Capital Trader has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 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.capital-trader.net.
The mobile app from Capital Trader 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: Risk management tools|Quick verification|Regular platform improvements|No hidden fees
Cons: Email notifications too frequent|Mobile app could be improved
Capital Trader locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast deposits|Multi-device support|Automated trading options
Cons: Currency conversion fee exists
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Capital Trader said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Fast execution|Competitive fees
Cons: Minor UI glitches occasionally|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 Trader 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: Flagged by Financial Conduct Authority|Cannot verify credentials
The spread at Capital Trader is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after seeing their ad online and initially thought the platform was good - until I started trading seriously.
Pros: Segregated accounts|Reliable uptime|Economic calendar|Multi-device support
Cons: No crypto staking
I am in a dispute with Capital Trader over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Great customer service|Customizable dashboard|Fast support response|Clean UI
Cons: No crypto staking|Limited cryptocurrency options
Tried to withdraw my funds from Capital Trader and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
For anyone considering Capital Trader, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
After using Capital Trader for the past year and a half, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Fast deposits|Economic calendar|Automated trading options
Cons: No integrated tax optimization|Inactivity fee applies after 12 months
I was contacted by Capital Trader through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: No regulatory oversight|Money disappeared|Fake testimonials