Macrocapital has been flagged by Financial Supervisory 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.
If you are reading this considering Macrocapital - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: API access|Full transparency
Cons: Charting tools need more indicators|Account statements could be more detailed
I gave Macrocapital a fair chance. After for nearly two years 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: Wide product range|Stable platform|Fast execution
Cons: Would like more payment methods|Wait times can be long during peak hours
Macrocapital seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Two-factor authentication|Educational resources|Personal attention|Economic calendar
Cons: Wish they had more educational resources|No integrated tax optimization
The spread at Macrocapital is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after reading several online reviews and initially thought the platform was good - until I started trading seriously.
Pros: Professional team|Helpful community forum|Multiple order types|Copy trading available
Cons: No integrated tax optimization
The hidden fees at Macrocapital 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: Two-factor authentication|Fast support response|Educational resources|Multi-currency support
Cons: Inactivity fee applies after 12 months|Limited cryptocurrency options
Do not believe the bonus offer from Macrocapital. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a forum discussion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Great customer service|High security standards|Multi-device support|No hidden fees
Cons: No phone support on weekends|Slow to add new assets
Tried to withdraw my funds from Macrocapital 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.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The only good thing about Macrocapital is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Professional team|Smooth onboarding
Cons: Limited ETF selection
Several red flags with Macrocapital: (1) They promise unrealistically high returns, (2) They're not registered with Financial Supervisory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Supervisory Authority|Cannot verify credentials
After spending for about eight months trying to make Macrocapital 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: Helpful community forum|Fast deposits|Risk management tools|Competitive fees
Cons: Desktop app not available on Linux|Withdrawal takes 1-2 business days