Equitrade Capital

Equitrade Capital Ltd is a UK-based financial services provider operating since the early 2000s and headquartered in Birmingham. Despite its longstanding presence in the market, its legitimacy raises notable concerns. The broker claims regulation by the UK's Financial Conduct Authority (FCA) under license number 577611. However, multiple industry warnings indicate this may be a suspicious or clone license, not officially valid—thus undermining regulatory trust. Attempts to verify compliance or licensing status are either inconclusive or alarming. Equitrade Capital offers trading in a range of instruments, including forex, CFDs, stocks, commodities, bonds, crypto, and spread betting. Account types cater to individuals, joint groups, and corporate clients. The firm presents itself as experienced, with bespoke support and personalized service. Despite this appearance, transparency is limited. Public information about trading conditions—such as minimum deposits, spreads, leverage, or execution practices—is accessible only after registration, making it difficult for prospective clients to evaluate the platform beforehand. User reviews are mixed: some claim positive experiences, while others report issues like slippage, opaque trades, difficulty withdrawing funds, and irregular account behavior. These discrepancies raise red flags about platform reliability and fund safety. In summary, while Equitrade Capital offers a diverse product range and claims UK regulation, its unclear compliance status, lack of accessible trading details, and mixed user feedback suggest high risk. Traders are advised to exercise caution and favor brokers with verifiable regulation and transparent practices.