Sfcap (sfcap.io) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: sfcap.io.
The mobile app from Sfcap (sfcap.io) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Fast deposits|Helpful community forum
Cons: Nothing significant
I trusted Sfcap (sfcap.io) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast support response|Segregated accounts|Dedicated account manager|Wide product range
Cons: Desktop app not available on Linux|Limited social trading features
The hidden fees at Sfcap (sfcap.io) 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: Segregated accounts|Clean UI|Stable platform
Cons: Currency conversion fee exists|Limited demo account features
I experienced a security concern with my Sfcap (sfcap.io) 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: No hidden fees|Automated trading options|Quick verification
Cons: Currency conversion fee exists
After for the past six months with Sfcap (sfcap.io) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Great customer service|Automated trading options
Cons: Minimum deposit could be lower
After spending since I opened my account last year trying to make Sfcap (sfcap.io) 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: Dividend tracking|No hidden fees|API access|Excellent charting
Cons: No dark mode on mobile
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. Sfcap (sfcap.io) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Real-time alerts|Transparent fees
Cons: Research section could be deeper|No fractional shares
The spread at Sfcap (sfcap.io) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: API access|Demo account available|High security standards|Full transparency
Cons: Limited cryptocurrency options|Live chat only during business hours
My withdrawal from Sfcap (sfcap.io) 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. since I retired last year of being strung along.
Pros: Professional team|Regular updates|Dedicated account manager
Cons: Limited ETF selection|Would like more payment methods
I joined Sfcap (sfcap.io) after a family member had a good experience 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: Clean UI|Comprehensive tools
Cons: Cannot customize dashboard fully