Capitalco Review – Is Capitalco.net Introducing Broker Reliable?

The first thing you realize is that Capitalco doesn’t reveal any legal information whatsoever. Therefore, you might wonder why they created their website. Obviously, this brand aims to promote trading with an offshore-regulated branch of FxPro.

Anyway, this Capitalco review will bring you all the necessary facts you’ll need to see if you should invest there or not. Ultimately, the choice is yours.

Legal info: Is Capitalco Legit?

Fairly, the Capitalco website looks like any other mediocre broker who didn’t succeed. They provide just brief information about the company’s headquarters in Bulgaria. Besides that, none of the other relevant details are present, at least not about Capitalco.net. 

Instead, they are revealing all the security features of the FxPro.com trading brand, such as segregated bank accounts for deposits and FSCS compensation schemes. Still, does that make them trusted or not, we are about to see. In any case, Capitalco is not a regulated entity despite the advertised license from SC Bahamas.

Who are Capitalco’s Clients?

Since Capitalco reviews are missing, we will have to check FxPro.com reviews as well. These reveal that most of the company’s customers come from: 

• United States
• Spain
• Australia
• Canada
• France
• Germany

This is quite surprising since the company claims not to offer services to the US, Iran, and Canada through this branch. They are not licensed to provide services in Australia or Germany. Anyway, if you are one of the traders coming from these countries, feel free to book a consultation with our refund experts at any time.

Traders Reviews

Even though Capitalco regulation doesn’t exist, the brand they are introducing has some licenses at least. Still, it’s quite surprising that almost 30% of reviews on Trustpilot are negative. Take a look and decide for yourself if this partnership can be trusted. 

Once you make a conclusion, feel free to contact us and explore additional options.

Leverage, Commissions, Spreads, Fees and Taxes

Generally, Capitalco Forex introducing broker does not reveal any trading conditions whatsoever. These solely depend on the advertised brokerage. Luckily, there is information available about the leverage. It tells you that in the end, with leverage of 1:200, you might not be that safe.

But on the positive side, traders can get spreads from 1.2 pips on the starter account and a commission of a maximum of $3.5 per lot per side on higher-scaled accounts. Fairly, nothing that you can’t get with any other top-tier licensed brand.

Bonuses

Bonus offers are often a good way to motivate traders to trade or deposit more. Yet, with Capitalco broker, such features are missing. But it might be a positive thing knowing how bonuses can affect withdrawals. To see those tricks in action, read our StellarFX review.

Capitalco Trading Features

In general, all the features offered look quite decent. Yet, it would be far better if those were backed up by a tier 1 license instead of an offshore one. Anyway, traders can enjoy numerous advanced options with the available platforms. Primarily Expert Advisors features, social and copy trading.

Trading Platforms Available

Without a doubt, there are all top three platform choices available with this broker. Those are cTrader, MT4 and MT5. 

Besides, traders can opt for the FxPro proprietary platform as well. However, with all those negative reviews, it might make you wonder if the platform is a relevant metric at all.

Available Trading Assets

Tradeable assets are undoubtedly a positive aspect here. With numerous options available, traders will have various options to diversify their portfolios. 

Some of the options are: 

• Forex – USD/AUD, NZD/HKD
• Indices – DAX30, FTSE100
• Commodities – natural gas, palladium
• Shares – Amazon, Walt Disney
• Cryptocurrencies – BTC, DOT

Account Types

Overall, Capitalco broker doesn’t reveal any account options. As can be seen, their whole purpose is to redirect clients to the offshore broker they are promoting. 

Therefore, you’ll have to look for answers to all options and questions. Anyway, the minimum requirement is not revealed, but it’s good that micro accounts are available.

Mobile Trading App

Another key fact is that all the mentioned platform solutions also offer dedicated mobile apps. Consequently, iOS and Android users won’t have to worry about unoptimized features on their devices. 

But to see how that can affect your trading results, check our AFS Equity review.

Demo Account

If you are still unsure about investing with this broker, you may as well sign up for a demo account. Most importantly, there are no limitations, and you can use it freely for as long as you want. Still, it’s much better doing that with top-tier licensed firms.

Education

When it comes to education, you will see that Capitalco offers its 60-second academy. Thus, with all the video material they provided, it looks much longer than 60 seconds. But only from YouTube. 

Currently, those videos are not accessible because the account was terminated. Anyway, it’s not the education traders are looking for.

Capitalco Withdrawal

Important to note is that traders depositing through Capitalco don’t deposit with them specifically. Therefore, the Capitalco withdrawal conditions are not necessary. 

Instead, you should be watching those presented by their partner. Sadly, the client agreement doesn’t reveal processing time or fees. To avoid any surprises, you might as well go with other tier 1 licensed investment firms.

Customer Support

If you are looking for some answers, Capitalco offers a phone line with Bulgarian country code and e-mail address. Yet, the working hours of their support are not disclosed.

Key Information To Consider About Capitalco

Since Capitalco firm is just an introducing broker to another firm, you might as well check the conditions of that other firm. Ultimately, it’s too many complications without a reason. Instead, you should check some brokers licensed by the FCA, ASIC, or BaFin, primarily because of the much safer trading conditions offered.

Anyway, if you have applied for an account through Capitalco and experienced some potential issues, don’t hesitate to contact us. After reviewing your case, we can definitely advise you on the next necessary steps.

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