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Eurasia Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.ecforex.mn/security/en/register/member, about the company's legal and temporary regulatory information, the company's address 1011# 11 floor, Pearl tower, Juulchin gudamj, 3 khoroo, Chingeltei district, Ulaanbaatar, Mongolia (15172).

Eurasia Capital Forex Broker

Basic Information

Registered Region
Mongolia
Operating Period
--
Company Name
Eurasia Capital Holding UTSK JSC
Abbreviation
Eurasia Capital
Company employee
--
Customer Service Email Address
info@eurasiac.com
Contact Number
+97677771314
Company address
1011# 11 floor, Pearl tower, Juulchin gudamj, 3 khoroo, Chingeltei district, Ulaanbaatar, Mongolia (15172)
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name Eurasia Capital Registered Country/Area Mongolia Founded Year 2019 Regulation Unregulated Products & Services Corporate Development & Governance,Short-Term/ Long Term Financing,Institutionally Driven Sponsorship,Business DevelopmentServices:Business Credit Card Program,Personal Credit Card Program Term Loans Rate 5.49%-14.99% Customer Support Email:eurasiancapital@eurasiancapital.com,Phone:212.220.7108,Fax:212.220.7135 Educational Resources Blogs Overview of Eurasia Capital Eurasia Capital, founded in 2019 and based in Mongolia, is an unregulated financial services company. The firm offers a range of products and services including corporate development and governance, both short-term and long-term financing, institutionally driven sponsorship, and business development. Their term loans are available at rates ranging from 5.49% to 14.99%. Eurasia Capital provides customer support via email at eurasiancapital@eurasiancapital.com, phone at 212.220.7108, and fax at 212.220.7135. Additionally, they offer educational resources through their blogs. Regulation Status Eurasia Capital is unregulated, meaning it does not fall under the oversight of any financial regulatory authority. This status can affect the level of trust and security that clients might expect when engaging with the firm, as regulatory bodies typically enforce strict compliance standards to protect investors and ensure market integrity. Pros and Cons Pros Cons Various Trading Options Unregulated Diverse Customer Support Complex for Beginners Accessible Educational Resources Short History Pros: Eurasia Capital offers a variety of trading options, meeting diverse investment preferences and strategies, which can enhance investment opportunities for clients. The company provides robust customer support with multiple contact methods including email, phone, and fax, ensuring that clients can reach them easily in various ways. Furthermore, Eurasia Capital invests in accessible educational resources through blogs, which can help clients make informed decisions and keep them updated on financial trends and strategies. Cons: As an unregulated entity, Eurasia Capital may pose a higher risk to investors, as they do not adhere to the strict regulatory standards that govern more established financial institutions. This lack of regulation can be particularly problematic for ensuring client fund safety and operational transparency. Additionally, the services and offerings might be complex for beginners, making it challenging for novice investors to navigate their options effectively. Moreover, having been founded in 2019, the company has a relatively short history, which might not provide enough track record or assurance of stability and performance compared to longer-established firms. Products & Services The products offered by ECAP encompass various types of financing tailored to support different stages and needs of businesses. These include: Expansion Financing: Provided to rapidly growing companies that require capital to support their expansion when traditional bank financing is insufficient and secondary public offerings are premature. Management Buyout: Assistance is given to managers who wish to acquire businesses, including providing the necessary equity capital and helping organize additional financing. Early-Stage Financing: Capital is offered to early-stage companies with innovative products or services that show strong potential for rapid growth, contingent on proven customer demand and an experienced management team capable of significant sales and earnings. Recapitalization: Arranged for owners of small-cap companies who need liquidity but do not wish to sell their company, addressing their financial issues through recapitalization financing. Arranging Financing: ECAP engages with companies to understand their business thoroughly, assesses the viability of financing opportunities, and, if aligned with their investment interests, proceeds to arrange the necessary financing. This process includes initial screening, due diligence, legal documentation, and closing, which can generally be completed in weeks. Services: The Business Credit Card Program offers a suite of features designed to support businesses financially without stringent prerequisites. It provides an interest-free period of 6-12 months, allowing businesses to manage their finances without the immediate burden of interest payments. This program does not require a minimum operational history, making it accessible even to newer businesses. Additionally, it operates on a stated income basis with no upfront fees and reports exclusively to business credit bureaus, which helps in building a businesss credit profile without affecting the owner's personal credit score. To qualify, applicants need to have a personal credit score of 700 or higher across three bureaus and must be an established business entity. The Personal Credit Card Program is aimed at individuals looking to enhance their creditworthiness with national lenders. This program not only helps in building credit but also provides access to additional working capital, thereby increasing the user's eligibility for future funding opportunities. It is designed to maximize the amount of funding a person can receive, which can be instrumental in personal financial growth and business expansion. Similar to the business program, this service requires the applicant to have a personal credit score of 700 or higher in all bureaus, ensuring that only individuals with a solid credit background are considered. Term Loans The term loan offered features competitive interest rates ranging from 5.49% to 14.99%. This financing solution is designed with flexibility in mind, as it does not require a minimum operational history, making it accessible to newer businesses. The repayment structure is straightforward, with fixed monthly payments that simplify budgeting for borrowers. Additionally, there are no upfront fees, enhancing affordability. A notable feature of this term loan is its convertible debt option, which allows the loan to potentially convert into equity, offering flexibility for both the lender and borrower. Full liquidity is available immediately, ensuring that businesses can access the funds they need without delays. The process from application to funding is efficient, typically taking between 7 to 15 business days. Customer Support Eurasia Capital offers a comprehensive customer support system to accommodate its international clientele. Clients can contact the company through multiple communication channels, including phone at 212.220.7108 and fax at 212.220.7135. Additionally, general inquiries can be directed to their email at eurasiancapital@eurasiancapital.com. For more specific or detailed engagements, clients can reach out directly to key personnel: Jeff Stone, Managing Partner, at jeff@eurasiancapital.com; Ajay Ravan, Senior Vice President, at ajay@eurasiancapital.com; and Scott Gunn, Managing Partner, at scott@eurasiancapital.com. The company is based at One World Trade Center, Suite 8500, New York, NY 10007, providing a centralized location for its operations. Educational Resources In the blog of Eurasia Capital, placement agents are transforming investor services by expanding beyond their traditional roles. Today, they not only connect investors with opportunities but also provide strategic advice and market intelligence, becoming integral advisors in the capital raising process. To support this transformation, many firms offer educational resources such as blogs, webinars, and white papers, aimed at demystifying investment processes and market trends. This evolution enhances the investor's ability to make informed decisions, ensuring alignment with their long-term financial goals through various support and tailored insights. Conclusion Eurasia Capital, operating as an unregulated financial entity in Mongolia since 2019, offers a variety of financial services tailored to diverse business needs. With a focus on expansion financing, management buyouts, early-stage financing, recapitalization, and arranging financing, they provide strategic solutions that are designed to facilitate growth and stability for companies at different stages. Despite being unregulated, Eurasia Capital strives to maintain a robust customer support system and accessible educational resources, aiding clients in navigating their financial journeys effectively. FAQs Question: What services does Eurasia Capital offer? Answer: Eurasia Capital provides a range of financial services including expansion financing, management buyouts, early-stage financing, recapitalization, and arranging financing to support the growth and stability of various businesses. Question: What are the interest rates for Eurasia Capital's term loans? Answer: The interest rates for Eurasia Capital's term loans range from 5.49% to 14.99%, providing a variety of options depending on the creditworthiness and needs of the borrower. Question: How can clients contact Eurasia Capital for support? Answer: Clients can contact Eurasia Capital through multiple channels including email at eurasiancapital@eurasiancapital.com, phone at 212.220.7108, or fax at 212.220.7135. They can also reach specific senior members like Jeff Stone and Ajay Ravan directly through their provided email addresses. Question: What educational resources does Eurasia Capital provide? Answer: Eurasia Capital offers educational resources primarily through their blogs.

