Forex Credicorp Capital Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

Credicorp Capital Trading Conditions

Registered Region Chile

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email comunicacioneschile@credicorpcapital.com

Contact Number +56224501600

Website www.credicorpcapital.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
Multiple account types catering to different trader profiles
Trading platforms: MT4 and MT5 with advanced features
Demo account available for practice trading
Flexible deposit and withdrawal options with various payment methods

Cons

Not regulated by any recognized financial authority
Limited range of trading instruments available
Withdrawal fees may apply, impacting overall cost
Lack of educational resources for traders
Potential issues with fund safety due to absence of regulation

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Credicorp Capital	CAPITARIA	Mercados G	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Chile	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Credicorp Capital Offer?

Account Type	Target User Group	Key Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Access to a wide variety of trading instruments	Suitable for small-capital practice
Professional Account	Experienced traders	Potential for higher leverage	May require trading volume qualifications
Corporate Account	Corporate clients	Customized services for businesses	Requires corporate documentation
Demo Account	All types of traders	Practice trading without risk	Perfect for testing strategies

Account Opening Process

To open an account with Credicorp Capital, clients must submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. The account structure is flexible, allowing for options such as upgrading to a professional account at a later stage if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive pricing on major pairs
CFDs (Stocks)	Varies	$0	Access to popular stocks
CFDs (Indices)	Varies	$0	Indices from major markets
CFDs (Commodities)	Varies	$0	Includes gold and oil
Cryptocurrencies	Varies	$0	Includes BTC and ETH

Other Fees

Additional fees may include deposit and withdrawal fees, inactivity fees, platform usage fees (if applicable), overnight interest (swap rates), and currency conversion fees.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Credicorp Capital User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Luis Martinez

Santiago, Chile

★ ★ ★ ★ ★

I faced significant issues with withdrawals. It took much longer than expected, and I was left feeling frustrated. I also found the customer support to be lacking in assistance during the process. I would not recommend trading here due to these concerns.

Maria Gonzalez

Valparaíso, Chile

★ ★ ★ ★ ★

I have been using Credicorp Capital for several months now and have found their trading platforms, especially MT4, to be user-friendly and effective. The execution speed has been satisfactory, and I appreciate the variety of trading instruments available.

Andres Ruiz

Concepción, Chile

★ ★ ★ ★ ★

My experience has been very disappointing. The lack of regulation raises a lot of concerns for me regarding the safety of my funds. I also encountered difficulties when trying to reach customer support. Overall, I do not feel secure trading with them.

Claudia Torres

La Serena, Chile

★ ★ ★ ★ ★

I switched to Credicorp Capital recently and I’m very pleased. The demo account feature helped me get started without any risk. The range of assets available is impressive, and the mobile app allows me to trade on the go with ease.

Chile Market