Abstract:Capstone AU is an Australia-registered forex broker, with its essential information (such as founding time, actual office address and the company behind it) not disclosed to all. Capstone is not subject to any regulation at this stage. Please be aware of the risk.
General Information & Regulation
Capstone AU is an Australia-registered forex broker, with its essential information (such as founding time, actual office address and the company behind it) not disclosed to all. Capstone is not subject to any regulation at this stage. Please be aware of the risk.
Official Website Unavailable
Since Capstones official website cannot be opened at this stage, we can only find minimal information through some brokers review website to have a rough idea about this broker.
Market Instruments
Tradable financial instruments available on the Capstone platform include currency pairs, stocks, gold and silver, oil and energy.
Minimum Deposit
When it comes to minimum deposit, Capstone does not make this part clear. In most cases, most brokers would requires traders to fund at least $100 to start real trading.
Leverage
Capstone offers leverage up to 1:500, which is commonly offered by Australia-regulated brokers. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Capstone advertises that it offers competitive spreads, but it does not specify spreads on particular instruments. Offering low spreads is widely used as an advertisement used by unregulated brokers trying to mislead traders.
Trading Platform Available
To our surprise, Capstone offers the leading MT4 trading platform. MT4 is the industry-recognized and widely used platform, equipped with many powerful features, supporting Expert Advisor (EA) function.
Customer Support
The Capstone customer support can be reached through telephone: 61731235133, and email: info@fxcg.com.
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1