ALBUS CAPITAL Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
Business
License
LFSA Suspicious Clone 
DO NOT TRADE HERE! The attractive trading conditions that the staff of ALBUS CAPITAL said at the beginning are all deceiving you. The only purpose is to let you invest more here, so that they can defraud you of more money. I know this because I was one of the victims. I hope my experience can help you guys...
Albus Capital, a forex broker that has been operating since 2013, has garnered mixed reviews in the trading community. While it claims to offer a range of trading services, significant concerns about its regulatory status and user experiences have emerged. This review aims to provide a comprehensive overview of Albus Capital's offerings, highlighting both its strengths and weaknesses based on recent findings.
Note: It is crucial to consider that Albus Capital operates under different entities across regions, which may lead to varying user experiences and regulatory oversight. Our approach to this review emphasizes fairness and accuracy by incorporating diverse sources of information.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 3 |
| Customer Service and Support | 2 |
| Trading Setup (Experience) | 3 |
| Trustworthiness | 1 |
| User Experience | 2 |
Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the broker's services.
Founded in 2013, Albus Capital claims to be authorized and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. However, reports indicate that the legitimacy of this regulation is questionable, with some sources labeling it as a "suspicious clone" license. Albus Capital primarily operates on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, offering access to forex trading and various currency pairs. Despite its claims, the broker's reputation has been marred by allegations of poor customer service and regulatory non-compliance.
Albus Capital operates under the jurisdiction of Labuan, Malaysia. However, recent investigations have raised concerns about the validity of its regulatory claims, suggesting that the company may not be adequately regulated. As per WikiFX, the regulatory address does not match the operational address, leading to suspicions about its legitimacy.
The broker accepts deposits in various currencies but does not prominently advertise specific cryptocurrencies for trading, which may limit options for crypto enthusiasts. The minimum deposit requirement is reported to be around $5,000, which is relatively high compared to other brokers in the industry.
Albus Capital requires a minimum deposit of $5,000 for individual accounts, which can be a barrier for many new traders. This high entry point may deter potential clients who are looking to start trading with smaller amounts.
There is limited information available regarding bonuses or promotional offers from Albus Capital. This lack of transparency could be a red flag for potential clients, as many reputable brokers provide clear details about their promotional offerings.
Albus Capital offers trading in a limited selection of currencies and currency pairs. The reported available pairs include major currencies like USD, EUR, GBP, and others, but the overall offering appears to be less comprehensive compared to competitors.
The trading costs associated with Albus Capital include a transaction fee of $16 per $100,000 traded, which is not competitive within the industry. Additionally, the spread information is vague, leading to uncertainty about the overall trading costs.
The broker offers a leverage ratio of 1:100, which is standard among many brokers but may not be sufficient for traders looking for higher leverage options. Such limitations can affect the trading strategies of more experienced traders.
Albus Capital supports trading on both MT4 and MT5 platforms, which are well-regarded in the trading community. However, the overall user experience on these platforms has been criticized for lacking essential tools and resources.
There is no clear information regarding restricted regions for Albus Capital, but given the regulatory concerns, potential clients should exercise caution and verify whether they are eligible to trade with this broker.
The primary language for customer support appears to be English, but reports indicate that customer service is lacking and often unresponsive, which can be frustrating for users seeking assistance.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 3 |
| Customer Service and Support | 2 |
| Trading Setup (Experience) | 3 |
| Trustworthiness | 1 |
| User Experience | 2 |
Account Conditions (4/10): Albus Capital's account conditions are not particularly favorable, with a high minimum deposit requirement and limited account types. This may deter new traders from engaging with the platform.
Tools and Resources (3/10): The tools and resources available on Albus Capital are limited, lacking the comprehensive educational materials and analytical tools that many traders expect from a broker.
Customer Service and Support (2/10): Customer service has been a significant concern, with numerous users reporting unresponsive support. This can lead to a frustrating trading experience, especially for those needing immediate assistance.
Trading Setup (Experience) (3/10): While the MT4 and MT5 platforms are robust, the overall trading experience is marred by regulatory concerns and a lack of transparency regarding fees and spreads.
Trustworthiness (1/10): Given the questionable regulatory status and numerous negative reviews regarding user experiences, trustworthiness is a significant issue for Albus Capital.
User Experience (2/10): The overall user experience is hampered by inadequate customer support and a lack of clarity regarding trading conditions, leading to a low rating in this category.
In conclusion, while Albus Capital presents itself as a forex broker with various offerings, significant concerns regarding its regulatory status and user experiences cannot be overlooked. Potential traders should approach with caution and conduct thorough research before engaging with this broker. The Albus Capital review highlights the importance of regulatory compliance and customer service in the trading industry, serving as a cautionary tale for those considering their services.
