Score

1.53 /10
Danger

FCEL

Pakistan

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.15

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Warning: Low score, please stay away!
Previous Detection : 2025-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FCEL · Company summary

The FCEL official website(http://firstcapital.com.pk) is inaccessible currently.

FCEL Review Summary
Founded1995
Registered Country/RegionPakistan
RegulationUnregulated
Market InstrumentsStock Trading, Institutional Services, International Trading, Research and Analysis, Personalized Advisory Services
Demo Account
Trading PlatformOnline trading platform
Customer SupportPhone, fax, and email support available at various office locations across major cities in Pakistan

FCEL Information

Established in 1995 and with its headquarters in Pakistan, FCEL provides individualized advising, institutional services, and stock trading. Unregulated, it offers both domestic and foreign clients market research as well as online trading platforms.

FCEL Information

Pros and Cons

ProsCons
Many brokerage servicesOperates as an unregulated broker
Online trading platformUnclear account types
No demo account available
Unclear fee structure

Is FCEL Legit?

FCEL operates as an unregulated broker.

Is FCEL Legit?

What Can I Trade on FCEL?

FCEL offers stock trading, institutional services, international trading, research and analysis, and personalized advisory services in the Pakistani market.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Shares
Cryptocurrencies

FCEL Services

Service
Stock TradingTrading in equities listed on the Pakistan Stock Exchange (PSX)
Institutional ServicesBrokerage services for banks, investment funds, and other large institutions
International TradingServices for international clients to trade Pakistani equities
Research and AnalysisRegular market updates, sector analysis, and investment recommendations
Personalized AdvisoryTailored investment advice based on clients financial goals and risk profile

Account Types

FCEL doesn't mention its account types and fee information.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable For
FCEL Online PlatformDesktop (Windows, Mac) / Mobile (iOS, Android)Traders seeking access to real-time market data, portfolio tracking, and easy execution of trades
MetaTrader 4
MetaTrader 5

Deposit and Withdrawal

FCEL doesn't mention its deposit and withdrawal fees, or the payment methods.

User Reviews

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User comment

3

Comments

Write a review

Gantleder
more than one year
Very thorough on registration identification process. Options were well explained during registration process.
Very thorough on registration identification process. Options were well explained during registration process.
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2024-07-10 10:18
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FX1499029483
more than one year
Used FCEL for a while for stock trading in Pakistan. Their experience seems good, while their online platform feels outdated.
Used FCEL for a while for stock trading in Pakistan. Their experience seems good, while their online platform feels outdated.
Translate to English
2024-03-14 16:58
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