Score

2.20 /10
Danger

CARBON CAPITAL

Colombia

2-5 years

Regulated in Australia

Common Business Registration

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

C

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index1.25

Business Index6.58

Risk Management Index0.00

Software Index4.00

License Index1.25

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Carbon Capital Ltd

Company Abbreviation

CARBON CAPITAL

Platform registered country and region

Colombia

Company website

Twitter

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 678 977 396)Administration of Industry and Commerce-Register Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

CARBON CAPITAL · Company summary

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 contained in this article is for general information purposes only.

General Information

CARBON CAPITAL Review Summary in 10 Points
Founded 2021
Registered Country/Region The Virgin Islands
Regulation No license
Market Instruments Forex, cryptocurrencies
Demo Account N/A
Leverage 1:500
EUR/USD Spread 1.5 pips
Trading Platforms CarbonTrader, MT5
Minimum deposit $100
Customer Support 24/7 email

What is CARBON CAPITAL?

CARBON CAPITAL is an unregulated broker registered in Saint Vincent and the Grenadines that claims to provide access to over 200 financial instruments, and two account types with varying deposit requirements and account entitlements. The broker operates the MetaTrader 5 (MT5) trading platform and provides clients with educational resources and analysis.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

CARBON CAPITAL's home page

Pros & Cons

CARBON CAPITAL has some strengths such as offering a wide range of financial instruments, competitive spreads, and high leverage. Additionally, the educational resources and two account types cater to different trading needs.

However, the lack of regulation, deposit limitations to cryptocurrencies, and unclear information about the companys ownership and management structure raises concerns about its transparency and reliability. Furthermore, the absence of information on deposit/withdrawal are also potential drawbacks for traders who value transparency and accessibility.

Pros Cons
• Access to a wide range of financial markets • No regulatory license
• No commission account offered • US clients are excluded
• MT5 supported • Lack of transparency
• Educational resources and analysis videos • Only deposit via cryptocurrencies
• 24/7 customer support

CARBON CAPITAL Alternative Brokers

    There are many alternative brokers to CARBON CAPITAL depending on the specific needs and preferences of the trader. Some popular options include:

    • Rakuten Securities - offers a wide range of trading instruments, advanced platforms, and excellent customer support.

    • TeleTrade - offers competitive spreads, multiple account types, and a comprehensive educational center, but it is not available to traders in certain countries.

    • Turnkey Forex - offers low spreads, fast trade execution, and a variety of trading instruments, but its educational resources are limited.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is CARBON CAPITAL Safe or Scam?

CARBON CAPITAL's lack of a regulatory license and transparency may be a red flag for potential investors. Regulatory bodies exist to ensure that brokers operate within certain standards and adhere to strict guidelines, which can provide a layer of protection for traders. It is generally recommended to choose a broker that is regulated by a reputable authority to minimize risks and ensure the safety of your investments.

Market Instruments

CARBON CAPITAL provides access to over 200 trading instruments that include a range of currency pairs and cryptocurrencies. They also offer access to popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, which may appeal to traders who are interested in trading digital assets. However, it is important to note that since CARBON CAPITAL is not regulated, there is no way to verify the quality or reliability of these trading instruments, which may pose a risk to traders.

Accounts

CARBON CAPITAL has two account types for investors to choose from, namely the Platinum Account and the Carbon Account, with minimum deposit requirement of $100 and $500,000 respectively.

It's worth mentioning that there is a significant difference between the two account types in terms of the minimum deposit requirement, which may limit the options for traders who are looking for a middle ground. It's recommended that traders carefully consider their trading goals and risk tolerance before choosing an account type with CARBON CAPITAL.

Account Types

Leverage

CARBON CAPITAL provides access to a leverage of up to 1:500. It is important to note that high leverage can magnify both profits and losses, and should be used with caution. Traders should make sure they have a good understanding of how leverage works and the associated risks before using it in their trading. While high leverage can offer the potential for larger profits, it can also increase the potential for significant losses. Traders should always make sure they have appropriate risk management strategies in place to help mitigate these risks.

Spreads & Commissions

The various account types are designed to meet the needs of different traders and, of course, have slightly different account entitlements. For example, the spreads for the Platinum Account and Carbon Account start from 0.00 pips and 1.5 pips respectively. There is a flat rate commission on the Platinum Account, while no commission on the Carbon Account.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
CARBON CAPITAL 1.5 pips None
Rakuten Securities 0.3 pips $4 per lot
TeleTrade 1.1 pips None
Turnkey Forex 0.0 pips $2 per lot

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

CARBON CAPITAL offers its clients access to the world's financial markets via the MetaTrader5 (MT5) platform, available for for Desktop, Mobile iOS, Mobile Android and WebTrader. The MT5 platform is a popular choice for traders due to its advanced charting tools, customizable interface, and the ability to trade multiple assets from a single platform.

