Broker Review

Unauthorised Firm Details

Name: Capplace.com

Website: capplace.com

CapPlace presents itself as a regulated Forex/CFD broker offering a modern trading platform, hundreds of assets, 24/7 support, and secure transactions. It is owned by Robertson Finance Inc., registered as an International Business Company (IBC) in Mwali, Comoros, and operates under license № T2023294 from MISA (Mwali International Services Authority). At first glance, the company looks legitimate — but a closer look raises serious doubts.

The website feels outdated and uninformative. Market descriptions are trivial, analytics and news have stopped updating, and there is no economic calendar. Registration requires unnecessary personal data such as taxpayer numbers and detailed financial questionnaires. Payment options look broad, but in reality only card transfers and cryptocurrency wallets work reliably — an unusual and high-risk practice for a licensed broker.

CapPlace uses a custom web terminal built on a TradingView widget. While it offers some advanced tools like contract specs within charts and market sentiment ratios, it lacks multi-chart mode, one-click trading, automation tools, and a customizable interface. For a supposedly regulated firm, avoiding established platforms like MetaTrader raises questions.
The company does publish trading conditions, but they are inconsistent. It advertises leverage of 1:200 for all, but the contract specifications show retail traders limited to 1:30. With a StopOut of only 5%, inexperienced traders could lose almost all their funds in one margin call.

Most importantly, MISA is a lightly supervised offshore registry not recognized by reputable regulators. The Comoros central bank itself has called MISA a “self-proclaimed” regulator whose licenses carry no real protection. Combined with paid-looking positive reviews and multiple complaints about non-payment of profits, the risks become obvious.

Bottom line: CapPlace formally holds a license but offers minimal transparency and high-risk conditions. Traders report withdrawal issues and inconsistent information. If you value your capital, consider established brokers regulated in stronger jurisdictions instead.