Score

1.50 /10
Danger

Think Capitals

United Kingdom

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 4

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.96

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Think Capitals Ltd.

Company Abbreviation

Think Capitals

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Think Capitals · Company summary

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.

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