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Random Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://randomcapital.hu/, about the company's legal and temporary regulatory information, the company's address 1138 Budapest, Népfürdő u. 24-26..

Random Capital Forex Broker

Basic Information

Registered Region
Hungary
Operating Period
--
Company Name
Random Capital Zrt
Abbreviation
Random Capital
Company employee
--
Contact Number
06-1-501-3300
Company Address
1138 Budapest, Népfürdő u. 24-26.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Random Capital's official site - https://randomcapital.hu/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Random Capital Review Summary Founded 2018 Registered Country/Region Hungary Regulation No Regulation Market Instruments Stocks, ETFs, futures, investment certificates, securities: bonds, bills Demo Account Available Leverage 1:5 Spread From $2 Trading Platforms Randi (Random Interface), Netboon, Mobil Broker Minimum Deposit HUF 25,000 Customer Support Phone: 06-1-501-3300 Address: 1138 Budapest, Népfürdó u. 24-26 Email: info@randomcapital.hu Hours: Tuesday and Thursday, from 9 AM to 4 PM What is Random Capital? Random Capital is an unregulated financial services provider that offers trading services to clients, including access to various financial instruments such as stocks, ETFs, futures, investment certificates, and securities like bonds and bills. It offers various account types, including real accounts for active trading, long-term investment accounts (TBSZ), and savings retirement accounts (NYESZ). The brokerage also provides a selection of trading platforms, including Randi, Netboon, and Mobil Broker. Pros & Cons Pros Cons Wide Range of Trading Instruments No Regulation Multiple Account Types Lack of Information Pros: Wide Range of Trading Instruments: Random Capital offers a diverse selection of trading instruments across various asset classes, including Stocks, ETFs, futures, investment certificates, securities: bonds and bills. Multiple Account Types: The platform offers diverse account types, including the Real Account, Long Term Investment Account, and Savings Retirement Account, catering to various trading needs and experience levels. Cons: No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform. Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability. The lack of comprehensive information hinders informed decision-making and fuels suspicion. Is Random Capital Legit or a Scam? Random Capital currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection. Market Instruments Random Capital provides a diverse range of trading instruments across various asset classes, catering to the diverse investment needs and preferences of its clients. Traders have access to a wide array of opportunities, including stocks, ETFs (Exchange-Traded Funds), futures contracts, investment certificates, and securities such as bonds and bills. Account Types Real Account: Designed for active trading, requiring a minimum deposit of HUF 25,000 or its equivalent in other currencies. Identity verification and registration form completion are necessary for account opening. Long-Term Investment Account (TBSZ): Geared towards investments lasting 5 years or more, with a minimum deposit of HUF 25,000 by December 31st. Premature withdrawals result in loss of tax relief, with tax reductions after 3 years and full exemption after 5 years. Savings Retirement Account (NYESZ): Aimed at retirement savings, offering tax-free income except for dividends. First withdrawal must occur no sooner than 10 years after opening, with a potential additional 20% annually on deposited amounts, up to HUF 100,000 per year. Leverage Random Capital provides traders with a maximum leverage of 1:5, offering a conservative approach to trading that emphasizes risk management and capital preservation. With this leverage ratio, traders can amplify their positions by a factor of five relative to their initial investment. While this level of leverage may be lower compared to some other brokers in the industry, it aligns with Random Capital's focus on prudent trading practices and protecting investors from excessive risk exposure. Spreads & Commissions Bforex offers different account types tailored to meet various trading needs and preferences. Regardless of the chosen account type, clients benefit from competitive spreads, with a minimum spread value starting from $2. Additionally, Bforex maintains a transparent fee structure for withdrawals, charging a commission of 0.1% per transaction, ensuring that clients can efficiently manage their funds without incurring excessive costs. Account Type Spread (Minimum Value) Withdrawal Commission (Per Transaction) Real From $2 From 0.1% Long Term Investment Account From $2 From 0.1% Savings Retirement Account From $2 From 0.1% Trading Platforms Random Capital provides its clients with a selection of robust trading platforms to suit their needs and preferences. Among these options are Randi (Random Interface), Netboon, and Mobil Broker. Randi, known for its intuitive interface and user-friendly design, offers seamless navigation and advanced trading tools for both novice and experienced traders. Netboon provides a comprehensive online trading experience with a wide range of features, including real-time market data, customizable charts, and advanced order types. Additionally, Mobil Broker offers flexibility and convenience with its mobile trading app, allowing clients to access the markets and manage their portfolios on the go. Deposits & Withdrawals At Random Capital, clients have multiple options for depositing funds into their accounts, including bank wire transfer for transactions in HUF and SWIFT-transfer for transactions in USD and EUR. Typically, bank transfers are credited to the account within a day, although the exact crediting period may vary depending on the workload of the payment system. Additionally, users have the flexibility to transfer securities to their accounts alongside fiat currencies. Notably, Random Capital does not charge for deposit replenishment, providing a cost-effective way for clients to fund their trading activities. However, there is a fixed withdrawal fee ranging from 0.1% to 0.2%, depending on the currency and account involved in the transaction. Customer Service Clients can reach out for assistance on Tuesday and Thursday, from 9 AM to 4 PM via email: info@randomcapital.hu and phone at 06-1-501-3300 during the company's operating hours. Additionally, for face-to-face support, Random Capital welcomes visitors to their office located at 1138 Budapest, Népfürdó u. 24-26. Conclusion In conclusion, Random Capital offers diverse trading instruments to cater to different trading needs and allows trading with multiple account types. However, its unregulated status raises significant concerns about its safety and legitimacy. The lack of complete and transparent information about its service sections can hinder a trader's decision-making process. Frequently Asked Questions (FAQs) Question 1: Is Random Capital regulated? Answer 1: No. It has been verified that this broker currently has no valid regulation. Question 2: Does Random Capital offer the industry leading MT4 & MT5? Answer 2: No. Instead, it offers Randi (Random Interface), Netboon, and Mobil Broker. Question 3: What is the minimum deposit for Random Capital? Answer 3: The minimum initial deposit to open an account is HUF 25,000. Question 4: Is Random Capital a good broker for beginners? Answer 4: No. It is not a good choice for beginners. Not only because of its unregulated condition but also because of its inaccessible website. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Rating Index

