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What documents are needed when opening an account with Cap House?
Tim Capell
Germany
2024-06-26
ANSWER It is strongly advised against opening an account with Cap House, an unregulated broker.Cap House claims to be a reliable broker by showcasing an incorporation certificate from Saint Lucia. However, such a registration does not equate to financial certification, licensing, or regulation. A search for Cap House in the Financial Services Regulatory Authority (FSRA) database yielded no matching information. Additionally, it is important to note that Saint Lucia does not authorize foreign exchange trading.Given these factors, Cap House should be approached with caution, as it exhibits characteristics that are commonly associated with untrustworthy operations. Investors should stay away from unregulated brokers like Cap House and instead opt for fully regulated ones.
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Can I trade with Cap House?
Tim Capell
Germany
2024-05-16
ANSWER We strongly advise against engaging with Cap House, a broker appears to be operating in an unregulated environment.Despite the broker's claims of being registered in St. Lucia and presenting an incorporation certificate as proof of its legitimacy, it's important to understand that it must obtain a license from the Financial Services Regulatory Authority (FSRA) before it can solicit investors. The FSRA has clearly stated that forex trading activities are not licensed within this jurisdiction, and we have found no specific regulations in St. Lucia pertaining to derivatives trading. As a result, it appears that Cap House may be offering financial services outside the regulatory framework, which poses additional risks to investors.To protect yourself from potential fraud, we recommend avoiding unlicensed brokers like Cap House. Instead, opt for fully regulated brokers to minimize such risks. This approach will provide a safer investment environment.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.