Capital Way Group
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I started with a demo account to see whats up.
I was first told be a rep that i would have a own bankaccount and my funds would go onto that and from that account trades would be made.
However i might have misunderstood, hard to say in hindsight.
I asked some question as to why they are incorperated in a far far away country and do not even have a legal company in the UK, only an address and a VoiP phonenumber and they explained that it was for tax reasons.
That sounds understandable, but i prefer to pay taxes as it benefits us all and if u make such a yield, who cares right?
I needed to pay to an bank account that was not connected to any known company and then the trading started.
I had it for three months or so, it was extended. The result seemed to good to be true, and there is not way to really check, myfxbook is a great tool, but also easy to manipulate.
In this three months i was really feeling pressed by numerous calls about adding money.
Understandable, but could have been a little bit less.
Anyway, i was testing this and decided to not continue.
I got my 300 back, it was paid via an Upaycard, some virtualcard issuer with a Belgium IBAN and the company paying me back was Moorman ltd formally know as UPAYCARD LTD.
The profit where not paid, although discussed upfront, there would only be a 28% fee on the profits.
I expected that.
That and the fact that there is NO way of knowing to whom i am paying my savings to made me decide that its not for me.