Cryptocurrency Exchanges

Stockfx Capitals

1.6 (15 reviews)
🇳🇿 New Zealand
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1.6
15 reviews
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About Stockfx Capitals

Stockfx Capitals has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". 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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Transfer to another broker refused

V
Vanessa G.
1 months ago

Do not believe the bonus offer from Stockfx Capitals. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a friend recommended them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: API access|High security standards|Intuitive for beginners|Automated trading options

Cons: Currency conversion fee exists

No negative balance protection

A
Alex W.
1 months ago

Stockfx Capitals seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Easy to use platform|Real-time alerts

Cons: Wait times can be long during peak hours

Not even close to acceptable

M
Michael S.
1 months ago

My card was charged twice by Stockfx Capitals on the same day. I had to dispute it with my bank. Stockfx Capitals then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Responsive team|Multi-currency support|Competitive fees

Cons: Account statements could be more detailed|No dark mode on mobile

Buyer beware - seriously

L
Luke O.
1 months ago

I wanted to transfer my portfolio from another broker to Stockfx Capitals. 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: Demo account available|Tax reports included

Cons: Website design could be more modern

Account locked for no reason

P
Paul A.
2 months ago

I found Stockfx Capitals after a trusted YouTuber reviewed them and the initial impression was positive. But for the past year and a half 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: Competitive fees|Good analytical tools|Multiple order types

Cons: Limited social trading features|Charting tools need more indicators

Stay far away from this company

E
Elizabeth G.
3 months ago

I want to warn everyone about Stockfx Capitals. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Unresponsive and unhelpful

C
Chloe Z.
3 months ago

I am in a dispute with Stockfx Capitals over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Good mobile app|Regular updates|High security standards

Cons: Help articles are sometimes vague|Spreads widen during volatile periods

No ESG or ethical investing options

M
Mia Z.
7 months ago

Stockfx Capitals has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Reliable uptime|Intuitive for beginners

Cons: No fractional shares|Spreads widen during volatile periods

Password reset broken for weeks

A
Anna D.
7 months ago

The onboarding at Stockfx Capitals 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: Multiple order types|Multi-currency support

Cons: None so far

Broken promises everywhere

J
Jake L.
8 months ago

After for over three years with Stockfx Capitals, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Social trading features|Smooth onboarding

Cons: Inactivity fee applies after 12 months|Could offer more webinars