Broker Review

Unauthorised firm details

Name: MagentaCapital.cl

Website: www.magentaCapital.cl

Magenta Capital claims to offer investment management services, automated tools, and partnerships with established financial institutions. Their website promotes solutions like AI-based portfolio management, access to Swiss-banked accounts, and the idea of international investment income.

However, multiple reliable sources and regulatory bodies have raised strong concerns: Chile’s Financial Market Commission (CMF) officially warns that Magenta Capital is not supervised and not authorized to provide financial services within Chile. Broker safety analysts also flag the broker as untrustworthy due to lack of regulation by top-tier financial authorities. Scamadviser reports a low trust score, citing few site visitors and several negative complaints, while Reddit threads include stories of investors losing large sums and being unable to withdraw funds. Legal investigations against its leadership have also been made over allegations of fraud and misappropriation.

If you are considering investing with MagentaCapital.cl, exercise extreme caution. Key steps include verifying any claimed regulation, demanding full transparency (contracts, company registration, proof of bank relationships), and using small test amounts first. Before placing significant funds, you might also want to consult with investor protection bodies or legal advisors. The combination of official regulatory warnings plus multiple user loss reports makes MagentaCapital.cl a high-risk proposition.