In our Entrust Capital Limited review, we will delve into a brokerage company that offers its platform for earning through trading various assets. Clients are promised bonus programs, low spreads, and minimal commissions. The company’s statistics are impressive. However, we strongly advise against rushing to open an account here. There are numerous aspects that raise serious concerns. Therefore, we will conduct a thorough evaluation of this project and determine whether this is a scam or not.
- Entrust Capital Limited General Information
- Registration and Client Portal Review
- Entrust Capital Limited Trading Conditions
- Account Types Review
- Trading Platform
- Entrust Capital Limited — Deposit and Withdrawal of Funds
- Verification
- Additional Options
- Is Entrust Capital Limited a Scam?
- Legal Information and License
- Entrustcapltd.com Domain Info
- Contacts Review
- More Details
- Pros and Cons
- Frequently Asked Questions (FAQ)
Entrust Capital Limited General Information
| Website | https://entrustcapltd.com/ |
| Phone Number | +442840680054 |
| support@entrustcapitalltd.net | |
| Address | Tower 42, 25 Old Broad Street, London, EC2N 1HQ |
| License | None |
| Minimum Deposit | €100 |
| Assets | CFDs |
| Leverage | Up to 1:500 |
| Trading Platform | WebTrader |
Registration and Client Portal Review
The official website of Entrust Capital Limited leaves much to be desired. While it strives for simplicity, the design feels overly basic and lacks depth. Key information is minimal, and the abundance of promotional phrases does nothing to improve its credibility.
You’ll only find a few main tabs providing basic details about the broker, contact information, additional office addresses, legal documents, and trading conditions. It’s immediately clear that this is a generic template. More reliable brokers typically offer a significantly larger number of sections.
The informational blocks are overly simplified. We find no user-friendliness here, as there’s no unique or useful data.
Registration on this platform is extremely quick. All you need to do is fill out a small form and provide your email and phone number. You won’t even need to enter your password twice, let alone receive an SMS or email confirmation code. But no, Entrust Capital Limited doesn’t offer such a service. It’s also unclear whether two-factor authentication is available at all.
Afterward, you can complete your profile in the client portal. However, its functionality is also quite limited — you can only view your transaction history, deposit funds, or request a withdrawal.
Entrust Capital Limited Trading Conditions
First of all, the so-called “customer focus” of Entrust Capital Limited is seriously questionable. The company boasts about its varied trading conditions, but upon closer inspection, this turns out to be nothing more than a marketing ploy. Let’s take a closer look.
Account Types Review
Entrust Capital Limited offers five account types, supposedly designed to accommodate clients with different financial backgrounds and experience levels. However, the structure seems overly simplistic and designed more to extract deposits than to actually help traders.
- Classic Account. Aimed at inexperienced clients, this account requires a minimum deposit of €100. The 1:50 leverage can easily wipe out small deposits in volatile markets. The promise of “testing the platform” seems empty, as €100 is unlikely to bring any meaningful trading experience. A demo account would be better for real testing.
- Silver Account. For €2,500, clients gain access to cryptocurrency and commodity trading with increased leverage of 1:100. It is unclear how access to these tools justifies the significantly higher deposit requirements.
- Gold Account. A €10,000 deposit provides “24/7 personal support” and access to more trading instruments. However, no details are provided about these “advanced tools,” and there is no evidence that the so-called personal support is anything more than general recommendations.
- Platinum Account. For a substantial deposit of €50,000, clients are promised deposit bonuses of up to €20,000 and insurance. As a reminder, deposit bonuses are prohibited by all reputable regulators.
- VIP Account. This account advertises “maximum bonuses,” “24/7 manager support,” and “trading signals.” True, you have to deposit a whopping 100k. Trading signals, in particular, are often unreliable and rarely result in consistent profits.
In fact, Entrust Capital Limited’s account structure seems designed to lure clients into higher deposit levels with flashy promises while offering little in the way of tangible benefits or protection of funds. For a company that claims to be focused on its clients, these are certainly red flags.
Trading Platform
It’s worth pointing out that Entrust Capital Limited’s trading terminal, simple and web-based. The company advertises features like customization and a “broad range of functionality” for developing personal trading strategies. However, in reality, this platform lacks the sophistication and reliability seen in industry-standard tools.
