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Highstone Capital Pty Ltd Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 11:08

Abstract：Founded in Australia in 2023, Highstone Capital is an unregulated trading platform offering trading on forex, precious metals, energy commodities, stock indexes, and virtual currencies with leverage up to 1:100 and EUR/USD spread from 0.7 pips via web and mobile trading platforms.

Highstone Capital Review Summary
Founded	2023
Registered Country/Area	Australia
Regulation	ASIC (Revoked)
Market Instruments	Forex, Precious Metals, Energy Commodities, Stock Indexes, Virtual Currencies
Demo Account	✅
Leverage	Up to 100:1
EUR/USD Spread	From 0.7 pips
Trading Platform	Web, mobile
Min Deposit	$0
Customer Support	Email: support@highstonefx.com
Customer Support	Address: 3508 101 Bathurst St Sydney NSW 2000, Level 16 175 Pitt St, Sydney 2000, NSW

Highstone Capital Information

　　Founded in Australia in 2023, Highstone Capital is an unregulated trading platform offering trading on forex, precious metals, energy commodities, stock indexes, and virtual currencies with leverage up to 1:100 and EUR/USD spread from 0.7 pips via web and mobile trading platforms.

Pros and Cons

Pros	Cons
Diverse market instruments	Revoked ASIC license
Tight EUR/USD spread	Single account type
Demo account available	No MT4/5
Minimum deposit as low as $0	Limited contact channels

Is Highstone Capital Legit?

　　No. Highstone Capital currently only holds a revoked Australia Securities & Investment Commission (ASIC) license.

Regulatory Agency	Australia Securities & Investment Commission (ASIC)
Regulatory Status	Revoked
Regulated by	Australia
Licensed Institution	Highstone Capital Pty Ltd
Licensed Type	Appointed Representative (AR)
Licensed Number	001306266

Market Instruments

Tradable Instruments	Supported
Forex	✔
Precious Metals	✔
Energy	✔
Stock Indexes	✔
Virtual Currencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Highstone Capital only offers a single account type - Standard Trading Account.

Account Type	Standard Trading Account
Minimum Deposit	$0
Leverage	Up to 100:1
Spread	Varies, e.g. EURUSD: 0.7 pips, USDJPY: 1 pip
Commission	Transaction fee: $11 per 100,000 currencies (1 lot)
Demo Account	✅

Leverage

　　Highstone Capital offers maximum leverage up to 100:1, meaning you can control $100,000 with just $1,000. This amplifies potential profits, but also magnifies losses, so use it cautiously!

Highstone Capital Fees

　　Spreads vary by the currency pair you trade.

Currency Pair	Spread
EUR/USD	0.7 pips
USD/JPY	1 pip
GBP/USD	0.8 pips
AUD/USD	0.8 pips
USD/CAD	1.1 pips

　　The transaction fee is $11 per 100,000 currencies (1 lot).

Trading Platform

　　Instead of the industry-leading MT4 and MT5 trading platforms, Highstone Capital only offers a platform which is accessible through web and mobile devices.

Trading Platform	Supported	Available Devices	Suitable for
Highstone Capital Platform	✔	Web, mobile	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit & Withdrawal

　　Highstone Capital accepts payments via domestic bank transfers and virtual currencies.

　　Domestic bank transfers: This is a familiar and convenient choice for those comfortable with online banking. While transfer fees may apply depending on your bank, it offers a reliable means to move funds.

　　Virtual currency deposits: Fees vary based on the chosen coin.

　　To encourage new investors and accommodate smaller budgets, Highstone Capital has set a minimal deposit requirement: $0.

　　The payment processing time varies on the payment methods.

Deposits: Processed within 1-2 business days for domestic bank transfers and instantly for virtual currencies.
Withdrawals: Typically processed within 24 hours, with the funds arriving in your chosen account within 1-5 business days, depending on your bank.