Capital Trade Consulting has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Capital Trade Consulting found at http://capitaltradeltd.com and http://captradeltd.trade is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The mobile app from Capital Trade Consulting is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Wide product range|Good analytical tools|Helpful community forum|API access
Cons: Withdrawal takes 1-2 business days|No live chat on mobile
Do not use Capital Trade Consulting for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Multi-currency support|Detailed reporting|Fast support response
Cons: No integrated tax optimization
Capital Trade Consulting 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: Regular updates|Intuitive for beginners
Cons: Email notifications too frequent
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Capital Trade Consulting has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I invested $500 with Capital Trade Consulting after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Ontario Securities Commission.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
After for nearly two years with Capital Trade Consulting I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Personal attention|Helpful community forum|Social trading features|Segregated accounts
Cons: Could offer more webinars
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Capital Trade Consulting is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics