Today, in this CapPlace review, we talk about a regulated Forex/CFD broker offering clients a wide range of assets to trade, a modern trading platform, quality support, and full security of transactions. Traders can work from anywhere in the world, trade on mobile devices, and use a demo account. The company’s offers appear solid, but are they truly so? Can we trust the company’s claims about having a license, or should we treat it as a scam platform? We will attempt to answer these questions.
Key Features
- Company Name: Robertson Finance Inc
- Website: https://www.capplace.com/
- Available Contacts: [email protected]; +815031264259 (JP), +447458196365 (UK)
- Foundation: 2023
- Services: Forex/CFD trading
- License: № T2023294 from MISA (Mwali International Services Authority)
- Initial Deposit: $250
From Sign-Up to Payout
Honestly, the design of the official CapPlace website seemed uninteresting to us. We found it difficult to grasp the meaning of the huge info boxes, where images and headings are easily visible, but the small font of explanatory text is almost illegible.
The content didn’t impress us either. For example:
- On the Markets page, the visitor finds a couple of trivial phrases about each available market. It’s curious why they are there, being so uninformative and useless. Just to add volume to the site?
- The list of holidays on local markets is, of course, the most necessary information for traders. Especially considering that the broker’s several hundred trading instruments don’t include assets traded on most of these platforms.
- However, the announcements of important market events on the relevant page began in June 2024 and ended on March 9, 2025. It seems we’re in for a terrible stagnation, as no events worth publishing here are expected in the near future.
- Analytics, news feed, or even a basic economic calendar aren’t necessary for traders, or at least that’s what the owners of CapPlace seem to think by not providing this information on the website.
On the other hand, the registration of a new client left a lasting impression on us. The user is asked for all personal data, including their taxpayer number. Why does a broker who is not a tax agent need this information? We didn’t find an answer to this question. However, that’s not all. Be prepared to answer a dozen questions on the questionnaire, where the company asks everything about your finances and trading experience. Why – we still don’t understand. After all, the regulator the firm works with doesn’t require such details in any of its policies, and doesn’t even distinguish between retail and professional traders.
The list of payment methods looks quite solid. However, out of the dozen options listed, only card transfers and cryptocurrency wallets work reliably. Aggregator payment systems do not process transaction requests.
We also have one more question: how does accepting cryptocurrency payments align with the AML policy? We haven’t heard of any drastic changes in blockchain operations that would allow the identification of wallet owners.
In short, we were disappointed with the handling of financial transactions. It gives the impression that we’re dealing with an unlicensed broker, or perhaps a typical scammer. Could that be the case?
Our Trading Experience With CapPlace
The broker uses a unique web terminal developed on top of the TradingView price widget. This approach allows the use of the full range of analytical tools offered by this well-known platform.
The terminal’s developers have also come up with several interesting solutions for other functional blocks. For example:
- The full contract specification opens in the same window as the price chart, but in a separate tab.
- The review not only presents current prices but also market interest — the ratio between long and short positions for an instrument.
- The panel in which the client creates an order is highly convenient and informative, designed to work with all types of orders.
However, this terminal also has some clear drawbacks:
- The multi-chart mode is not implemented. This makes it difficult for portfolio traders, scalpers, and users of other strategies that require high-speed order placement and processing to manage positions effectively.
- There is no one-click trading mode, even though a separate panel for placing client orders could easily enable this feature.
- The trader cannot modify the configuration or the arrangement of windows, customizing the interface to their preferences.
- No automation tools for trading are provided.
These are common drawbacks for all trading platforms created by noname developers. What is unclear is why a formally registered broker would choose not to acquire well-known platforms, such as MetaQuotes or TradingView. Perhaps the company is trying to minimize its own costs. Another possibility is that the software allows for adjusting the flow of quotes in the company’s favor. Many scammers choose trading software for exactly this reason.
When it comes to publishing trading conditions, CapPlace stands out positively compared to most brokers. In its list of accounts, it only includes the most important deal parameters:
- Maximum leverage — up to 1:200 for all accounts.
- Minimum position size — 0.01 standard lots.
- StopOut level — 5%.
For spreads and swaps, the broker only lists discounts from standard values. For the Silver account, no discounts apply, for the Gold account, spreads and swaps are reduced by 50%, and for the Platinum account, they are reduced by 60% and 75%, respectively.
Overall, this information is insufficient to make a well-informed decision when choosing an account type during the registration of a new client. However, the company addressed this by publishing contract specifications for all available trading assets in a separate file. It can be found via a link on the Legal Documents page.
The document is quite interesting. Yes, it lists the minimum and maximum position sizes for each asset, long and short swaps, and even trading hours. But the most intriguing metric is the margin requirements. These are presented for both retail and professional traders, effectively limiting leverage. According to the values listed in the table, retail traders can trade with a maximum leverage of 1:30, while professional traders can use 1:200 leverage. However, we do not see any mention of the trader/investor status on CapPlace’s official website, yet the broker offers everyone the ability to trade with the maximum leverage of 1:200. It’s worth noting that for retail traders, the risks become unacceptable, and the risk of losing capital approaches 100%.
Another metric worth noting is the StopOut level. A value of 5% indicates that when a position is forcibly closed, the client’s remaining capital will be 5% of the margin amount used in the margin trade. In practice, if $100 of personal funds were used to enter the market, after forced liquidation, only $5 would remain, and the loss would amount to $95. Considering that inexperienced traders typically open positions using all their available funds and do not employ stop-loss orders, they are likely to lose 95% of their invested funds in a single trade. We believe that risk limitation should be designed differently.
The Reality Check
In the footer of the website and in the Terms & Conditions, it states that CapPlace is owned and operated by Robertson Finance Inc. The company is registered as an International Business Company (IBC) in Mwali (Moheli), Comoros Union under number HY00523519 and conducts activities under a license from the local regulator, MWALI International Services Authority (MISA). The verification confirmed this information.
There is no doubt — the broker operates under a license. However, the question of trust in it remains, and it has not yet found a positive solution. Most experts and reputable regulators do not recognize the MISA license. The reason is quite simple — the regulator practically imposes no restrictions on the activities of brokerage/dealing companies, does not apply fines or other penalties in case of justified client complaints, and essentially does not protect the rights and interests of clients.
This is why there has been an explosive increase in registrations in the Comoros Union from 2023 to 2025, with the lion’s share of them occurring in Mwali (Moheli). At the same time, statistics show that of those who received permits in 2023, no more than 20% continue to operate, and in 2024, no more than 50%. In our opinion, this is a clear demonstration of the quality of the licenses.
Note! The country’s main financial regulator, the Banque Centrale des Comores, has repeatedly stated that MISA is a self-proclaimed regulator and the licenses issued by it should be considered legally invalid. However, the demand for these licenses remains, including due to their relatively low cost.
Thus, CapPlace formally holds a license to provide brokerage services. However, we believe that this document, and the company operating on its basis, are not trustworthy.
How Long Has CapPlace Been in the Game?
According to official documents, Robertson Finance Inc. and the CapPlace broker were established and began operations in 2023. Let’s see if this information is confirmed by the domain registration date.
According to the whois service, the domain capplace.com was registered back in 2006. However, the company purchased it in 2023 (it had been up for sale by the registrar for over 4 years), and based on snapshots from the web archive, real activity on it can be traced from January 2024.
So, the broker has consciously kept the website visitors and its clients in an information vacuum for over a year. This does not reflect well on the company.
Extra Fraud Indicators
Over the course of more than a year, a considerable number of CapPlace reviews have appeared online. For example, on Trustpilot, there are over 70 reviews. More than 60% of these authors rate the company positively, calling the platform a leader in CFD trading and the best broker, mentioning the vast number of available trading assets. It is clear that only those who were paid for writing positive reviews about the project could write such things.
Around 30% of authors disagree with the majority opinion. They give the broker the lowest possible rating and claim that the company does not pay out either profits or deposited funds.
A similar picture can be observed in publications on various websites. Some claim they have never seen a better broker. Thematic portals are more cautious in their evaluations. While they do not label the platform’s owners as scammers, they do not recommend engaging with this company.
Is CapPlace the Right Fit?
It is impossible to definitively label CapPlace as either a legitimate broker or a scam project based on the review. On the one hand, the company operates under a license, albeit an offshore one. On the other hand, there are concerns about its official website, non-trading operations, and transparency. Moreover, most positive reviews online seem to be paid for, while the negative ones indicate that the platform does not pay out traders’ funds. We would advise against opening an account and trading here, and instead recommend opting for more reputable, licensed companies.
CapPlace is a scam! I transferred $5,000 to my account! Because they have a registration, a license, and the terms I liked! But when the terminal just froze and all my trades went into the red, I got nervous and went to read reviews again! And strangely enough, the reviews grew in number over a few days; more negative ones, although some positive too! I don’t know what to do now! There’s no money left in my account, and even lawyers are unlikely to help me with anything. I deposited the money myself and essentially traded myself.
I was scammed! Twice, in fact. First, they deducted the cost of insurance from my account, which no one had mentioned anywhere. Then the terminal started freezing, and I began to doubt the honesty of trading with CapPlace. As a result, I decided to withdraw at least the remaining $5,000. I submitted a withdrawal request, but the verification took several days. Then the request was stuck in processing for almost a week until I received an email saying I couldn’t withdraw that amount without paying taxes. I started arguing with support, which lasted almost a month, and one day my account just had $0. They told me it was due to account inactivity. These are scammers who will never return my money.