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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index6.14
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Capital Forex Live
Company Abbreviation
Capital Forex Live
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
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General Information & Regulation
Capital Forex Live is advertised as an international investment and trading company which have been licensed in CAC Nigeria with license No. B-7691375. As a forex company brokerage, it offers copy trading services to investors, as well as superior trading conditions, education and 24/7 support and education.
Market Instruments
We didnt find any specific information about trading financial instruments provided by Capital Forex Live on the Internet. However, from the name of the broker, we can easily get the knowledge that it may offer forex trading.
Account Types
There are three live trading accounts offered by Capital Forex Live, namely Starter, Premium and Professional. Opening a Starter account requires the minimum initial deposit amount of $20, while the other two account types have much higher minimum initial capital requirements of $30 and $100 respectively. Note that the broker says to offer a minimum return of $230 after a $20 investment, which is more than a 1000% return on investment. However, it is impossible to guarantee such profits with such a return rate.
Trading Platform Available
The platform available for trading at Capital Forex Live is one of the worlds most trusted and popular MetaTrader5 trading platforms, available for desktop, iOS and Android devices. Demo accounts cannot be obtained for free, but the bigger issue is that registered users do not have access to MT5. In reality, this is a simple chart with third-party quotes, not a trading platform. The broker doesn't offer any trading services.
Anyway, we suggest you choose the MetaTrader4 and MetaTrader5 providers. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
From the logos shown at the foot of the home page on Capital Forex Lives official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of MasterCard, PayPal, Perfect Money, Payeer, cryptocurrencies of Bitcoin and Ethereum, ceph and advash. However, after registering an account, we found the only acceptable payment method is cryptocurrency. The minimum initial deposit requirement is said to be only $20.
Customer Support
Capital Forex Live‘s customer support can be reached by email: info@capitalforex.live or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Twitter, Facebook, Instagram and LinkedIn. Company address: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
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