What is World Capital Development Brokerage？
World Capital Development Brokerage is a brokerage registered in Iran. Currently, this broker is not regulated by any other external authority.
Pros & Cons
Cons:
While the official website isn't readily available, when it was, users reported slow load times, making it inefficient for clients to navigate and obtain necessary information.
The firm operates as a non-regulated entity, meaning it's not supervised by any recognized financial regulatory bodies, posing potential risks to investors.
The firm's services and support seem to be limited to the Persian language, limiting accessibility for non-Persian-speaking clients.
Limited information is presented on the official website, which can be a hurdle for users who are willing to conduct a research.
Is World Capital Development Brokerage Safe or Scam？
World Capital Development Brokerage, operates as a non-regulated entity. This means that it is not under the oversight or supervision of any recognized financial regulatory bodies. This can be a serious concern, as the regulations enforced by these bodies are designed to protect investors by ensuring transparency, accountability, and the security of funds.
Furthermore, investors should also be aware of the added challenge with World Capital Development Brokerage where language barriers might exist, as services and support are provided in Persian only. In a circumstance where an issue may arise, this could significantly complicate communication and resolution.
Conclusion
World Capital Development Brokerage offers little assurance due to its non-regulation and the bad-working of its official website. The company exclusively offers support in the Persian language, which significantly limits its potential user base. The slow loading of its official website (when it was available) also denotes a subpar user experience. We do not recommend you to trade with this broker.
Frequently Asked Questions (FAQs)
Q: Is World Capital Development Brokerage a regulated entity？
A: No, World Capital Development Brokerage is non-regulated.
Q: What kind of customer support does World Capital Development Brokerage provide？
A: The firm provides customer support via email at info@tsd-broker.com.
Q: Which language is supported by World Capital Development Brokerage？
A: Persian is the only language supported by World Capital Development Brokerage.
Q: Is there any risk of investing with World Capital Development Brokerage？
A: Yes, its non-regulated status implies possible risks including lack of transparency, lack of supervision, and security of your investment among others.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
