Ex-Cap presents its platform as a broker who is backing your assets using physical gold. They want clients to trade CFDs on their platform while promising that their trading will be hedged using phsyical gold.

Ex-Cap claims that it is owned and operated by a company called Future Finance Group LLC.

Future Finance Group LLC appears to be a non-existent entity or at least a shell company. We checked company registra database in Switzerland (where this broker claims to be based out of) and didn’t find information pertaining to the registration of this particular company.

However, we could find a Future Financial Group LLC in Maryland, US. This is obviously not related to Ex-cap.com website.

As we keep scouring this broker’s website, we discover many red flags which are worth taking note of in this review.

Ex-Cap.com broker review

It’s clear that this broker is making up things in order to appear legitimate.

We’ve noted that Ex Cap is using misleading marketing statements to deceive investors or make their clients believe that the broker is legitimate and there is nothing to worry about.

For example, when they claim that Ex-cap is regulated by the FSA, we ask ourselves why they’re not found in the database of FINMA — which is the main financial regulator for brokers operating out of Switzerland.

In a nutshell, Ex-cap is not a licensed broker. Do not believe the misleading statements on the footer of their website.

As we investigate this scam site further, we found out that they’re claiming elsewhere that Ex-cap is operated out of St. Vincent and the Grenadines.

This is a virtual office address and an offshore location which is associated with multiple scam brokers.

If this is the situation, why should you believe that Ex-cap is not one of the scam brokers?

Is Ex-cap.com a popular broker?

The so-called broker is not a popular destination for traders. The website was anonymously registered in May 2022 which seems to be a factor in discouraging traders from using their services.

We’ve seen a couple of reviews on a platform called TrustPilot. However, we’re unable to verify the authenticity of these reviews because TrustPilot is a compromised platform.

Many scammers write and publish reviews of their businesses on TrustPilot. The company is either unable to detect it or is simply taking money from these scammers in order to promote them.

Ideally, the platform should only allow reviews from real clients of a business. It appears that only 50% of the reviews there are legitimate.

You may ask how relevant this is to Ex-Cap.

Well, if you look at this broker’s Trustpilot profile, you will find good ratings only. Most of the ratings are 5 star and this is simply too good to be true.

A legitimate company always attracts praises and criticism in equal measure. It’s only natural that things exist like that in the world of business.

Unfortunately, only scammers who pay TrustPilot attract “positive reviews”. This could be the case with Ex-cap.

Conclusion of this review

We advise extreme caution when dealing with this broker. They’re lying about their regulatory status. We wonder what more they will do with your money if you trust them.

At the moment, only suckers will use the “services” of this broker and realize much later that they’re dealing with a scam.

But now that you’ve read this, don’t fall for their sweet lies.

Thanks for reading, and feel free to write your comment down below.