Make Capital Forex Broker

Make CapitalReview SummaryFounded2010Registered Country/RegionCayman IslandsRegulationASIC and FSCAMarket InstrumentsForex, Indices, Metals, Commodities, Cryptocurrencies, and StocksDemo Account\LeverageUp to 1:2000SpreadFrom 0.0 pips (ECN Account)From 1.0 pips (STD Account)From 1.9 pips (PLUS Account)Trading PlatformMT4, MT5Minimum Deposit$20Customer SupportLive chatEmail: services@makecapital.comAddress: Artemis House, Fort Street, Grand Cayman, Cayman Islands, KY1-11111Regional RestrictionThe United States, Israel, New Zealand, Iran, North Korea, Australia, and South Africa.Make Capital Information Founded in 2010 and registered in the Cayman Islands, Make Capital is a financial services company that is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Services Conduct Authority (FSCA) of South Africa. The company offers a variety of trading assets, including forex, indices, metals, commodities, cryptocurrencies, and stocks, supports MT4 and MT5 trading platforms, and offers five account types (ECN, STD, PLUS, CENT, and Swap-Free) to meet the needs of different traders. The minimum deposit is only $20, and the leverage ratio is flexible (up to 1:2000). However, the company does not provide services to some countries and regions.Pros & ConsProsConsRegulated wellRegional restrictionsSwap-Free Account availableNo demo accountMT4 and MT5 availableLack of payment informationVarious trading productsLive chat supportLow minimum deposit of $20Is Make Capital Legit? Make Capital is regulated in both Australia and South Africa: In Australia, MAKE CAPITAL PTY LTD is regulated by the Australian Securities and Investments Commission (ASIC) as a designated representative (AR), with license number 001307785; In South Africa, MAKE CAPITAL MARKET (PTY) LTD is regulated by the Financial Sector Conduct Authority (FSCA) and holds a financial services license, with license number 53179.Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense NumberAustralia Securities & Investment CommissionRegulatedMAKE CAPITAL PTY LTD.Appointed Representative(AR)001307785Financial Sector Conduct AuthorityRegulatedMAKE CAPITAL MARKET (PTY) LTDFinancial Service53179What Can I Trade on Make Capital? Make Capital offers a variety of trading assets, including Forex, Indices, Metals, Commodities, Cryptocurrencies, and Stocks.TradableInstrumentsAvailableForex✔Indices✔Metals✔Commodities✔Cryptocurrencies✔Stocks /Shares✔Bonds❌Options❌Funds❌ETFs❌Account Types Make Capital offers five types of live accounts: ECN Account, STD Account, PLUS Account, CENT Account, and Swap-Free Account.Account TypeMinimum DepositLeverageSpread fromCommissionBase CurrencyECN Account$20 USDUp to 1:20000.0 pips$5 / LotUSDSTD Account$20 USDUp to 1:20001.0 pipsNoneUSDPLUS Account$20 USDUp to 1:20001.9 pipsNoneUSDCENT Account$20 USDUp to 1:2000N/ANoneUSCSwap-Free Account$20 USDUp to 1:2000N/ANoneUSDLeverage Make Capital offers dynamic leverage for forex and gold from 1:100 to 1:2000 for greater market exposure with less capital. High leverage brings high returns but also high risks, so traders should be careful when trading. Make Capital provides fixed leverage for different asset classes, with a leverage of 100:1 for silver and energy, commodities, and 20:1 for cryptocurrencies, to ensure stable margin requirements and reduce the risk of unexpected margin calls.Fees Spreads: ECN accounts have the lowest spreads (0.0 pips), STD and PLUS accounts have spreads of 1.0 pips and 1.9 pips, respectively, and CENT and Swap-Free accounts have unspecified spreads. Commissions: ECN accounts charge $5 per lot, with zero commissions on all other accounts. Swap Fee: There is no swap fee for Swap-Free accounts; other accounts may charge swap fees, the specific rate needs to be further confirmed. Minimum Deposit: The minimum deposit for all accounts is $20 USD, and the threshold is consistent and low.Trading Platform Make Capital supports both MT5 and MT4 trading platforms and is suitable for traders of different experience levels: MT5 is for experienced traders, while MT4 is more suitable for newbies. Both platforms are available on desktop, mobile, and web.Trading PlatformSupported Available Devices Suitable for MT4✔Desktop, Mobile, WebBeginnersMT5✔Desktop, Mobile, WebExperienced tradersDeposit and Withdrawal The payment options, fees, and the processing time are not clear, and only the deposit and withdrawal steps are revealed on the official website. The withdrawal process is simple and quick; just click the 'Withdraw' button, enter the amount you wish to withdraw, and submit your request. After the request is submitted, the finance team will process the withdrawal within 1-3 business days and send a confirmation email. Customers can check their withdrawal records in the background at any time to understand the application status; if the application has not yet been processed, they can also cancel the request.