FP Capitals (fpcapitals.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61290716280 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fpcapitals.com.
My withdrawal from FP Capitals (fpcapitals.com) 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. for about ten months of being strung along.
Pros: Detailed reporting|API access|Excellent charting|Transparent fees
Cons: Email notifications too frequent
After spending for about five months trying to make FP Capitals (fpcapitals.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Professional team|Good mobile app|Regular platform improvements
Cons: No crypto staking
I gave FP Capitals (fpcapitals.com) a fair chance. After for about eight months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Market news feed|Low minimum deposit|Responsive team|Instant funding
Cons: Nothing significant
FP Capitals (fpcapitals.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Fast execution|Copy trading available|Good mobile app
Cons: Inactivity fee applies after 12 months
I referred a friend to FP Capitals (fpcapitals.com) through a financial advisor. 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: Demo account available|Excellent charting|Easy to use platform
Cons: Live chat only during business hours
I lost a significant amount because FP Capitals (fpcapitals.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Social trading features|No hidden fees|Good analytical tools|Transparent fees
Cons: Desktop app not available on Linux|Limited social trading features
I trusted FP Capitals (fpcapitals.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Stable platform|Portfolio tracking tools|Fast execution|Regular updates
Cons: Limited demo account features|Spreads widen during volatile periods
I signed up with FP Capitals (fpcapitals.com) after doing extensive research 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: Full transparency|Professional team|Two-factor authentication|Economic calendar
Cons: Search feature is basic|Inactivity fee applies after 12 months
I closed a profitable position at FP Capitals (fpcapitals.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Easy withdrawals|Low minimum deposit|Clear documentation
Cons: No phone support on weekends
My card was charged twice by FP Capitals (fpcapitals.com) on the same day. I had to dispute it with my bank. FP Capitals (fpcapitals.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Tax reports included|Comprehensive tools|Easy to use platform
Cons: None so far