Pais Capital Group Review: Is Pais Capital Group a scam? Is it Legit? How much do you know about this broker? Read our review to find out the result of our investigation.
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What is Pais Capital Group?
Paiscapital.com is the website of an offshore Forex brokerage created by Pais Capital Marketing Limited, located in Austria. This is a new broker that claims to offer effective and profitable trading in Forex, stocks, commodities and indices. Their trading conditions are just crazy and leverage that ranges from 1:100 to 1:400.
PaisCapitalGroup does not offer demo account, so there is no way of testing their platform before deciding to join. We consider this a big disadvantage because traders do not know hat to expect if they decide to join. They will have to face the a huge risk with nothing to assure them of profit or even the safety of their money.
What Pais Capital Group Say They Offer
Due to lack of demo account, we were unable to find out nor ascertain what features PaisCapital Group claims to offer potential traders. We don’t even know what spreads this broker offers. The lack of adequate information regarding this brokerage is a major concern to us.
Instead, let us tell you what we consider as PaisCapitalGroup’s shortcomings:
- No demo account
- Lack of adequate information on the owners of this brokerage
- Lack of transparency
- Loopholes regarding what they are offering Clients
- Unreasonable trading conditions
Pais Capital Group Trading Software
Despite PaisCapitalGroup’s claim, they do not offer MetaTrader 4 trading platform, charting solutions or educational Materials.
Pais Capital Group Withdrawal and Deposit Methods & Fees
On paiscapital.com, we could not find the minimum deposit requirement nor withdrawal amount but we did find out that traders may deposit or withdraw through Ethereum, bank wire transfer, credit cards and Bitcoin. On their website, withdrawal takes about five business days to be processed. Furthermore, there is a fee of $85 on dormant accounts but there is no certainty that Pais Capital has no hidden fees or commission.
Is Pais Capital Group Licensed?
This brokerage claims to be regulated by the financial bodies of the European Union (H2053 ) with the license n.789398 but truth is that PaisCapital Group is unlicensed and neither regulated by Cyprus Securities and Exchange Commission or any authorized Financial body. They do not even display any document with regards to their legality on their website.
Pais Capital Group Support
Telephone: +34 910 085 980
Address: Oficina Central Austria Hauptplatz. 19, 2500 Baden.
Based on our investigation, Pais Capital Group does not display the characteristics of a legit broker. We advise traders to be careful if they decide to trade with this broker.
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Pais Capital Group
- No MetaTrader 4 trading platform