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Why is Cappmore Wealth Managers a scam?

Started by Admin, May 30, 2023, 12:22 PM

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Topic keywords [SEO] scamCappmoreWealthManagers

Admin

This material contains the following information:
  • What is known about Cappmore Wealth Managers;
  • Irrefutable evidence that Cappmore Wealth Managers are crooks;
  • Secondary indications that Cappmore Wealth Managers is a scam.

Opinions about Cappmore Wealth Managers

What do the reviews on Cappmore Wealth Managers say? Purely about the scams and general unqualification of Cappmore Wealth Managers employees. The ratio of positive to bad reviews is, legitimately, in favour of the bad. The good reviews on Cappmore Wealth Managers are not so simple either. The problem is that all reviews are somewhat too artificial and have been written not so long ago and essentially at the same time. All this indicates that these good opinions are fake. Here's one of those reviews:
"Cappmore Wealth Managers is a great organisation! It has brokerage regulation in place. I earn 250-300% per month on my account and I dedicate 15 minutes a day to trading. I recommend Cappmore Wealth Managers to anyone!"
It's a really cool firm! One such company which can make a simple trader a millionaire in a couple of years, as a trader will earn one hundred and fifty to two hundred per cent a month. We think it's already obvious that this is not a real review.
We will cite another review on Cappmore Wealth Managers written on Reddit:
"This is the most profitable broker in the world. I don't understand why Cappmore Wealth Managers isn't already #1 in the EU and US! The customer service is top notch and the managers at Cappmore Wealth Managers are very competent. I've been trading with them for almost four years and I'm doing well."
And we too are puzzled as to why the broker under discussion is still not the best...among the scammers.
Note that those people who have engaged in bogus opinions don't even realise themselves that Cappmore Wealth Managers "provides services" for only six months, but certainly not for the several years that this character has allegedly been working with Cappmore Wealth Managers. No facts which confirm that Cappmore Wealth Managers employees are "quite intelligent" are given.

Entrusting your investments to Cappmore Wealth Managers is a decision you will surely regret, as I did after all this. I have dealt with the unpleasant reality that this is the worst thing that could have happened to me as an investor, and I think that personal experience will serve others who, are considering giving their personal funds to this unfortunate brokerage company."

It's also bad enough that on a level of emotion it had a big impact on me. Not only have I lost a significant amount due to the worthlessness of Cappmore Wealth Managers, but the whole incident has left me with an aftertaste of betrayal and a lasting distrust of the field of trading. I can't escape the unpleasant thoughts of the countless hours devoted to sorting out and recovering financial losses triggered by the fraudulent nature of this office.

A savvy investment platform is a must-have in both mobile and desktop versions. In today's fast-paced world, clients should be able to access their brokerage platform on the go. This would allow, optionally, to follow the lightning-fast changing environment and instantly sell or buy an instrument if there is a compelling reason to do so. A proper platform is bound to have a flexible mobile application as well as a real desktop version to cater to different customer preferences and requirements.

The most important fact that confirms that Cappmore Wealth Managers is a scam

No doubt we are talking about the lack of regulation. The regulator performs a number of tasks, including inspections of brokerage offices, specialist inspections, checking financials, clients and monitoring the liquidity of the firm. But the most important function of the regulator is to prevent financial manipulation. Manipulation of money can look many ways, one variant being the writing off of a client's money without his knowledge, or the misuse of a trader's money in transactions he did not authorise. A couple of months before the 2008-2009 crisis, the biggest financial institutions in the US were doing this on a massive scale. Through a regulator, a client can, for example, get his money back. The regulators have their own principles according to which they verify the competence of the analysts of financial companies, including brokerage firms. This in turn ensures that you are dealing with qualified professionals. Cappmore Wealth Managers is not regulated in any way, nor is it endorsed by any non-existent entity.

From the start it was clear that the level of professionalism and competence at Cappmore Wealth Managers was clearly close to zero. Their site was always unreliable, with constant technical problems and a user interface that could only be described as clumsy and illogical. This alone made transaction a nerve-racking experience, but the trouble did not end there.

Next, let's get into a comparison of what Cappmore Wealth Managers offers and the normal average office. How does a normal brokerage platform have to function? A good brokerage platform is the main tool for traders to access the financial markets and make informed investment decisions. A good platform must have both cent and demo accounts in addition to the basic one.



Consequences of cooperation with Cappmore Wealth Managers

What would happen if you or anyone else spit on all the facts stated in this article and decide to try working with Cappmore Wealth Managers? Let's imagine it. Let's take a review of Cappmore Wealth Managers from the Trustpilot website:
"I am writing this review in order to share my personal traumatic experience with Cappmore Wealth Managers and to warn future victims before they even consider entrusting their hard-earned cash to this office. In my years of trading experience I have never come across a worse brokerage firm, and it has given me a bad taste in my mouth and a significant decrease in confidence in the industry as a whole.

My experience with the firm

The facts stated before are already sufficient to draw the only true conclusion about the essence of Cappmore Wealth Managers. We decided to look into the matter ourselves to be 100% sure.
We registered, a Cappmore Wealth Managers employee called us back and immediately started convincing us to make the largest amount. During the conversation the manager of Cappmore Wealth Managers used some aggressive sales tactics and inappropriate flattery. We deposited the account with minimum amount of 25$ and decided to use some tips provided by this broker. What happened after that? We lost most of the money in a couple of transactions and decided to return the money, but the money was not transferred back. Again a representative of Cappmore Wealth Managers called and tried to persuade us to take the money back and moreover to refill the account again and make transactions and according to him if I had done that I would have been refunded. However, it is unclear why they could not refund the money immediately without me once again giving the manager my money. It is clear that had I done so, they still would not have refunded the money, not a cent.