Eurasia Capital broker review

Rating Index

  

Eurasia Capital Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Eurasia Capital, founded in 2008, operates as a financial brokerage firm primarily based in Ulaanbaatar, Mongolia. The company is known for its role as a retail forex broker, catering mainly to the Mongolian market while also servicing clients from various regions globally. As a publicly listed company on the Mongolian Stock Exchange, Eurasia Capital has established itself as a significant player in the local financial landscape.

  The firm claims to be the first ECN broker in Mongolia and has positioned itself as a partner with Dukascopy Bank in Switzerland, which adds to its credibility in the eyes of potential clients. Over the years, Eurasia Capital has aimed to provide a range of financial services, including forex trading and investment advisory, reflecting its commitment to facilitating access to international financial markets for its clients.

  Eurasia Capital operates under the parent company Eurasia Capital Holding UTSK JSC, which oversees its various financial activities. The broker's business model focuses on retail forex trading, offering a variety of currency pairs and other financial instruments to its clientele. However, it is essential for potential investors to conduct thorough research and consider the regulatory environment surrounding the broker before engaging in trading activities.

  

2. Regulatory and Compliance Information

  Eurasia Capital operates without regulation from major financial authorities, which raises significant concerns regarding investor protection. The broker claims to be regulated by the Financial Regulatory Commission (FRC) of Mongolia; however, the credibility of this regulatory body is often questioned due to the lack of stringent oversight compared to more established regulators like the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC).

