GreenFields Capital a company that was founded in 2015, and operated by a company called KINTEKA. It was until recently run by Premium Peak Ltd. It has since changed its name after been given warnings by the UK Authority FCA. This broker specialises in CFD and cryptocurrency trading. As a broker, trading in such lucrative trading platform you need to be warned that it is not regulated. We did not find any GreenFields Capital demo account. There were other discrepancies like the physical address given is 5th floor, office no 71 on 9th Joe St. Tallin, Estonia, this is a virtual office that does not exist. Then the contact phone number is a UK phone number +442036080844 not an Estonia one. This brokerage is not licenced but deals with Bitcoin and Forex. We hope that this GreenFields Capital Review will furnish you with information so that you can make an informed decision about the best broker to give your hard earned money to invest on your behalf. Never give your money to an unregistered or unlicensed firm and always read reviews on the company that you are interested in trading with.
Is GreenFields Capital a scam? Is GreenFields Capital Regulated?
Is there a GreenFields Capital Scam? The company claims to be in the process of getting regulated. The reason that this does not seem like the truth is the fact that they have been in business since 2015 and they have not made an effort to get registered or regulated. Also, there have been numerous auto-traders and robot scams linked to them. You will find that GreenFields Capital will show up and referred to as ‘trusted brokers’ that will encourage you to sign up with them. The names that they are associated with are ‘FinTech Ltd, Binary Options Auto trading, iBinaryRobot, OptionRobotPro. All these are known scams specialising in Forex trading, cryptocurrency and binary trading. Another red flag is the ‘bonus’ that they offer. These bonuses cancel your withdrawal until the terms and conditions are met. The T&T state that you can only withdraw your bonus at a fee. Here is another thing to keep in mind, is how they treat dormant accounts. In their dormant account policy, your account is declared dormant after 30 days. And as if that is not bad enough they charge a fee of up to $49.90 or the equivalent of whatever currency you are trading with. The amount goes up to $90.00, and it is charged every 30 days. Many brokers have policies but they will allow you at least 3-6 months before considering your account dormant. This broker is robbing clients’ blind with its policies, and this does not seem to bother them at all. It is obvious that they do not have their clients best interest at heart.
Alternatives To GreenFields Capital
The good news is that they are regulated alternatives to GreenFields Capital. They offer a similar trading platform with the protection of regulations and licences. One of these is 24Option, they are definitely a favourite site and recommended as a safe platform. It is lauded as one of the world’s leading CFDs/Forex trading sites and platforms. You can do all your money-trading binary options on this site with no fear. A Plus500 review will give even more information on this broker. Plus500 is a CFD Broker, they only trade in CFDs. This company is based in Israel and is listed on the London Stock Exchange section AIM. Both its subsidiaries plus500UK Ltd and Plus500CY Ltd are regulated by FCA and Cysec respectively.