Surcaptrading

Has anyone heard of Surcaptrading? I saw an ad on facebook and clicked on it.
300GBP for the demo simulation and 100k$ backing after. ARe they legit?
Has anyone traded with them?

Perhaps I'm being paranoid, but I smell a pyramid/ cycling scheme. Everyone deposits 300 pounds (i think) with them and starts demo trading. then they slowly use that capital to finance those that pass. keeping 30% of the profit and then they pretty much slowly payout back the 300 pounds for those that fail. in essence, this is quite profitable for them as even when you are trading with company capital, you are limited to a DD of 2% to 5%, or as they claim 'negotiable' to 10%-ish. Based on the conditions of 4% return with such a tight DD (IMO), most ppl aren't gonna make it so they borrow your money then return it to you like 25 days later...very clever.

Also, with Forex, you don't hear as many reviews as with other businesses so how do we know that they aren't just going to keep the 300 pounds while you waste all this time demoing and they just completely cut contact with you?

Now, their address is:

22 Hanover Square Mayfair

If you Google Maps it, it says it is stationed in South Africa. Now how many people live in South Africa that can afford to trade Forex?!?!?! Chances are virtually no one will visit their office and do background checks on them.

I think you're right about them cycling money from the guys that fail into the trading. For someone who passes though. They would get their 300 gbp back right and have an account to trade risk free.

22 Hanover Square Mayfair is in London. Well I hope it's not based in South Africa, then it would most likely be a scam.

I think business is business at the end of the day and they would need to make money.

Well I hope so too, hopefully someone from London can check up on their physical office and get a better idea of a face to face chat with the owner. But Google Maps is showing up as South Africa for me, specifically Johannesburg 2108, South Africa.