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Pros

High leverage ratios of up to 1:500, appealing to traders seeking high-risk investment opportunities.
Decent minimum deposit requirement starting at $200, which is competitive in the industry.
Offers a demo account for practice trading, allowing potential clients to test the platform before committing real funds.

Cons

Unregulated broker, lacking oversight from recognized financial authorities, which raises concerns about the safety of funds.
Confusing corporate information with multiple claims about ownership and operational structure, leading to potential trust issues.
Blacklisted by regulatory bodies like Consob, indicating serious concerns about its legitimacy and operations.

FIRST CAPITAL broker Accounts

First Capital Account Type

First Capital offers a variety of trading accounts tailored to meet the needs of different traders. Here are the main account types available:

  • Starter Account
    • Minimum Deposit: $1,000
    • Instruments Available: More than 100
    • Commission: Zero commission on trades
    • Trade Limit: Up to 5 trades per day
    • Spreads Type: Variable, raw market spread
    • Silver Account
      • Minimum Deposit: $50,000
      • Instruments Available: More than 100
      • Commission: Zero commission on trades
      • Trade Limit: Up to 15 trades per day
      • Spreads Type: Variable, raw market spread
      • Advanced Trading Accounts
        • Leverage Options: Available with higher leverage for advanced traders
        • Trading Conditions: Designed to suit experienced traders with tailored features

        These account types allow traders to select the one that best fits their trading style and experience level.

        First Capital Broker Account Opening Process

        Opening an account with First Capital is a straightforward process. Here are the steps to follow:

        • Visit the Website: Go to First Capital's official website.
        • Fill Out the Registration Form: Provide the required information, including:
          • First and Last Name
          • Email Address
          • Phone Number
          • Address
          • Country
          • Password
          • Age Verification: Confirm that you are at least 18 years old and agree to the terms and conditions.
          • Registration Completion: Once you submit the form, your account will be registered immediately.
          • Document Verification: You can provide the necessary documentation for account verification later when you decide to continue using the broker's services.
          • This simple process ensures that traders can quickly access the trading platform and start their investment journey.

FIRST CAPITAL accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FIRST CAPITAL Account