Is CapPlace a Scam? The Facts You Need to Know

The dealer offers access to basic financial instruments, highlighting privacy privileges and an optimized trading platform in the form of a browser-based interface. The broker is regulated by an offshore supervisory authority and has been operating since 2024. Trust levels are low, and customer reviews are predominantly negative. Let’s analyze whether capplace.com is a scam.

Company Highlights

Key CapPlace Trading Features

CapPlace provides opportunities to trade with different account types, including a demo account available to all users. The available accounts include Silver, Gold, and Platinum, with primary differences in spreads and swap discounts. A major drawback is the lack of transparency regarding the initial deposit requirements for each account. Next, we will not only discuss the basic trading parameters but also examine the disadvantages of partnering with this CFD brand.

The platform sets a standard deposit of $250, applicable to the Silver account. This means that to access better trading conditions, users must deposit a higher amount, a detail that is not disclosed upfront. This omission allows for manipulation, enabling the broker to set personalized deposit amounts and attract rapid investments. The primary disadvantage of working with CapPlace is the need to pay for better trading conditions.

The leverage reaches 1:200, a universal margin level applicable to all accounts. However, increased leverage is a common feature of contracts for difference (CFDs) and should not be considered an advantage. Moreover, such margin levels are restricted not only by European regulators but also by offshore authorities. As a result, clients risk losing their funds within a few hours of trading.

Now, let’s examine the technical aspects of the broker’s services. Details about the spreads remain undisclosed, although the company promises discounts of 50% and 75% on Gold and Platinum accounts respectively. The minimum lot size is 0.01, and the stop-out level is set at 5%. Swap discounts are only available when upgrading the account level (up to 60%).

Ultimately, the key drawback of the dealer’s trading conditions is the lack of transparency regarding the initial deposit. Additionally, the leverage parameters indicate potential fraudulent practices, while information about spreads is absent. Concerns about service quality and additional offerings will be explored in a later section.

Overview of Available Trading Instruments

CapPlace facilitates trading in financial instruments such as currency pairs, cryptocurrencies, indices, and commodities. However, the platform does not disclose the full selection of available assets, nor does it specify restrictions on the starter account. Questions also arise regarding the accuracy of price quotes within the trading terminal.

Furthermore, the broker primarily deals with contracts for difference (CFDs), which carry high risks, with loss rates frequently exceeding 85%. This structure creates a conflict of interest, as the company profits from client losses. Additionally, CFD is legally prohibited in some jurisdictions, including the United States.

Capplace.com Trading Platform Analysis

CapPlace operates exclusively through WebTrader, a browser-based terminal designed for desktop operating systems. Despite claims of a mobile application, users cannot trade via mobile devices. Additionally, the website lacks valid links for downloading the trading utility.

The platform’s interface is rudimentary, featuring a simulated order book, fabricated trade history, and inaccurate asset quotes. The primary drawback of this terminal is zero liquidity and the absence of partnerships with liquidity providers. Consequently, trade execution suffers from significant delays, making profitable trading nearly impossible. Moreover, users cannot apply various indicators or strategies effectively.

Additional Services

The company supplementary services are highly limited. There are no educational materials for beginners, aside from a basic FAQ section. The company also advertises expert customer support and a news section. However, these additional services offer no tangible value or uniqueness.

The dealer does not offer a bonus system, meaning that neither new nor active traders receive rewards. A referral program is also absent, and promotional codes cannot be used during registration.

Fee Structure. Are You Paying More Than You Should?

CapPlace’s commission policy is inconsistent, raising concerns about the firm’s reliability and the benefits of partnering with them.

According to the company’s FAQ section, no commission is charged on transactions. However, it does not address potential payment service fees. More importantly, the website lacks digital documents specifying penalties for inactivity or other restrictions.

This lack of transparency extends to order execution fees. Information regarding trading commissions is unavailable, which, when combined with the inherent risks of CFD trading, raises another red flag. Essentially, clients are almost guaranteed to lose money while trading with this broker.

Legitimacy of CapPlace

CapPlace operates under the oversight of the offshore regulator MISA (MWALI International Services Authority) under the name Robertson Finance Inc. However, such regulatory bodies are notorious for issuing licenses to fraudulent CFD companies. This directly impacts service quality.

As a result, CapPlace clients cannot expect to recover their funds in the case of disputes, as the regulator typically ignores complaints against the broker. The presence of a MISA license does not signify reliability; rather, it serves as a deceptive tactic to mislead inexperienced traders.

The Broker’s Past and Present

The dealer has been operating under its current domain since 2024. While it obtained its license in 2023, this does not negate the company’s lack of credibility. Our investigation utilized resources such as the regulator’s website, WebArchive, and Whois. Findings indicate that the company lacks an established track record, notable achievements, or positive customer feedback. Brand recognition in the online community remains minimal.

Conclusion

CapPlace is not a reliable broker for financial investments or trading. It is regulated by a low-tier offshore authority and has been accused of fraudulent practices. The trading terminal has minimal liquidity, and overall service quality is poor.

Weighing the Pros and Cons

Common Questions