ImportCapital Review

About ImportCapital

ImportCapital is not authorised or regulated by any recognised financial regulator. The UK Financial Conduct Authority issued a warning on February 9, 2023, stating that ImportCapital may be providing financial services or products in the UK without proper authorisation . The Spanish regulator, Comisión Nacional del Mercado de Valores (CNMV), issued a warning on May 22, 2023, indicating that ImportCapital is offering investment services without authorisation . The French financial markets authority (AMF) added ImportCapital to its warning list on October 12, 2023, for operating without authorisation .

ImportCapital claims to be operated by Incendiary Group Ltd, registered in the Commonwealth of Dominica. Dominica’s Financial Services Unit does not licence or supervise forex brokers, meaning ImportCapital operates without regulatory oversight. It offers account types such as Mini, Standard, Classic, VIP, and PRO, with a minimum deposit of USD 250 and maximum leverage up to 1:200. The platform promises MetaTrader access, but only delivers a basic web-based interface with spreads around 3 pips. Withdrawal processes reportedly involve significant delays and refusal, with reports of client funds being inaccessible following requests , .

Who it’s for

• This broker does not hold any valid regulatory authorisation in the UK, Spain, France, or Dominica.
• Trading platform provided is a proprietary web interface, not a legitimate MetaTrader version.
• Minimum deposit is USD 250, maximum leverage advertised up to 1:200, with reported spreads around 3 pips.
• Withdrawal conditions are unclear, with multiple reports of denied or suspended requests.