GN Capital Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +61-288-800-200, fax +44-203-808-8842 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.pwrtrade.com.
I had high hopes for GN Capital Ltd when my bank disappointed me and I searched for alternatives, 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: Wide product range|High security standards|Multi-device support
Cons: Charting tools need more indicators|Currency conversion fee exists
The reporting at GN Capital Ltd is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Comprehensive tools|Full transparency|Reliable uptime|Excellent charting
Cons: Nothing significant
My withdrawal from GN Capital Ltd 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 eight months of being strung along.
Pros: Demo account available|Helpful community forum|Clean UI|Easy withdrawals
Cons: Minor UI glitches occasionally|Website design could be more modern
I am in a dispute with GN Capital Ltd over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Dedicated account manager|Competitive fees|Wide product range|Risk management tools
Cons: No crypto staking|Minor UI glitches occasionally
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. GN Capital Ltd said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Social trading features|Responsive team|No hidden fees|Regular updates
Cons: No crypto staking|Some tools only available on higher tiers
GN Capital Ltd had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Automated trading options|Educational resources|Fast execution
Cons: No live chat on mobile|No dark mode on mobile
If you are reading this considering GN Capital Ltd - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Helpful community forum|Social trading features
Cons: No dark mode on mobile
KYC with GN Capital Ltd is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Multi-device support|Transparent fees|Fast deposits|Responsive team
Cons: No integrated tax optimization
The so-called education at GN Capital Ltd 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 a couple of months now thinking they would help me learn.
Pros: Educational resources|Customizable dashboard
Cons: Spreads widen during volatile periods
Opened my account with GN Capital Ltd through a forum discussion 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: Educational resources|Responsive team|Competitive fees|Real-time alerts
Cons: Research section could be deeper