Should you trust your deposit to companies based in the suspicious jurisdiction of the Comoros Islands? Especially when there is no serious regulation in place, apart from the offshore MISA? It is probably better not to take the risk. CapPlace may call itself a safe platform, but those are just words. In today’s review, we will take a look at what this firm is all about, what it offers, and whether there are any positive aspects — or if it is, in fact, a typical scam.
Table of Contents
Highlights
| 🏛️ Country | Comoros |
| ⚠️ Regulation | MISA |
| 🖥️ Website | https://www.capplace.com |
| 🎲 Demo Account | Yes |
| ⏳ Start Time | 2023 |
| 💲 Minimum Deposit | $250 |
| ⚖️ Minimum and Maximum Leverage | 1:200 |
| ⚙️ Trading Platform | WebTrader |
| support@capplace.com | |
| 📞 Phone | +815031264259, +447458196365 |
First Impression of Capplace.com
The official CapPlace website looks like a typical template thrown together in a couple of days using a site builder. The homepage features the standard banner with a smiling trader and a fancy phrase about “financial freedom”. Then came the usual promises: a convenient platform, high profitability, personal analysts, and fast withdrawals. We have already seen all of this countless times on other scam websites — only the logos change.
The design is dull and repetitive. Stock photos are used, showing “investors” smiling at the charts. These images are easily found on free photo banks — meaning CapPlace did not even bother to order unique visuals. The texts are generic and vague. The same phrases are repeated everywhere: “maximum opportunities”, “innovative solutions”, and “the best conditions for traders”. However, there is not a single fact, not a single number. Yes, the broker lists a license and a legal address, but there is no founding date, no business model, no client count, and no statistics (such as turnover, client capital, and so on).
The site includes a menu and sections on trading, accounts, and support. CapPlace also offers translations into Hindi and Japanese. The official website only superficially addresses traders’ questions, when it should provide full answers.
Partnership and Bonuses
The CapPlace user agreement mentions bonuses, but the wording is extremely vague. The company reserves the right to grant bonuses or run promotions “at its discretion”, but there are no specific terms, tables, or rules for how bonuses are handled. Where to find current bonuses is unclear — there is no link, and no dedicated bonus program section. This is a typical tactic: they lure users in with “perks” and then use the bonus as an excuse to block withdrawals.
As for the affiliate program — it is not mentioned at all. No terms, no referral links, and no structure description. Either it does not exist, or it is hidden.
Account Opening on Capplace.com
The registration process on the CapPlace website appears standard. To open an account, you need to enter your first name, last name, email address, and phone number, create a password, and agree to the terms. There is also an option to check a box to receive phone assistance and newsletters — nothing unusual, just like other brokers.
However, this is where things start to get interesting. As soon as you click the registration button, an error appears: “CapPlace is not available in your location or to residents of your country”. And this happens regardless of which country you select. We tried Japan, India, and other countries listed on the website as supported regions. The result was the same: registration was impossible.
A logical question arises — what is the point of all this interface, country flags, and translations into Japanese and other languages if registration simply does not work? It seems the website is either abandoned or operates selectively in countries where it is easier to manipulate clients and bypass regulations.
Verification
The verification process at CapPlace appears formally strict: the broker requests a full set of data — name, date of birth, passport photo, residential address, source of funds, and even whether the client is a politically exposed person.
The company requires the standard document package: proof of identity and proof of residence. The review period is stated to be up to 24 hours.
- Standard KYC procedure.
- It’s unclear if it’s convenient to upload documents, as you can’t register an account.
Trading Software
CapPlace claims to offer a “modern trading platform” for all devices — allegedly including a mobile app and web terminal. The broker promises support for limit orders, various types of charts, technical analysis, and other tools. Whether or not to believe this is up to you, but we do not recommend it.
As for the mobile app — the situation is even worse. The site includes a section describing the app’s advantages: “full functionality”, “user-friendly interface”, “data protection,” and “notifications”. However, there is no direct link to the App Store or Google Play. The app can only be downloaded through the personal account area — but accessing it is impossible, since registration does not work.
CapPlace also offers a demo account to test the platform and services. Whether this is true or not remains unknown.
| Features | CapPlace | JK Analytics | NRDX |
|---|---|---|---|
| Demo Account | ✔️ | ❌ | ✔️ |
| Mobile App | ❌ | ❌ | ✔️ |
| Own Development | ❌ | ❌ | ❌ |
How Can I Trade With CapPlace?
This is a company that provides access exclusively to CFDs. The asset classes include forex, metals, commodities, cryptocurrencies, stocks, and indices. Overall, a standard set of instruments.
All Info About Accounts
CapPlace offers three account types: Silver, Gold, and Platinum:
- Silver is the basic account, with no privileges. This is the type of account clients are assigned after making the initial deposit of $250. This is the minimum entry point for CapPlace, and it is quite high, considering that reputable brokers often have a threshold starting from $10 or none at all.
- Gold is positioned as an account for “advanced traders”. What’s the catch? A 40% discount on swaps and 50% on spreads compared to the Silver plan. In other words, Silver serves as an artificially inflated baseline to make the other plans look more “attractive”. However, there are no exact figures provided for swaps or spreads — and that is a serious drawback. Without numbers, it is impossible to compare or evaluate the trading conditions.
- Platinum is the highest-tier plan “for professionals”. It supposedly offers a 60% discount on swaps and 75% on spreads — again, with no concrete values. Leverage remains the same at 1:200, and the minimum lot size is 0.01, just like with the other two account types.
