Cryptocurrency Exchanges

Dragonfly Capital Fx

1.3 (10 reviews)
🇬🇧 United Kingdom
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1.3
10 reviews
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About Dragonfly Capital Fx

Dragonfly Capital Fx has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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An absolutely appalling service

A
Alice J.
2 weeks ago

Opened my account with Dragonfly Capital Fx through a podcast recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Fast execution|Transparent fees|Excellent charting|Full transparency

Cons: Desktop app not available on Linux

Still fighting for my withdrawal

J
John M.
2 weeks ago

I referred a friend to Dragonfly Capital Fx from a blog post comparing services. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Multiple order types|Social trading features|Easy to use platform|Good analytical tools

Cons: Website design could be more modern|Cannot customize dashboard fully

They blocked me after I invested

K
Karen R.
1 months ago

Tried to withdraw my funds from Dragonfly Capital Fx 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

No sub-accounts

I
Ian C.
4 months ago

I requested my data from Dragonfly Capital Fx 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: Responsive team|Two-factor authentication

Cons: No dark mode on mobile

Bonus terms impossible to meet

S
Steven P.
4 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Dragonfly Capital Fx is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Stable platform|Good analytical tools

Cons: Inactivity fee applies after 12 months

Not worth a single penny

L
Luke H.
5 months ago

I signed up with Dragonfly Capital Fx after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Real-time alerts|Fast support response

Cons: Some tools only available on higher tiers

System failures and silence from support

L
Laura G.
5 months ago

I found Dragonfly Capital Fx after attending a webinar they hosted and the initial impression was positive. But since mid-2025 later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Stable platform|Full transparency|Demo account available

Cons: Slow to add new assets

Manipulative and dishonest

T
Trevor Z.
6 months ago

I joined Dragonfly Capital Fx after a family member had a good experience 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: Competitive fees|Portfolio tracking tools|Helpful community forum|Fast support response

Cons: Cannot customize dashboard fully

Did my research - this is suspicious

M
Mark C.
6 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Dragonfly Capital Fx 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.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database

A total embarrassment of a platform

O
Owen T.
7 months ago

Do not use Dragonfly Capital Fx for anything serious. I used them for over three years 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: Stable platform|Great customer service|Real-time alerts|Tax reports included

Cons: No fractional shares|Limited cryptocurrency options