Tauracapital

Tauracapital is a CFD broker that convinces traders that it is ready to help them realize competitive advantages. However, it’s difficult for us to say what these advantages are: either in visiting a website where registration is unavailable, or in working without a license. As you can easily understand, scammers have created this dubious firm and are trying to attract at least a few clients who can bring them $10,000 each. Our review explains why it is not worth dealing with this fraudulent project.

Overview of Tauracapital

Getting to know a broker typically begins with its official website and other online services. This is where one can form the most accurate initial impression of the company. Therefore, in our review of Tauracapital, we will also start with information from publicly available pages.

Broker History

Usually, we start acquaintances with a broker with its history. Knowing the date of the company’s founding allows us to assess the team’s experience. Awards and achievements will tell us about its ability to implement plans. And prospects can be judged by considering scenarios for further development.

However, we have not encountered projects where it’s impossible to find any mention of the past and future. Tauracapital is one such case. Even on “About Us” page, the company only boasts about itself without providing any memorable dates. On other pages, nothing was found — neither a list of awards nor any other hints about the platform’s existence. We will certainly find this information from external sources. However, the question of why the broker is hiding data that could enhance its reputation will remain unanswered.

Tauracapital.com Website

On “About Us” page, the broker claims to be trying to make a positive impression on traders. However, looking at its official website, this cannot be said. Yes, it looks decent, mostly due to the quality selection of color schemes and images accompanying the text. However, even a superficial acquaintance with the main page evokes disappointment in its content.

It’s entirely unclear what interest visitors expect from the creators of the site:

• Filling over 50% of the main page with a meaningless banner, a widget with cryptocurrency rates, and self-composed laudatory reviews.
• Placing on “Markets” page, instead of contract specifications, a completely useless copy of part of the main page.
• Talking on “Education” page about a detailed investment guide in the fintech era but not providing a download link.

Similar remarks can be made about almost every page of this underdeveloped site. Overall, it leaves not a positive impression. The Tauracapital creators are far from understanding the broker’s work and the needs of its clients. It seems that the founders didn’t care much about what visitors would say about their “informational” resource. The task was to mark the broker’s presence online. Especially since completely different methods are used on the platform to attract clients, for which the site is simply useless.

Registration Process and Personal Account

As for registering a new client, Tauracapital didn’t even bother to create a form. All links to the registration form will send visitors to “Contact Us” page.

Indeed, why make a user enter completely unnecessary data into the fields, then simulate a glitch in the process, and ask the prospective client to contact support. It’s much easier to immediately connect them with support, where Tauracapital representatives will promptly address all questions:

• Gather the necessary information and fill out the profile.
• Open an account and provide the client with authorization data.
• But first, make sure that the visitor did not come by accident and is ready to deposit a considerable amount.

This is an excellent approach that also protects the broker from those who carefully study it and write reviews (like us) and feedback. Indeed, if a user does not see a personal account and trading platform, they definitely won’t be able to criticize them.

However, it’s unlikely that Tauracapital uses something original for managing profiles and conducting non-trading operations. Most likely, its personal account is created using the same template as hundreds of other scam brokers.

Trading Platform

Without an active account, accessing the Tauracapital trading platform is impossible. We couldn’t even see the broker’s terminal, and it (of course, out of unimaginable modesty) hardly mentions its functions and interface. There isn’t even a separate page dedicated to trading software on the site.

However, judging by traders’ reviews, all the shortcomings of the software, made almost “on the knee,” are far from original. You can see them on almost any trading platform created for fraudulent purposes. The biggest of them traders call the ability of the broker’s administration to interfere with the quote flow and artificially create a market situation in which the client incurs losses.

Contacts

On “Contacts Us” page, Tauracapital publishes a list of contacts that can be used to reach customer support, including for opening an account. However, there aren’t many of them:

• Phone number +16398001634.
• Email address support@tauracapital.com.
• Feedback form.

Here, the company also provides a mailing address: Birmingham, West Midlands, B3 3NH, United Kingdom. However, there’s a question: why is there no specific location in this address? It seems as if the broker’s office occupies the entire city of Birmingham. There’s another question: why does the platform show an address in the UK, but the phone leads to Canada? Does Tauracapital even have official registration, or is the project using rented mailboxes and numbers?

Of course, there are also questions about groups and channels on social networks. In the contacts, and indeed on the site, there is not a single link to active publics. It seems that the broker decided not to spend time and money on them. Especially since it is also not interested in attracting clients through this channel.

Well, there’s a very interesting item in the main menu — Remote Access. Here, users are offered to download and install remote control software on their device: TeamViewer or AnyDesk. The proposal itself is very worthy — so that a client does not make mistakes. Tauracapital support staff will perform all the necessary operations on their devices themselves.

