CauvoCapital

CauvoCapital is a CFD broker that assures traders its services and offerings will make anyone feel confident in trading on the financial markets. Can such statements from an offshore company be trusted? Or are all the promises to provide clients with a modern trading platform, attractive conditions, and qualified support nothing more than an attempt to lure them into yet another self-project? In our review, we’ve tried to provide the most comprehensive answers to these questions. Read on to find out.

Overview of CauvoCapital

To choose a good broker for trading in the financial markets, it’s essential to thoroughly examine the company’s offerings and information about it. We commenced our in-depth exploration of CauvoCapital from the project’s official website.

Broker History

The first thing we expected to find was the history of the company, CauvoCapital. Typically, licensed brokers publish information about their establishment, key milestones in their development, and significant achievements. Having such information is generally well-received by clients and strengthens their trust in the broker.

However, we did not discover any data regarding the platform’s history on the CauvoCapital website. Even on the only page dedicated to the company (Company Overview), the developers preferred to publish practically useless statements about the super advantages of working with the broker. This is usually the approach taken by scammers who create scam sites on the internet, designed to last only a few months. It seems this broker was developed with a similar intention.

Cauvocapital.com Website

The official CauvoCapital website also hardly fits the definition of a legitimate broker’s web resource. On its pages, the creators still haven’t provided the most crucial information for traders:

• Real trading conditions for different types of accounts
• Contract specifications for available asset groups and individual trading instruments
• A list of payment methods and the terms of non-trading operations, including processing times and commissions
• Details for financial transactions.

Such an approach can only be explained by the lack of competitiveness in terms of conditions compared to popular brokers. It appears that CauvoCapital is attempting to withhold critical information from potential clients until they engage in real trading. This is typically the tactic used by scammers.

Registration Process and Personal Account

Registering a new client account with CauvoCapital requires filling out a relatively extensive form. The fields to be completed include:

• First and last name
• Date of birth
• Email and phone number
• Detailed address
• Account’s currency.

Additionally, you will need to confirm:

• Agreement with all documents regulating the relationship between CauvoCapital and clients
• Non-citizenship and non-residency in the United States
• Desire to receive promotional materials from the broker.

Unfortunately, we were unable to create an account. All our attempts to submit the filled-out form (utilizing personal and contact information from users in various countries) ended with a message indicating that the request couldn’t be processed, with advice to try again later or contact customer support.

There is a possibility that CauvoCapital has ceased accepting new clients. However, we believe that project owners have chosen to employ one of the common tactics used by scammers. Registration can only be completed by those who have shown their interest in working with the broker and have contacted customer support. Without a doubt, these traders will also be urged to make the maximum possible deposit.

Naturally, without registration, we were unable to access the client workspace at CauvoCapital. This prevented us from assessing the availability of all necessary features, the security of non-trading operations, and the availability of other services and features.

Trading Platform

CauvoCapital claims to offer traders a modern trading platform with a multitude of technical analysis tools, a user-friendly interface (including a 1-Click Trading mode), and almost instant order execution. Additionally, the broker’s clients can utilize desktop, mobile, or web versions of the trading terminal.

Unfortunately, we couldn’t witness any of the platform options in action since only registered users can launch the web terminal or download PC and mobile applications. However, this raised several questions about CauvoCapital’s trading platform. The most pressing one is: why aren’t the broker’s mobile applications available on official platforms like AppStore and Google Play? Do they not meet the standard requirements, or are the creators suspected of fraud?

Contacts

The website developers at CauvoCapital didn’t dedicate a separate contact page. However, they include this information on every page, making it easy for visitors to access the necessary details and get in touch with company representatives. You can reach them via:

• Phone: +2302148899, +18009821027
• Email: info@cauvocapital.com
• Online chat on the website pages.

In the website footer, there’s an address for CauvoCapital’s office in Mauritius: Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis. The contact information is probably the only aspect that somewhat aligns with the standards of reputable brokerage companies. Of course, the set doesn’t include active social media groups and an internal forum for general inquiries to support. Nevertheless, it’s still better than what scam brokers provide.

Analysis of Services Offered by CauvoCapital

Overall, the initial encounter with the broker was disheartening. CauvoCapital widely employs tactics that are commonplace among scammers. Let’s see what further exploration reveals. Up next are the company’s offerings for traders.

