Capitaldiscoveries (capitaldiscoveries.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 10 Fenchurch Ave London EC3M 5BN United Kingdom 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.capitaldiscoveries.com.
The so-called education at Capitaldiscoveries (capitaldiscoveries.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for roughly four months thinking they would help me learn.
Pros: Educational resources|Wide product range|Reliable uptime
Cons: Search feature is basic|Could offer more webinars
The only good thing about Capitaldiscoveries (capitaldiscoveries.com) 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: Tax reports included|Fast deposits
Cons: Slow to add new assets
The hidden fees at Capitaldiscoveries (capitaldiscoveries.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Demo account available|Multi-currency support
Cons: Wait times can be long during peak hours
I am in a dispute with Capitaldiscoveries (capitaldiscoveries.com) 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: Clean UI|Regular platform improvements|Automated trading options|Competitive fees
Cons: No phone support on weekends