The only problem is that the “assistants” can gain full access to all programs and data on this equipment, including payment ones. There are no guarantees that after this, all the money won’t be withdrawn from the cards and wallets. Think about whether it’s worth risking something like this.

Analysis of Services Offered by Tauracapital

After the initial acquaintance with the broker, traders will definitely be interested in specific conditions for financial transactions and trading deals. Let’s see what information about this we can find at Tauracapital.

Funding and Withdrawal

There is not a word about available payment methods on the website or in the documents regulating cooperation with traders. Of course, more information can be obtained in the personal account. However, due to the lack of an active account, we don’t have access there. Therefore, we cannot say anything about how deposits and withdrawals are processed.

Tauracapital Trading Conditions

Information about the trading conditions offered by the broker is also scarce. The only source of this information is the page with account types. Here, the creators of Tauracapital have provided quite a range.

• Standard. Minimum deposit $10,000, leverage up to 1:10.
• Silver. Minimum deposit $25,000, leverage up to 1:25.
• Gold. Minimum deposit $50,000, leverage up to 1:50.
• Platinum. Minimum deposit $100,000, leverage up to 1:75.
• Diamond. Minimum deposit $250,000, leverage up to 1:100.
• Retirement Savings Account. Minimum deposit $200,000, leverage up to 1:150.
• VIP Club. Minimum deposit $500,000, leverage up to 1:200.

We couldn’t find any other trading conditions. Obviously, traders will have to deal with trade volumes, stop order levels, and broker requests as they trade. We won’t even mention how this could lead to deposit losses.

We were interested in another question, about “Retirement Savings Account” type. It would be very interesting to understand how a cumulative tariff plan for retirees is implemented with leverage up to 1:150. Where are the guaranteed payouts? Where is the insurance or other risk protection (considering such a risk-free trade once a week would be incorrect)? However, we are unlikely to get even a simple answer from the creators of Tauracapital.

However, we can see how actively the broker offers clients a variety of additional options. Most of them are intended for educating newcomers or trading on behalf of company specialists instead of them. Of course, inexperienced traders will gladly take advantage of these offers. It’s clear what this will lead to for their deposits, even without comments.

Unique Features

Tauracapital has an offer that can be considered truly unique. We’re talking about the Islamic account. The broker says it does not charge any commissions for positions and does not receive any other interest payments on them. Traders can check how true this is during trading. The only remaining question is on which of the tariff plans it’s possible to open an Islamic account. Judging by the minimum deposit, it seems to be available only for the Standard plan. What about Islamic traders with larger sums on their balance?

Is Tauracapital Trustworthy and Reliable

We have almost no doubt that we are dealing with a scam project. However, so far, we have only collected indirect evidence of this. Clarifying the matter will help us analyze the legal information.

Assessing Legitimacy

Tauracapital provides no information about the origin of the company. There is not a word on the broker’s website or in its official documents about its legal registration. The only thing we can rely on is the address in the UK and the phone number in Canada. Well, in the absence of other data, let’s check for records of the organization in the registers of these countries.

We checked all possible variations of the company name. However, we did not find an exact match in either the UK Registrar of Companies or the Canadian register. Moreover, our attempts did not yield any relevant results.

The conclusion is clear — the broker is not officially registered. Naturally, this gives us the right to say that it also lacks a license. Even offshore regulators don’t issue permits for activities without the establishment of a legal entity.

This means that Tauracapital provides brokerage services illegally and only simulates trading. It’s unlikely that any liquidity provider or quote provider will deal with a virtual company that exists only online. And with whom would they enter into contracts?

Established Track Record

There’s also no information on the website about the date of the company’s creation or the time of its existence online (we have already mentioned this). Our independent source of information is the whois service, where you can find the registration date of the broker’s domain.

As we can see, the domain tauracapital.com was registered only on January 11, 2024. This means that the project has only existed for 1.5 months at the time of writing this review. It immediately becomes clear why the company is reluctant to publish information from its history, show its date of creation, or talk about achievements that don’t exist.

At the same time, traders need to understand that the platform is actively attracting clients. Therefore, anyone can receive a call from Tauracapital representatives with offers that are difficult to refuse at any time. However, dealing with these scammers is not advisable.

Implications for Traders

Tauracapital is a project created by scammers with the sole purpose of attracting traders’ money and misappropriating it. This is clearly indicated by operating without legal registration and a license, the inability to create an account online independently, etc. The offers of this pseudo-broker may seem lucrative, but the only outcome of cooperation with the company is the loss of funds. We recommend not depositing funds here.

Strengths and Weaknesses