When it came to the main aspect of trader support, I got very angry. Their staff were either unresponsive or unable to address my difficulties with any semblance of professionalism. I realised that I was dealing with a brick wall and my requests for help were ignored. In that situation I promptly needed support at a time of critical market movement, I found myself in a difficult position, and this eventually resulted in me losing a huge amount of money.

A good brokerage platform should have a nice interface. A well-designed, intuitive user interface is essential for a brokerage platform. This ensures that investors can navigate the platform, manage their accounts and make transactions without difficulty. There is none of this on the Cappmore Wealth Managers platform. We have seen many different platforms, and it is a familiar thing, but on this platform, in spite of the large expirience it is difficult to navigate.
A good brokerage platform should have a variety of investment options. A good brokerage platform must provide a wide range of investment products, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. This enables people to protect their personal accounts against risk and gain access to a variety of asset classes. There are a very huge number of instruments on the Cappmore Wealth Managers platform, but the problem is that Cappmore Wealth Managers scams and transactions in these instruments are not real, it is all virtual, like a game. When you purchase stocks through the Cappmore Wealth Managers platform you are not really buying anything because Cappmore Wealth Managers is not licensed and therefore not allowed to deal with international exchanges and hence you are not really buying anything through a brokerage company on an exchange. By the way, the Cappmore Wealth Managers platform not only has a worthless usability, but on top of that it is pretty ugly from an aesthetic point of view.

As we can see, the investor not only lost money and mental health, but also did not get any good trading experience, only disappointment in Forex. If you look at other reviews they have approximately the same content. It is often said that Cappmore Wealth Managers does not withdraw investments. Investors also point out the global incompetence of Cappmore Wealth Managers' staff. From reading the opinions on Cappmore Wealth Managers we have seen many times that Cappmore Wealth Managers staff is being snide and abusive when communicating with traders. Reviews on a white investment company should suggest otherwise, well at least things can't be that terrible. In general, the opinions on Cappmore Wealth Managers also clearly show that Cappmore Wealth Managers is an outright scam.

Also an extremely important feature of a good brokerage site is its robust security features. The security of personal information and client funds is of paramount importance. A reliable investor platform must have robust security practices in place, such as two-factor authentication, encryption, and secure socket layer technology (SSL). All of these and other things are designed to reliably protect customers from scams, stealing investments from their accounts, or hacking into the trading platform itself with a massive leak of information. None of those things are anywhere near on the Cappmore Wealth Managers platform.

What is also a must-have on a decent broker's platform? Research tools! A trading platform should provide clients with access to research tools and resources. These can be financial news, analyst articles, broker financial reports, technical analysis tools and more. These resources enable clients to make reasoned investment decisions, not do whatever they want. And how can you make normal investment decisions when all the Cappmore Wealth Managers platform has is a calendar? White brokerage firms make sure that their clients have everything they need to make good decisions, because it directly affects the long term prospects of working together.

What other signs and evidence is there that Cappmore Wealth Managers is a scam?

As mentioned above, Cappmore Wealth Managers and its staff are no strangers to aggressive selling, insults, obvious ineptitude, marketing tricks like guarantees of exorbitant profits, and inflated reviews. Cappmore Wealth Managers has no legal information on its website, not even an agreement of public offer, but there must be documents which confirm the fact that the company has a permission for brokerage activities, registration documents and probably some regalia. The situation is similar on Google, as with the reviews, they are all the same. That Cappmore Wealth Managers does not withdraw investments is a standard sign of fraud. Representatives of Cappmore Wealth Managers also like to send false signals, which not only makes no profit, but on the contrary, all money is lost. Scammers often give these signals to earn higher commissions, but it is more likely to involve employees of real investment firms that use them for scam operations. But very frequent slippages and glitches of Cappmore Wealth Managers are also a standard sign of a scam.

What is known about Cappmore Wealth Managers

In brief, essentially nothing. The company was registered last year. It is not known in what country it is registered. No credible information has emerged in just over half a year of the company's operation. There is some black information about the company, but first things first. The company employees decided to search the network for information on the location of the legal address of the firm, but they didn't find anything. On the contrary, a solid office wants to be as open and transparent as possible, to inform its traders, so that investors could understand to whom they intend to give their money, but as we see, those who own Cappmore Wealth Managers do not think this way.

Comparing Cappmore Wealth Managers to a decent company

In this piece of material there is this information:
  • What a normal brokerage company's platform should look like;
  • What about the Cappmore Wealth Managers platform;
  • A comparison of a not bad brokerage platform with what Cappmore Wealth Managers has;
.

Conclusions

You've seen for yourself. Cappmore Wealth Managers is different even among scammers. The firm is to the point of being horrible that there is no place to put a stigma on it. Opinions on Cappmore Wealth Managers that don't resemble artificial are rife with negativity. Victims keep writing about how investments are not compensated, reps are rude, the platform is uncomfortable, almost always lags, and there are only bad memories of trading with the firm. If you do not want to encounter the same problems as other traders, never leave personal information on Cappmore Wealth Managers website or if you already have it, just blacklist the investors and ignore them. If you do start talking to them, there is a risk that scammers with their talents and experience at scamming will manage to take you for your hard-earned money. Because scammers don't just offer investment solutions, they try to gain the trust of their victims by befriending them, luring them in with the promise of higher profits.