Score

1.54 /10
Danger

Billion Capitals

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Billion Capitals · Company summary

Note: BILLION CAPITALSs official site – http://www.billioncapitals.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

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

BILLION CAPITALS Review Summary in 10 Points
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation Not regulated
Market Instruments & services Forex, CFDs
Demo Account Not disclosed
Leverage Up to 1:1000
EUR/USD Spread From 0.6 pips (ECN-Gold Account)
Trading Platforms MT4
Minimum Deposit $50
Customer Support Email, Phone, Address

What is BILLION CAPITALS?

BILLION CAPITALS is a global brokerage firm based in the United Kingdom. It offers market instruments including Forex, CFDs to traders. However, it is important to note BILLION CAPITALS is currently not regulated by any recognized financial authorities which raises concerns when trading.

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.

Pros & Cons

Pros & Cons
Pros Cons
• Wide range of trading instruments across multiple asset classes • Not regulated
• MT4 platform • Lack of transparency
• Multiple payment methods supported • Website unfunctional
• Acceptable minimum deposit

BILLION CAPITALS Alternative Brokers

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

  • Admiral Markets - Admiral Markets offers a user-friendly platform and a diverse range of instruments, making it a solid option for traders of all experience levels.

  • Global Prime - Global Prime is a highly reputable broker that provides a seamless trading experience with a diverse selection of instruments and platforms, making it a recommended choice for traders of all levels.

  • Rakuten Securities - Rakuten Securities provides a user-friendly trading environment and a diverse selection of trading products, making it a solid option for traders looking for a broker with a good balance of accessibility and variety.

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

Is BILLION CAPITALS Safe or Scam?

When considering the safety of a brokerage like BILLION CAPITALS or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: It is not regulated by any major financial authorities,which means that there is no guarantee that it is a safe platform to trade with.

  • User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.

  • Security measures: So far we cannot find any security measures info on Internet for this broker.

Ultimately, the decision of whether or not to trade with BILLION CAPITALS is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

BILLION CAPITALS provides a comprehensive range of market instruments, including forex and Contracts for Difference (CFDs).

With forex trading, clients can access the global currency markets and engage in currency pairs trading.

Additionally, CFDs allow traders to speculate on the price movements of various assets, such as stocks, commodities, indices, and cryptocurrencies, without owning the underlying assets.

By offering these diverse market instruments, BILLION CAPITALS enables traders to access a broad spectrum of opportunities and create a diversified trading portfolio tailored to their individual preferences and strategies.

Accounts

At BILLION CAPITALS, traders have the flexibility to choose from three different account types, namely the Bronze Account, Silver Account, and ECN-Gold Account. Each account type requires a minimum deposit of $50, $250, and $1000, respectively. The Bronze Account is ideal for those starting with a modest budget, while the Silver Account offers enhanced features for intermediate traders. For more seasoned traders seeking premium services and benefits, the ECN-Gold Account provides a comprehensive package. These varying account options cater to traders of all levels, allowing them to select the account that best aligns with their trading goals and financial capabilities.

Leverage

Leverage

At BILLION CAPITALS, traders can choose from three distinct account types, each offering different leverage options to suit their trading preferences and risk appetite.

The Bronze Account provides a leverage of 1:1000, making it suitable for those looking for higher leverage to amplify their trading positions.

The Silver Account offers a leverage of 1:500, striking a balance between risk and potential returns.

For more experienced traders seeking a balance between competitive spreads and leverage, the ECN-Gold Account offers a leverage of 1:200.

While higher leverage allows traders to control larger positions with a smaller amount of capital, it also increases the level of risk involved. Traders should exercise caution and carefully manage their risk exposure when utilizing high leverage. It is important to fully understand how leverage works and its potential impact on trading positions before engaging in any trading activities. Traders should consider their risk tolerance and financial situation before deciding on an appropriate leverage level for their trading activities.

Spreads & Commissions

At BILLION CAPITALS, traders can select from three distinct account types, each tailored to cater to different trading preferences and requirements.

The Bronze Account offers a spread starting from 2.5 pips with no commission charges. The Silver Account provides a bit tighter spread, starting from 1.6 pips, without any commission fees, making it an attractive option for those seeking enhanced trading conditions.

For more experienced and professional traders, the ECN-Gold Account boasts lowest spread from 0.6 pips; however, the commission charges are not specified. Interested traders can reach broker directly for the most up-to-date information to make well-informed decision.

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

Broker EUR/USD Spread Commissions
BILLION CAPITALS From 0.6 pips (ECN-Gold Account) Variable (depending on account)
Admiral Markets From 0.6 pips Variable (depending on product)
Global Prime From 0.0 pips $7 per lot
Rakuten Securities From 0.5 pips No commissions

Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.

Trading Platforms

BILLION CAPITALS provides traders with the widely acclaimed MetaTrader 4 (MT4) trading platform, offering a robust and user-friendly interface for seamless trading experiences. With MT4, traders can access a wide range of financial instruments, including forex, CFDs, and more. The platform is equipped with advanced charting tools, technical indicators, and customizable features, empowering traders to analyze market trends, execute trades efficiently, and implement various trading strategies. MT4's compatibility across different devices, including desktop, web, and mobile, ensures traders can stay connected to the markets and manage their positions anytime and anywhere.

Overall, BILLION CAPITALSs trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.

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

Broker Trading Platforms
BILLION CAPITALS MT4
Admiral Markets MT4, MT5, Webtrader
Global Prime MT4
Rakuten Securities MT4

Deposits & Withdrawals

Billion Capitals offers a variety of convenient and secure payment options for depositing and withdrawing funds.

Traders can use major credit or debit cards, such as VISA, to fund their accounts. Additionally, e-wallets like Perfect Money, Skrill, Trasuz, Neteller, WbMoney, OK Pay, FasaPay, and EstroPay provide fast and easy transactions.

For those preferring traditional methods, wire transfer is also available.

Customer Service

Customer Service

BILLION CAPITALS provides multiple customer service options to assist its clients. Customers can reach out to Enlighten through various channels to address their queries and concerns as below:

Address: Kemp House, 152-160 City Road Londan EC 1V 2NX

Email: info@billioncapitals.com

Phone: +442038088949

Conclusion

According to available information, BILLION CAPITALS is a non-regulated UK -based brokerage firm. While the firm offers Forex, CFDs as market instruments to its clients, it is important to consider certain factors such as lack of regulations that raises concerns. The lack of transparency also increases confusions and reliability issues. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from BILLION CAPITALS before making any investment decisions.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is BILLION CAPITALS regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Is BILLION CAPITALS a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency.
Q 3: What is the minimum deposit for BILLION CAPITALS?
A 3: The minimum initial deposit to open an account is $50.
Q 4: Does BILLION CAPITALS offer the industry leading MT4 & MT5?
A 4: Yes. It offers MT4 trading platform.

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