Gitex Capital-Overview of Minimum Deposit, Leverage, Spreads

General Information

Registered in Saint Vincent and the Grenadines, Gitex Capital is an online forex broker offering a series of trading instruments, including currencies, Shares, Indices, Commodities, Cryptocurrencies. Gitex Capital offers a range of trading accounts to choose from, with the minimum deposit starting at $250, leverage up to 1:100.

Market Instruments

Gitex Capital offers various assets for trading, such as currencies, Shares, Indices, Commodities, Cryptocurrencies.

Account Types

With the Gitex Capital platform, a total of five trading accounts are available: Simple, Standard, Advanced, Professional, and Partner. The minimum deposit required by each account is quite high, with the Simple account from $250, the Standard account from $1,000, the Advanced account from $10,000, the Professional account from $25,000, and the Partner account from $100,000.

Some account services available include Financial Advisors, Study Materials, Videos and Seminars.

Leverage

Gitex Capital permits traders to use leverage of up to 1:100. Although the leverage ratio is not that generous compared with many offshore forex brokers offering, it is significantly higher than the levels regarded appropriate by many regulators.

As leverage can also cause serious fund losses, it is wise for beginners to keep their leverage at no more than 1:10.

Spreads

Commission and spreads on the EMD Forex platform are tied to the type of trading account you have, as is the case with most other forex brokers.

Trading Platform

What Gitex Capital offers is not the industry-leading MT4 or MT5 trading platform, its in-house made trading platform called GiteCapital platform instead. Gitex Capital says traders can trade from any browser and operating system (Windows, Mac, Linux) without any additional software.

Payment Methods

The minimum deposit (for Credit/Debit Cards) is $250, and Gitex Capital allows its clients to make a deposit and withdrawal through multiple payment options, such as VISA, MasterCard, Piastrix, Wire Transfer.

In most cases, it will take up to 5 business days for the deposited funds via Bank Transfer to appear on your trading account.

As for withdrawal, this company says that clients withdrawal requests will generally be processed within 4-7 business days.

Concerning fees and additional charges, if the receiving bank uses an intermediary bank to send/receive funds, you may incur additional fees charged by the intermediary bank. These charges are usually placed for transmitting the wire for your bank.

Customer Support

Traders can reach out to Gitex Capital about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +447418355029

Email: compliance.en@gitexcapital.pro

Working Hour: Mon-Fri: 10:00 -19:00

Restricted Regions

Gitex Capital do not offer our services to residents of the USA, UAE, France, Ukraine, Japan, Iraq, Syria. Please refer to our Help Center for more information.

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.