Ancor Capital Account Type

Ancor Capital offers three types of trading accounts: Silver, Gold, and Platinum. Each account type has different features, but specific details about the minimum deposit requirements and significant differences in services are not disclosed. The primary distinctions among the accounts appear to be the offered leverage and swap discounts. Notably, Platinum account holders gain access to webinars. Ancor Capital claims to provide exceptionally high leverage of up to 1:400, which raises concerns about credibility, especially within the European Economic Area where such leverage is typically not permitted. Unfortunately, spreads and commissions are not specified, making it difficult to assess the overall trading conditions favorably.

Ancor Capital Broker Account Opening Process

To open an account with Ancor Capital, users must follow a common registration process, which includes the following steps:

• Provide Personal Information: Fill out the required personal details.
• Select Account Type: Choose between Silver, Gold, or Platinum accounts.
• Agree to Terms and Conditions: Review and accept the terms.
• Confirm Your Account: Finalize the registration process.

A notable drawback of this process is the absence of standard email and phone verification steps, which are typically used to enhance security and validate user identities. After registration, users must undergo a verification process before accessing their client portal, which can be seen as an obstacle for traders.