Caddington Limited has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". We are aware of an entity named Caddington Limited contacting New Zealand residents and offering investment opportunities in a pre-IPO (Initial Public Offering) from a company named Revolut.
Revolut has confirmed that the offer is not legitimate.
Caddington Limited has also published online art... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Caddington Limited seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Stable platform|High security standards|API access
Cons: No fractional shares
I had high hopes for Caddington Limited when my bank disappointed me and I searched for alternatives, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multiple order types|Clear documentation|Reliable uptime
Cons: Live chat only during business hours|Limited social trading features
Caddington Limited 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: Comprehensive tools|Excellent charting|Low minimum deposit
Cons: Live chat only during business hours|Would like more payment methods