Capitalcore Forex Broker

CapitalcoreBasic InformationRegistered CountriesSaint Vincent and the GrenadinesRegulationNo LicenseMinimum Deposit$10Maximum Leverage1:2000Minimum SpreadFrom 0.0 pipsTrading PlatformCapitalcore WebtraderTrading AssetsForex pairs, Commodities, Stocks, Futures Indices, and Cryptocurrencies, all offered as CFDs.Payment MethodsMasterCard, VISA, Ethereum, Perfect Money, Bitcoin, PayPal, NetellerCustomer SupportEmail, Phone, Live Chat, and Social MediaBonus AvailableYesDemo AccountYesCapitalcore Information Newly established in 2024, Capitalcore is an online forex broker registered in Saint Vincent and the Grenadines, which offers high leverage up to 1:2000 and a generous $100,000 demo account. Additionally, investors can benefit from competitive spreads without commissions. However, popular trading platforms like MT4/MT5 are not accessible at Capitalcore, for they only provide Capitalcore Exclusive Web trader. Although the broker claims on its homepage to be regulated by the IFSA, our on-site investigation at WikiFX has revealed that it does not hold any valid regulatory license.Pros and ConsProsConsExtremely high leverage of 1:2000No valid regulatory licenseFree VPS serviceNot provide MT4/MT5 connectionUp to 40% deposit bonusCharging withdrawal feesPopular payment methods availableRestricted countries including Afghanistan, Bangladesh, Belarus and so onProprietary trading platform available both web and app versionDemo account provided to refine trading strategiesAll of accounts are swap-freeIs Capitalcore Legit？ Trading with a regulated broker is a crucial step in safeguarding your funds. While this broker claims to be regulated by the IFSA on its official website, our verification has revealed that it is not overseen by a Tier-1 regulator within the European Union. IFSA, often based in offshore financial centers like Saint Vincent and the Grenadines, is typically associated with less stringent financial regulations. Unlike renowned regulatory bodies such as the US Commodity Futures Trading Commission (CFTC), the UK Financial Conduct Authority (FCA), or the Australian Securities and Investments Commission (ASIC), IFSA is generally considered to provide a lower level of investor protection.What Can I Trade on Capitalcore？ Capitalcore focuses on providing trading services for a wide array of financial instruments, such as Forex pairs (EURUSD, USDJPY, GBPUSD, AUDUSD, EURCHF), Commodities, Stocks, Futures Indices, and Cryptocurrencies, all offered as Contracts for Difference (CFDs).Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Cryptocurrencies✔Stocks✔ETFs❌Bonds❌Mutual Funds❌Trading Account Comparison Capitalcore's account types are primarily differentiated based on leverage, stop-out level, maximum number of positions, maximum credit, minimum deposit, and maximum lot size. And all the accounts are swap-free accounts and provide bonuses. Their demo accounts, which come with higher virtual balances, are a great way to experiment with different trading styles like swing trading and day trading without putting your capital at risk. How to choose a suitable account is based on the following factors:Trading ExperienceAccount SizeRisk ToleranceTrading Frequency and Volume Tailored for novice traders, the Classic account offers a high leverage of up to 1:2000, making it suitable for those with smaller capital. However, it has relatively lower limits on maximum positions and credit. Designed for seasoned traders with substantial capital, the VIP account provides the highest maximum positions and credit, along with dedicated customer service. Although its leverage is lower than the Classic account, it offers greater flexibility and resources for experienced traders. The Silver and Gold accounts cater to traders with intermediate experience, providing a balance between leverage, position limits, and credit. Account Comparison Table:Account TypeMax LeverageStop OutMax PositionsMax CreditMin DepositBonusMax Lot SizeClassic1:200030%10$500$10Yes1Silver1:100030%20$1,000$1,000Yes10Gold1:20010%100$1,500$5,000Yes100VIP1:10010%30$2,500$10,000Yes20 How to Open an Account with Capitalcore？ Opening an account with Capitalcore is an easy and simple process: 1. Click the “Sign Up” link, and fill up some required details on the popping-up page. 2. Upload your personal data for this company to verify your details. 3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.Capitalcore Fees Capitalcore does not charge commissions or swap fees. Instead, costs are primarily derived from spreads, which vary depending on the trading instrument and account type. For example, the spread for the EUR/USD currency pair is 1.5 pips for Classic and Silver accounts, 0.6 pips for Gold accounts, and 0.4 pips for VIP accounts.Trading Platform ReviewTrading PlatformSupportedAvailable DevicesCapitalcore Webtrader✔PCCapitalcore Mobile Platform✔Android or IOSMT4❌Desktop and mobile versionsMT5❌Desktop and mobile versionsDeposit & Withdrawal Review Investors can choose multiple payment methods from popular cryptocurrencies like Ethereum and Bitcoin, credit cards like MasterCard and Visa, or e-wallets like Perfect Money and PayPal. The minimum deposit amount depends on the selected method, ranging from $10 for cryptocurrencies and Perfect Money to $50 for MasterCard, Visa, and PayPal. Withdrawal requests for all e-wallet methods typically take between 1 and 24 business hours to process. While withdrawals are not processed on non-business days. Capitalcore provides a promotional discount of up to 10% for traders who fund their accounts using cryptocurrencies. The company reserves the right to impose a withdrawal fee ranging from 0 to 10%. This fee is determined based on factors such as the client's trading history, transaction history, and trading strategy. All withdrawals will be only paid to their source (where the deposit is coming from) , and profits will be disbursed by cryptocurrency or E-wallet.Payment MethodDeposit FeeWithdrawal FeeMin DepositMin WithdrawalPayPal0%From none to 5%$50$1Crypto Currency0%Network Fee ($20 fixed for BTC)$5$5Perfect Money1%Less than $50 = 0% Fee, More = 1% Fee$1$1Referral Program Capitalcore's IB rebate program offers a lucrative opportunity for Introducing Brokers seeking to earn additional income. By referring clients to brokerages, IBs can receive a percentage of the trading commissions generated by their referred accounts. Commission rates for some of their popular trading instruments:Forex Pairs (e.g., AUDCAD): $10 per standard lotIndices (e.g., US500 (S&P500)): $0.10 per index pointPrecious Metals (e.g., Gold): $10 per ounceStocks and Equities (e.g., Adobe): $0.10 per share For the complete commission schedule, please refer to their dedicated IB portal:https://Capitalcore.com/ibcomission/.Customer Support Options Capitalcore provides multiple channels for customer support, including phone, email, live chat, contact forms, and social media. While live chat is an option, initial inquiries are often handled by AI, making it difficult to reach a human representative promptly.Contact OptionsDetailsPhone+1 (623) 920-0100Emailinfo@Capitalcore.comOnline Chat✔Social MediaFacebook, Instagram, Twitter, etcSupported LanguageEnglishWebsite LanguageEnglishPhysical Address❌ Other contact methods：DepartmentHead of DepartmentEmailSkypeAccountingHead of Accountingaccounting@Capitalcore.comCapitalcore.accountingSupportHead of Supportsupport@Capitalcore.comsupport.CapitalcoreFAQs Does Capitalcore offer binary options？ No, Capitalcore does not provide binary options trading services. Are there any restricted countries for trading on Capitalcore？ Yes, there are certain restricted countries where Capitalcore does not offer its services. These countries include: Afghanistan, Bangladesh, Belarus, China, Iran, Kenya, Libya, Niger, Nigeria, North Korea, Pakistan, Palestine, Russian Federation, Somalia, South Africa, Sudan, Syrian Arab Republic, Ukraine, and Zimbabwe. Does Capitalcore offer an affiliate program？ Capitalcore currently does not offer “Commission Per Clients” or “Commission per registration” affiliate programs. Can I use MT4/MT5 indicators on the Capitalcore web trader？ No, MT4 and MT5 files are not directly compatible with the Capitalcore web trader.Risk Warning Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.