Bright House Capital Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-30 15:49

Abstract：Registered in Dominica in 2020, Brighthouse Capital Market operates as a financial services provider, offering trading in Commodities, Precious Metals, Energies, and Shares through the industry-standard MetaTrader5 trading platform. Additionally, it provides 24/7 trading and customer support. However, the company is not regulated by any financial authorities.

Brighthouse Capital Market Review Summary
Founded	2020
Registered Country/Region	United Arab Emirates
Regulation	Unregulated
Market Instruments	Commodities, Precious Metals, Energies, Shares
Demo Account	✅
Leverage	/
Trading Platform	MT5
Min Deposit	$20
Customer Support	24/7 support
	Tel: +91 48928810
	Email: info@brighthousecapitalmarket.com
	X: https://x.com/HouseMarkets
	Facebook: https://www.facebook.com/Bright-House-Capital-Markets-LLC-100265958522636/
	Instagram: https://www.instagram.com/brighthousecapitalmarket/
	Registered Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
	Physical Address: Office No. 6, 4th Floor, Mohammed Ahmed Wajdi Building (Building 265), Near Talal Super Market, Al Suq Al Kabeer, Bur Dubai, Dubai, UAE
Regional Restrictions	The United States, Cuba, Iraq, Myanmar, North Korea, Sudan

　　Registered in Dominica in 2020, Brighthouse Capital Market operates as a financial services provider, offering trading in Commodities, Precious Metals, Energies, and Shares through the industry-standard MetaTrader5 trading platform. Additionally, it provides 24/7 trading and customer support. However, the company is not regulated by any financial authorities.

Pros and Cons

Pros	Cons
Demo accounts	Regional restrictions
MT5 trading platform	No regulation
Low minimum deposit	Limited trading choices
24x7 support	Unclear payment methods
Comprehensive contact channels

Is Brighthouse Capital Market Legit?

　　No, Brighthouse Capital Market lacks legal regulation from oversight institutions, which raises concerns regarding its operational integrity and adherence to industry standards.

What Can I Trade on Brighthouse Capital Market?

　　Brighthouse Capital Market mainly offers five different asset classes in financial instruments including Commodities, Precious Metals, Energies and Shares.

Tradable Instruments	Supported
Commodities	✔
Precious Metals	✔
Energies	✔
Shares	✔
Forex	❌
Indices	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

What Can I Trade on Brighthouse Capital Market?

Account Type

　　Brighthouse Capital Market provides a free demo account, enabling you to familiarize yourself with the trading market in a risk-free setting. However, the platform does not offer a variety of live accounts and requires a minimum deposit of $20.

Trading Platform

　　Brighthouse Capital Market asserts that it offers MetaTrader5 accessibility across a multitude of devices, including PC, MAC, Androids, iOS devices, and Pad. However, given its unregulated status, we suspect that its claimed trading permission from MetaTrader5 may not be genuine.