Search

Capital Trade Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

Capital Trade Broker Review

1.40

WikiFX monitor

Business

Influence E

License

No license

Capital Trade Review 1

Latest All(1) Exposure(1)
Exposure
Capitalix Scam (https://www.capitalix.com/)

In October 2023 I started investing for the first time in Capitalix, as I was just beginning to learn, I only invested the minimum they required of me to open the account, which was $200, then they told me that if I wanted to obtain 20% profit on what I invested I had to invest $2,500, then they invited me to webinar and sessions where they sent you to call your advisor to tell you how to continue investing and I never saw the profit offered, during the following weeks my manager told me as always what I should invest in, Only when they realized that I was not investing more and that what I was doing was withdrawing (I managed to recover only $600, this year they made me invest in positions from the beginning that were negative and that they left me with no free available balance, at the pace of the days they informed me that something had happened in the market and that they had to close the account and that if I did not deposit $600 the account and my money would not be recovered. Of course, I did not invest more but now when I entered the account I had nothing and the positions were all closed and those thieves kept my money.

Mery6825
2024-01-25

  

Capital Trade 2025 Review: Everything You Need to Know

  Summary: The overall evaluation of Capital Trade is largely negative, with multiple sources highlighting its unregulated status and poor user experiences. Key findings indicate that it lacks proper oversight, which raises significant concerns regarding the safety of client funds and withdrawal difficulties.

  Note: It is important to recognize the discrepancies among different entities operating under the Capital Trade name, as this can affect user experience and trustworthiness. The review was conducted using a comprehensive approach to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2
Regulatory Compliance 1

  How We Rated the Broker: Ratings are based on a synthesis of user experiences, expert opinions, and factual data from various sources.

  

Broker Overview

  Capital Trade, purportedly established in the early 2020s, positions itself as a forex broker offering a range of financial instruments including forex, indices, commodities, cryptocurrencies, and stocks. The platform operates primarily on the MT4 trading platform, which is widely recognized in the trading community. However, the broker's regulatory status remains a significant concern, as it is not overseen by any reputable financial authority, leading to questions about the safety of client funds and overall legitimacy.

  

Detailed Analysis

  

Regulatory Status

  Capital Trade operates without any recognized regulatory oversight, which is a major red flag for potential investors. According to multiple sources, including the FCA (Financial Conduct Authority), Capital Trade is unregistered and has been flagged for fraudulent activities. This lack of regulation means that clients have no protection in case of disputes or financial losses, which is a critical factor to consider when evaluating any broker.

  

Deposit/Withdrawal Options

  Capital Trade reportedly allows deposits and withdrawals in various currencies, but specific details about supported cryptocurrencies are scarce. The minimum deposit requirement is noted to be around €5,000 for the basic account type, which is relatively high compared to other brokers. Users have reported significant difficulties when attempting to withdraw funds, often citing delays or outright refusals, which further compounds concerns about the broker's reliability.

  

Bonuses/Promotions

  There is little information available regarding any bonuses or promotional offers from Capital Trade. Most reviews indicate a lack of transparency in this area, which is typical for unregulated brokers. The absence of attractive promotions can be seen as a disadvantage, especially when compared to competitors who frequently offer bonuses to attract new clients.

  

Asset Classes

  Capital Trade claims to offer a diverse range of tradable assets, including forex pairs, commodities, stocks, and cryptocurrencies. However, the lack of regulatory oversight raises questions about the authenticity of these offerings. Many users have expressed skepticism about the actual availability of these assets, as well as the quality of the trading environment provided.

  

Costs (Spreads, Fees, Commissions)

  The cost structure at Capital Trade is not well-defined. While some sources suggest that spreads can be as low as 0.5 pips, others indicate that the spreads may vary significantly depending on market conditions. Users have also reported hidden fees and unclear commission structures, which are common complaints associated with unregulated brokers.

  

Leverage

  Capital Trade offers leverage of up to 200:1, which can be appealing for traders looking to maximize their potential returns. However, high leverage also introduces significant risks, particularly for inexperienced traders. The lack of regulatory oversight means that there are no safeguards in place to protect clients from the dangers of high-leverage trading.

  

Trading Platforms Allowed

  The primary trading platform offered by Capital Trade is MT4, known for its user-friendly interface and robust features. However, the absence of other platforms, such as MT5, limits options for traders who may prefer different trading environments. Users have expressed mixed feelings about the platform's performance, with some noting issues with execution speed and reliability.

  

Restricted Regions

  Capital Trade appears to target a global audience, but its lack of regulation raises concerns about its operations in various jurisdictions. Users from regions with stringent regulatory requirements may find themselves unable to open accounts or face challenges when attempting to withdraw funds.

  

Customer Support Languages

  The customer support options for Capital Trade are limited, with many users reporting poor experiences when attempting to reach out for assistance. The absence of a dedicated support team and unclear contact information contribute to the overall negative perception of the broker.

  

Final Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2
Regulatory Compliance 1

  

Detailed Breakdown

  • Account Conditions: The high minimum deposit requirement and lack of transparency in account types contribute to a low score.
  • Tools and Resources: Limited educational resources and tools available for traders result in a below-average rating.
  • Customer Service and Support: Numerous complaints about poor customer service and lack of timely responses lead to a low score.
  • Trading Setup (Experience): User experiences vary, but issues with execution and reliability detract from the overall trading experience.
  • Trustworthiness: The absence of regulatory oversight and multiple warnings from authorities lead to a very low trust score.
  • User Experience: Overall, user experiences have been largely negative, with many citing withdrawal issues and lack of support.
  •   In conclusion, the Capital Trade review highlights significant concerns regarding the broker's reliability, regulatory status, and user experiences. Potential investors are strongly advised to exercise caution and consider alternative, regulated brokers for their trading needs.

Capital Trade review