MT5

Additionally, CARBON CAPITAL also provides access to its own proprietary trading platform, CarbonTrader. This platform is designed for traders who prefer a simplified interface and a seamless trading experience. It is equipped with advanced trading tools, including trading signals, technical indicators, and a comprehensive trading dashboard.

CarbonTrader

Overall, CARBON CAPITAL's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
CARBON CAPITAL MetaTrader 5 (MT5), CarbonTrader
Rakuten Securities MetaTrader 4 (MT4), Rakuten FX, Trading Station, Web Trading
TeleTrade MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Turnkey Forex MetaTrader 4 (MT4), cTrader, Trade Station

Deposits & Withdrawals

CARBON CAPITAL only accepts deposits via cryptocurrencies – this is quite shady, as such deposits are final – they are not eligible for any form of chargeback, which means that if there is any issue with the deposit, it cannot be reversed or refunded. This can be a disadvantage for some traders who prefer more traditional payment methods that offer a higher level of consumer protection.

CARBON CAPITAL minimum deposit vs other brokers

CARBON CAPITAL Most other
Minimum Deposit $100 $100

See the deposit & withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
CARBON CAPITAL N/A N/A
Rakuten Securities Depends on the method None
TeleTrade None Free for bank transfers and e-wallets
Turnkey Forex None Depends on the method

Note: Fees and charges are subject to change, and may vary based on the type of account, currency, and country of origin. It is recommended to always check with the broker's official website for the most updated information.

Customer Service

Users can contact CARBON CAPITAL for inquiries through social networks including Facebook, Instagram and Youtube. Also, the broker can be reached through the email: support@carboncapitalfx.com. The customer support is available 24/7. Office address: Beachmont Business Center 151 Beachmont Kingstown, Saint Vincent and the Grenadines.

Pros Cons
• 24/7 customer support via email • No live chat support
• Social media support • No phone support

Note that these pros and cons are based on the information available on CARBON CAPITAL's website and may not reflect the experiences of individual clients.

Education

According to the information on the CARBON CAPITAL website, they offer a range of educational resources to their clients. These include over 100 educational videos, three E-books, quizzes, and analysis videos that can be accessed through the client area.

However, there is no information provided on the specific topics covered or the level of detail provided in these resources. It is worth noting that while educational resources can be helpful for traders, they should not be the sole basis for making trading decisions, and traders should always conduct their own research and analysis before making any trades.

Education

Conclusion

Based on the information gathered, CARBON CAPITAL is a relatively new brokerage that lacks proper regulatory licenses, transparency. Additionally, it only accepts cryptocurrency deposits, which can be a red flag for some traders. However, it offers a wide range of tradable assets and access to the popular MT5 platform. Its two account types cater to the needs of different traders, with varying spreads and commissions. While it offers educational resources, the lack of proper regulation and transparency may make some traders hesitant to invest with CARBON CAPITAL.

Frequently Asked Questions (FAQs)

Q 1: Is CARBON CAPITAL regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: At CARBON CAPITAL, are there any regional restrictions for traders?
A 2: Yes. It does not solicit Citizens from the United States.
Q 3: Does CARBON CAPITAL offer the industry-standard MT4 & MT5?
A 3: Yes. It supports CarbonTrader and MT5.
Q 4: What is the minimum deposit for CARBON CAPITAL?
A 4: The minimum initial deposit to open an account is $100.
Q 5: Is CARBON CAPITAL a good broker for beginners?
A 5: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

News

NewsWikiFX Review: CAN CARBON CAPITAL MAKE YOUR MONEY SAFE?

CARBON CAPITAL is an online forex broker that was registered in Saint Vincent and the Grenadines. But can you withdraw money from it? How do we know if this broker is trustworthy? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, and exposure. Our goal is to help you have a better understanding of CARBON CAPITAL.

WikiFX
2022-05-30 16:36
WikiFX Review: CAN CARBON CAPITAL MAKE YOUR MONEY SAFE?

User Reviews

More

User comment

6

Comments

Write a review

FX2452789559
0-3months
Carbon Capital has been great and has always shown transparency and integrity. That's always been important to me. Although they've gone through some changes, they've always seem to do it to improve the platform. Like these guys😀
Carbon Capital has been great and has always shown transparency and integrity. That's always been important to me. Although they've gone through some changes, they've always seem to do it to improve the platform. Like these guys😀
Translate to English
2024-08-01 02:07
Reply
0
0
FX3820437538
0-3months
Been using Carbon Capital for two weeks now, the sign up process was pretty easy and fast. I made a withdrawal request of my profits for last week, and was processed in under 24 hours
Been using Carbon Capital for two weeks now, the sign up process was pretty easy and fast. I made a withdrawal request of my profits for last week, and was processed in under 24 hours
Translate to English
2024-07-10 23:57
Reply
0
0