Abstract:Think Capitals is an UK-based forex broker, with the company behind it called Think Capitals Ltd. there is minimal information about this corporation, nor the regulatory license details. Clearly, Think Capitals is an unregulated broker, unsafe to trade with it.
General Information & Regulation
Think Capitals is an UK-based forex broker, with the company behind it called Think Capitals Ltd. there is minimal information about this corporation, nor the regulatory license details. Clearly, Think Capitals is an unregulated broker, unsafe to trade with it.
Negative Reviews
Think Capitals has been involved in large number of scandals recently. Many people complaint that Think Capitals is a scam platform that is unable to withdraw funds, or stealing traders profits.
Markets Instruments
Think Capitals advertises that it has an extensive lists of trading instruments: forex pairs and CFDs on indices, precious metals and indices, shares, IPOs, Spot Indices and Spot Commodities.
Minimum Deposit
Think Capitals advertises that it enables traders to deposit as low as $100 to start real trading. Although the amount seems reasonable compared to many other brokers requirements, traders are still not advised to trade with this unregulated broker.
Leverage
Think Capitals offers the leverage up to 1:500 for forex trading. The maximum leverage offered by EU-based broker is capped at 1:30 to protect retail traders fund safety. Obviously, what Think Capitals do goes against the EU regulation.
Spreads & Commissions
Think Capitals says that it offers ultra-low spread, starting from 0 pips on some major currency pairs, but it does not specify detailed spreads on particular instruments.
Trading Platform Available
Think Capitals uses the popular MetaTrader 4 (MT4) platform. More than 10 years since its launch the platform is still enjoying great popularity, thanks to its ease of use, versatility and extensive functionality. Think Capitals offers the MT4 platform in all its versions – as a trading terminal for PCs, a web version and the mobile application for smartphones and tablets.
Deposit& Withdrawal
Think Capitals offers the usual deposit options like bank transfer, credit and debit cards and the Skrill, Neteller and China UnionPay online payment systems.
Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.
Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke
Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.
Join XM Competitions from 20-27 Feb for a chance to win $100,000! Compete by skill or luck. No entry fees. Trade on a secure, award-winning platform.