Accessing the terminal is as basic as signing up, but this ease comes at a cost. Without advanced features or integration with trusted trading tools, it’s hard to imagine this terminal meeting the needs of serious traders. Instead of offering innovation, it feels like a bare-bones solution that prioritizes cost-cutting over user experience.
Entrust Capital Limited — Deposit and Withdrawal of Funds
As for deposits, the screenshot from the Client Portal chapter says it all. There aren’t even active buttons to make a deposit. Of course, you can try to resolve this issue and figure out what’s going on through the managers. Keep in mind, this is another scam tactic. During a casual conversation about funds, they will likely try to persuade you to make larger deposits. And of course, you won’t be able to withdraw any money without verification.
Verification
The verification process is as follows. You will need to submit scans of the first and second pages of your passport, confirm your address of residence, and provide a utility bill. How long the verification will take is unknown. Also, we would advise against sharing important sensitive information with a broker about whom we know almost nothing.
Additional Options
We were quite surprised by the additional services offered in premium accounts. Specifically, Deposit Protection, which is listed alongside Protection of Deposits. Can someone explain the difference between the two?
Seriously, though, we don’t understand how anyone could approach filling out the trading conditions so carelessly.
It’s obvious that this section wasn’t even checked. Anyway, as we mentioned earlier, the website doesn’t exactly shine in terms of quality.
Is Entrust Capital Limited a Scam?
We are inclined to believe that this is yet another scam. Trusting its owners is certainly not advisable, and here’s why.
Legal Information and License
Representatives of Entrust Capital Limited claim that the company is registered in the UAE. They even provide the local license number. Our investigation confirmed this information. Indeed, a company by that name is listed in the records of that country. Moreover, it has a license issued by the local regulator, but it has nothing to do with the entity we’re reviewing here. We realized this only when we found the official website.
The scammers behind Entrust Capital Limited in this review have completely copied all the details of the officially registered company and are illegally using its name.
Entrustcapltd.com Domain Info
We were concerned by the small number of reviews online after “more than 6 years of the company’s operations”. However, the Whois record we obtained clarified everything. The domain for this scam was registered just over a month ago, specifically on November 1, 2024. Prior to this, the company had another website, which also appeared not long ago — only in July. Now, it is completely inaccessible.
By the way, a broker who frequently changes domains is highly likely to be a scam.
Contacts Review
In the contact details, Entrust Capital Limited provides a phone number, email address, and three office locations, two of which are in London. Why would a Dubai-based broker need offices in London? Well, we don’t know. However, real data from maps shows that there are no offices belonging to this company at the addresses provided. It’s all fake.
More Details
Since this is not a legitimate broker, it has no access to real exchanges. All trades here are carried out through a boiler room model. This means that the broker acts as an intermediary, not facilitating trades on real exchanges, but instead taking the other side of the trade. Essentially, when you make a trade, the broker bets against you. This creates a conflict of interest because the broker profits from your losses. In such cases, there is no real market or liquidity, and all actions are designed to maximize the broker’s gain at the expense of the traders.
Pros and Cons
- Variety of account types to suit different experience levels.
- No valid regulatory registration.
- Questionable customer service.
- The domain was only recently registered.
- Poor transparency regarding trading conditions.
- Suspicious reviews.
After uncovering the truth about Entrust Capital Limited, we have no doubt that it is a scam. Its owners have shamelessly copied all the details of a legitimate company with a good reputation in the financial community. To further deceive potential victims, the fraudsters also spread fake reviews online, claiming to be a reliable broker. We urge caution when dealing with this project and advise against transferring any funds to its accounts.
Frequently Asked Questions (FAQ)
It offers a variety of account types for trading different assets, including forex, commodities, and possibly crypto.
According to the trading conditions, the minimum deposit required to open an account is €100 for the Classic account.
No, it does not appear to be safe. The company is not actually registered or regulated.
It’s true
Entrust Capital Limited is not registered in Dubai, and the license that the company refers to actually belongs to a different company with the same name. I know for a fact that the brokers’ managers are lying blatantly.
I decided to register on the platform, but when I saw that there were no trading conditions, no demo accounts, and no information on commissions, I immediately realized that this was a typical scam, so I decided not to deposit any funds.