Score

1.37 /10
Danger

England Capital

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.95

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

England Capital Management LTD

Company Abbreviation

England Capital

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    England Capital · Company summary
    Aspect Information
    Company Name England Capital Management LTD
    Registered Country/Area United Kingdom, Japan, Malaysia, Hong Kong
    Founded Year 2010
    Regulation Not regulated
    Minimum Deposit N/A
    Maximum Leverage Up to 1:500
    Spreads & Commissions Different account types, low spreads, fixed currency commissions
    Trading Platforms MetaTrader 5
    Tradable Assets Over 350 trading instruments including forex, stock CFDs, commodities, indices
    Customer Support 24/7 online customer care through email (info@englandcapital.net)
    Deposit & Withdrawal VISA/MasterCard, Skrill, Neteller, Bank Transfer

    Overview of England Capital

    Established in 2010, England Capital Management LTD is an online forex broker registered in the United Kingdom, with additional branches in Japan, Malaysia, and Hong Kong. The company provides its clients with access to a wide range of trading instruments and utilizes the popular MT4 trading platform. Traders can benefit from leverage options of up to 1:500, allowing for potential amplified gains in their trading activities.

    Is England Capital legit or a scam?

    England Capital is currently not regulated, and there are risks associated with this broker. There have been 8 complaints against them in the past 3 months, indicating potential scam activity. The claimed United States NFA regulation is suspected to be a clone license. Additionally, the broker does not have a trading software. Traders should exercise caution and carefully evaluate the risks involved before proceeding with England Capital.

    regulation

    Pros and Cons

    England Capital Management LTD offers several advantages to its clients. They provide a wide range of trading instruments, allowing traders to diversify their portfolios and explore various market opportunities. The competitive leverage options, with a maximum leverage of up to 1:500, can potentially amplify traders' gains. The availability of low spreads and fixed currency commissions for certain account types adds to the favorable trading conditions. The use of the popular MetaTrader5 trading platform equips traders with sophisticated tools for technical analysis, automated trading capabilities, and mobile accessibility. Additionally, the convenience of deposit and withdrawal options without any associated fees enhances the overall trading experience.

    However, it is important to consider the potential drawbacks such as the lack of regulation, limited information on minimum deposits, the absence of educational resources, and the availability of customer support only through email. Traders should exercise caution and conduct thorough research before engaging with England Capital Management LTD, being mindful of the potential risks associated with scam activity and clone licenses.

    Pros Cons
    Offers a wide range of trading instruments Not regulated
    Competitive leverage options up to 1:500 Limited information on minimum deposit requirement
    Low spreads and fixed currency commissions for certain accounts Lack of educational resources
    Access to popular MetaTrader5 trading platform Limited contact channels (email only)
    Convenient deposit and withdrawal options Potential risks associated with scam activity and clone licenses

    Market Instruments

    England Capital Management LTD stands out by offering its clients a wide selection of over 350 trading instruments. These instruments cover various markets, including foreign exchange, stock CFDs, commodities, and indices, all accessible from a single trading account. One notable advantage for traders is that England Capital Management LTD does not impose transaction fees, allowing clients to execute trades without incurring additional costs. This can be beneficial for traders looking to optimize their trading performance and maximize their potential profits.

    Leverage

    England Capital Management LTD prioritizes the safety of retail traders' funds by setting a default leverage of up to 1:100. This measure aims to provide a level of protection and risk management for less experienced traders. However, professional traders who possess sufficient knowledge and experience have the opportunity to apply for higher leverage of up to 1:500. The higher leverage option is granted after the broker verifies the trader's expertise, ensuring they can effectively manage the associated risks. By implementing this approach, England Capital Management LTD caters to both retail and professional traders, offering appropriate leverage options based on their individual skill levels and risk tolerance.

    Spreads & Commissions

    England Capital Management LTD offers different trading accounts that determine the spreads and commissions for their clients. GO Plus+ account holders are provided with the benefit of low spreads and fixed currency commissions. This account type is designed to provide traders with competitive trading conditions, ensuring that they can access favorable spreads while benefiting from fixed commissions on currency trades. By tailoring their account offerings, England Capital Management LTD aims to meet the specific needs of their clients and provide them with suitable trading conditions based on their trading preferences and strategies.

