Forex Market is bankrupt! Seriously and for a long time
As it has come to be known, -broker Capital Investing International Ltd. operating under the Forex Market brand ceases to exist after long and persistent attempts to avoid bankruptcy. This is reported on the company's website, the functionality of which is no longer available.
Forex Market broker - another victim of EUR/CHF collapse
The cause was unsuccessful risk hedging operations in early 2015 amid the EUR/CHF collapsewhich resulted from the decision of the Swiss National Bank to cancel measures to keep the Swiss franc against the euro at 1.20.
Many brokers resorted to bankruptcy proceedings for a similar reason. As Forex Market reports, all funds were spent on attempts to revitalize the company, after which even personal funds were invested. The search for new investments was also unsuccessful. As a result of the accumulated loss, a negative balance of customer deposits and withdrawals was formed.
At the moment Capital Investing International Ltd. does not have the ability to keep the company up and running, as a result trading will be halted with its closing at world time and clients' funds in their accounts will be blocked.
You can ask questions or send claims to claim@capitalinvesting.co.uk and http://crofr.net/claim.
Why should one believe an unsubstantiated statement by a broker. Shouldn't there be an investigation by the competent authorities for fraud?
there should be documents on the company's declaration of bankruptcy from the relevant authorities