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Influence index NO.1
Influence index NO.1
Top Wealth Trading Limited.
Pyramid scheme complaint
I am cheated by Regain Capital
I do not know what is going on about inability of withdrawal. Also, the so-called instructor deleted my Wechat. I do not know what to do
Regain Capital is a fraud platform, too. I profited over 10 thousand USD in two months but can’t withdraw. The only thing we are allowed to do is to lose our money?
The software is stuck and cannot be used at all. The transaction funds are running out and I want to make up for it. This software is restricted by the regulatory platform and the software regulatory account has been cancelled. Think for yourself, if you don’t believe me, take a look at my pictures, one can’t make a deposit, and one picture’s trading points are stuck for half a day and can’t be updated.
Can’t withdraw funds for several months. It is a fraud broker
The customer service of this trading app can’t be contacted either by the app or by anyone. If there is a problem, no one will take care of it.
Yesterday, July 28, I made a withdrawal in the morning. At the beginning, there was a withdrawal record, and then the withdrawal record was not displayed. No one answered the customer service call, and no one took care of contacting the customer service WeChat.
1.If I wanna withdraw, I have to transfer to the so-called analyst. Because he said the rollover that he gave me was more than the actual one. 2. When I first traded here, the customer service said I could get $1,000 bonus if I deposited $1,000. When I traded up tp 100 lots, I can withdraw the bonus. Then I deposited more, so the bonus is up to $9,000. I wanna withdraw the bonus, but the manager Chen said the bonus is bound to my account, I can’t withdraw it. They’ve just contradicted themselves.
After I deposit and trade, my positions were closed compulsorily.
I’ve operated for two months in Regain Capital. I profited over $10,000 recently. But the platform said I operated illegally and didn’t allow me to withdraw.
The software can trade before, but it does not work after new year. The trading fund is insufficient so I want to deposit. This software is supervised and cannot deposit at all. Everyone take a look on my picture. One shows the inability to deposit, one shows that the market stucks
Rongshang Global (www.rongks.com) and their partner Huanhai College ‘s live broadcast platform, through live broadcasts with orders and frequent operations, seem to say that the profit-loss ratio is very reasonable. In operation, the average profit-loss ratio is 1 to 5-10, and a profit of 5-10 orders is not as good as a loss of 1 order. It is basically a gambling. What they are looking for is the number of take profit, which is convenient for them to publicize the winning percentage. For investors, frequent operations are basically losses. Moreover, the bonus activity can only be achieved by constantly brushing the number of trading hands. Anyway, it requires you to trade frequently, and they charge a handling fee. In addition, the teacher of this live broadcast platform said they work at a company in Shanghai. If this is the case, why this live broadcast website in China could not be found and filed by the Ministry of Industry and Information Technology. In short, follow them to take orders with serious losses, everyone should be cautious!
Beguile people into depositing funds with varied ways. But you can't withdraw.
Deposit 100. The spread is high and inventory fee is high. I do not want to trade anymore and submit a withdrawal request, but there is no response for many days.
The software is stuck and cannot be used at all. The transaction funds are running out and I want to make up for it. This software is restricted by the regulatory platform and the software regulatory account has been canceled. Think for yourself, if you don’t believe me, take a look at my pictures, one can’t make a deposit, and one picture’s trading points are stuck for half a day and can’t be updated.
