Brokerages

SENcapitals

1.7 (13 reviews)
🇨🇦 Canada
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1.7
13 reviews
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About SENcapitals

SENcapitals has been flagged by Ontario Securities Commission 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.

Customer Reviews

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Forced to accept new fees

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Lindsey G.
1 months ago

I found SENcapitals after hearing about them at a conference and the initial impression was positive. But for about five months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Great customer service|API access|Two-factor authentication|Full transparency

Cons: No integrated tax optimization|Withdrawal takes 1-2 business days

Multi-account management missing

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Brooke L.
2 months ago

Do not be fooled by the professional-looking website. Behind the scenes, SENcapitals is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Two-factor authentication|Tax reports included

Cons: Nothing significant|Limited demo account features

They blocked me after I invested

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Lisa L.
3 months ago

I invested $15,000 with SENcapitals after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Ontario Securities Commission.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Documents rejected repeatedly

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Edward B.
4 months ago

My withdrawal request from SENcapitals 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: Portfolio tracking tools|Full transparency|Tax reports included|Dedicated account manager

Cons: No fractional shares|Charting tools need more indicators

A sinking ship

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Oliver D.
5 months ago

After using SENcapitals since early this year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Dedicated account manager|Customizable dashboard

Cons: Charting tools need more indicators|Withdrawal takes 1-2 business days

The worst platform I have ever used

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Kayla X.
5 months ago

I had high hopes for SENcapitals after my brother mentioned them, 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: Regular updates|Fast execution|Two-factor authentication

Cons: Could offer more webinars|Minimum deposit could be lower

An insult to paying customers

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Charles V.
5 months ago

The so-called education at SENcapitals 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 nearly two years thinking they would help me learn.

Pros: Easy to use platform|Responsive team|Portfolio tracking tools

Cons: Desktop app not available on Linux

They upsell insurance you do not need

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Lisa M.
7 months ago

SENcapitals offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Market news feed|Responsive team|Quick verification

Cons: Search feature is basic

Requotes on every order

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Gavin W.
8 months ago

I joined SENcapitals after attending a webinar they hosted and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Dividend tracking|Market news feed|Great customer service|Fast deposits

Cons: Account statements could be more detailed

Bonus terms impossible to meet

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Frank W.
8 months ago

I experienced a security concern with my SENcapitals account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Copy trading available|Personal attention|Transparent fees

Cons: Account statements could be more detailed|Charting tools need more indicators