Europa Trade Capital-Overview of Minimum Deposit, Leverage, Spreads

General Information

Europa Trade Capital is a Saint Vincent and the Grenadines registered forex broker established within one year, offering its clients access to more than 300 trading instruments, spreads as low as 0.01 pips, 24/4 customer care and fast withdrawal.

Market Instruments

With Europa Trade Capital, traders can get access to more than 300 trading instruments, including the following classes:

• Forex Pairs

• Metals

• Indices

• Shares

• Energies

• Cryptocurrencies

Account Types

There are seven trading accounts are on offer, with the minimum initial deposit even for a basic account as high as $10,000. And other account also requires absurdly high requirements, $25,000 for Prime, $50,000 for Deluxe, $100,000 for Exclusive, $250,000 Elite, $500,000 for MVT account, respectively. Although there are lots of premium trading offerings, including dedicated and personal account manager, full ETC platform training, Basic Trading Training, and more, Europa Trade Capital is just a forex scam trying to extract traders hard-earn money using high deposit before they get suspicious. Keep in mind that regulated brokers only charge averagely $100 to open a new account.

Leverage

In terms of trading leverage offered, traders can use 1:200 leverage with Europa Trade Capital. However, this broker says traders are allowed to get higher leverage up to 1:500 if you upgrade your accounts. Since leverage can amplify gains as well as loss, traders are strongly recommended to choose the proper amount based on their risk tolerance.

Spreads & Commissions

Although Europa Trade Capital hypes that it offers spreads as low as 0.0 pips, it does not specify spreads on particular instruments.

Inactivity Fees

The first unreasonable fee is charged for inactivity. If an account is dormant for 30 days or more (as from the first month), it will be charged an inactivity fee up to £$€100. Another salty fee is verification fee, which is charged at 5% of the amount that‘s within the trader’s trading account per month.

Trading Platform

Europa Trade Capital offers its clients the ETC trading platform, use-friendly, ideal for beginners as well as experienced traders.

Deposit & Withdrawal

In the T&Cs section, we find that this broker works with Debit Card, Bank Transfer, and Cryptocurrency for its clients to make a deposit and withdrawal. The minimum deposit amount is $10,000 and the minimum withdrawal amount is $100/€100/. There are some fees occurring when dealing with different payment options, for example, withdrawal via Cryptocurrencies with a fee of 0.01%, via debit or credit card with a fee of 5% and traders who withdraw funds through bank transfer need to pay a fee of £$€10 (SEPA), £$€25 (Rest). It takes 4-7days for them to process clients withdrawal requests.

Trading Hours

Europa Trade Capital offers a trading schedule below to shows when the markets are opening and closing for traders to arrange their trading plans flexibly.

Customer Support

The Europa Trade Capital customer support can be reached through telephone at + 442038079683. There is also a contact form displayed for you to fill out some of your basic contact information, then waiting to be connected. The Physical address of the company: First Floor, First St. Vincent Bank Ltd James Street, Kingstown St. Vincent and the Grenadines. You can also follow this forex broker on some social media platforms like Facebook, Instagram, Twitter and Linkedin.