SectorCapitals

Investigating SectorCapitals: A Comprehensive Review

The market of fraudulent brokers is replete with companies with questionable reputations and unprofitable terms of cooperation. SectorCapitals falls into the category of such dealers since the organization is not officially regulated and also manipulates traders’ accounts. The company deservedly receives negative reviews and many identical, specially created comments. Let’s find out if the broker is a scam.

Key Features

• Low informational value of the website and signs of fraud.
• Controlled terminal with zero liquidity.
• Lack of license and guarantees.
• Relevant shortcomings and critical customer reviews.

Overview of SectorCapitals

Next, we will look through the key moments of the company’s background, as well as at the main problems that are related to its official web page.

Broker History

SectorCapitals management actively invites novice traders to cooperate, emphasizing favorable trading conditions and investment opportunities. The company reports its presence in several countries and boasts sponsorship contracts with major football clubs. It is also actively promoting narratives of reliability, regulation, and technological development. However, there are no official records regarding the operational history of the intermediary, nor is there a corresponding section on the official website that would disclose this information.

Accordingly, all the above-mentioned “benefits” of this broker are just not proven and serve only as misleading promises.

Sectorcapitals.com Website

The official SectorCapitals website offers multiple language versions, English is set by default. However, certain sections of the portal have only been partially translated, which is a significant red flag. Additional drawbacks include the website’s minimal informational value, low privacy standards during registration and fund deposits, and performance issues on mobile devices. Moreover, the homepage contains links to unidentified applications.

It is worth noting the use of a template, since the layout and design of the site are quite primitive. A third-party domain is involved during the registration process. No online chat for support interaction exists, and neither are any plugins with current quotes of assets.

Registration Process and Personal Account

Registration in SectorCapitals is carried out by means of the functionality in the top right corner of the site. Upon registration, a page loads that turns out to be not English-friendly. The solution — you apply a browser translator. Upon signing up, the fields required include your name and surname, the state of your residence, contact phone number, e-mail, and password. This page also includes links such as the Terms and Conditions, among ‌others. You do not have to confirm your email address to use a personal account.

According to ‌legend, the broker checks users. The AML document is posted on the site. However, in the personal account, the interface for confirming the identity is actually inoperative.

This signals fraud on the part of the company, for example, at the stage of withdrawal of funds. Managers often use the lack of documents as a pretext to block accounts and freeze clients’ funds.

The interface of the SectorCapitals personal area is not unique, much less useful. In the upper part of the page, information about the balance, margin, and borrowed funds is displayed. A link has been added to launch the web version of the browser and a menu for funding the account. You can change your password and personal data.

There is no way to contact SectorCapitals support service through your account, nor are there any links to download software.

Trading Platform

Trading on SectorCapitals is carried out through the terminal WebTrader. The use of such software imposes a number of restrictions on users. Problems arise, first of all, with the speed of execution of transactions and accordingly, with liquidity. Managers on their part may change asset quotes, increase spreads, and raise commissions. In turn, high-quality trading via smartphones is not provided. Moreover, we do not recommend using even a third-party program promoted on the official website (for Android).

Contacts

SectorCapitals posts a contact email for communication (info@sectorcapitals.com). Among the advantages is that the details provided are true, but this does not mean that it is possible to contact a company’s specialist and receive a quality service. Information about the location of the office is manipulative. Thus, the intermediary does not have an actual head office and even branches in European countries.

The contact information is indicated only in the section “License” of the site. At the same time, on sites of rating brokers, for example, the contact information is given at the very bottom of the main page.

Analysis of Services Offered by SectorCapitals

Let’s get acquainted with features of the brokerage website transactions. Later, we will also describe the trading conditions that the company is able to offer.

Funding and Withdrawal

The founders of SectorCapital actually hide the details of payment transactions from traders. When depositing and withdrawing funds, you can use a bank transfer (SEPA). When funding a deposit, no commission is charged, at least from the broker’s side.

The withdrawal of funds is possible only by the method that was used during the replenishment of the account. Managers can apply fines and restrictions for withdrawal, as well as charge a commission. It is not specified exactly what size such a commission is provided for.

SectorCapitals Trading Conditions

The broker opens access to several accounts that differ in additional services and minimum deposit. Thus, the following accounts are available to the clients of SectorCapitals: Standard, Professional, Business, Business Plus. The main disadvantage regarding accounts is that employees deliberately hide some details about services, as well as commissions.

So, the size of the trading commission is not officially reported by the administration of the intermediary. At the same time, according to managers, spreads are from 0.1 pips, regardless of the account type. There is also a fee for inactivity on the account for 45 days — 100 euros.

The size of the starting deposit is 250 dollars and can reach 100 thousand dollars on a premium account. In this case, the client actually pays for receiving some privileges and services. For example, bonus offers or access to thematic events.

The level of leverage reaches 1:200. Statements about following the requirements by European regulators from employees are still too loud. This leverage value introduces risks for clients.

It would be nice to know how many financial instruments are available, but alas. Anyway, the following assets are available to traders: currency pairs, stocks, indices, crypto, ETFs. We do not recommend taking seriously statements about the possibility of working with ETFs, because the broker does not cooperate with liquidity providers.

Unique Features

Other services from SectorCapitals include training materials and webinars. With a larger deposit, there is a promise of access to exclusive events. Up to a 100% welcome bonus is advertised, but in fact, it is rarely given. Among additional services, Islamic accounts and round-the-clock service from support are highlighted.

Is SectorCapitals Trustworthy and Reliable?

In the next section, we will look at the regulation of the company and how long it has been in business.

Assessing Legitimacy

The SectorCapitals website publishes several advertising banners with theses on regulation, information security, and protection of client funds. In the “License” section, information about regulation by the CONSOB commission — the national regulator of Italy — has been added. However, checking the company’s data in the CONSOB register refutes the information.

The problems don’t end there: the published address of the head office is fake. SectorCapitals has no representative offices or branches in Oslo. The project’s founders simply listed some address to create an impression of security and deceive traders.

Established Track Record

SectorCapitals has been operating on the market since the second half of 2024. Thus, the company was founded in Q4 2024 — a red flag that is a hallmark of low reliability. This period of work explains not only the minimal level of trust in the project but also the absence of an actual license, as well as the low quality of the functionality of the site and the personal account.

Implications for Traders

SectorCapitals is a bad dealer for trading. The firm illegally works in Europe and receives negative responses with accusations against its name. A poor-quality trading terminal combined with low competence of employees servicing customer requests leads to loss of traders’ funds.

Strengths and Weaknesses