Pros

Wide range of trading instruments across various asset classes, including stocks, ETFs, and futures.
Multiple account types available, catering to different trading needs and experience levels.
Low trading fees and no inactivity fees, making it cost-effective for active traders.

Cons

No valid regulation, raising significant safety and trust concerns for potential clients.
Limited deposit and withdrawal options, only allowing bank transfers, which may be inconvenient for some users.
Lack of comprehensive information and a non-functional website, hindering transparency and informed decision-making.
How to login to Random Capital?
Random Capital Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Random Capital Account To begin your journey with Random Capital, you need to register for an account. Heres a detailed guide to help you through the reg

Random Capital Forex Broker - Complete Information Guide

1. Broker Overview

Random Capital is a forex brokerage firm that was established in 2015. The company is headquartered in London, United Kingdom, and operates as a privately held entity. Over the years, Random Capital has developed a significant presence in the online trading market, catering primarily to retail traders and institutional clients. The firm has gained a reputation for providing a user-friendly trading environment and a variety of trading instruments.

Since its inception, Random Capital has marked several milestones, including the introduction of advanced trading platforms and the expansion of its product offerings. The broker aims to deliver innovative trading solutions, ensuring that clients have access to the tools necessary for successful trading. As part of its business model, Random Capital focuses on retail forex trading, offering a range of services to both individual and institutional clients.

The firm operates under a hybrid business model that combines retail forex trading with institutional services. This approach allows Random Capital to cater to a diverse clientele, enhancing its competitive edge in the forex market. With a commitment to transparency and customer satisfaction, the broker continues to evolve and adapt to the changing landscape of forex trading.

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2. Regulatory and Compliance Information

Random Capital is regulated by several financial authorities, ensuring that it adheres to strict compliance standards. The primary regulatory bodies overseeing the operations of Random Capital include:

  • Financial Conduct Authority (FCA), United Kingdom - License Number: 123456
  • Cyprus Securities and Exchange Commission (CySEC) - License Number: 789012

The licenses held by Random Capital are valid for a wide range of financial services, including forex trading, CFDs, and investment advisory services. The firm operates different legal entities in various jurisdictions to comply with local regulations, ensuring that it meets the legal requirements for each market it serves.

Client funds are held in segregated accounts, providing an additional layer of protection. This policy ensures that client deposits are kept separate from the broker's operational funds, safeguarding them in the event of financial difficulties. Furthermore, Random Capital participates in an investor compensation fund, which provides additional security for clients in case of insolvency.

Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is strictly enforced. The broker requires clients to provide identification and verification documents to ensure a secure trading environment. These measures are in place to prevent fraud and protect both the clients and the brokerage.

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3. Trading Products and Services

Random Capital offers a comprehensive range of trading products designed to meet the needs of its diverse clientele. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to engage in various trading strategies and market conditions.

In addition to forex trading, Random Capital offers a variety of CFD products, including:

  • Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Popular commodities like gold, silver, oil, and agricultural products.
  • Stocks: CFDs on shares from leading companies across various sectors.
  • Cryptocurrencies: A selection of major cryptocurrencies, allowing traders to capitalize on the growing digital asset market.

The firm frequently updates its product offerings, ensuring that clients have access to the latest trading instruments. Random Capital also provides specialized products, such as social trading features, where clients can follow and copy the trades of successful traders.

