STR Capital Review: The Scam Broker! - Topedgefx.com

STR Capital Review: The Scam Broker!

STR Capital is a Forex and CFDs broker operating from the domain str-capital.com.

The broker is operating from Saint Vincent and the Grenadines which is an offshore location.

Besides this, STR Capital is demanding a minimum deposit of 500 Euros to open a live account.

Maximum leverage is currently at 1:200. Their trading instruments include Forex, Commodities, Indices, Metals, Crypto, ETFs and Bonds.

As you can see, nothing is special about this broker.

Is STR Capital legit?

The main problem with this broker is that they don’t hold any valid regulator’s license.

STR Capital review

For you to trade efficiently and for profit, you must rely on a regulated Forex broker’s services such as the ones recommended in this list.

The broker says they’re owned and operated by Dexmont Holdings Ltd.

Because this company is registered in the Saint Vincent and the Grenadines, you need to be extremely careful with their business because the region is well known for hosting all sorts of dubious Forex brokers.

Should you invest with STR Capital?

When you deposit the minimum amount, we guarantee that you’ll definitely lose it.

The broker is making money off you and in the most dishonest of ways.

They are market-makers which means they make their profit out of your losses.

That is why even their trading conditions are not good.

A pair like EURUSD is attracting spreads of up to 2.9 pips. This is unacceptable.

Even if the broker offers the popular MT4 and MT5 trading platforms, we still don’t feel confident using their services.

STR Capital is also accepting wire transfers and Visa/MasterCard payments.

These payment processors have now extended chargeback duration to 540 days which is good news for those who will be unfortunate to find themselves in the hands of scammers.

Conclusion

Don’t use the service of this broker. If you want to make money, use the services of a well-reputable broker.

2 Comments

  1. neax November 18, 2020
  2. Cristina March 26, 2021

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