Capital500 Review (capital500.eu Scam) – Forex Broker Reviews, Trading Platform Reviews
The world of online trading is filled with a plethora of brokers, but it’s not always easy to determine which ones are trustworthy and reliable. One such broker that has garnered attention in recent times is Capital500, a European-based online brokerage firm that claims to offer a wide range of financial instruments and innovative trading tools. But, is it a legitimate platform or a scam? In this article, we’ll delve into the world of Capital500 and provide a comprehensive review to help you make an informed decision.
Background
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Capital500 is a relatively new player in the online brokerage space, with its origin dating back to 2016. Based in Cyprus, the company is regulated by the Cyprus Securities and Exchange Commission ( CySEC) and the European Securities and Markets Authority (ESMA). These regulatory bodies ensure that the firm adheres to a strict set of guidelines and standards, which is reassuring for potential clients.
Trading Platform
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Capital500 offers its proprietary trading platform, which is accessible via the web, desktop, and mobile apps. The platform is user-friendly, with a clean and intuitive interface that makes it easy for beginners to navigate. The platform also features a wide range of advanced charting tools, technical indicators, and risk management options, making it suitable for both novice and experienced traders.
Trading Products
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Capital500 offers a diverse range of financial instruments, including major and minor currency pairs, several indices, commodities, and over 1,000 shares of international and European companies. The minimum spread starts from 0.8 pips, which is competitive in the market. The leverage offered is up to 1:500, which is relatively higher than some other brokers, but it’s essential to note that high leverage can be dangerous for novice traders.
Fees and Commissions
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Capital500 charges a flat fee of €0.05 per lot for trading purposes, which is relatively low compared to some other brokers. However, the company also charges a $10 monthly inactivity fee, which may not be ideal for inactive traders. Other fees, such as the minimum deposit requirement of £500, may apply depending on the account type.
Account Types
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Capital500 offers a range of account types, including:
* Standard Account: This account type is suitable for beginners, with a minimum deposit of £500 and a maximum leverage of 1:500.
* Premium Account: This account type requires a minimum deposit of £5,000 and offers a more personalized service
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