Forex Brokers

Westcore Capital Limited

1.4 (11 reviews)
🇦🇺 Australia
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1.4
11 reviews
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About Westcore Capital Limited

Westcore Capital Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 35 22 030 990, fax 41 22 545 75 60

Addresses: 6 Rue Grand Luxembourg LuxembourG L-160 (Luxenbourg Office); Boulevard des Philosophes Geneva Switzerland (Geneva Office) 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.westcorecapital.com.

Customer Reviews

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Data breach and they did not notify us

H
Hannah W.
4 days ago

I signed up with Westcore Capital Limited while looking for alternatives to my previous provider 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: Dividend tracking|Regular platform improvements|Low minimum deposit

Cons: Would like more payment methods

No accountability whatsoever

M
Maria L.
3 months ago

I closed a profitable position at Westcore Capital Limited 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: Tax reports included|Risk management tools|Smooth onboarding

Cons: Alert system is basic|Some tools only available on higher tiers

Spread betting is rigged

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Christopher P.
4 months ago

I found Westcore Capital Limited through a forum discussion and the initial impression was positive. But for over three years 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: API access|Easy withdrawals|Fast execution

Cons: No live chat on mobile

They sell your data

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Charles K.
4 months ago

Westcore Capital Limited had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Market news feed|Clean UI

Cons: Limited ETF selection

Withdrawal limits are a trap

V
Vincent G.
6 months ago

I lost a significant amount because Westcore Capital Limited did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Detailed reporting|Great customer service|Good mobile app

Cons: Would like more payment methods

Frustrating from start to finish

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Vanessa K.
7 months ago

I referred a friend to Westcore Capital Limited after comparing multiple platforms. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Transparent fees|Segregated accounts|Multi-currency support|Dividend tracking

Cons: Wait times can be long during peak hours

Spread widened during news without notice

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Vanessa D.
7 months ago

The hidden fees at Westcore Capital Limited 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: Quick verification|Dedicated account manager|Dividend tracking

Cons: Wait times can be long during peak hours|Wish they had more educational resources

Indicators are limited and buggy

S
Sophia F.
7 months ago

I have been trying to close my account with Westcore Capital Limited for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Great customer service|Stable platform

Cons: No integrated tax optimization

No risk warnings whatsoever

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Christopher T.
10 months ago

Westcore Capital Limited 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: Detailed reporting|Fast support response|Clear documentation

Cons: Account statements could be more detailed

Banned for no reason

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Peter F.
11 months ago

Westcore Capital Limited 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: Two-factor authentication|Multi-device support|Regular platform improvements|Segregated accounts

Cons: No integrated tax optimization