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Rating Index

Pros

Versatile trading options across multiple asset classes including forex, cryptocurrencies, and CFDs.

Well-designed user interface that enhances user experience and accessibility.

Excellent support for beginners, including training resources and personalized assistance.

Cons

High minimum deposit requirement of $250, which may deter new traders.

Unregulated status raises significant concerns about the safety and security of client funds.

Withdrawal processes can be slow and may incur fees, complicating access to funds.

Trade Capitol broker Accounts

Trade Capitol Account Type

Trade Capitol offers three types of trading accounts designed to cater to different levels of investors. The account types include:

Beginner Account

Minimum Deposit: $250
Leverage: Up to 1:100
Spread: Advertised as 0.1 pips, but actual spread may be around 3 pips.
Commission: None.

Premium Account

Minimum Deposit: $2,500
Leverage: Up to 1:200 - 1:300
Spread: Advertised as 1.1 pips.
Commission: None.

Business Account

Minimum Deposit: $25,000
Leverage: Up to 1:400 - 1:600
Spread: Floating from 1.3 pips.
Commission: None.

All accounts provide access to various trading instruments including forex, commodities, indices, and stocks, along with 24/5 customer support. However, it is important to note that Trade Capitol currently has no valid regulation, which presents a higher risk for investors.

Trade Capitol Broker Account Opening Process

Opening an account with Trade Capitol involves a straightforward process:

Select Account Type: Choose from the Beginner, Premium, or Business account based on your investment needs and capital.
Fill Out the Application: Complete the online application form with your personal information, including your name, email, and financial details.
Initial Deposit: Fund your account with the minimum deposit required for the selected account type ($250 for Beginner, $2,500 for Premium, or $25,000 for Business).
Verification: Submit any necessary identification documents as part of the verification process.
Start Trading: Once your account is funded and verified, you can begin trading on the webtrader platform.