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Clone Firm
Score
1.58 /10
Danger
PCFX
5-10 yearsSuspicious Regulatory License
Clone Firm United Kingdom
High potential risk
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Comparison
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Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.56
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
3
Previous Detection :
2024-11-09
- The claimed United KingdomFCA regulation (license number: 531771) is verified as a clone firm. Please pay attention to the risk!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
WikiFX Verification
Official Website Unavailable
PCFX's official website does not work, and the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.
General Information& Regulation
PCFX, namely Power Capital Forex, is supposedly authorized and regulated by the Financial Conduct Authority (FCA) under license number 531771 with the unrevealed registered resident.
Market Instruments
There are 30 or so financial trading assets for clients, including Exotic Currency, and CFDs on Gold, Silver, and Oil are also available.
Accounts & Leverage
PCFX offers one available account, that is, Micro Account. The account requires a minimum deposit of $1,000 and a minimum trading volume of 0,1 lot or 10 000 base currency units.
Spreads & Commissions
PCFX supposedly offers a high spread, for example, the spread of EURUSD is up from 1.9 pips to 2 pips, however, the profit is generated by the spread, and there is not any information about commission referred.
Trading Platform
What is worth mentioning, PCFX provides clients with access to the MetaTrader4(MT4), which is well-recognized an authoritative and reliable platform for clients all over the world.
Deposit & Withdrawal
Payment methods include Credit Cards, Bank transfers, or the MoneySwap e-wallet.
Customer Support
We could not get relevant contact information due to failing to visit the official website, if clients would like to know about this broker in-depth, please try to visit the official website, although it is likely that it does not work. Besides, the official website are as follows: http://www.pcapitalforex.com/en & http://www.pcapitalforex.com/en/ind
Risk Warning
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.
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