Funding and Withdrawal

In the Terms & Conditions, it’s mentioned that CauvoCapital utilizes bank transfers, debit/credit cards, and other approved payment methods for financial transactions. They promised to publish the list of these methods on the official website, but it appears they forgot about it.

Since the client workspace was inaccessible, we couldn’t investigate how payments were organized, which methods were used, or what the requisites were. However, judging by the absence of this information on the website’s pages, it seems the creators of CauvoCapital are in no rush to share these details with visitors. This level of opacity raises suspicions that the broker might employ scammer practices, aiming to stay anonymous and avoid financial regulatory scrutiny.

CauvoCapital Trading Conditions

Registered clients have access to 8 types of accounts:

• Beginner
• Basic
• Trader
• Premium
• Premium PRO
• Investor
• Expert
• VIP.

However, CauvoCapital follows the same pattern as hundreds of scam brokers when describing these accounts. They provide no comprehensive details about the trading conditions, only specifying the initial deposit size. In the account plan descriptions, you’ll only find general phrases about market access (for example, Basic Market Access), the option to use mobile apps, or work with a personal manager, among others.

To call this a full description of trading conditions is quite challenging, especially for experienced traders. They’re not provided with the necessary information to select an account plan. This demonstrates how uninterested CauvoCapital is in attracting such clients.

Instead, it’s clear that the meager account type descriptions are geared toward novices. For them, access to webinars and educational materials, consultations with a personal manager, additional analytical materials, and trading signals hold value. CauvoCapital’s approach is quite understandable: it’s easier to deceive inexperienced traders and convince them to deposit a significant amount with a dubious broker than to prove their reliability to professionals.

Is CauvoCapital Trustworthy and Reliable?

We increasingly suspect that the broker is not aiming to provide information or conduct business like a legal, licensed company. Thus, it becomes necessary to verify official data about CauvoCapital.

Assessing Legitimacy

In the footer of CauvoCapital’s pages, there’s a registration number in Mauritius, and even a license number from the local regulator, FSC. Checking this information is not difficult.

A business registry search confirms that Cauvo Brokerage Mauritius LTD, the entity that owns the broker, was indeed registered as an international company on February 2, 2019. Currently, the company’s status is “active.”

The license details also passed scrutiny. Furthermore, the record even specifies the type of activity: investment dealer (broker).

Thus, it’s fully established that CauvoCapital provides brokerage services on legitimate grounds. So why does the broker operate almost identically to scam projects?

The reason is that the existing permission for brokerage activities, while entirely legal, was issued by an offshore regulator. This regulator does not impose as strict limitations as, for example, European regulators. Additionally, the broker’s liability for violations is much lighter.

Moreover, the rights of traders are not as fully protected. For instance, there’s no mention of compensation from the FSC, and compensation for losses can only be obtained based on a court decision. We believe that CauvoCapital might find a few clients willing to travel to Mauritius to file a lawsuit and participate in the conflict resolution process in the hope of recovering a couple of thousand dollars. From this perspective, the broker feels almost completely secure, which is why it conducts its affairs less openly and fairly than users would prefer.

Established Track Record

In the documents, it’s stated that the company owning CauvoCapital was registered and licensed in 2019. Against this backdrop, the information obtained using the whois service appears quite strange.

We see that the domain was only registered in September 2022. Does this mean that a licensed company didn’t engage in brokerage activities during this time (3 years)? It turns out it did.

Cauvo Brokerage Mauritius LTD. owned BTG Capital, which is currently inactive but has firmly established itself online as a scam project, as indicated by numerous reviews on dozens of specialized websites. It seems that CauvoCapital hasn’t succeeded in it and, most likely, is also oriented towards misappropriating users’ funds.

Implications for Traders

After carefully studying the information about CauvoCapital, we have come to the conclusion that trusting your money with this broker is not advisable. Despite its official registration and license, the platform operates similarly to hundreds of scammers. Furthermore, the company already has experience creating a similar project that has garnered a reputation as a scam in the trading community. There are no guarantees that history won’t repeat itself.

Strengths and Weaknesses of CauvoCapital