Rotten Tomatoes caught up with Doug Jones, who is playing The Silver Surfer in the Fantastic Four sequel. He confirmed that the character is not being done using motion capture:
“The good thing is that somebody from MTV put a story out, they were doing a set visit and they told something they probably shouldn’t have and that’s when I walked on set, they said, ‘And then Silver Surfer walked in the studio door. The hush fell over the crowd’ or whatever he said. But he reported that the Silver Surfer was dressed in dark grey muscle and shrouded in a black hooded cape to keep him from the public or something like that.”
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Source: Advanced Dark