Thrivecapital Ltd (thrivecapital.ltd) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for the past six months with Thrivecapital Ltd (thrivecapital.ltd), 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: Professional team|Multi-currency support|Copy trading available
Cons: No phone support on weekends|Minimum deposit could be lower
I closed a profitable position at Thrivecapital Ltd (thrivecapital.ltd) 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: Dedicated account manager|Excellent charting
Cons: Account statements could be more detailed|No fractional shares
I want to warn everyone about Thrivecapital Ltd (thrivecapital.ltd). They have been flagged by Australian Securities and Investments Commission 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.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I was about to invest with Thrivecapital Ltd (thrivecapital.ltd) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
Customer support at Thrivecapital Ltd (thrivecapital.ltd) 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: Stable platform|Intuitive for beginners
Cons: Some tools only available on higher tiers
The reporting at Thrivecapital Ltd (thrivecapital.ltd) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Transparent fees|Real-time alerts|Instant funding|Personal attention
Cons: Research section could be deeper
KYC with Thrivecapital Ltd (thrivecapital.ltd) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Competitive fees|Helpful community forum|Great customer service|Fast deposits
Cons: Limited social trading features
I invested $10,000 with Thrivecapital Ltd (thrivecapital.ltd) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Australian Securities and Investments Commission.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
If you are reading this considering Thrivecapital Ltd (thrivecapital.ltd) - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for the past year and a half has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Full transparency|Comprehensive tools
Cons: Minimum deposit could be lower|Wait times can be long during peak hours
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status