Capital Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://capitaltradeforex.com/Default.aspx, about the company's legal and temporary regulatory information, the company's address Satrio Tower 16th, Jl. Dr Satrio Kuningan, Jakarta.
Capital Trade is a forex broker that has made a name for itself in the online trading space. Established in an undisclosed year, the broker is purportedly based in the United States. The exact operational headquarters and primary office remain unclear, as various sources do not provide specific details. Capital Trade operates as a private entity rather than a publicly listed company.
The broker primarily serves retail clients and offers a range of trading services across multiple financial markets, including forex, indices, commodities, cryptocurrencies, stocks, and crude oil. With a focus on providing a diverse trading experience, Capital Trade has positioned itself to cater to both novice and experienced traders.
Throughout its operational history, Capital Trade has claimed to offer various trading instruments with leverage of up to 200:1 and floating spreads starting at 0.5 pips. However, the absence of concrete information regarding its management and operational milestones raises questions about its credibility.
Capital Trade operates under a business model that focuses on retail forex trading, providing clients access to a wide array of financial instruments through its trading platform. However, the lack of regulatory oversight and transparency in its operations has led to skepticism about its reliability.
Capital Trade is currently unregulated, which poses significant risks for potential investors. According to various sources, it is neither registered with a Level 1 regulator, such as the U.S. Commodity Futures Trading Commission (CFTC), nor does it hold licenses from Level 2 or Level 3 regulatory bodies. This lack of regulation means that Capital Trade does not offer the protections that regulated brokers are required to provide, such as client funds segregation and participation in investor compensation schemes.
The absence of a regulatory license raises concerns about the safety of client funds and the overall legitimacy of the broker's operations. Furthermore, there are no details available regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are critical for ensuring the security and integrity of financial transactions.
Due to its unregulated status, clients engaging with Capital Trade should exercise extreme caution. The lack of oversight means that there are minimal legal recourses available in case of disputes or issues with fund withdrawals.
Capital Trade offers a variety of trading products across different asset classes. The broker provides access to a significant number of forex currency pairs, including major, minor, and exotic pairs, catering to diverse trading strategies. Additionally, Capital Trade offers Contracts for Difference (CFDs) on various instruments, including:
The frequency of product updates and the introduction of new instruments remain unclear, as the broker does not provide transparent information on this aspect. Retail trading services are emphasized, but there is limited information on institutional client services or white-label solutions.
Capital Trade primarily utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and robust trading features. The broker does not appear to support MetaTrader 5 (MT5), which may limit trading options for clients seeking advanced functionalities.
The trading platform is accessible via web-based applications, allowing traders to engage in trading activities from any device with internet connectivity. However, details regarding the availability of mobile applications for iOS and Android devices are not explicitly mentioned.
In terms of execution models, Capital Trade's operational details suggest a combination of ECN and Market Making, but these claims lack verification due to the absence of regulatory oversight. The server locations and technical infrastructure supporting the trading operations are also not disclosed, which raises concerns about the broker's reliability.
Furthermore, there is no information available regarding API access or support for automated trading, which are increasingly important features for many traders.
Capital Trade offers several account types tailored to different trading preferences and experiences. The account types include:
Leverage is set at a maximum of 200:1 across different account types, allowing traders to amplify their positions. The minimum trade size and overnight fees are not clearly defined in the available information, which may affect traders' decision-making.
Capital Trade supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements vary by account type, with the standard account starting at €5,000.
The processing times for deposits are not explicitly stated, which can lead to uncertainty for clients looking to fund their accounts quickly. Additionally, any fees associated with deposits are not clearly outlined, potentially impacting the overall cost of trading.
Withdrawal methods and limits remain vague, with reports indicating that clients have faced difficulties when attempting to withdraw funds. The processing times for withdrawals are also not specified, which could lead to frustration for clients expecting timely access to their funds. The fee structure for withdrawals is similarly unclear, highlighting the need for greater transparency in financial operations.
Capital Trade offers customer support through various channels, including email and online chat. However, the absence of a dedicated phone line raises concerns about the availability of immediate assistance for clients. The service hours are not specified, leaving potential clients in the dark regarding when they can expect support.
The broker reportedly provides multi-language support, but specific languages offered are not disclosed. Educational resources available to traders include basic tutorials and market explanations, but there is limited information on the depth or quality of these materials.
Market analysis services, such as daily analysis, news updates, and research reports, are not prominently featured in the available information, which could hinder traders' ability to make informed decisions.
Capital Trade is purportedly active in several markets, primarily targeting clients in the United States. However, specific details about regional office distribution are not available.
The broker does not accept clients from certain countries, but the exact list of restricted regions is not provided. Special restrictions regarding specific trading practices or account types are also not mentioned, which could impact potential clients looking for clarity on their eligibility.
In summary, while Capital Trade aims to provide a broad range of trading options, the lack of regulatory oversight, transparency in operations, and clarity regarding account conditions raises significant concerns for prospective clients. It is advisable for traders to conduct thorough research and consider the risks involved before engaging with unregulated brokers like Capital Trade.
Exposure WikiFX Scam Alert: Beware of capitaltradeforex.com!!!
The British regulator FCA issued a warning against Capital Trade on September 21th!!!
Mery6825
Mexico
In October 2023 I started investing for the first time in Capitalix, as I was just beginning to learn, I only invested the minimum they required of me to open the account, which was $200, then they told me that if I wanted to obtain 20% profit on what I invested I had to invest $2,500, then they invited me to webinar and sessions where they sent you to call your advisor to tell you how to continue investing and I never saw the profit offered, during the following weeks my manager told me as always what I should invest in, Only when they realized that I was not investing more and that what I was doing was withdrawing (I managed to recover only $600, this year they made me invest in positions from the beginning that were negative and that they left me with no free available balance, at the pace of the days they informed me that something had happened in the market and that they had to close the account and that if I did not deposit $600 the account and my money would not be recovered. Of course, I did not invest more but now when I entered the account I had nothing and the positions were all closed and those thieves kept my money.
Exposure
2024-01-25