GreenFields Capital Review is Greenfieldscapital.com Scam or Legit Broker

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GreenFields Capital Review: Scam or Legit Broker?

GreenFields Capital is a binary options broker owned and operated Premium Peak Ltd, with an address at Metro Plaza, Viru vajak 2 Tallinn, Estonia.

GreenFields Capital Trading Platform

Binary platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good binary options platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. GreenFields Capital broker uses the SpotOption platform, it has a huge range of assets to trade on. The binary options type offered by this platform are the Regular binary, 60sec, Long Term, Ladder, One touch and Pairs, they also offer Forex and CFD trading.

Withdrawal and Deposit Method

GreenFields Capital withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard, Maestro, WebMoney, Skrill, Neteller. GreenFields Capital broker minimum deposit is $250.

License and Regulation

GreenFields Capital is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about these brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.

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GreenFields Capital Review – is greenfieldscapital.com scam or good forex broker?

Trading Accounts & Conditions

Unfortunately, the information on the different trading conditions of GreenFields Capital is quite scarce. Instead of clear indication of spreads and minimum initial deposits, the website of this broker informs the public of some “extra” features of Standard and Pro accounts, such as personal account manager, priority withdrawal, risk management plan, webinars, etc.

GreenFields Capital Advanatges:

Many asset classes covered

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One of the few good things we could say about GreenFields Capital is that its product portfolio covers many asset classes. There are a number of forex pairs available for trade, as well as various CFDs – on commodities, indices, stocks, ETFs, as well as cryptocurrencies.

Although GreenFields Capital offers a number of different coins for trade, we would advice those of you who are into crtyptocurrencies to select a regulated crypto broker.

The maximum leverage available at GreenFields Capital is 1:300 for forex pairs, which is a relatively high ratio. Cryptocurrencies, on the other hand, can be traded with leverage of 1:3.

While having the option to use high leverage levels is nice, it is not recommended for all traders. Be sure to fully understand how leverage works before entring a trade with high ratios, as you micght lose more than you have deposited.

GreenFields Capital D isdvantages:

Not regulated, many regulatory warnings against it

GreenFields Capital is owned and operated by Premium Peak Ltd T. The website provides two addresses: one in London , UK, and another in Prague, the Czech Republic , but mentions nothing about license, nor regulation. What is worse, 6 financial regulators have issued warnings against GreenFields Capital, including UK’s FCA, the Estonian Financial Supervision Authority, New Zealand’s Financial Markets Authority (FMA), the Czech National Bank, he Monetary Authority of Singapore (MAS), and the Securities Market of the Republic of Panama.

L ots of negative reviews

As we we did our due diligence research on this broker , we found a lot of negative user reviews in various forex and sites and forums. Most of the people complain they have been cold-called by representatives of GreenFields Capital and scammed . So, you’d better stay away from this broker

MT4 not supported

GreenFields Capital offers trading via a web-based platform of its own, which has nice charting and the option to adjunct the leverage used for each trade. While this olution will probably allow you to trade, there are better platforms on the market. For instance, MetaTrader4 (MT4) is a popular one, which offers a much better charting package, and most notably supports the use of newly created technical indicators and automated trading systems (Expert Advisors) .

We played with GreenFields Capital’ s web trading interf ace for a while and noticed that the spreads are actually quite high, fixed at 4 pips on EUR/USD.

GreenFields Capital’s web platform. Click on the image to zoom

By comparison, easyMarkets, a trusted broker regulated in Europe and Australia, offers 1 pips fixed spread for this pair to any client who deposits at least $250.

Conclusion

If we had to summarize our recap of GreenFields Capital in just a few words, that would be: Not recommended. Although this broker offers wide range of financial instruments for trade on its web-based platform, it does not seem reliable . The company behind it has offices in Prague and London, but is not regulated. It illegally targets UK investors and therefore the FCA has issued a warning against it On top of that, there is a plethora of negative user reviews about this broker . So, you’d better stay away from GreenFields Capital and select a properly regulated broker instead .

We usually recommend brokers licensed in the UK, as t he FCA applies strict requirements to them and exercises strict supervision. Besides, the re is a compensation scheme in place if a regulated entity goes bankrupt .

Here are, once again, the advantages and disadvantages with regards to GreenFields Capital :

Many asset classes covered

Not regulated, FCA warning against it

1:300 in leverage

Lots of negative reviews

MT4 not supported

High fixed spreads

Pros Cons
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 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
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Hong Kong SFC MarketSpeed FX,
Trading Station
$1 Review

Traders` reviews for GreenFields Capital

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

Greenfield Scam

Greenfields are clearly SCAM . Anyone investing will loose all their money . Something has to be done to put this Company out of Business .

Greenfields scam

They are scammers as they scammed me with $5000 in January 2020. Once I made the investment and wanted to do a withdrawal a week thereafter they refused to pay me back. They are trading on your behalf via anydesk and steal and rob people like me. I want my money back as I almost lost everything because of these thieves and liars

Do not trade with GFC

GFC lost the vast majority of my money and will not let me withdraw any funds – now nor at any time during my time with them. I invested my savings, sold my car and they talked me into borrowing money from the bank at interest, assuring me that I would make it back in a few months. I am still paying off that debt with no returns at all from GFC. They will only let me close my account if I forfeit the remaining funds to them.

They offer “bonus payments” on deposits but these payments are never available to the client. The bonus policy requires that the client trades 30x the value of the bonus before money can be withdrawn, be it the bonus money or your own deposit money. This policy is not disclosed to the client, I had to research it myself on Google. Even though I have traded more than this amount, I am still not allowed to withdraw any money.

The staff are pushy, (especially Luis Goodhart) always suggesting that you deposit thousands of dollars more. They don’t care if you are already in debt or are a disabled pensioner – they still suggest you ask the bank manager for more.

They make profit from your trading whether you do or not, so their advice is rather hit-and-miss. Either way, they make money. If you make money, you are not allowed to withdraw it. If you lose money, they tell you to deposit more.

DO NOT TRADE with GFC

Greenfield Capital , big Scam

It’s not only that they refuse to withdraw your funds. They steal it without remorse, as much as they can. I would suggest victim of Greenfield Capital to be send to the trial and then end up on the death row.Make a report to FBI. Also to ActionFraud in U.K.

Lost trade in Greenfield Capital and a scammer

Greenfield Capital is a BIG scammer. It really been cheated by them. They take my money US$5251. Every time they guide to trade and I lost my trade. I can’t withdraw my own money even USD$ 1. Their reason is that they gave bonus US$1500.

Before that they used this website:
https://www.greenfieldscapital.com/
and now they change to:
https://gfcinvestment.com/
Don’t ever trade in this Company. They are all scammer and cheated. You will loose your money.

This are all people had been involved in Greenfield Capital:
1. David Hunter ;
2. Samuel Cromer
3. Adam Dyer

Payment was made by:
This is their made payment: В© Alternative Payments Limited, 2020. All Rights Reserved

Alternative Payments Limited
Trading as CreditVouchers.com
First Floor Millennium House, Victoria Road, Douglas, Isle of Man, IM2 4RW
Phone: +44 (0)845 299 6244
Fax: +44 (0)845 280 0164
Adam Dyer

Senior account manager & Team Leader

+442035829743 Extension – 7167

I hope somebody will take action to put them in Jail. They are all CHEATER.

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