What is Iberia Capital?
Iberia Capital (iberia-capital.com) claims to offer trading services. However, its credibility is questionable. The website lacks transparency and important legal information. Many traders have reported problems with this broker.
Iberia Capital Scam: Fake Licensing?
The broker does not have a valid financial license. It operates without regulation from trusted authorities. This means traders have no protection if problems arise.
Unfair Trading Conditions Iberia Capital
Iberia Capital sets high deposit requirements. The broker offers unclear spreads and hidden fees. There is no transparency about withdrawal policies, which is a major red flag.
Suspicious Trading Platform
The broker does not provide a well-known platform like MetaTrader. Instead, it offers a basic WebTrader with limited features. Many users complain about technical issues and price manipulation.
Client Complaints and Reviews
Many traders report withdrawal difficulties. Some claim their accounts were suddenly blocked. Others say the broker pressured them to deposit more money.
How the Scam Works
The broker lures traders with false promises. It offers unrealistic profits and high bonuses. However, clients struggle to withdraw their funds. This is a common scam tactic.
Final Verdict
Iberia Capital is an unregulated broker with many complaints. Traders should avoid this platform and choose regulated brokers instead.
