Abcapitals Reviews

At first, I was skeptical about the whole idea and the website itself.
been working with ABCapitals in the last 4 months and to be fair I am happy with the service and the returns as well.
fast withdrawals and good customer service.

Absolutely disgusted. They have Systematically drained my foolish husband if his whole retirement lump sum over 18m. Phoning him weekly and sucking money like the disgusting leeches they are. At what point do you stop draining people? When they are skint or when they are so ashamed at what they have done they try to kill themselves?? They should be ashamed [email protected] you should be ashamed.

Was skeptical at first, but my brother used to trade with them last year. I have to admit that i haven't made much, only 20% from my initial funds, but that more than Commonwealth Bank has ever given me hahahaha, I do think the spread for stocks could be less, in my opinion...

Andrew F., Castle Hill, Sydney

Basically a scam. High risks poorly explained.

The trick is that you don't actually buy any shares or assets - they just make it seem that way. So what you actually "buy" "commission free" is a so called Contract for Differences (CFD) (also see investopedia .com/terms/c/contractfordifferences.asp) - a highly complex and intransparent financial product which should be sold only to expert investors who understand the risks AND fees attached to it...

The fees are hidden in the so called spread. So you pay a higher price with etoro than you would pay on a "normal" marked, plus you do not own the asset (so also no dividends or anything alike).

To say "commission free" is thus basically a lie but not really cause the "spread" is not considered a "commission" I guess🤦‍♂️😤
Be very cautious and avoid

I joined about two months ago, won some trades and enjoy the platform very much

Almost took all my pension funds, Had to recover my money with kapitalrgeback.