Make Capital forex broker provides various trading information, with an average trading speed of 326.3ms, a trading cost of AA, an average slippage of -0.1, a liquidation rate of %, a spread cost of 0.00, etc
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The foreign exchange (forex) market is a vital component of the global financial system, facilitating international trade and investment. As one of the largest financial markets in the world, it offers vast opportunities for traders to profit from currency fluctuations. Among the many forex brokers available, Make Capital Trade has emerged as a noteworthy player, providing a user-friendly platform for traders of all experience levels. This article aims to answer three core questions regarding Make Capital Trade:
Established | Regulatory Authority | Headquarters Location | Minimum Deposit | Leverage Ratio | Average Spread |
---|---|---|---|---|---|
2021 | Unregulated | Cayman Islands | $20 | 1:1000 | From 0.0 pips |
Make Capital Trade was established in 2021 and operates from the Cayman Islands. Despite its relatively recent entry into the market, it has quickly gained traction due to its competitive trading conditions. The minimum deposit requirement of $20 is significantly lower than many competitors, making it accessible for novice traders. The leverage ratio of 1:1000 is attractive for traders looking to maximize their exposure, although it does come with heightened risks.
When comparing average spreads, Make Capital Trade offers spreads from 0.0 pips, which is competitive within the industry. Many brokers typically offer average spreads starting from 1.0 pips, making Make Capital Trade an appealing option for cost-conscious traders. However, it is essential to note that the lack of regulatory oversight raises concerns about the broker's overall trustworthiness and the safety of client funds.
Make Capital Trade provides a proprietary trading platform designed to cater to both novice and experienced traders. The platform features an intuitive interface, advanced charting tools, and a range of technical indicators, making it suitable for various trading strategies. The platform also supports automated trading, allowing traders to implement expert advisors (EAs) without restrictions.
Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 30 | From 0.0 pips | 24/5 | None |
Minor Currency Pairs | 20 | From 1.0 pips | 24/5 | None |
Exotic Currency Pairs | 10 | From 2.0 pips | 24/5 | None |
Make Capital Trade offers a total of 60 currency pairs, including major, minor, and exotic pairs. The trading hours are flexible, allowing trades to be executed 24 hours a day, five days a week. With no commission charges on trades, traders can benefit from tighter spreads, especially on major currency pairs. The execution speed is reported to be rapid, with an average execution time of 1 millisecond. However, traders should remain aware of potential slippage during volatile market conditions, particularly during major news announcements.
In terms of security measures, Make Capital Trade claims to implement robust protocols for fund protection, including segregated accounts for client deposits. However, the absence of regulatory oversight means that there is no formal protection for traders, which could be a significant risk factor.
For traders looking to utilize Make Capital Trades platform effectively, a simple yet effective trading strategy is to implement a trend-following approach. This strategy involves identifying the prevailing trend in the market and entering trades in the direction of that trend. Traders can use technical indicators such as moving averages or the Relative Strength Index (RSI) to confirm trend direction and potential entry points.
In conclusion, Make Capital Trade presents a viable option for traders seeking low-cost entry into the forex market with competitive trading conditions. However, potential clients should weigh the benefits against the risks associated with trading with an unregulated broker. This platform may be particularly suitable for experienced traders who can manage risk effectively and are comfortable navigating a less regulated environment.
1. Is Make Capital Trade regulated?
No, Make Capital Trade is currently unregulated, which raises concerns about the safety of client funds.
2. What is the minimum deposit required to start trading?
The minimum deposit to open an account with Make Capital Trade is $20.
3. What trading platforms does Make Capital Trade support?
Make Capital Trade offers a proprietary trading platform designed for both novice and experienced traders, featuring advanced charting tools and automated trading capabilities.
Risk Warning: Trading forex involves significant risk and may not be suitable for all investors. Always ensure you fully understand the risks involved and only trade with funds you can afford to lose.
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