    Trading Platform Available

    England Capital Management LTD offers its clients access to the worlds most popular trading platform-MetaTrader5. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market circumstances thanks to the intuitive user interface that is provided by the platform.

    Deposit & Withdrawal

    England Capital Management LTD offers its clients convenient options for deposit and withdrawal transactions. Clients can make deposits and withdrawals using popular methods such as VISA/MasterCard, Skrill, Neteller, and Bank Transfer. One notable advantage is that England Capital Management LTD does not charge any deposit or withdrawal fees, allowing clients to efficiently manage their funds without incurring additional costs. This can be advantageous for traders, as it enables them to have full control over their finances and maximize the value of their trading activities.

    Customer Support

    England Capital Management LTD provides its clients with access to 24/7 online customer care to address any trading-related issues. Clients can reach out to the customer support team through email at info@englandcapital.net. However, it is worth noting that other contact channels, such as phone or live chat support, may not be available. While the availability of multiple contact channels is preferred by some traders, England Capital Management LTD strives to provide responsive support through email communication. Clients can rely on this channel to seek assistance and receive timely responses to their queries or concerns.

    Conclusion

    In conclusion, England Capital Management LTD offers a range of advantages to its clients, including a wide selection of trading instruments, competitive leverage options, low spreads, and the popular MetaTrader 5 trading platform. The convenience of deposit and withdrawal options without fees adds to the appeal. However, there are certain disadvantages to consider, such as the lack of regulation, limited information on minimum deposits, the absence of educational resources, and customer support only available through email. Traders should approach England Capital Management LTD with caution, conducting thorough research and considering the potential risks associated with scam activity and clone licenses.

    FAQs

    Q: Is England Capital Management LTD a regulated broker?

    A: England Capital Management LTD is currently not regulated, and traders should be aware of the associated risks when considering this broker.

    Q: What are the leverage options provided by England Capital Management LTD?

    A: The maximum leverage can go up to 1:500.

    Q: Are there any fees for deposits and withdrawals at England Capital Management LTD?

    A: England Capital Management LTD does not charge any fees for deposits and withdrawals, making it convenient for clients to manage their funds without incurring additional costs.

    Q: What trading platform does England Capital Management LTD use?

    A: England Capital Management LTD utilizes the popular MetaTrader5 trading platform, which provides advanced tools and features for technical analysis and automated trading.

    Q: Does England Capital Management LTD provide educational resources for traders?

    A: England Capital Management LTD's educational resources are limited, and traders are encouraged to explore additional sources to enhance their trading knowledge and skills.

    Q: How can I contact customer support at England Capital Management LTD?

    A: England Capital Management LTD offers customer support through email at info@englandcapital.net.

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    User comment

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    Wankou
    more than one year
    Hey, folks, just a heads up about my not-so-great experience with England Capital Management LTD. So, turns out they're not regulated, and that got me a bit worried.
    Hey, folks, just a heads up about my not-so-great experience with England Capital Management LTD. So, turns out they're not regulated, and that got me a bit worried.
    Translate to English
    2023-12-11 17:54
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    Kage Oda Tsiew
    more than one year
    Did some digging and found 8 complaints in the past 3 months – not exactly reassuring. And that NFA regulation claim? Smells fishy, like a clone license situation. Plus, no trading software? Seriously? The lack of info on minimum deposits and no educational resources got me scratching my head. Oh, and customer support? Only through email? Not cool. Considering the potential risks and all, I'd say, tread carefully with England Capital – do your homework before diving in!
    Did some digging and found 8 complaints in the past 3 months – not exactly reassuring. And that NFA regulation claim? Smells fishy, like a clone license situation. Plus, no trading software? Seriously? The lack of info on minimum deposits and no educational resources got me scratching my head. Oh, and customer support? Only through email? Not cool. Considering the potential risks and all, I'd say, tread carefully with England Capital – do your homework before diving in!
    Translate to English
    2023-12-08 16:53
    Reply
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