CapitalsXPlus has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". We are concerned that CapitalsXPlus and its website may be operating a scam and withholding investor funds.
The CapitalsXPlus website offers investment plans and falsely claims to be based in New Zealand. CapitalsXPlus is not registered to provide financial services in New Zealand.
The Capit... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal request from CapitalsXPlus 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: Social trading features|Regular updates|Tax reports included
Cons: Spreads widen during volatile periods|Limited cryptocurrency options
Tried to withdraw my funds from CapitalsXPlus 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.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that CapitalsXPlus 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: Not registered with regulators|Unrealistic promises
My withdrawal from CapitalsXPlus was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I retired last year of being strung along.
Pros: Transparent fees|Automated trading options|Demo account available|Multi-device support
Cons: Email notifications too frequent
The hidden fees at CapitalsXPlus 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: Easy withdrawals|Wide product range
Cons: Charting tools need more indicators