Now, regarding CapPlace’s overall trading conditions. First, there are no specified spreads for individual instruments — not for EUR/USD, not for gold, not for crypto. Second, it is unclear what commissions apply to trades, or whether there are fees for inactivity, deposits, or withdrawals. There is no information about execution types (market, instant, ECN, STP), nor about liquidity or quote providers. These are critical details for evaluating a broker, and their absence is a major red flag.
There is also no clear breakdown of deposit requirements for each account tier. You do not know how much you need to deposit to qualify for Gold or Platinum — and this can be used as a pressure tactic. A phone manager might simply “persuade” you to deposit $3,000+ to receive “better conditions” that later turn out to be nonexistent.
- There’s a demo account.
- Real spreads, commissions, and swaps are not disclosed — not a single figure on the website.
- No amounts for switching between tariffs are specified.
- CapPlace operates on a business model with a conflict of interest — it benefits from clients losing money.
Market Analysis and Education With Capplace.com
CapPlace claims to provide traders with access to analytics and research tools directly within the platform. The description includes an economic calendar, price charts, technical indicators, and market news.
Deposit, Withdrawal, and Fees
The FAQ section on the website states that credit cards and bank transfers are available for deposits and withdrawals. CapPlace promises not to charge any fees for deposits or withdrawals, but any fees imposed by banks or payment systems will be the client’s responsibility. The stated withdrawal processing time is up to 72 hours, though no further details are provided.
Convenient options like cryptocurrency transfers and electronic wallets are, for some reason, not available. These methods are generally cheaper and faster than cards or banks.
| Features | CapPlace | FXRoad | Gainful Markets |
|---|---|---|---|
| Debit/Credit Cards | ✔️ | ✔️ | ✔️ |
| Electronic Payments | ❌ | ❌ | ❌ |
| Crypto Transfers | ❌ | ✔️ | ❌ |
| Deposit Fee | ❌ | ❌ | ❌ |
| Withdrawal Fee | ❌ | ❌ | ❌ |
How Can I Contact It?
The broker offers several ways to contact its staff. An email address is listed — support@capplace.com — along with two phone numbers: one with a Japanese code (+81) and another with a UK code (+44). There is also a contact form where you can enter your name, email, and message. Additionally, a live chat widget is pinned to all pages of the site, appearing as an option to quickly ask questions through the website interface.
At the same time, there are absolutely no links to official social media — no Facebook, Twitter, or LinkedIn. There are also no buttons for messengers — WhatsApp, Telegram, or Viber are not connected.
- There are basic methods of communication: email, phone, and online chat.
- No messengers or social media accounts.
Is CapPlace Dangerous?
At this stage, it cannot be definitively stated that this is a dangerous or fraudulent project. Yes, the official website has some shortcomings, and the conditions are disclosed only superficially. However, the firm did not immediately raise clear suspicions. To reach a verdict, we need to verify how long the platform has existed and what kind of regulation it has.
How Long Does The Broker Work?
CapPlace, for unknown reasons, hides its founding date. However, in the MISA (Mwali, Comoros) registry, you can find the registration date of its legal entity, Robertson Finance Inc — June 7, 2023. Such a short operational period cannot be considered significant, meaning the firm has no real experience.
How Is CapPlace Regulated?
We previously checked the MISA registry — this company is listed there. However, this does not mean that the subject of our review is a safe or trustworthy place to open a brokerage account and trade with real money.
Regulation by MISA holds no weight in the world of serious trading. It is an offshore pseudo-regulator that does not truly oversee brokers, and does not require deposit insurance, fund segregation, or real financial reporting. Obtaining such a “license” is quick and inexpensive — which is exactly why scam projects choose it, avoiding the strict rules of the EU, the UK, or Australia.
If you see a broker like CapPlace with only an MISA license, assume it is effectively unregulated. Such a company cannot be compared to those operating under the supervision of the FCA, CySEC, or ASIC. It is just a façade, not a guarantee of safety.
| Features | CapPlace | Bullishcap | Xlence |
|---|---|---|---|
| European Zone | ❌ | ❌ | ❌ |
| Asian Zone | ❌ | ❌ | ❌ |
| American Zone | ❌ | ❌ | ❌ |
| African Zone | ❌ | ❌ | ❌ |
| Offshore | ✔️ | ❌ | ❌ |
Can I Practice on a Demo at CapPlace Before Making a Deposit?
Is CapPlace Legit?
How Risky Is It?
Kevin Berry Do not be tempted by the appealing promises made by offshore brokers. The problem is that such companies offer significantly lower protection for client deposits. CapPlace did not choose the Comoros Islands by chance — that jurisdiction has become a hotspot for scam projects because it’s easy, cheap, and quick to register there. On top of that, MISA offers no real oversight. It’s always better to choose trusted organizations — those with licenses from CySEC, FCA, or ASIC, and a long operational history.
CapPlace rating
2 reviews about CapPlace
This is a shady offshore company that will soon shut down, and your money will be stolen. Add capplace.com to your blacklist – there is nothing for you here. No protection for client funds, no insurance, no reputation – absolutely nothing. I have no idea what people are thinking when they choose to trade here. It’s madness.
I dealt with CapPlace for two months but never managed to make a profit. The trading conditions are poor and do not allow for calm, stable trading. The spreads are extremely wide and that’s the first issue! The second problem is that they constantly increase, for no reason, at any time. If you have a stop-loss set, a widened spread can trigger it: even on a liquid currency pair like GBP/USD. I kept hitting stop-losses, even though other quote sources didn’t show such volatility. This company is definitely trading against its clients. That’s why I cannot recommend it. Thankfully, I was able to withdraw the remaining balance of my deposit, but it was already less than 30% of what I initially invested.