- Greenfields capital is an unregulated broker, operating in the EU. The broker was founded in 2015 by a company called KINTEKA.
- You can trade Binary Options, CFDs, Bitcoin with Greenfields Capital, but due to the broker being unregulated, we highly recommend that you choose a regulated stockbroker, Forex Broker, Crypto broker or CFD broker.
- Our first impression of this broker is not a very good one, a cheap looking website welcomes us and gives us the chills. If you are looking for a quality broker, Greenfields Capital is not it.
There are many brokers in today’s trading landscape, some of them are good, some are OK and some are really bad. Greenfields Capital is the latter, we strongly recommend our users to not sign up with this broker. Always use a regulated alternative for your trading. It is much safer.
On top of that, the broker comes with a really high minimum deposit and no free demo account, both of which are really bad signs.
Is Green Fields Capital a scam?
Would we go so far as to call Greenfields Capital a scam? Well, while we have no definite proof it is very clear that the general consensus about this broker is that they are a scam. We are seeing many reports of scams and complaints about this broker on the forums, and normally, this would indicate that the broker is a scam and is to be avoided.
Why would you risk it when there are so many better alternatives out there? eToro, IQ Option, and Plus500 just to mention a few. All of these brokers are regulated and safe to trade with. On top of that, their products are much better than the likes of Greenfields Capital.
Have you been scammed by Greenfields capital? Please contact us and help us spread the word about this broker, share this post on social media and forums.
There was a time when anyone could start a broker and get away with low-quality products, fortunately, in today’s trading environment, and thanks to stricter regulations. Most of the scammers are gone. Greenfield capital is still going strong though. It is my personal recommendation that you avoid this broker at all cost. Just take a look at their product, does it seem legit to you? And if so, why are they not regulated already?
Always be careful and only trade with licensed brokers. It can avoid you a lot of headaches.
GreenFields Capital Review
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 licenses. One of these is 24Option, they are definitely a favorite 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.