General Information About the Broker
Fire Capital Market (firecapitalmarket.com) claims regulation by FCA, CySEC, ASIC. The website launched in February 2025. Despite lofty claims, online presence is minimal. That discrepancy raises suspicion.
Claimed Licenses and Regulation
Fire Capital Market broker review shows no real licences. FCA officially warned on May 8, 2025 that the firm is unauthorised1. CySEC and ASIC records show nothing. BrokersView deems the broker unregulated and unsafe. This lack of regulation is a major red flag.
Trading Conditions
They promise ultra‑tight spreads, instant execution and expert analysts. Yet no fee schedules or cost breakdowns appear. Withdrawal terms remain hidden. That opacity can hide heavy charges and misrepresentation.
Trading Platform and Technology
Fire Capital Market promotes an advanced trading platform. However, no details confirm MT4 or MT5 use. They show simulated profit dashboards. No proof exists of real trade execution.
Client Reviews and Feedback
ScamAdviser gives a very low trust score and warns of scam risk. Recoverly Ltd reports fake profit displays, hidden fees, blocked withdrawals, and sudden disappearances. BrokersView also confirms scam suspicion.
Potential Scam Strategies
Fire Capital Market likely uses flashy marketing to lure clients. They show initial simulated profits to build trust. Then withdrawal requests trigger hidden fees. Clients lose access after deposits increase. Finally, the platform disappears.
Expert Opinion
Considering FCA’s May 8, 2025 warning, lack of real licences, hidden fees, and fake dashboards, Fire Capital Market is a scam. BrokersView and ScamAdviser support this conclusion. This broker review confirms clear risk.
Conclusion
The Fire Capital Market broker review uncovers multiple warning signs. There is no regulation, no cost transparency, and no real trading infrastructure. Withdrawal manipulation and disappearance are likely. We strongly recommend avoiding Fire Capital Market. Instead, choose brokers regulated by FCA, CySEC, or ASIC. Verify licensing, platform legitimacy, fee schedules, and genuine user feedback before investing.
