Item: ExtrendCap
Rating: 1.38

Company Name

EXTREND CAP INTERNATIONAL PTY LTD

Abbreviation

ExtrendCap

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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ExposureBeware Of Low Rating Forex Brokers Like ExtrendCap - Scamming Might Be Their Main Goal

2022-11-24 13:47

Forex brokers today are not scared to defraud customers, even if they are regulated by a specific regulating organization. As we all know, forex trading has become a popular choice for many people owing to the high returns and variety of possibilities to get effective forex signals. As a result, many people are intrigued and want to try their hand at forex trading.

WikiFX

2022-11-24 13:47

Exposure

Review 17

17 Comments

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All(17) Latest Neutral(1) Exposure(16)

Exposure

Scam platform

EXTREND CAP: Dear user, your withdrawal has been submitted for filing. The system prompts that your account has reached the personal income tax threshold. The tax rate is 5% (1832USD). Please complete the tax payment within 7 working days. After the tax payment, the financial department will Immediately through your withdrawal, your withdrawal request will be transferred to your wallet account. Me: I want to pay taxes EXTREND CAP: Dear user, taxes and fees have been checked Your relevant information has been submitted, please wait patiently for 24 hours for review! Me: It has been audited for 8 days, why haven’t you passed the audit yet? Are you a fraudulent group? Have you achieved your goal and resorted to any means to get us to pay taxes?

菁

2022-11-22

Exposure

**Scam**Extrend Cap Ltd is Old Shenghui Group LTD!

They won’t allow me to withdraw. They want me to add 2X my account balance in order to withdraw but I know better. Aileen Sum in Toronto will try to recruit you! Be careful! She is a scam artist working for them and needs to be stopped and brought to justice!!

Require to pay 20% personal income tax to withdraw.

I made a withdrawal from Thursday and my account has been deducted but no money has been sent to my bank account yet

haheng

2022-11-06

Exposure

Won’t Release My Funds!

This is the old Shenghui group that was shut down! They will not release my funds to me saying that I must send double the amount I am wanting to withdraw in order to “unlock” my account and get my money! This is not a legitimate way to do business. If I send them double the money it will all be kept and I will receive none! please help!

FX2107643353

2022-11-04

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ExtrendCap Review Summary
Founded	2021
Registered Country/Region	Australia
Regulation	ASIC (Revoked)
Market Instruments	Forex, Metals/Commodities, Indices, CFDs
Demo Account	❌
Leverage	Up to 1:500
Spread	From 0.0 pips
Trading Platforms	MetaTrader 5 (MT5)
Minimum Deposit	/
Customer Support	Email: support@extrendcap.com
Customer Support	Address: Suite 290 739 Sydney Rd Brunswick VIC 3056

Pros	Cons
/	Non-functional Website
	Revoked license
	Lack of transparency
	No demo accounts

Regulatory Status	Revoked
Regulated by	Australia
Licensed Institution	EXTREND CAP INTERNATIONAL PTY LTD
Licensed Type	Appointed Representative (AR)
Licensed Number	001296416

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

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ExposureBeware Of Low Rating Forex Brokers Like ExtrendCap - Scamming Might Be Their Main Goal

Review 17