Muxcap (muxcap.io) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61272386525, 16472479553, 442046000176
Addresses: Rue de Lyon 911203 Genève Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: client.muxcap.io.
The reporting at Muxcap (muxcap.io) 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: Social trading features|Multiple order types|Transparent fees|Fast execution
Cons: Search feature is basic|Could offer more webinars
Muxcap (muxcap.io) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multi-currency support|Smooth onboarding|Instant funding
Cons: Onboarding videos are outdated|Live chat only during business hours
My withdrawal request from Muxcap (muxcap.io) 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: Easy withdrawals|Portfolio tracking tools
Cons: Some tools only available on higher tiers|Could offer more webinars