de | cn | ru

Capital Hall Review - is it scam or safe?

Capital Hall Review - is capitalhall.com scam or good forex broker?

RATING: 1 / 16 REVIEWS Capital Hall
Capital Hall is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


Trading Accounts & Conditions

 

Account type Minimum deposit  Min. trade size Maximum leverage  Spread 
Basic  $250 0.01 1:300 From 2.8 pips
Advanced  $2 000 0.01 1:300 From 2.5 pips
Pro  $10 000 0.01 1:300 From 1.5 pips
Expert  $50 000 0.01 1:300 From 0.1 pips

 

Clients of forex and CFD broker Capital Hall have a choice of 4 account types, all of which are said to provide commission-free trading with variable spreads and leverage up to 1:300 on the MetaTrader 4 platform.

 

That being said, we would not recommend any of the above accounts, and especially those requiring high initial investment, as Capital Hall is operated by an offshore company, blacklisted by several financial regulators, and is most likely a scam.

 

In an attempt to be objective, we will start our review with a few possible benefits of using this broker.

 

 

Capital Hall Advantages

 

MetaTrader4 supported

This platform doesn’t need an introduction and we always consider its presence in a broker’s offering as an advantage. The MT4 is easy to get started with, yet solid and professional trading solution. Its charting is top-notch, it has second to none analytical potential, and users have a lot customization options. On top of that, the platform is extremely popular for its automated trading strategies, simply known as EAs.

 

 

>> Find a better MT4 broker <<

 

 

Many asset classes covered, up to 1:300 in leverage

Capital Hall offers trading in over 40 currency pairs, CFDs on commodities, precious metals, indices, stocks and even major cryptocurrencies. This is a solid product portfolio that will satisfy all types of traders. Yet, if you are keen on trading Bitcoin and other digital assets, it is best to choose among reliable and licensed brokers.

 

 

>> Our recommended brokers offering Bitcoin trading <<

 

 

Furthermore, Capital Hall is among the forex brokers offering quite high leverage ratios, reaching 1:300. While the risk-takers among you will probably enjoy this option, we would advise newbies to educate themselves about the risks involved in margin trading before using high leverage levels. 

 

 

Capital Hall Disadvantages

 

Offshore company blacklisted by several regulators

Capital Hall is a brand of Capital Tech Ltd., a company that seems to be operating out of Bulgaria, but is registered on the Marshall Islands. Actually, its address, Ajeltake road, Ajeltake Islands, Majuro, MH96960, s well known to us, as a number of other shady brokers are registered there.

 

What is worse, several financial regulators have blacklisted Capital Tech Ltd. and some of its other brands - PBN Capital, PBN Trade and PBN Invest. The Austrian Financial Market Authority (FMA) has warned the public against unregulated Capital Tech Ltd operating via www.pbntrade.com and www.pbninvest.com. The Malta Financial Services Authority has also blacklisted the company, offering its services through the website www.pbncapital.com.

 

The Italian Financial Watchdog CONSOB has gone as far as ordering Capital Tech Ltd. to cease providing investment services and activities to the Italian public without authorization.

 

 

 

Considering the above, as well as the extremely negative user feedback on PBN Capital and PBN Trade on both our website and throughout the web, Capital Hall is yet another brand of the scam company Capital Tech Ltd. You’d better not deal with any of those brands, as you will probably lose everything.

 

Withdrawal fees & requirements

While the broker offers wide range of payment methods, we found some disturbing clauses regarding withdrawals in Capital Hall’s Terms and Conditions.

 

First, the broker has a minimum trade volume requirement in the amount of 1 standard lot for every 4 dollars received as a bonus. Second, Capital Hall charges a withdraw fee, if you request more than one withdrawal per month, as well as an administrative fee. The latter is charges if the broker decides you are not trading enough.

 

High spreads

Capital Hall’s spreads an all accounts, but the expert one are above the industry’s average. Basic account holders are allegedly offered a spread of 2.8 pips on EUR/USD, which is twice higher than what traders would usually consider acceptable.

 

 

>> Real-time spreads of top forex brokers compared <<

 

 

No EAs trading on Basic account

Speaking of Capital Hall’s Basic account, we also have to mention that the broker does not allow automated trading on it, which is rather unusual.

 

 

Conclusion

 

Capital Hall appears to be a new brand of an old scam, run by offshore company Capital Tech Ltd. The web is full of user complaints against the other brands of the company - PBN Capital and PBN Trade, and what is worse, several financial watchdogs have explicitly warned investors against investing in it.

 

Regulation is the single most important factor for the safety of any investment, and we strongly advice traders to invest only with properly licensed brokers. One of the well-respected financial watchdogs that provides sufficient security on the forex and CFD market is the UK’s Financial Conduct Authority (FCA).