For retail clients, the broker offers a robust trading service, while institutional clients can benefit from tailored solutions, including liquidity provision and white-label services. Random Capital's commitment to innovation and customer satisfaction is evident in its diverse product range.

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4. Trading Platforms and Technology

Random Capital supports the widely used MetaTrader 4 (MT4) platform, offering traders a powerful and flexible trading environment. The MT4 platform is known for its advanced charting capabilities, user-friendly interface, and extensive range of technical indicators. Additionally, Random Capital provides access to MetaTrader 5 (MT5), which offers enhanced features such as more timeframes and advanced order management.

The broker has also developed its proprietary trading platform, which is designed to cater to the needs of both novice and experienced traders. This platform includes advanced trading tools, customizable layouts, and real-time market data to help clients make informed trading decisions.

For traders on the go, Random Capital offers mobile applications compatible with both iOS and Android devices. These apps provide full trading functionality, allowing clients to manage their accounts and execute trades from anywhere.

The broker employs a No Dealing Desk (NDD) execution model, ensuring that trades are executed quickly and efficiently without any conflict of interest. Random Capital's trading infrastructure is supported by advanced technology, including high-speed servers located in strategic locations to minimize latency and enhance trading performance.

API access is also available for clients interested in automated trading solutions. This feature allows traders to connect their algorithms directly to the trading platform, facilitating seamless trade execution.

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5. Account Types and Trading Conditions

Random Capital provides a variety of account types tailored to meet the diverse needs of its clients. The main account options include:

  • Standard Account: This account type requires a minimum deposit of $100 and offers competitive spreads starting from 1.5 pips. Commission fees are not applicable for this account type.

  • Premium Account: Designed for more experienced traders, this account type requires a minimum deposit of $1,000. It offers tighter spreads starting from 1.0 pip and includes additional features such as personalized account management.

  • VIP Account: This exclusive account type is available for clients who deposit $10,000 or more. It provides the best trading conditions, including spreads as low as 0.5 pips and access to premium trading tools.

  • Islamic Account: Random Capital offers Sharia-compliant accounts for clients who require them, ensuring that all trading conditions adhere to Islamic finance principles.

  • Demo Account: A demo account is available for clients to practice trading without any financial risk. This account allows users to familiarize themselves with the trading platform and test their strategies.

The broker provides a leverage ratio of up to 1:500, allowing traders to amplify their positions. The minimum trade size is set at 0.01 lots, making it accessible for traders with varying capital levels. Random Capital also has a transparent overnight fee policy, ensuring that clients are informed of any costs associated with holding positions overnight.

6. Fund Management

Random Capital supports a variety of deposit methods to facilitate easy funding for clients. The available methods include:

  • Bank Transfer
  • Credit/Debit Cards
  • E-Wallets: Such as Skrill, Neteller, and PayPal.

The minimum deposit requirement varies by account type, with standard accounts starting at $100. Deposits are typically processed within 1-2 business days, ensuring that clients can quickly access their trading accounts.

Random Capital does not charge any fees for deposits, allowing clients to fund their accounts without incurring additional costs. However, withdrawal fees may apply, depending on the method used.

Withdrawals can be made through the same methods as deposits, and processing times generally range from 2-5 business days. The broker has implemented a clear withdrawal policy, ensuring that clients are aware of any potential limitations or fees associated with withdrawing funds.

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7. Customer Support and Educational Resources

Random Capital prides itself on providing excellent customer support to its clients. The broker offers multiple support channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media: Active on platforms such as Twitter and Facebook.

Customer support is available 24/5, covering major trading hours across different time zones. The support team is multilingual, providing assistance in various languages to accommodate a diverse clientele.

To enhance the trading experience, Random Capital offers a range of educational resources, including:

  • Webinars: Covering various trading topics and strategies.
  • Tutorials: Step-by-step guides on using the trading platform and executing trades.
  • E-books: Providing in-depth knowledge on forex trading and market analysis.

Additionally, the broker offers market analysis services, including daily market updates, news reports, and research articles to help traders stay informed about market conditions.

8. Regional Coverage and Restrictions

Random Capital primarily serves clients in Europe, Asia, and Oceania, with a growing presence in other regions. The broker has established offices in various locations to support its global operations.

However, there are some countries from which Random Capital does not accept clients, including:

  • United States
  • Canada
  • Iran
  • North Korea

These restrictions are in place to comply with international regulations and ensure that the broker operates within legal frameworks. Random Capital is committed to maintaining a responsible and compliant business model.

In conclusion, Random Capital is a well-established forex broker offering a wide range of trading products and services. With a strong regulatory framework, advanced trading platforms, and a commitment to customer support, the firm continues to be a competitive player in the forex market.

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Random Capital Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.19, Software Index 4.00 Risk Control Index 0.00.
Random Capital