The company presents itself as a reliable online broker with access to various financial markets, high leverage, and VIP service. However, behind this facade lies something more — the absence of a credible license, anonymous owners, offshore registration, and other signs of a scam. In this CapPlace review, we will show how this platform operates and why trusting it means putting your money at risk.
Brief Overview
- 🖥Official Website: https://www.capplace.com
- ✈️Contact Address: Bonovo Road, Fomboni, Comoros, KM
- 📞Customer Support: support@capplace.com, +815031264259, +447458196365
- 🔐Licensing and Accreditation: MISA
- ⏳Track Record: 2023
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $250, 1:200
- 💰Additional Services: signals, education
Capplace.com Examination
Let’s start with the broker’s official website. The homepage features a standard banner with a smiling guy and charts in the background. It’s a typical stock photo — faces like these can be found by the dozens on photo stock websites. This technique is used throughout the site: an elderly man with a Corgi, a woman with a microphone and headphones, presumably from the company’s call center; and other people’s images. It’s a cute visual, but clearly not the presentation of a serious forex broker.
The top menu is simple and short, divided into three main categories:
- Trading — a section about trading. It includes information about assets (forex, commodities, crypto, etc.), leverage, and “platform capabilities”. However, everything is presented in vague terms with no specifics.
- Company — a description of the company, supposedly legal information, and terms. There’s also an “About Us” section, but with no faces, no team, no history.
- Support — a support section with a contact form and a so-called live chat, which in reality functions more like a bot. There is no phone number or office address. Questions about accounts and verification can only be submitted through the form.
The website supports not only English but also Hindi and Japanese. The Japanese language support is suspicious, as margin CFD trading is banned in Japan. Moreover, CapPlace even states in the website footer that its services are not offered to residents of the USA, Canada, Iran, Iraq, Japan, North Korea, and Myanmar. Japan is among them — so why include the Japanese language?
CapPlace doesn’t mention how long they’ve been in business, who the founder is, or what business model they use. All in all, it’s just a generic official website, indistinguishable from dozens of others.
Company Contacts
You can contact the broker’s managers via email, online chat, phone number, or a feedback form. Verification showed that these contact details were genuine, so nothing suspicious was there.
However, CapPlace lacks any links to social media — no Telegram, no YouTube, no Twitter, not even LinkedIn. This is highly unusual. Legitimate brokers typically have at least a Telegram channel with market analysis, and Twitter or YouTube accounts with educational content and webinars.
Key Conditions
Now let’s break down the trading conditions, which are a key point for traders. CapPlace requires a minimum deposit of $250. This is a classic red flag for scam platforms. For some reason, it’s always the shady, unlicensed brokers that set this kind of entry threshold. Reputable brokers like Exness or RoboForex allow you to start from as little as $10.
Clients can choose from three account types: Silver, Gold, and Platinum. The descriptions follow the typical “the more you deposit, the better the conditions” formula. No numbers are provided — no information on commissions, spreads, or minimum deposit requirements.
Spreads are described as “tight” — but again, no figures are given. They use the typical phrase “tight spreads” without offering any specifics. Commissions are not disclosed at all. So how are traders supposed to assess whether trading here is profitable or not?
The rest of CapPlace’s conditions are fairly standard: leverage of 1:200, which is typical for offshore brokers, trading volumes starting from 0.01 lots, and a full range of financial assets including forex, commodities, metals, indices, stocks, and cryptocurrencies.
Exposing CapPlace
The website claims that the company is supposedly regulated by the “financial authorities of the Comoros Islands”. At the bottom, it proudly displays a license number — T2023294. And that’s it. It also states that the legal entity is named Robertson Finance Inc. We checked the MISA registry and confirmed — such an organization is indeed registered there since 2023.
For reference: the Comoros is an offshore jurisdiction where you can purchase a paper “license” for a couple of hundred dollars. This jurisdiction has no authority to oversee forex brokers, does not conduct audits, and has no client compensation system. This “license” is not recognized in the EU, Australia, or the United States. In other words, CapPlace has no real or credible regulation and hides behind a pseudo-license.
The company does not disclose its launch date, the names of its founders, or its team. There’s no “Our Story” page, no LinkedIn accounts listing employees, and not even a basic “About Us” section where someone introduces themselves. You have no idea who’s holding your money. That is a massive red flag. Legitimate brokers — like Pepperstone — publish the names of top managers, team photos, office contacts, founding year, and company history. CapPlace, on the other hand, is like a shadow. Faceless. Nameless. Historyless. Which means they can shut down the website at any moment and disappear. And you’ll have no way to prove anything.
What Reviews Do Users Leave?
Online, you can find many positive reviews of CapPlace. People allegedly praise the “convenient platform”, “fast withdrawals”, and “helpful personal analyst”. However, a closer look reveals these reviews are suspicious:
- They are templated. The texts read like carbon copies: the same style, repeated phrases, praising the same features.
- Often lacking details. People write things like “everything’s great”, and “withdrew money in 24 hours”, but don’t specify the amount, method, or platform used. They can’t back it up with screenshots or links to transactions, especially if cryptocurrency was involved.
- Most authors have only one review — meaning the accounts are newly created.
This is likely paid content or fake comments designed to create an illusion of reliability. Meanwhile, real traders complain about being unable to withdraw funds from CapPlace and about aggressive manipulation tactics.
Conclusions
CapPlace is not a broker — it is a fraudulent operation designed to drain your money. No legitimate license, a fake jurisdiction, no information about the owners, and zero transparency regarding trading conditions. This is undoubtedly a dealing desk where your trades never reach the real market. The money circulates within the system, which means the company has only one interest — client losses and failed trades. That is why we strongly advise against working with such dangerous firms.
Pros/Cons
- Simple and modern site interface, adapted for beginners.
- Support for several languages (English, Japanese, Hindi).
- No license from reputable regulators.
- The founders, legal entity, and date of foundation are not specified.
- A lot of fake positive reviews; real ones are mostly negative.
- Hidden trading conditions.
- Registration of a legal entity in an offshore.
CapPlace is an outright scam. At first glance, the website looks fine – well-designed, filled with supposedly positive reviews, and even featuring a so-called serious license. But profiting here is impossible. There are constant quote issues. My account was wiped out in two days “at the market”, even though I had stop-losses in place. They didn’t work. Slippage happened constantly, and instead of losing 5% of my deposit, I lost over 10%. When I tried to withdraw the remaining balance – no response. No money was returned, and support vanished. I do not recommend anyone get involved with them – you will lose everything.
All the signs are there: a fake offshore “license”, no founders, empty legal disclosures, and fabricated reviews aimed at deceiving naive beginners. This is not investing and not trading, it is a trap! Everything is made to look good, but only for a short while. Do not fall for the fake.