Pacific Alliance Capital Review: Is Pacificalliance-capital.com legit? Before you decide to signup with this brokerage, stop and think. How true is the information on their website? What if it is a scam? Read and find out the result of our investigation.
Pacificalliance-capital.com is the website of a web-based platform that promises a great chance at making fantastic profits in the Forex market. It is an offshore Forex brokerage that claims to be registered in Costa Rica.
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What Pacific Alliance Capital Say They Have to Offer
Pacific Alliance Capital claims to offer traders more than 150 currency pairs to trade with. They say that give access to more than 114 trading tools, more than 97 indexes and tight spreads. Given the language barrier, we were unable to discover much.
Pacific Alliance Capital Withdrawal and Deposit Methods & Fees
Pacific Alliance Capital’s method of funding are through Visa, MasterCard and E-Wallets. We were unable to discover any withdrawal fee.
This is why we advise that potential traders to deposit only the minimum capital deposit. After sometime, withdraw a small amount so as to discover the condition associated with withdrawal and deposit before investing a bigger amount of money.
Due to lack of demo accounts, we are unable to provide you more information
Pacific Alliance Capital Trading Software
This brokerage states that it does not support MetaTrader 4 trading platform which is inarguable the best platform for trading. We appreciate their honesty. However, they offer multi-functional software they claim would be an advantage for potential traders .
Pacificalliance-capital.com has no provision for demo accounts. Also, there is no credible information available regarding this brokerage’s trading conditions. Therefore we are unable to ascertain the information provided by our sources.
Is Pacific Alliance Capital Licensed?
During our investigation, we discovered that Pacificalliance-capital.com provides little information about their background details and legitimacy. The anonymity of this brokerage confirms that Pacific Alliance Capital has something to hide. This does nothing to assure potential traders of the safety of their investment.
Earlier we mentioned that this brokerage is registered in Costa Rica, South America. We discovered that South America’s local regulatory agencies do not license Forex brokers. They majorly focus on stock trading.
Furthermore, even though South America has advanced significantly in its economy, Forex trading is as of yet still not integrated within the regulatory framework. The local regulatory agencies do not license Forex brokers and instead focus their attention on stock trading.
This implies that not only is this brokerage unlicensed, the investment of potential traders are not guaranteed safety.
Address: San Jose, Costa Rica. South America.
As a result of our investigation, we are of the opinion that Pacific Alliance Capital maybe a scam. They do not present adequate information on their background and trading conditions. The language used in their website is Spanish and this poses a barrier to non-speaking. We advise that traders should tread with caution and invest only the capital deposit to avoid much loss.
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Pacific Alliance Capital
- Language Barrier
- No MetaTrader 4