Red Flags
8
Stonewall Capital
Stonewall Capital’s questionable regulatory status and limited trading features underscore the importance of due diligence for investors considering engagement with the firm.
Quick summary on Stonewall Capital
Stonewall Capital, a forex trading company purportedly licensed by the Financial Sector Conduct Authority (FSCA) in South Africa, has come under scrutiny due to several concerning practices.
Regulatory Status and Compliance: While Stonewall Capital claims FSCA licensure, verification of this status is challenging due to inconsistencies in the FSCA’s database. Notably, the FSCA is known for its lenient regulatory standards, which may offer limited client protection compared to more stringent regulatory bodies. The company’s lack of guaranteed funds, segregated accounts, and negative balance protection further exacerbates concerns about its commitment to safeguarding client interests.
Trading Platform Limitations: Clients are provided with a proprietary web-based trading platform that lacks advanced tools, automated trading capabilities, custom indicators, and mobile accessibility. The absence of these features may hinder traders seeking a comprehensive and flexible trading experience.
Financial Requirements and Payment Methods: The company mandates a minimum deposit of $250, a threshold considered high compared to industry standards where many brokers offer entry with as little as $10. Payment options are limited to e-wallets like PerfectMoney and FasaPay, excluding more conventional methods such as wire transfers and cryptocurrencies, potentially restricting client convenience and flexibility.
Stonewall Capital’s ambiguous regulatory standing, coupled with its subpar trading platform and restrictive financial policies, raises significant concerns about its reliability and client commitment. Potential investors are advised to exercise caution and consider these factors thoroughly before engaging with the company.
Intel Reports
by: Aaron Foster
I trusted Stonewall Capital, but the moment I tried to withdraw my money, they vanished on me
by: Abigail Hayes
Deposited $250, but the platform was so basic, I couldn’t even use proper trading tools
by: Olivia Hill
Stonewall Capital doesn’t seem all that trustworthy. The platform and payment options are a letdown.
by: Anna Mitchell
I deposited $250 thinking I was joining a professional trading platform, but what I got was a slow, outdated web platform with almost no features. No custom indicators, no automated trading, and not even a mobile app! It was like...
by: Alexander Reed
They force you to use shady payment methods like PerfectMoney, making refunds impossible
by: Angela James
I thought I was dealing with a regulated broker, but after searching the FSCA database,I couldn’t find their license anywhere When I asked them for proof, they just dodged the question. That alone should have been my warning sign
by: Adrian Collins
No mobile access and no automated trading? How are they even calling themselves a real broker?
by: Anthony Martinez
Withdrawing my money has been an absolute nightmare. First, they told me there was a ‘technical issue.’ Then, they asked for ‘extra verification.’ Now, they just ignore my messages. I don’t think I’ll ever see my money again
by: Aiden Murphy
Withdrawing money shouldn’t be this hard. I’ve been waiting for weeks with zero updates
by: Ashley Wright
Most brokers have segregated accounts to protect client funds but Stonewall Capital doesn’t That means your money isn’t safe, and if they go under, you’ll never see a cent of it again.
by: Alice Russell
No negative balance protection means you could lose more than you invested – extremely risky
by: Audrey King
I was shocked to learn they don’t offer negative balance protection. That means if a trade goes bad, you could end up losing more than you actually deposited! I’ve never seen a reputable broker do this
by: Adam Bennett
They claim to be regulated, but I couldn’t verify anything – huge red flag
by: Amelia Gonzalez
I regret ever signing up. The platform is slow, buggy, and missing key features
by: Leo Miller
Stonewall Capital's questionable regulatory standing and inadequate trading platform suggest potential risks for investors
by: Andrew Perry
It’s 2025 and they don’t even offer proper mobile trading? That says everything you need to know
by: Ryan Clark
Regulatory issues and a weak platform? Definitely not a company to jump into without a lot of caution.
by: Addison Carter
FSCA regulation? I checked, and I couldn’t find them listed – feels like they’re misleading people.