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CARTERS-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-12-27 16:06

Abstract:CARTERS was registered in the UK, and it provides trading services related to currencies, silver, gold, energies, and CFDs. Besides, it offers 2 types of accounts, among which the minimum deposit is $1,000 and the maximum leverage is 1:200. However, it should be noted that this company is not regulated, and potential risks still exist.

Note: CARTERS's official website - https://www.cartersford.com/en is currently inaccessible normally.

CARTERS Review Summary
Founded/
Registered Country/RegionUK
RegulationNo regulation
Market InstrumentsCurrencies, silver, gold, energies, and CFDs
Demo Account/
LeverageUp to 1:200
Spread/
Trading PlatformWeb Trader
Min Deposit$1,000
Customer SupportTel: +44 01142467292
Email: info@cartersford.com

CARTERS was registered in the UK, and it provides trading services related to currencies, silver, gold, energies, and CFDs. Besides, it offers 2 types of accounts, among which the minimum deposit is $1,000 and the maximum leverage is 1:200. However, it should be noted that this company is not regulated, and potential risks still exist.

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Mini account offeredLack of regulation
No MT4 or MT5
High minimum deposit
Unknown payment methods

Is CARTERS Legit?

No, it is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site. Please note the potential risks.

No license

What Can I Trade on CARTERS?

CARTERS provides a variety of products, including currencies, silver, gold, energies, and CFDs.

Tradable Instruments Supported
Currencies✔
Gold & Silver✔
Energies✔
CFDs✔
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Standard/
Mini$1,000

Leverage

The leverage can be up to 1:200.

Account TypeMax Leverage
Standard1:100
Mini1:200

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

CARTERS uses a web-based trading platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
LeverageBrokerDealerForex tradingForex Broker

Related broker

No Regulation
CARTERS
Company name:CARTERS OF CHAPELTOWN LIMITED
Score
1.57
Website:http://www.cartersford.com/en
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.57

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