Sinclair Capital Management Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44 (0) 203 519 7742, fax +44 (0) 203 070 0811
Addresses: Crown Business Centre Eldon St London England EC2M 7LS UK 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.sinclaircm.com.
Sinclair Capital Management Limited 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|Responsive team
Cons: Nothing significant|Search feature is basic
Sinclair Capital Management Limited had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Intuitive for beginners|Fast execution|Copy trading available
Cons: Would like more payment methods
Do not be fooled by the professional-looking website. Behind the scenes, Sinclair Capital Management Limited is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Low minimum deposit|Excellent charting|API access
Cons: Inactivity fee applies after 12 months
Do not use Sinclair Capital Management Limited for anything serious. I used them for about eight months 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: Transparent fees|Segregated accounts|Helpful community forum
Cons: Slow to add new assets
After using Sinclair Capital Management Limited for roughly four months, 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: Great customer service|Real-time alerts|Regular updates
Cons: Nothing significant