TM Capital Corp / Thomson McKinnon Capital Corp has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 212 801 2392
Addresses: 30th Floor 641 Lexington Avenue New York N.Y. 10022 US 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.tm-capcorp.com.
The only good thing about TM Capital Corp / Thomson McKinnon Capital Corp is that they remind you why regulation matters. I found them after my brother mentioned them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Intuitive for beginners|Transparent fees|Educational resources|Good analytical tools
Cons: Minor UI glitches occasionally|Wait times can be long during peak hours
The mobile app from TM Capital Corp / Thomson McKinnon Capital Corp is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Helpful community forum|Smooth onboarding|Multi-device support|Dividend tracking
Cons: No dark mode on mobile
I requested my data from TM Capital Corp / Thomson McKinnon Capital Corp under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Customizable dashboard|Professional team
Cons: Could offer more webinars
TM Capital Corp / Thomson McKinnon Capital Corp 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: Clear documentation|Tax reports included
Cons: Desktop app not available on Linux|Nothing significant
TM Capital Corp / Thomson McKinnon Capital Corp 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: Smooth onboarding|Good mobile app|Market news feed|Personal attention
Cons: Mobile app could be improved
I signed up with TM Capital Corp / Thomson McKinnon Capital Corp after reading several online reviews and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Economic calendar|Clear documentation
Cons: No phone support on weekends|Withdrawal takes 1-2 business days
The platform at TM Capital Corp / Thomson McKinnon Capital Corp is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Fast support response|No hidden fees
Cons: Email notifications too frequent
I found TM Capital Corp / Thomson McKinnon Capital Corp when my bank disappointed me and I searched for alternatives and the initial impression was positive. But for a couple of months now 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: Good analytical tools|Customizable dashboard|Market news feed|Multi-device support
Cons: Website design could be more modern
My card was charged twice by TM Capital Corp / Thomson McKinnon Capital Corp on the same day. I had to dispute it with my bank. TM Capital Corp / Thomson McKinnon Capital Corp 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: Easy withdrawals|Educational resources|Automated trading options
Cons: No phone support on weekends
The reporting at TM Capital Corp / Thomson McKinnon Capital Corp 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: Full transparency|API access|Good analytical tools
Cons: Mobile app could be improved|Some tools only available on higher tiers