your trading experience with EU-Capital by commenting on this review.