The customer service of Regain Capital introduced this platform by phone and WeChat. And they sent me many screenshots showing that their customers profited so much and their teachers were good. I was told that the profit rate of their teacher was about 80%. And there was an activity that I could get the bonus as I deposited in. I can withdraw the money when I reach the designated lots. I tried to deposit funds and I did get the bonus. However, I lost my money within few days. At this time, I was called to add more money to earn the lose back cuz my position was too small to earn money. I thought that they were professional so I topped up again. (Transfer to some individual accounts). Then I lost all my funds again. I contacted them but I was told that I was unlucky. While I lost more and just earn a little. And we operate so frequently. The teacher asked us to close positions immediately after we just profited a little. So it becomes impossible to earn you money back. And sometimes when your position hits the SL and is closed, the market will go up again. There are some propaganda screenshots.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
|Regain Capital Review Summary in 10 Points|
|Regulation||FSPR (revoked)/NFA (unauthorized)|
|Market Instruments||Forex, precious metals, crude oil, indices|
|EUR/USD Spread||Average 2 points|
|Trading Platforms||MT4, MT5|
|Customer Support||24/5 live chat, email|
Regain Capital is a trading brand of the Top Wealth Group, a subsidiary of Top Wealth Trading Limited, registered in Seychelles, offering trading services for Forex, precious metals, crude oil, and indices. The broker provides traders with access to the MT4 and MT5 trading platforms and offers two live account types, Standard and VIP. However, it's worth noting that Regain Capital has had its FSPR license revoked and does not have authorization from the NFA.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Regain Capital has several advantages, including a wide range of instruments, competitive spreads, and multiple trading platforms. They also offer educational resources and excellent customer service. However, there are concerns about the validity of their licensing and regulatory status, which raises questions about their safety and reliability as a broker. Additionally, their withdrawal fees may be a disadvantage for some traders. Overall, traders should weigh the advantages and disadvantages carefully before deciding to trade with Regain Capital.
|• Offers a wide range of trading instruments||• Revoked FSPR license and unauthorized NFA license|
|• Multiple account types, demo and Islamic accounts are available||• Limited educational resources|
|• No deposit fees||• Limited payment methods|
|• User-friendly MT4 and MT5 trading platforms||• Fixed withdrawal fee|
|• Good customer service with 24/5 live chat|
There are many alternative brokers to Regain Capital depending on the specific needs and preferences of the trader. Some popular options include:
FXCM: With over two decades of experience, a variety of trading platforms, and low minimum deposit requirements, FXCM is a reliable and versatile option for traders of all levels.
IC Markets: With low spreads, high leverage, and a wide range of trading instruments, IC Markets is a solid choice for experienced traders looking for advanced trading tools.
EightCap: Offering tight spreads, advanced trading platforms, and a range of educational resources, EightCap is a good choice for traders looking for a comprehensive trading experience.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
The fact that Regain Capital holds a revoked FSPR license and an unauthorized NFA license raises concerns about its legitimacy and regulatory compliance. Investors should exercise caution and thoroughly research the company before investing with them. It is always recommended to choose a broker that is regulated by reputable regulatory bodies to ensure the safety of funds and fair trading practices.
Regain Capital provides its clients with access to more than 40 different types of financial instruments. These include major, minor, and exotic currency pairs, precious metals like gold and silver, energies such as crude oil, and various indices representing major stock markets around the world. This diverse range of assets offers traders the opportunity to diversify their portfolio and find trading opportunities in a variety of markets.
Regain Capital provides two types of live accounts, namely Standard and VIP, where the minimum deposit required to open a Standard account is $100, while for a VIP account, it is more than $50,000. The VIP account holders have the privilege of accessing exclusive trading guidance, summary, strategies, and risk management guidance. Moreover, both the Standard and VIP accounts come with an Islamic account option, which is swap-free. Regain Capital also provides demo accounts for traders to practice their skills. It is important to note that customers can register multiple accounts using their ID document, but each phone number can only be registered to one account.
It seems that there is some inconsistency regarding Regain Capital's leverage. While both Standard and VIP accounts have a leverage of 1:100, their homepage advertises leverage of up to 1:400. It's important to note that high leverage can increase the potential for profits, but it can also increase the risk of losses. It's recommended to carefully consider the risks and benefits of leverage before using it in trading. It's also important to verify with Regain Capital what the actual maximum leverage is, as there seems to be conflicting information.
Regain Capital offers floating spreads on its trading pairs, with different spreads for different instruments. The average spread for EUR/USD is 2.2 points, but can decrease to 1.7 points. For gold, the average spread is 5 points, with fluctuations between 4.4 and 5.6 points. Crude oil has a fixed spread and transaction cost of 5 points, with details available on the quotation side. No commissions are charged.
