On-line since: About the company: Founded in 2006, Forex Capital Trading Ltd has gained trust among traders and become one of the largest brokerage firms in the financial market. Clients give a high assessment of the provided trading conditions, namely zero slippage and support from currency market experts. Apart from trading, the company pays attention to the professional training of the traders so that they can obtain basic knowledge and apply it. Products and services Forex Capital Trading offers its clients to trade 33 currency pairs, precious metals, including gold and silver, 17 commodities, and 12 CFDs on major indices. Security of assets The clients' funds are well-protected. They are held in segregated accounts controlled by HSBC Hong Kong and DBS Singapore Bank, one of the most reputable banking organizations in the world. What is more, the broker takes responsibility for the safety of personal data. So, it is fair to say that the client’s money is well-secured thanks to the highest level of control provided by Forex Capital Trading and by the largest banks. Accounts and currencies Only the standard type of account is available. Additionally, traders are not allowed to register several accounts at once. The broker also provides an opportunity to open a demo account. The account currency is USD. Minimum deposit The minimum deposit starts at $500. Notably, this is a pretty high entry threshold. Spreads and commissions Spreads start at 2 pips. There are no commissions. Leverage Leverage starts from 1: 200 to 1: 400. Trading platforms ForexCT offers two trading platforms: the standard MetaTrader 4 trading platform and its own platform – PROfit. MT4 needs no introduction. This popular trading platform recognized as the best one by many traders in the world. You can download MT4 on PC, iPhone, iPad, and Android. The PROfit platform is also available in different versions and equipped with all the necessary trading tools. If the clients use the broker's platform, they can withdraw funds directly from it. ForexCT clients can also have access to the Traror Mirror Trader web platform which enables them to study the trading strategies of leading Forex and CFD traders from all over the world and automatically copy their deals. Training The broker pays special attention to the traders' training. The broker offers the following training courses:
You can get all the training materials and access to analytics for free provided that you open a standard trading account with the broker. Customer support ForexCT strives to a high level of customer service. Customer service includes both personal managers and customer support operators who are ready to answer any of your questions around the clock. You can contact the support service by phone or e-mail specified on the broker's web page. The language of communication is English. Feedback The comments from foreign traders about the company, however, are rarely positive. Despite the license and a high guarantee of security of funds, there has been a huge number of negative reviews in recent years. One trading account and and almost no development over the entire period of service can be the proof of those negative comments. Traders complain about the difficulty withdrawing funds, sagging, and increasing the spread. What is more, traders mention aggressive methods of offering services by personal managers. Pros:
Cons:
0/10
(votes 2244)
Add comment
Interested in other brokers?
5
0
I have been pleased with Forex Capital Trading. In the MT4 platform's orders execution rate is fast and their spread is fixed. So I can use an EA or many useful tools, and technical indicators in their live price chart which timeframe I want. Especially their payment service is reliable via Skrill. I am profitable so far, overall their service has given me satisfaction in the market, As I have not any plan to change Forex Capital Trading!
I want to give my opinion about Forex Capital Trading broker. I tried to trade with them for 6 months, and I had a bad trading experience with them. in the beginning, I opened an account with them with $500 as an initial deposit, and then I traded using their MT4 platform. The platform is sucks, and it has so many delays on executions. I couldn't set my order in my desired positions. I have lost $200 in single trade because of them. Never trade with this broker.
I want to try out Forex Capital Trading because they seem to offer great trading deals. However, the starting capital is too high and I don't think I can afford to gamble that much money. I hope they can try to lower the starting capital so that beginners like me may also have a chance to experience trading with them.
This is the first time I open an account at Forex Capital Trading. I put $500 initial deposit and started to trade with them. I don't like their trading conditions. Also, customer service is not as friendly as other brokers. They don't give any importance to the customer. Once I asked for a withdrawal, they could supposedly process it on the same day but they kept me waiting, which is already two weeks and still they didn't process my withdrawal. Now. I'm thinking of closing my account at this broker after my withdrawal process successful. I can't trade with this kind of broker who gives a lot of delays and not being nice to clients.
I certainly try to find the time to trade in the most potentially time and profitable market. Sometime, an automated trading platform also help me to accomplish my forex trading. I have been using this broker for 1.5 years ago. To be honest, I have made 5 times withdrawal from $1000 - $2000 for each time. At this moment, I am still a part time trader and wish forex trading is a successful way to increase my income. I think this broker is suitable for swing trading and scalping.
Show more
Add comment
|
Brokers Reviews
RECOMMENDED BROKER
Forex charts and quotes
|
Forex Capital Trading review