Global Capital Wealth has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". 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.globalcapitalwealth.com.
Do not believe the bonus offer from Global Capital Wealth. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Instant funding|Good analytical tools
Cons: No dark mode on mobile|No phone support on weekends
After spending for about eight months trying to make Global Capital Wealth 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: Dividend tracking|Easy withdrawals|Two-factor authentication|Multiple order types
Cons: Would like more payment methods|Limited ETF selection
My withdrawal request from Global Capital Wealth 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: Good mobile app|Smooth onboarding|Intuitive for beginners|Automated trading options
Cons: Research section could be deeper
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Global Capital Wealth said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Risk management tools|No hidden fees
Cons: Minimum deposit could be lower
I wanted to transfer my portfolio from another broker to Global Capital Wealth. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Automated trading options|Customizable dashboard
Cons: No fractional shares|Onboarding videos are outdated
I had high hopes for Global Capital Wealth through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Customizable dashboard|High security standards
Cons: Minimum deposit could be lower|Limited cryptocurrency options
Global Capital Wealth locked my account without warning and demanded documents I had already submitted. for close to eighteen months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Low minimum deposit|Intuitive for beginners
Cons: Currency conversion fee exists|No live chat on mobile
The hidden fees at Global Capital Wealth 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: Multi-currency support|Good analytical tools|Tax reports included|Fast deposits
Cons: None so far