Urbancapitale has been flagged by Financial Conduct Authority 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. Website domain: Urbancapitale.
Do not believe the bonus offer from Urbancapitale. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited when my bank disappointed me and I searched for alternatives and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Customizable dashboard|Intuitive for beginners|Detailed reporting
Cons: Cannot customize dashboard fully|No fractional shares
I closed a profitable position at Urbancapitale 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: Competitive fees|Easy to use platform|Reliable uptime
Cons: Limited demo account features|No live chat on mobile