Asset Cap Management has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +41 43 550 7631
Addresses: Baarerstrasse 6300 Zug Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.assetcapmanagement.ch.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Asset Cap Management recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Low minimum deposit|Clear documentation
Cons: Inactivity fee applies after 12 months|Would like more payment methods
I experienced a security concern with my Asset Cap Management account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Responsive team|Multi-device support|Educational resources
Cons: No dark mode on mobile|Slow to add new assets
KYC with Asset Cap Management is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Demo account available|Multi-currency support|Multi-device support|Helpful community forum
Cons: Spreads widen during volatile periods|Alert system is basic
My withdrawal request from Asset Cap Management has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Transparent fees|Easy to use platform|Wide product range
Cons: No live chat on mobile|Help articles are sometimes vague
Asset Cap Management offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Easy to use platform|Regular updates
Cons: Would like more payment methods|Minimum deposit could be lower
I closed a profitable position at Asset Cap Management and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Excellent charting|Educational resources
Cons: Some tools only available on higher tiers|No crypto staking
I requested my data from Asset Cap Management under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Dividend tracking|Detailed reporting|Regular updates|Two-factor authentication
Cons: Cannot customize dashboard fully
Asset Cap Management advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Intuitive for beginners|High security standards|Economic calendar|No hidden fees
Cons: No fractional shares|Slow to add new assets
The only good thing about Asset Cap Management is that they remind you why regulation matters. I found them through a financial advisor. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Smooth onboarding|Instant funding|Dedicated account manager|Responsive team
Cons: Onboarding videos are outdated|Cannot customize dashboard fully
The reporting at Asset Cap Management is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Personal attention|Good analytical tools
Cons: Withdrawal takes 1-2 business days|Email notifications too frequent