Face Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.face-forex.com/signup/index, about the company's legal and temporary regulatory information, the company's address RM 1302 13/F CHEONG K BUILDING 84-86 DES VOEUX ROAD CENTRAL HONGKONG.
Face Capital, also known as Face Forex Limited, is an offshore forex broker that has garnered attention in the trading community. The company was established in 2021, although specific details regarding its inception are scarce. The broker claims to operate out of Hong Kong, but various sources indicate that it lacks proper registration in this jurisdiction, raising questions about its legitimacy.
Face Capital operates as a private entity, focusing primarily on retail forex trading and offering services to individual traders. The company's target market includes both novice and experienced traders looking to engage in forex and CFD trading. Despite its claims, the broker has not demonstrated a significant presence or reputation in the competitive forex market.
The development history of Face Capital is not well-documented, and it appears to lack any notable milestones or achievements since its inception. Furthermore, there is no information available regarding a parent company or group affiliation, which is often a red flag for potential investors.
The business model of Face Capital is primarily centered around retail forex trading, providing access to various currency pairs and CFDs. However, the lack of transparency regarding its operations raises concerns about the safety of funds and the overall trading experience offered by this broker.
Face Capital operates without any regulatory oversight, which is a significant concern for potential traders. The broker does not mention any affiliation with financial regulatory bodies, and there is no evidence of valid regulatory licenses. As a result, clients cannot be assured of the safety of their funds.
The absence of regulation and compliance measures significantly increases the risk associated with trading through Face Capital. This lack of oversight often leads to potential issues with fund withdrawals and the overall security of traders' investments.
Face Capital offers a limited range of trading products primarily focused on forex and CFDs.
Overall, the trading product offering from Face Capital seems limited and lacks the diversity that many traders seek in a broker.
Face Capital provides access to the MetaTrader 5 (MT5) trading platform, which is well-regarded for its advanced trading features and capabilities. However, details on the platform's implementation and user experience are limited.
The lack of clarity regarding the trading platform's features and performance may deter potential traders from choosing Face Capital as their broker.
Face Capital offers a standard account type with several trading conditions that may not be competitive compared to other brokers.
Overall, the account types and trading conditions at Face Capital may not be appealing to traders looking for flexibility and competitive terms.
Face Capital supports a limited range of deposit and withdrawal methods, which may affect the overall trading experience.
The limited funding options and lack of transparency regarding fees may pose challenges for traders looking to manage their accounts effectively.
Face Capital offers limited customer support options, which may impact the overall user experience.
The lack of comprehensive customer support and educational resources may hinder traders, especially those new to the forex market.
Face Capital claims to serve a global market, but specific details about its regional coverage are limited.
The lack of clarity regarding regional coverage and potential restrictions may lead to uncertainty for prospective clients.
In conclusion, while Face Capital presents itself as a forex broker, the lack of regulation, transparency, and comprehensive services raises significant concerns for potential traders. The information provided indicates that caution is warranted when considering this broker for trading activities.
JCFS3618
Singapore
Fraud broker will keep their promise for a good reputation at the beginning. After the profits are gradually accumulated, they will urge you to deposit to earn the highest profit and live in the best life. At the beginning, there is no problem for small withdrawal, but it will has various problems when you withdraw after earning lots of profit. It requires you to deposit to broker for tax and the amount is astonishing. The tax repayment is 16% based on the asset calculation. Seriously, the broker is endless with this. I have never heard that investors need to pay taxes. To tell the truth, never seen, never heard. It can be seen that this broker is fraudulent.
Exposure
2021-12-24
FX3539945356
Singapore
Face Capital, Mexico financial limit, ring financial, and Jones are same scamming group. Report these fraud platforms
Exposure
2021-12-24
JCFS3618
Singapore
Misleading fraud that saying deposit to earn biggest profit. Do not trust anyone
Exposure
2021-12-25