Synergy Capital (synergycpt.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: NSW 2000, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: synergycpt.com.
My withdrawal from Synergy Capital (synergycpt.com) 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. for over a year of being strung along.
Pros: Multi-device support|Automated trading options
Cons: Website design could be more modern|Search feature is basic
After spending for a couple of months now trying to make Synergy Capital (synergycpt.com) 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: Regular platform improvements|Economic calendar
Cons: Nothing significant|Some tools only available on higher tiers
Do not be fooled by the professional-looking website. Behind the scenes, Synergy Capital (synergycpt.com) is disorganized and incompetent. I found them after a trusted YouTuber reviewed them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Clear documentation|Economic calendar|Fast deposits
Cons: Would like more payment methods|Wish they had more educational resources
Synergy Capital (synergycpt.com) 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: Competitive fees|Economic calendar|Low minimum deposit
Cons: Currency conversion fee exists|Email notifications too frequent
The hidden fees at Synergy Capital (synergycpt.com) 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: Wide product range|Portfolio tracking tools|Clean UI
Cons: No phone support on weekends