Main Report
I switched over to Kcapital a couple of months ago because they were making a big push across social media channels, promising incredibly tight institutional spreads for active retail scalpers.
Everything felt fine early on. The interface is quite clean, and executing trades during normal sessions was fast. I managed to lock in roughly $3,400 in net profits last week when the market was moving aggressively on economic news.
The real headache began the moment I tried to clean out a portion of those profits. When I went into the user portal, the withdrawal request button was completely greyed out and unclickable. I reached out to their customer desk and they gave me a vague excuse about an automated backend compliance hold, claiming I had to wait for a routine manual balance audit.
Now things have taken a massive turn for the worse because European financial regulators have officially blacklisted and blocked their main domains for operating completely unlawfully without a license. Customer service has completely gone dark on my emails. If you have open balances with Kcapital, be extremely cautious. It looks like they intentionally lock up funds the second a retail trader strings together a few solid wins.
Discussion
No comments yet. Start the discussion below.