ExtrendCap foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.extrecap.com/#/user/register, about the company's legal and temporary regulatory information, the company's address 290 739 Sydney Rd Brunswick VIC 3056.
ExtrendCap Forex Broker
Basic information
Australia
2-5 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
Note: ExspanendCap's official website: https://excaptal.com/ is currently inaccessible normally.
Founded in 2021, ExtrendCap is an brokerage company based in Australia with a revoked license. It offers Forex, Metals/Commodities, Indices, and CFDs via MT5 platform.
Pros and Cons
| Pros | Cons |
| / | Non-functional Website |
| Revoked license | |
| Lack of transparency | |
| No demo accounts |
Is ExtrendCap Legit?
| Regulatory Status | Revoked |
| Regulated by | Australia |
| Licensed Institution | EXTREND CAP INTERNATIONAL PTY LTD |
| Licensed Type | Appointed Representative (AR) |
| Licensed Number | 001296416 |
What Can I Trade on ExtrendCap?
ExtrendCap provides Forex, Metals/Commodities, Indices, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Leverage
ExtrendCap offers leverage up to 1:500. However, high leverage can increase not only profits but also losses.
Trading Platform
ExtrendCap provides MetaTrader 5 (MT5) for trading.
Rating Index
ExtrendCap Similarly Rated Brokers
Latest Reviews
菁
Taiwan
EXTREND CAP: Dear user, your withdrawal has been submitted for filing. The system prompts that your account has reached the personal income tax threshold. The tax rate is 5% (1832USD). Please complete the tax payment within 7 working days. After the tax payment, the financial department will Immediately through your withdrawal, your withdrawal request will be transferred to your wallet account. Me: I want to pay taxes EXTREND CAP: Dear user, taxes and fees have been checked Your relevant information has been submitted, please wait patiently for 24 hours for review! Me: It has been audited for 8 days, why haven’t you passed the audit yet? Are you a fraudulent group? Have you achieved your goal and resorted to any means to get us to pay taxes?
Exposure
2022-11-22
FX2107643353
United States
They won’t allow me to withdraw. They want me to add 2X my account balance in order to withdraw but I know better. Aileen Sum in Toronto will try to recruit you! Be careful! She is a scam artist working for them and needs to be stopped and brought to justice!!
Exposure
2022-11-12
Sunshine.Wang
Singapore
The company's website shows 403 forbidden. I don't know if my access is actually banned or just the site is down, but either way I won't and can't trade here.
Neutral
2023-02-22