CAPLITA Review

About CAPLITA

Regulators have issued warnings concerning CAPLITA and caplita.com. The Belgian Financial Services and Markets Authority (FSMA) listed Caplita in a warning on fraudulent online trading platforms published on November 23, 2022; the IOSCO record classifies it as an unregistered or unlicensed entity offering financial products or services and assigns warning ID 22909. The Dutch Authority for the Financial Markets (AFM) also issued a warning concerning Caplita on November 23, 2022, while stating that Caplita had no AFM licence or European Passport.

The British Columbia Securities Commission (BCSC) published an investment caution warning on March 23, 2023. It stated that Caplita claimed to offer investment assistance, an online trading environment, personal account managers, and trading in stocks, indices, forex, cryptocurrency, and commodities; the BCSC also stated that Caplita was not registered to trade in or advise on securities or derivatives in British Columbia. The domain identified by the regulator was caplita.com.

Pros and cons

Pros

• The BCSC warning records that the platform claimed to provide access to several asset classes, including stocks, indices, forex, cryptocurrency, and commodities.

Cons

• Caplita is subject to warnings from multiple financial regulators.
• The AFM stated that Caplita had no AFM licence or European Passport.
• The BCSC stated that Caplita was not registered to trade in or advise on securities or derivatives in British Columbia.
• The IOSCO record classifies Caplita as an unregistered or unlicensed entity offering financial products or services.