 

 

>> Check our list of FCA-regulated brokers <<

 

 

To sum up the pros and cons of Capital Hall:

 

Pros Cons
MT4 available Offshore company, blacklisted by several regulators
Many asset classes covered, high leverage Withdrawal fees & requirements
  High spreads
  EAs not allowed on basic accounts

 

Latest news about Capital Hall
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for Capital Hall

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Capital Hall is a scam

Have $6000 there but they don't let me withdraw it.

Chen Tsitron 04/16/2019

Withdraw

Hi Ronald was my account manager he convince me to deposit all the money i have and ask for a loan to the bank. We i didn't do it but i deposit what i have and he said he will help me to trade then i started to trade by myself and i have made $1650,00 , When i try to withdraw my money they sending me an email says my withdrawal has been rejected due to the lack of free funds and the mail have been generated automatically

Can anyone help please i want my money back

Samson Moeketsi 03/27/2019

Withdrawal

Jamie was my manager but when i tried to withdraw my funds he made it very difficult. Wanted me to use AnyDesk.. Which my computer doesn't recognise. Said it was part of the terms and conditions or Company Policy. Can't find it on Terms and Conditions. Also they have blocked my account.

Very worried. Can anybody help me?

Angus McKechnie 03/21/2019

Capital Hall Scam - I have phone recordings

I received a number of very persuasive telephone calls from Rachael Maher at Capital Hall just before Christmas 2018. I was doubtful but I decided to invest €250 initially. My own fault I did not research them properly. Trading went well for a couple of weeks and my margin dropped low I was then persuaded to put in an extra €400. Trading went well again and I made up a profit of $5317 by the end of February (the platform works in dollars) and all of a sudden the telephone calls and communication stopped for no reason. Messages were not replied to no communication whatsoever. (Adam Levinsky, Mark Rogers, and Rachael Maher)

As it appears that I am not going to get my money back today I cancel all of the trades leaving the account with a $1900 deficit. I don't get the money neither will they ! By the way I have phone recordings of all my messages and my emails with them.

Billy W Ward 03/19/2019

Scam - I recorded them

This company is a scam, and I had recorded them when I was on a call. I am going to bring them down, and take my money back. Nobody messes with me or my money. So anybody that knows where I can send this recording hit me up. We most stop Cyber Scam ones and for all in this investing industry!

Nilesh Narang 02/20/2019

Capital hall scam

I cant get my money back, they dont answer me
By email or tlf.....

Gina Mikalsen 02/07/2019

Capital Hall Bonus

All my money is gone...
scam scam scam
Everything i read here is true.

Is it true that i have to pay the bonus back to them ?
The bonus i never ask for...

Is there a lawyer for us to get our money back ?

Pat 02/07/2019

Capitalhall scam

The ultimate scammers. Take your money and then cannot get it out. The broker will try and convince to pay in to get your money out. Scam.

Lukas Potgieter 02/05/2019

robbers and scammers

robbers and scammers
Never start with capital hall

M. 02/01/2019

capital hall refuses to pay

they are very agressive and refuse to pay your money back,
it's a scam !!

Sanders 01/26/2019

capitalhall scam company

Extremely agresive, overload ot inforamtion, changing cotact persons rapidly.
Not possible to witdraw Money.
scam scam scam

john friis 01/15/2019

Capital Hall Scam

Capital Hall thieves and scammers. They will persuade you to deposit a large amount of money under the pretense of earning it back within a certain period.

When this doesn't happen you can't withdraw your money because they will have given you a 'bonus' which will force you to first trade a certain amount of your money before you can withdraw your money.

Jan-Willem Smienk 12/10/2018

Capital Hall are thieves

What Peter describes is true.

I was persuaded to transfer money to the wallet of Capital Hall. The "broker" convinced me to put money into it and I could not refuse, because the pressure was too high for me to stop or to put down the phone.
The withdrawal request was refused since there was a bonus of 1000 dollars which has to be invested first. The right to decide on my money has disappeared. There was loud music on the bach ground and the "broker" often had mute on. It was inconvenient. People are puppets for them and the money is lost.

Now they ring me daily and I block all the numbers.

Kate 12/07/2018

Thieves

Has this company ever felt empathy with all those clients who have been deprived of their money.

Per Martin Larsen 11/29/2018

Ex client

Thieves and scammers.

You will not get back all your invested money.
They keep you forever on the line we say in Dutch.

Gerrit Reurslag 11/21/2018

Capital Hall is highly criminal

I was persuaded to deposit all my savings. The broker did some bad trading contracts in Forex and Nasdaq100 and I had to close the tradings at a huge minus not to lose any more. They blame me for having closed the trades in minus profit (even if it is my own money!)

Now Capital Hall refuses to transfer back to me my remaining deposit because «they need to make money», and tells me that I need to trade back 10-15000 before I can withdraw. This is so sick and criminal and they are impossible to discuss with. They also state that since I got a «bonus», I can’t pull my own money out. I never asked for a bonus and never signed any contract about it.

Capital Hall must be stopped and brought to justice. they are making my life miserable.

Anyone got tips on how to proceed?

Peter 11/17/2018
de | cn | ru