Argus Capital – ARGUSCAPITAL.NET Is a Clown Company

Argus Capital Review Disclaimer: This information is provided solely for warning and alert purposes. It highlights major red flags associated with this suspicious trading platform operating under the domain, “arguscapital.net”. The review is based on my personal experience and publicly available information.

Here’s my honest and comprehensive review of Argus Capital, a dubious entity pretending to offer legitimate financial brokerage services.

Why Argus Capital Is a Scam

Argus Capital doesn’t charge a commission. In addition to that, they offer reasonable leverage levels, just like a legitimate broker. On top of that, they provide demo trading unconditionally, just the same way as a real broker.

How then is this broker a fraudster?

Well, the reasons that I’m about to cite will completely open your eyes to see through its deceptive schemes. 

1. The Use Of Clowning Tactics

Upon doing investigations, I discovered that there’s another company with almost similar name.

 Argus Capital Corp is located in New York, USA. In case you’re wondering, it’s legit, SEC-registered, and generally specializes in acquiring other businesses.  

Many unsuspecting traders would have trouble distinguishing between these two entities one of which is a scam.

When you look up “Argus Capital” on the SEC.Gov’s public register, it retrieves “Argus Capital Corp”

Consequently, you might mistakenly interpret that the scam broker is SEC-registered. The scammer fools investors with a name shared by several legitimate companies. 

2.  Broker Is Unregistered and Unregulated 

Arguscapital.net lists 1 Finsbury Square, London EC2A 1AE, United Kingdom as the company’s physical address. However, it doesn’t reveal the company’s registration and regulation details, implying that it’s unregistered and unregulated. 

After all, if the broker was regulatory compliant, it would have displayed this information since the law requires it.

Any broker that claims to be in the UK, but is not registered with the UK’s FCA is not authentic. I looked it up on the FCA website to no avail, a sign that it’s a scam. 

3. Negative Argus Capital Reviews and Feedback On Scamadviser

Besides, I also looked up the broker on Scamadviser, and I noticed that the scam checker website gave it a low trust rating (1/100), even warning that caution is needed. According to scamadviser.com, the web hosting company that hosts arguscapital.net also hosts many spam and scam websites. 

The second red flag was that most reviews of the broker were negative.

The second negative review on Scamadviser reports that the broker may let you withdraw your profits once or twice to win your trust. Thereafter, they would demand some unexplained taxes. If you fail to pay those taxes, you’ll be unable to withdraw your profits.  The positive review, on the other hand, might have been written by a trader who had not lost their money yet. 

4. Argus Capital Feedback Is Terrible On Trustpilot

Besides Scamadviser, I also looked it up on Trustpilot. Notably, all three reviews on this second scam checker website were negative, as shown in the screenshots below:

Please note that negative reviews can be an indication of many things regarding a company. These may include misleading advertising. Like other scam brokers, Argus Capital falsely advertises itself as a broker when it’s nothing but a proven scam.  

5. No Single Argus Capital Review On Sitejabber

Besides Trustpilot, I went the extra mile to search for this broker on Sitejabber. However, I could not find a single review on this alternative scam checker website. What does that mean?

It could indicate many things, for example, that the broker might be deleting reviews. Remember that sitejabber.com allows businesses to take down reviews. Speaking of which, a trading broker is more likely to do that if they receive bad reviews. Yet scammers receive mostly negative reviews. 

6. No Single Review On Social Media

Similarly, I took my probe to social media, where I looked up the broker on Facebook, LinkedIn, and Reddit. Facebook did not have anything about the broker. This is a very similar case to other scams that I’ve exposed on this blog, including Frostwin, Fxonic, and Zertom.

Meanwhile, LinkedIn had a few companies with almost this similar name as you can see in the screenshot below:

As you can see, none of those companies were even remotely related to what I was looking for. 

The outcome was the same when I searched for Argus on Reddit. Again, it returned a few companies, all having this name but completely unrelated to the one I was looking for.  On top of that, I found a negative review that suggests that this broker is dubious.

I could say the same for Argus Capital with regard to YouTube. The video-sharing platform did not have any videos about the Argus Capital broker, which I found strange. 

Could this scammer be asking YouTube to pull down videos about it? Remember that a broker can easily copyright their name or brand. That means if someone posts anything about it without their authorization, the broker can ask YouTube to pull down the video. 

Final Verdict

The Argus Capital broker is a scam.

Even though they might seem more persuasive than other brokers, given that they supposedly don’t charge a commission or fee, avoid them like the plague. Many of those who entrusted their hard-earned money to this broker, simply because of that lost their funds.

While the broker’s minimum deposit is as reasonable(i.e. $250) as that of a legit broker, don’t let that fool you into trusting it.

I hope this honest review helps keep you away from this fraudster.

Report A Scam

Have you fallen victim to a scammer? Go to this page, or email scamread@scamreader.info to report the scam and seek help. Until my next scam alert, stay informed and protect your hard-earned investment by avoiding scam brokers.