Abstract:Registered in the United Kingdom, PRB Capital is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Metals, Oil, Indices through the advanced MT5 trading platform. A total of five trading accounts can be chosen on the PRB Capital platform, with the minimum deposit to trade with this forex broker starting at $100. PRB Capital is operated by PRB Capital Ltd, but this company does not hold any regulatory license to show it operates legally.
Since PRB Capitals official website (https://prbcapitalltd.com/) no longer works, we had to resort to scraping together information from other sources to get a feel for the company's forex broker operations.
General Information
Registered in the United Kingdom, PRB Capital is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Metals, Oil, Indices through the advanced MT5 trading platform. A total of five trading accounts can be chosen on the PRB Capital platform, with the minimum deposit to trade with this forex broker starting at $100.
PRB Capital is operated by PRB Capital Ltd, but this company does not hold any regulatory license to show it operates legally.
Account Types
PRB Capital provides five trading accounts, namely Micro, Mini, Classic, Premium, and ECN. The minimum deposit to start with this forex broker is $100, which is acceptable for most regular traders.
Leverage
Leverage information cannot be found anywhere. As a beginner, it's wise to keep your leverage at no more than 10:1. One of the most typical mistakes made by novice forex traders is using a leverage ratio that is too high. Our advice is that you trade with a smaller ratio until you get more experience.
Spreads & Commissions
Spreads on majors at PRB Capital are said to be starting from 1.2 pips, but since we could not open an account, we cannot confirm this either.
Trading Platform
PRB Capital hypes that it offers the leading MT5 trading platform, but we doubt this is really the case. We filled out the registration form on the brokers website but never received a confirmation email which is huge letdown since we cannot be sure that they offer any sort of platform at all.
Customer Support
For any questions or concerns they may have about their accounts or their trading can reach out to PRB Capital through the following methods:
Email: support@prbcapitalltd.com
Some social media platforms such as Instagram, Youtube.
Company Address: Old Street, London EC1V 9BD
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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