Spec Capitals
We checked Spec Capitals against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Spec Capitals Ltd claims to be registered in Saint Lucia under registration number 2024-00305, is a brokerage firm operated in India, which offers a range of investment products to traders, including Forex, Stocks, Indices, Commodities, Metals and more instruments for trading in global markets. Upon investigation, we found that Spec Capitals Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. However, Spec Capitals Ltd is also not authorized and regulated by the Securities and Exchange Board of India (SEBI). The truth is that Spec Capitals Ltd is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. Spec Capitals Ltd is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Spec Capitals.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.