ANSWER No, trading with Capitalwise is highly risky, as it is an unregulated trading platform whose unlicensed investment activities have been warned by a financial regulator, the Ontario Securities Commission (OSC). We strongly suggest you avoid it.Despite claiming to have an address in the UK, Capitalwise hasn't obtained the required authorization from the Financial Conduct Authority (FCA). In addition to the absence of any financial licenses, Capitalwise has been red-flagged by the OSC for conducting unauthorized businesses within this jurisdiction (the full OSC warning can be accessed here).In light of these warning signs, investors must steer clear of Capitalwise. If they trade with it, they will be exposed to fraud and identity theft, with no regulatory protections in place. This could be financially and personally devastating. To mitigate such risks, traders are advised to opt for fully regulated brokers.
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