Operating status: SCAM
On May 18, 2023, the Ontario Securities Commission (OSC) issued a warning against CapitalHub, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/capitalhub
CapitalHub fails to provide regulatory information and licensing data, a clear scam indicator suggesting that it is not supervised by any regulatory body. It is typical for legitimate brokers to prominently display their accreditation and licenses, whereas CapitalHub doesn't offer such information. In addition, the Ontario Securities Commission (OSC) has issued a warning against this broker, stating that it is not registered in Ontario to engage in the business of trading in securities.
In essence, CapitalHub is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
On June 28, 2023, the Financial Conduct Authority (FCA) issued a warning against CapitalHub, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/capitalhub