Forex Brokers

Shaw Capital Management

1.6 (12 reviews)
🇦🇺 Australia
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1.6
12 reviews
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About Shaw Capital Management

Shaw Capital Management has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 82 2 398 5852, fax 82 2398 5853

Addresses: 7/F Yeiji Building 641-11 Yeoksam-dong Gangnam-gu Seoul Korea This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.shaw-capital.com.

Customer Reviews

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Tax documents wrong every year

S
Susan V.
2 days ago

Shaw Capital Management 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: Easy to use platform|Responsive team|Wide product range|Economic calendar

Cons: Minimum deposit could be lower

Password reset broken for weeks

C
Christopher T.
1 weeks ago

Shaw Capital Management 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: Regular platform improvements|Regular updates|Fast execution

Cons: Limited social trading features

Same issues as parent brand

M
Mia I.
1 months ago

The onboarding at Shaw Capital Management was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Dedicated account manager|Personal attention|Wide product range|Multi-device support

Cons: Slow to add new assets

Look elsewhere - many better options

L
Leo G.
2 months ago

Customer support at Shaw Capital Management seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Multi-device support|Low minimum deposit|Comprehensive tools|Customizable dashboard

Cons: Nothing significant|Withdrawal takes 1-2 business days

Guaranteed profits - total lie

M
Maya O.
2 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Shaw Capital Management recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Customizable dashboard|Fast deposits|Dedicated account manager|Multi-currency support

Cons: Search feature is basic

They are hiding something

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Leah Z.
2 months ago

I experienced a security concern with my Shaw Capital Management 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: Regular updates|Intuitive for beginners

Cons: Inactivity fee applies after 12 months|Minimum deposit could be lower

Bonus terms impossible to meet

L
Luke A.
4 months ago

I opened an account with Shaw Capital Management for about three months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Regular updates|Tax reports included|Multi-device support

Cons: Nothing significant

Took my money and went silent

M
Marcus W.
5 months ago

I closed a profitable position at Shaw Capital Management and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: API access|Tax reports included

Cons: None so far

Minimum withdrawal amount too high

L
Lily I.
7 months ago

I trusted Shaw Capital Management 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: Reliable uptime|Wide product range

Cons: Alert system is basic|Account statements could be more detailed

Complete waste of time

T
Thomas G.
7 months ago

Shaw Capital Management has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Market news feed|Responsive team

Cons: Could offer more webinars|Some tools only available on higher tiers