About GENUINE CAPITAL
Company Overview
GENUINE CAPITAL is a financial services firm registered in the United Kingdom, with an official website at genuine-capitals.org. It was founded on 1 August 2024, making it a very recently established entity. The company's registered address is 2 Church Street, Burnham, Bucks, United Kingdom, SL1 7HZ.
Despite its UK registration, GENUINE CAPITAL does not hold any regulatory licences from the Financial Conduct Authority (FCA) or any other financial regulator. This lack of oversight means that traders do not benefit from protections such as the Financial Ombudsman Service or the Financial Services Compensation Scheme.
Regulatory Status
According to our records, GENUINE CAPITAL is not regulated by any financial authority. The company's registered address in the UK suggests a corporate presence, but registration with Companies House does not equate to regulatory authorisation to offer financial services.
For traders, dealing with an unregulated broker carries significant risks, including the absence of deposit protection and no recourse to an independent dispute resolution body. FXCanary's Scam Risk Score of 53/100 reflects these concerns, indicating an elevated risk profile.
Products and Services
Based on limited publicly available information, GENUINE CAPITAL appears to offer trading services, likely including retail forex and contracts for difference (CFDs). However, without access to the official website or marketing materials, specific details on instruments, platforms, or account types cannot be confirmed.
The broker's target audience is unclear, but given its unregulated status and recent inception, it may be aimed at retail traders seeking high leverage or those unable to open accounts with regulated brokers.
Account Types and Platforms
No verified information is available regarding the account types, trading platforms, or leverage offered by GENUINE CAPITAL. Typically, brokers in this segment provide standard, mini, or Islamic accounts and use platforms such as MetaTrader 4 or 5, but this remains unconfirmed.
Traders should exercise extreme caution and verify any claims made on the broker's website independently. The absence of transparent information is a red flag.
Funding and Withdrawals
Details on deposit methods, fees, or withdrawal processes for GENUINE CAPITAL are not known. Common industry practices include bank transfers, credit/debit cards, and e-wallets, but these have not been confirmed for this broker.
Given the lack of regulation, traders may face difficulties in recovering funds or encountering unexpected fees. We strongly advise conducting thorough due diligence before committing any capital.
Suitability
GENUINE CAPITAL is not suitable for traders who prioritise regulatory oversight, client fund segregation, or access to compensation schemes. The broker's limited track record and lack of verified information make it a high-risk choice.
Traders who are risk-tolerant and fully understand the implications of trading with an unregulated firm might still consider it, but we cannot recommend it for the average retail investor.
Overview compiled by FXCanary from regulatory records and public data. full GENUINE CAPITAL review