Cover Capital Partners has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 1722 John F Kennedy Blvd Philadelphia PA 19103 USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: covercp.com.
I joined Cover Capital Partners after my brother mentioned them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Risk management tools|Easy to use platform|High security standards|Educational resources
Cons: Live chat only during business hours
After for the past year and a half with Cover Capital Partners 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: Multiple order types|Educational resources|Full transparency|Instant funding
Cons: Charting tools need more indicators|Cannot customize dashboard fully
The so-called education at Cover Capital Partners 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 nearly two years thinking they would help me learn.
Pros: Detailed reporting|Excellent charting|Regular updates
Cons: No crypto staking
After using Cover Capital Partners since mid-2025, 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: Two-factor authentication|Economic calendar|Quick verification
Cons: Alert system is basic|Wish they had more educational resources
I requested my data from Cover Capital Partners under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Detailed reporting|Copy trading available|Stable platform
Cons: Limited demo account features