Below is a comparison table about spreads and commissions charged by different brokers:
|Regain Capital||2.0 pips||No|
|IC Markets||0.1 pips||No|
|EightCap||0.0 pips||AUD 7 per round|
Note: The spread and commission values are subject to change and may vary depending on the trading conditions and account type selected.
Regain Capital provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for Windows, iOS, and Android. MT4 and MT5 are user-friendly and customizable, allowing traders to set up their preferred trading environment. Both platforms provide advanced charting tools, technical analysis indicators, and real-time market quotes. Additionally, traders can use Expert Advisors (EAs) on these platforms to automate their trading strategies. The mobile versions of these platforms provide on-the-go trading, giving traders the flexibility to access their accounts and trade from anywhere.
Overall, Regain Capital's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
|Regain Capital||MT4, MT5|
|FXCM||Trading Station, MT4, NinjaTrader|
|IC Markets||MT4, MT5, cTrader, CopyTrade|
Note: Please note that some brokers may offer additional trading platforms or discontinue certain platforms, so it is always recommended to check the official website of each broker for the most up-to-date information.
Regain Capital offers wire transfer as the only deposit method and allows the withdrawal of funds in RMB via an automated process. The minimum deposit requirement is $100, and there are no fees charged on deposits. A fixed fee of $5 is charged during withdrawal, and funds are typically credited into the corresponding trading account within 1 business day, usually within 1 hour. However, during holiday periods or if there are payment channel problems, deposit times may be extended to 3 business days or longer.
|Regain Capital||Most other|
To make a withdrawal, please log into your account through their official website, select ‘withdraw’ and follow the instructions on the withdrawal page. Withdrawals will generally take 24-48 hours, however, on some occasions processing times make take longer. Please note when making your first withdrawal, you will be asked to bind your bank card to your account.
Regain Capital provides customer support via live chat, email, and request a callback, available 24/5. Additionally, they have an FAQ section available on their website, which can be useful for finding quick answers to common questions. Customers can also follow them on social networks, such as Facebook and Instagram, for updates and news. Regain Capital's customer service team is generally responsive and helpful, providing assistance with account-related questions and technical issues.
|• 24/5 live chat support||• No 24/7 customer support|
|• Social media presence on Facebook and Instagram||• No phone support available|
|• FAQ section available|
Note: These pros and cons are subjective and may vary depending on the individual's experience with Regain Capital's customer service.
Regain Capital provides educational resources for traders of different levels, from beginners to advanced traders. The educational articles cover various topics such as technical and fundamental analysis, risk management, and trading strategies. The articles are categorized based on the trader's level, making it easy for traders to find articles that are relevant to their level of experience. Additionally, the platform offers Additional Reading, which consists of a list of recommended books on trading, finance, and economics. The educational resources are designed to help traders improve their skills and knowledge, allowing them to make better-informed trading decisions.
All in all, Regain Capital offers a wide range of instruments with floating spreads and no commission fees. The broker also provides its clients with the popular MT4 and MT5 trading platforms, available on various devices. Regain Capital's customer service is available 24/5. The broker's educational resources cater to traders of all levels.
However, there are concerns about the legitimacy of Regain Capital's licensing, as the company holds a revoked FSPR license and an unauthorized NFA license. Overall, traders should carefully consider the risks before choosing Regain Capital as their broker.
|Q 1:||Is Regain Capital regulated？|
|A 1:||No. It has been verified that this broker currently has no valid regulation.|
|Q 2:||Does Regain Capital offer demo accounts？|
|Q 3:||Does Regain Capital offer the industry-standard MT4 & MT5？|
|A 3:||Yes. It supports MT4 and MT5.|
|Q 4:||What is the minimum deposit for Regain Capital？|
|A 4:||The minimum initial deposit to open an account is $100.|
|Q 5:||Is Regain Capital a good broker for beginners？|
|A 5:||No. It is not a good choice for beginners. It offers demo MT4 and MT5 accounts though, we dont advise any traders trade or invest with unregulated brokers.|
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