About Capstock
Company Overview
Capstock is a Mauritius-based broker that presents itself as an STP (Straight Through Processing) broker offering online trading in forex and CFDs. The company's registered address is 6th floor, Office 5, 68 Wall Street, ABSA House, Ebene, 72201, Mauritius. According to our records, Capstock was established on 22 April 2020.
The broker operates the website capstock.mu and maintains a presence on Facebook. Its stated target audience includes both institutional and individual investors, and it emphasises providing award-winning platforms and risk management tools.
Regulation and Safety
Capstock claims on its website to be regulated by the Financial Services Commission (FSC) of Mauritius. However, our independent cross-check of regulatory records found no active licence on file for this entity. This discrepancy is a significant concern for traders, as the absence of verifiable regulatory oversight increases risk.
The broker does not disclose details about client fund segregation or compensation schemes. Given the lack of confirmed regulation, traders should exercise extreme caution and consider this a high-risk environment.
Trading Instruments and Conditions
Capstock offers forex trading on over 330 currency pairs, with spreads advertised from 1 point and leverage up to 500:1. It also provides CFDs on indices, commodities, treasuries, and stocks. The broker mentions an STP execution model with 100% automated execution.
Such high leverage is characteristic of unregulated or lightly regulated brokers and carries substantial risk of rapid losses. The minimum deposit is set at $500, which is relatively high compared to many retail brokers, potentially limiting access for smaller traders.
Account Types and Platforms
The broker offers at least one account type, referred to as the 'Capstock Trader Account', which can be denominated in EUR, USD, or GBP. Trading platforms include MetaTrader 5 (MT5) and a proprietary platform called Traderoom, designed for FX and CFDs. Web and mobile access are also mentioned.
MT5 is a widely respected platform offering advanced tools and automated trading capabilities. The availability of a proprietary platform may indicate an additional layer of control for the broker, but its reliability and security are unverified.
Deposits and Withdrawals
Capstock accepts deposits via credit/debit cards (Visa and Mastercard) with a 2% fee, and bank wire transfers. It offers two free withdrawals per year (above $50), after which fees may apply. The broker states that account opening and access are free.
Funding options are standard, but the 2% card fee is higher than average. The limited number of free withdrawals could be an inconvenience for active traders.
Target Audience
Capstock markets itself to both institutional and individual investors. Its high leverage and STP model may appeal to experienced traders seeking flexible trading conditions. However, the $500 minimum deposit and lack of regulatory verification make it less suitable for beginners or risk-averse traders.
The broker's claims of an 'award-winning platform' and strong compliance culture are not independently verifiable, and traders should weigh these statements against the absence of confirmed regulation.
Overview compiled by FXCanary from regulatory records and public data. full Capstock review