NFOCapital (nfo.capital) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61489919720, +33532183934, +447441937490 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: nfo.capital.
Do not use NFOCapital (nfo.capital) for anything serious. I used them since early this year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Smooth onboarding|Multi-device support|Social trading features
Cons: Nothing significant|No dark mode on mobile
I signed up with NFOCapital (nfo.capital) when my bank disappointed me and I searched for alternatives 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: Quick verification|Automated trading options
Cons: Minimum deposit could be lower|Limited social trading features
I wanted to transfer my portfolio from another broker to NFOCapital (nfo.capital). 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: Wide product range|Clear documentation|Economic calendar|Intuitive for beginners
Cons: Research section could be deeper
NFOCapital (nfo.capital) locked my account without warning and demanded documents I had already submitted. for a few weeks now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Portfolio tracking tools|Regular platform improvements|Professional team|Easy to use platform
Cons: No dark mode on mobile|No live chat on mobile
NFOCapital (nfo.capital) 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: Portfolio tracking tools|Tax reports included|Real-time alerts|Comprehensive tools
Cons: Would like more payment methods|Live chat only during business hours