Domking Capital LTD claims to be the No. 1 CFD broker on the world market. In addition, the firm boasts of 10 years of experience, while in the section with the history of the company’s development there is another name – “UTLC”. Please note that the company says nothing about a license and does not indicate the certificate of registration of a legal entity. Finally, the domain was registered only in November 2024, so the platform will only be operational for a few months.
Is this project reliable or is it a fraudulent platform? Our detailed review will help to clarify the essence of this broker’s work and possibly save your funds from being lost.
Trading Conditions
Domking Capital LTD uses a line of 7 tariffs. At the same time, each subsequent one requires a significantly larger deposit amount, but also offers more services. General trading conditions:
- The starting deposit is €100.
- Return on investment 9%-18%.
- Leverage 1:100.
- Bonuses up to 100% of the first deposit amount.
The company hides the size of spreads, swaps, and commissions. In addition, the size of the leverage confirms the fact that there is no license. It should be noted that reputable regulators prohibit forex brokers from giving clients leverage higher than 1:30.
The website interface has been translated into 4 languages. Clients investing 1 million euros can participate in exclusive trips and major conferences.
FAQ
Would investing in Domking Capital LTD offer the best returns?
You are unlikely to make a profit as the risk of losing money is very high on this platform. Losses can be caused by problems with the terminal, using high leverage or unfavorable conditions of CFD trading, as most of the parameters are hidden from users.
Does Domking Capital LTD carry out withdrawals?
Clients report in reviews about sudden blocking of accounts after attempting to withdraw funds. In most cases, this broker either ignores the request or delays the process by requiring additional documents that are not necessary. That is, you can easily deposit money, but it is impossible to withdraw it.
May I be scammed on domkingcapitalltd.com?
The company does not disclose the details of the trading conditions, nor does it have a license from the regulators. In addition, there are signs of fraud on the platform, such as a fresh domain and the broker's statement that the firm has been operating since 2015. Finally, the founders of the project remain anonymous and indicate fake contacts.
What's the best way to share my experience with Domking Capital LTD?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.
14 reviews about Domking Capital LTD