Do You Want to Open an Account with Sova Capital Limited? Read This First! 

Sova Capital Limited is actually a regulated broker that may have provided reliable services at one time. However, it has been flagged by the FCA not because it’s a fraud, but because it’s insolvent. Sova Capital Limited has been placed under Special Administration, which is undergoing financial organization. When it recovers, it might once again offer trading services. 

This is What We Found Out About Sova Capital Limited

Sova Capital Limited is an important example of why you should research brokers carefully before opening an account. This means looking not just for a top-notch license, but to look at their financials to ensure they are financially healthy.  If a broker is not doing well financially, don’t trust your funds with them, no matter how solid their license. Things can change and you should find the most updated broker information you can.

Some brokers are unlicensed and are obvious scams, but those aren’t the only reasons to avoid a broker. Checking the financial health of a broker before signing up will keep your money safe. 

Lost Money with Sova Capital Limited? Contact Our Team

If you’ve lost money with Sova Capital Limited speak to CryptoScamBrokers immediately. Our team understands how to deal with broker scams and will take steps to locate your funds, whether they were lost through credit card or cryptocurrency transactions. Our intelligence reports help authorities launch their own investigation and can increase your chances of a successful claim.