  Currently, there are no valid regulatory numbers associated with Eurasia Capital, and the absence of a robust regulatory framework means that client funds are not guaranteed or protected under any investor compensation schemes. This lack of regulation also implies that client funds are not held in segregated accounts, further increasing the risk associated with trading with this broker.

  Eurasia Capital has stated its compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, but the effectiveness and enforcement of these measures remain unclear. Clients should carefully consider these factors when deciding to invest with the Eurasia Capital broker.

  

3. Trading Products and Services

  Eurasia Capital offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to over 500 trading instruments, including major, minor, and exotic currency pairs. In addition to forex trading, clients can engage in trading Contracts for Difference (CFDs) across various asset classes such as indices, commodities, and stocks.

  The broker claims to have a diverse product offering that is regularly updated. However, specific details about the frequency of updates and the introduction of new products are not readily available. Eurasia Capital aims to cater to both retail and institutional clients, providing tailored services to meet the needs of different trading strategies.

  The broker's services also include automated trading solutions, which may appeal to clients looking for advanced trading technologies. However, potential clients should be cautious and ensure they understand the risks associated with trading products that may not be fully transparent.

  

4. Trading Platform and Technology

  Eurasia Capital offers a proprietary trading platform known as EC Forex, which is designed to accommodate the needs of its users. However, the platform's security has been called into question, with reports indicating potential vulnerabilities that could expose users to cyberattacks.

  The broker does not support well-known platforms such as MetaTrader 4 or 5, which are standard in the industry. This lack of compatibility may deter experienced traders who prefer the features and functionalities provided by these established platforms.

  For mobile trading, Eurasia Capital provides applications for both iOS and Android, allowing traders to manage their accounts and execute trades on the go. The execution model employed by the broker is primarily ECN, which facilitates direct market access and aims to provide competitive spreads.

  The broker's server infrastructure and technology are not extensively detailed in available resources, raising concerns about the overall reliability and performance of its trading platform. Additionally, there is limited information regarding API access and support for automated trading strategies.

  

5. Account Types and Trading Conditions

  Eurasia Capital offers various account types to cater to different trading needs, with the standard account requiring a minimum deposit of $100. The broker provides competitive trading conditions, including leverage of up to 1:200, which allows traders to amplify their positions.

  In addition to the standard account, the broker may offer advanced account types such as VIP or professional accounts, although specific details on these accounts are not widely available. The broker also claims to accommodate special account types, including Islamic accounts, which adhere to Sharia law.

  Eurasia Capital provides a demo account for clients to practice their trading strategies without risking real capital. The minimum trade size and overnight fees remain unspecified in the available resources, highlighting the need for potential clients to inquire directly with the broker for detailed information.

  

6. Fund Management

  Eurasia Capital supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies across account types, with the standard account starting at $100.

  Deposits are typically processed within a 2-hour timeframe, although specific fees associated with deposits are not clearly outlined in available documentation. Clients should be aware that withdrawal methods and restrictions are not transparently communicated, which may lead to complications when attempting to access funds.

  Withdrawal processing times are also reported to be within 2 hours, but there may be fees associated with these transactions. The broker does not provide a clear structure for withdrawal fees, which is a critical factor for clients to consider.

  

7. Customer Support and Educational Resources

  Eurasia Capital offers multiple support channels for its clients, including phone, email, online chat, and social media. The broker claims to provide customer support during standard business hours, but specific time zone coverage is not specified.

  The support team is reportedly available in Mongolian and may offer limited assistance in other languages, making it essential for international clients to verify the availability of support in their preferred language.

  Educational resources provided by Eurasia Capital include webinars, tutorials, and eBooks, aimed at enhancing the trading knowledge of its clients. Additionally, the broker offers market analysis services, including daily updates, news, and research reports to assist traders in making informed decisions.

  Trading tools such as calculators and economic calendars are also available, although the depth and quality of these resources may vary.

  

8. Regional Coverage and Restrictions

  Eurasia Capital primarily serves clients in Mongolia, reflecting its focus on the local market. However, the broker also accommodates clients from various regions, expanding its reach in the global trading community.

  The broker's regional offices are concentrated in Mongolia, but specific locations outside of the country are not disclosed. Notably, there are restrictions on providing services to clients from certain jurisdictions, including countries where trading regulations prohibit or restrict forex trading.

  Potential clients should verify whether their country of residence allows trading with unregulated brokers like Eurasia Capital, as this could pose significant risks to their investments.

  In conclusion, while Eurasia Capital presents itself as a provider of forex trading services, potential clients must exercise caution due to its unregulated status and the associated risks. Thorough research and consideration of the broker's offerings, regulatory compliance, and overall reputation are essential before engaging in trading activities.

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Eurasia Capital Forex Broker has an overall rating of 1.47, Regulatory Index 0.00, License Index 0.00, Business Index 6.66, Software Index 4.00 Risk Control Index 0.00.
Eurasia Capital