Think of trading on Captrader.financial platform? Is this broker a reliable broker to trust? You seem to be uncertain about the broker let’s read Captrader Financial reviews to know about this forex broker whether to use or not.
This content promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
About Captrader Financial FX
Captrader Financial FX otherwise known as Captrader.financial is an offshore brokerage with an open presentation of promises for forex traders. The forex company has its office addresses in the United Kingdom.
There are different account packages offered by the broker. See below —
Further, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices. Also, it presents a zero spread difference in Buy/Sell.
Captrader Financial FX Minimum Deposit?
Captrader Financial FX deposit is indicated $250 based on the account type. In comparison, a licensed FX broker clearly spells out its regulation and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.
As for the funding methods, the broker claims to accept deposit via wire transfer and credit cards. But after logging into the dashboard, it becomes clear that the only payment method available is cryptocurrencies.
Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
Captrader Financial withdrawal says nothing on specific information regarding withdrawal fee and processing days on withdrawal request. The broker provides no clear description on trade requirements that must be met before a withdrawal.
Captrader Financial Platform:
Captrader Financial openly uses a simple web-based platform. However, that cannot be compared with industry standard softwares MT4 and MT5.
Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.
Captrader Financial leverage can get up to 1:200. Honestly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
What We Discovered about Captrader.Financial Broker
First of, we find no information on the Captrader Financial website as to who the owner company is and where it is based. Worse of, terms and conditions and other legal documentation are empty.
These are drawbacks for forex traders/ clients to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Captrader Financial Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Captrader Financial FX located at Captrader.financial claims to appear like a trustworthy trading broker, however, that cannot be trusted. By all appearances, we would advise traders to steer clear from this broker as it likely a platform run by scammers. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.
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