CapPlace Forex Broker

CapPlace Review SummaryFounded2006Registered Country/RegionComoros UnionRegulationUnregulatedMarket InstrumentsForex, Commodities, Indices, Shares, Cryptocurrencies, MetalsDemo Account✔LeverageUp to 1:200SpreadFrom 1.4 pipsTrading PlatformMetaTrader 5 (web and mobile), Proprietary WebTrader, TradingView integrationMin Deposit$100Customer SupportPhone: +815031264259, +918657938588; Email: support@capplace.com; 24/7 Online Chat: AvailablePhysical AddressBonovo Road, Fomboni, Comoros, KMCapPlace Information CapPlace is set up in 2006. It is a CFD broker providing access to forex, commodities, cryptocurrencies, and more. It offers customizable accounts and advanced tools. A key drawback is limited regulation.Pros and ConsProsCons3 different accountsLimited to CFD products onlyOver 300+ trading assetsUnregulatedHigher spreads(from 1.4 pips)Is CapPlace Legit? CapPlace is currently unregulated.What Can I Trade on CapPlace? CapPlace offers over 300+ CFD products across multiple markets.Tradable InstrumentsSupportedForex✔Cryptocurrencies✔Commodities✔Indices✔Shares✔Metals✔ETFs❌Account Types CapPlace provides three real account types: Silver, Gold, and Platinum, also a demo account for practice.Account TypeMinimum DepositKey FeaturesBest ForSilver$100Basic tools and supportNewcomersGold$500Lower spreads, enhanced toolsIntermediate tradersPlatinum$5,000Premium support, custom analyticsExperienced tradersLeverage CapPlace provides all 1:200 leverage for each account type.Account TypeLeverageSilver1:200Gold1:200Platinum1:200CapPlace Fees CapPlaces spreads start from 1.4 pips on Silver accounts, with Gold and Platinum accounts offering 40% and 60% discounts, respectively. Also, the stop-out of each level is all 5%.Account TypeSpreadStop-out LevelCommissionSilver1.4 pips5%NoneGold0.84 pips5%NonePlatinum0.56 pips5%NoneTrading Platform CapPlace offer its unique CapPlace mobile app to users.Trading PlatformSupportedAvailable DevicesSuitable ForCapPlace mobile app✔MobileExperienced tradersDeposit and Withdrawal CapPlace does not mention the details of deposit and withdrawal.