EGS Capital Limited

Hello everyone, I am not a trader, so I cannot judge completely objectively. I am involved in traffic arbitrage, so I attract clients to the project, and the company pays me for it. So, as part of my job, I can easily tell the difference between scammers and non-scammers, and it’s pretty easy to do. Scammers usually pay you a fixed amount for bringing in a customer. Let’s say 50% of the first deposit and 25% of each subsequent deposit. However, Egs Capital Limited pays its partners according to a completely different scheme. For example, I don’t get a cent from client account deposits; instead, I get paid for client trading volumes, i.e., it is profitable for the company when clients earn money and make a large turnover of transactions — and I get a commission from this. I believe that this is how REAL brokers should work! And here are the final statistics: none of the referrals I attracted went bankrupt on egscap.com, everyone is doing well, and I hardly have to spend any money on advertising campaigns, as the broker has effectively made my income completely passive. And I think that’s awesome!!! In short, if you are looking for an HONEST broker, try Egs Capital Limited!

For almost every order, the spreads change after it is placed, and sometimes even after clicking the “take profit” button. And how do you like the virus-infected version of the terminal, which only a cryptographer would install on a computer? In general, it’s a real hell. As a result, I barely managed to withdraw the remaining $2k out of the $8k deposited into the account, even though I traded with other brokers as well, and the quotes were exactly the same — only here did I end up in the red. Also, forget about scalping on egscap.com. Just follow the trends with high leverage, and then they will most likely take so much money from you that you will quickly fly out of the market due to margin requirements. In general, I do not recommend EGS Capital Limited to anyone!

I got acquainted with this terrible broker, there is nothing worse than it. Very poor customer service, very high spreads on egscap.com. That’s why you’ll never be able to withdraw your money 🙁 On top of that, you’ll only hear lies from the financial advisor. The most upsetting thing is that I persuaded my friends to invest in this company, and now I feel even more insulted. Please do not trust EGS CAPITAL LIMITED if you value your money. I recommend that you delete your account and request a withdrawal as soon as possible, rather than waiting until you lose your money.

Although EGS CAPITAL LIMITED positions itself as an elite broker, here, as in other similar places, there is manipulation of the trading platform. If a trader starts to make a profit, requotes appear and the spread increases to the maximum on egscap.com. In addition, during profitable trading, the platform loses a lot of speed. Nevertheless, this company pays out funds, but the process takes a long time…

I found a broker that is more or less legitimate in my opinion, but that’s no guarantee of quality. Since I rarely communicate with customer support, and the guys there can’t tell stocks from bonds. They work exclusively as an information call center. Therefore, the consultants are in no hurry to help you, they cannot give advice on setting up functionality, as they are incompetent! Well, I would also note a disadvantage for myself – withdrawing funds takes 3-5 days to any card or wallet.

When analyzing the broker’s services, I identified significant shortcomings in their swap system. Swap rates turned out to be so high for long-term positions on EUR/USD that any potential profit was negated by these costs. As a result, my losses due to unreasonably high swaps amounted to more than $1,400 per month. Finally, my attempts to communicate with the broker’s representatives did not lead to any changes, and I only received formal replies.