CapPlace Review: Is It a Safe Broker or a Scam?

Let’s take a closer look in our CapPlace review at a broker that promises a path to profitable CFD trading. However, we’re not convinced that everything on this platform is as straightforward as it seems at first glance. Let’s find out whether it’s worth your time or if there are better alternatives out there.

CapPlace General Information

Registration and Client Portal Review

The official CapPlace website looks decent at first glance, but it leaves a mixed impression. It’s only available in English, Hindi, and Japanese, which raises questions about the actual target audience of this company. Additionally, it’s hard not to notice that the site’s design wasn’t handled by professional designers but rather by AI-generated images. For instance, an extra finger on a “happy trader” was simply covered up with a white glare — couldn’t they at least get the main image right?

Well, at the very least, the website footer contains all the necessary legal information about this project.

Registration might be a problem for some users. The website footer states that the broker does not operate in countries like the USA, Canada, Iran, Iraq, Japan, North Korea, and Myanmar. But then why is Japanese one of the available languages on their site?

However, that’s not even the biggest issue. In reality, the list of restricted regions seems much longer — it includes many European countries as well. At least, we were unable to register. It almost feels like CapPlace should have created a different list‌ — ‌one showing where they do operate. That list would probably be much shorter. As it stands, their approach is simply misleading.

CapPlace Trading Conditions

Let’s take a closer look at the trading conditions this broker offers and whether they are actually worth considering.

Account Types Review

The first red flag is the complete lack of deposit information. The only mention on the site is that the minimum deposit is $250, but there are no details on the requirements for different account types. How is a trader supposed to know how much they need to deposit to access a Gold or Platinum account?

Another alarming issue is the total lack of transparency regarding spreads, commissions, and additional fees. Instead of clear numbers, the broker uses vague phrases like “Spread Discount: 50% of Silver”. But the Silver account simply states “None” for spreads. So what does a 50% discount on “None” even mean? This makes no sense.

Additionally, the broker offers leverage up to 1:200, which is extremely risky, especially for inexperienced traders. Given the lack of transparency, there is a high chance that margin requirements and liquidation policies could be just as unclear or even manipulated.

Trading Platform

The broker uses TradingView as its platform, which might sound like a plus at first. However, while TradingView is a decent tool for market analysis, it wasn’t originally designed for order execution and brokerage services. This always raises concerns about how well trade execution is handled, especially when there’s no transparency on spreads, slippage, or order processing speed. Besides, there are no standalone apps. Only a web-based terminal.

CapPlace — Deposit and Withdrawal of Funds

When it comes to deposits and withdrawals, CapPlace offers standard payment options, including bank cards, wire transfers, and some e-wallets. However, the fees are quite outrageous.

First of all, just making a deposit will cost you 3% + $0.25 per transaction. And that’s not all. Any additional fees charged by the payment provider will also be deducted from the client’s balance. So, if you thought adding funds was free, think again.

Even after that, withdrawal requests take 5-7 days to be reviewed before approval. That means you’re looking at a painfully slow process, with no guarantee that your funds will arrive on time — if at all.

Verification

Like many other brokers, CapPlace requires mandatory verification before allowing clients to withdraw their funds. However, the process is far from straightforward and feels more like an obstacle rather than a standard security measure.

To get verified, traders must submit a set of documents, including:

• A government-issued ID (passport or driver’s license).
• Proof of residence, such as a utility bill or bank statement, no older than three months.
• A proof of payment method, meaning a photo of the credit card used for deposits (with only the last four digits visible).

That’s not all. After submitting these documents, CapPlace reserves the right to request additional verification at any time, which could further delay withdrawals. Worse, there’s no clear timeframe for how long the approval process takes. This system seems less about security and more about making withdrawals as difficult as possible.

Additional Options

CapPlace does not offer any additional services to its traders. No educational materials, no market insights, no trading signals. Just the bare minimum. The question is: is this because the company is still in its early stages and hasn’t fully developed its offerings, or do they simply not care about providing value to their clients?

Is CapPlace a Scam?

At this stage, the final step is to verify whether CapPlace operates legally and whether it deserves your trust.

Legal Information and License

According to the information in the website footer, CapPlace is operated by Robertson Finance Inc., a company registered in the Comoros Islands with a license from MISA. But what does this actually mean?

The Comoros Islands are an offshore jurisdiction, known for its lack of strict financial regulations. To make matters worse, MISA is not even a real regulatory body. Brokers can simply purchase a license from them and renew it annually with a small fee of just a few thousand dollars.

Capplace.com Domain Info

When it comes to the broker’s operational history, we initially checked the website’s domain registration and found that the domain was registered many years ago. However, this doesn’t mean that the broker itself has been operating for that long. In fact, CapPlace acquired this domain only in 2024.

This indicates that the broker has been in operation for less than a year. The project is still relatively new and lacks substantial experience. Trusting it blindly at this stage would be risky, as it has yet to prove itself in the long term.

Contacts Review

Regarding the contact details, the broker provides two phone numbers and an email address. However, there is no physical office, as the address listed is virtual, located in Comoros. We wonder if there are more brokers registered in Comoros than actual residents.

More Details

There seems to be a clear conflict of interest between the client and the broker. Since the broker operates with a highly questionable offshore registration and lacks proper regulatory oversight, their incentives might not align with the client’s best interests. The broker could prioritize its own profits over providing fair and transparent conditions. Traders must be cautious, as such conflicts often lead to manipulation.

Pros and Cons

2.7 TOTAL SCORE

CapPlace Summary

The broker operates under a questionable offshore license from the Comoros Islands. Its vague and incomplete trading conditions, coupled with high fees for deposits and withdrawals, undermine its credibility. The lack of transparency, an unproven track record make it a risky platform to trust. We strongly advise against cooperating with this broker.

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Website information content 3

Client Portal 2

Trading condition 3

Trading platform 5

Deposit and withdrawal 4

Verification 4

Extra options 1

Licenses and guarantees 1

Work duration 1

Feedback 3

Frequently Asked Questions (FAQ)