Want to Trade with Sova Capital Limited? Read This First!

Sova Capital Limited is an example of a broker that we come across that didn’t start as a fraud. However, that doesn’t mean you should trade with Sova Capital Limited. Why? The FCA has flagged this broker as insolvent. It is now under Special Administration, which means that the broker has lost certain privileges because of its financial situation. Sounds like more trouble than it’s worth? It is. 

Is Sova Capital Limited a Scam or Legitimate? 

Sova Capital Limited didn’t necessarily do anything dodgy. We don’t have any additional information on why it became insolvent. Someday, this broker may emerge from its difficult situation and become a reliable broker once again. However, don’t trade with Sova Capital Limited until the FCA has determined that it can manage money again. 

We Found Problems with Sova Capital Limited: 

Sova Capital Limited’s financial problems should cause you to cross it off your list. This should demonstrate the importance of looking beyond a license and ensuring even regulated brokers are in a stable financial position. 

What You Should Do If You Have an Account with Sova Capital Limited

If you currently hold an account with Sova Capital Limited, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!