Extracto:CapitalProTrade seems to an online forex registered in Czech Republic, allegedly offering its clients access to various trading assets, such as Forex, Commodities, Indices, as well as Cryptocurrencies. This brokerage house says it offers tight spreads from 0.0 pips, and the maximum trading leverage that traders can use is up to 1:500.
General Information
CapitalProTrade seems to an online forex registered in Czech Republic, allegedly offering its clients access to various trading assets, such as Forex, Commodities, Indices, as well as Cryptocurrencies. This brokerage house says it offers tight spreads from 0.0 pips, and the maximum trading leverage that traders can use is up to 1:500.
However, CapitalProTrade does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Market Instruments
CapitalProTrade hypes that it allows investors to get access to various trading instruments. Different types of trading assets including Currencies, Commodities, Cryptocurrencies and Indices are all available through this brokerage platform.
Leverage
Here is the generous offering: the maximum leverage that investors can use on this platform is reaching up to 1:500. This much higher than the levels regarded appropriate by many regulators, with the leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
Since leverage can magnify gains as well as losses, it is wise for beginners to choose the leverage ratio at no more than 1:10. We recommend that traders should trade with a smaller amount at first, until they get more trading experience.
Spreads & Commissions
CapitalProTrade says it offers extremely competitive spreads. However, it is just a typical tactic to attract more investors for an unregulated forex broker.
Trading Platform
What CapitalProTrade offers is not the industry-leading MT4 or MT5 trading platform, a proprietary platform instead.
Since MT4 and MT5 trading platform are among the most popular trading platforms around the world, the absence of these two platforms with CapitalProTrade can be a big pity.
However, this can also be served as further evidence that this broker is an unreliable broker to trade with.
Customer Support
CapitalProTrade hypes its 24 x5 customer support is available. Traders with any inquiries or trading-related problems can reach out to CapitalProTrade through the following channels:
Email: support@capitalprotrade.com
Registered Company Address: 17, Evropská 2690, Dejvice, 160 00 Praha 6, Czech Republic
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.