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GO CAPITAL FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-06-07 18:10

Abstract:GO CAPITAL FX claims to offer over 50 forex currency pairs, indices, gold, silver, futures, energy resources, CFDs, and stocks. It also uses the MetaTrader 4 (MT4) platform. However, GO CAPITAL FX operates without any regulatory oversight, lacks transparency in essential areas, and has an inaccessible official website.

Company Name Lancelot Equity Ltd
Registered Country Dominica
Founded Year 2019
Regulation No Regulation
Tradable Assets Over 50 forex currency pairs, indices, gold, silver, futures, energy resources, CFDs, and stocks
Trading Platforms MT4
Customer Support Phone: +43720817371 (English), +437208173714 (Russian); Email: support@gocapitalfx.com

Overview of GO CAPITAL FX

  GO CAPITAL FX, operated by Lancelot Equity Ltd, was established in 2019 and is registered in Dominica. The broker offers trading in over 50 forex currency pairs, indices, gold, silver, futures, energy resources, CFDs, and stocks. However, GO CAPITAL FX operates without regulatory oversight. Despite offering the MT4 trading platform, the broker lacks transparency in several critical areas, including account types, minimum deposits, leverage, spreads, and deposit and withdrawal procedures. Furthermore, the official website of GO CAPITAL FX is inaccessible.

Overview of GO CAPITAL FX

Pros and Cons

  GO CAPITAL FX offers forex, indices, commodities, and stocks. The use of the MT4 platform facilates trading tools and user-friendly interface. Additionally, access to futures and CFDs further enhances trading opportunities. Multilanguage phone support, including English and Russian, is another advantage.

  However, GO CAPITAL FX operates without any regulation. The official website's inaccessibility hinders transparency and ease of access to important information. The lack of clarity in account types, spreads, commissions, and leverage information further exacerbates the uncertainty for potential traders.

Pros Cons
  • Includes forex, indices, commodities, and stocks
  • No regulation
  • Uses MT4 platform
  • Inaccessible official website
  • Access to futures and CFDs
  • Lack of transparency in account types
  • Multilanguage phone support
  • Lack of detailed information on spreads and commissions
  • No clear leverage information

Is GO CAPITAL FX legit ?

  GO CAPITAL FX is currently unregulated. The Monetary Authority of Singapore has issued warnings about the potential misperception of GO CAPITAL FX as a licensed entity.

Is GO CAPITAL FX legit ?
Is GO CAPITAL FX legit ?

Market Instruments

  GO CAPITAL FX provides over 50 forex currency pairs, indices, gold, silver, futures, energy resources, CFDs, and stocks. Forex Currency Pairs mean trading one currency against another. Indices are measures of the performance of a group of stocks. Gold and Silver are traded precious metals. Futures are contracts for buying or selling an asset at a future date. Energy Resources are commodities like oil and gas. CFDs (Contracts for Difference) are Financial derivatives for speculating on price movements. Stocks are shares representing ownership in a company.

Market Instruments

How to Open an Account with GO CAPITAL FX

  Because of the inaccessibility of the official website, you need to reach out to the customer support team directly.

How to Open an Account with GO CAPITAL FX

Trading Platform

  GO CAPITAL FX utilizes the MetaTrader 4 (MT4) platform, which supports comprehensive technical analysis, automated trading with Expert Advisors (EAs), and sophisticated charting tools. Available on both desktop and mobile devices, this platform helps traders to manage their accounts and monitor their trades from any location.

Trading Platform

Customer Support

  •   Contact number

  English

  43720817371

  Russian

  437208173714

  •   Email

  support@gocapitalfx.com

Conclusion

  GO CAPITAL FX provides several trading instruments such as forex, indices, commodities, and stocks through the popular MT4 platform, with multilingual phone support. Despite these advantages, the absence of regulatory oversight, the inaccessibility of the broker's official website, and the lack of detailed information regarding account types, spreads, and leverage present notable drawbacks.

FAQs

  Is GO CAPITAL FX a regulated broker?

  No, GO CAPITAL FX is not regulated by any financial authority.

  What trading instruments does GO CAPITAL FX offer?

  GO CAPITAL FX offers over 50 forex currency pairs, indices, gold, silver, futures, energy resources, CFDs, and stocks.

  How can I contact GO CAPITAL FX customer support?

  You can contact GO CAPITAL FX customer support via phone at +43720817371 (English), +437208173714 (Russian), or email at support@gocapitalfx.com.

  Is the official website of GO CAPITAL FX accessible?

  No, the official website of GO CAPITAL FX is currently inaccessible.

Risk Warning

  Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

  Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

  

Related broker

No Regulation
GO CAPITAL FX
Company name:Lancelot Equity Ltd
Score
1.57
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.57

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