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Elite Capitals Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:15

Abstract:Elite Capitals is based in the United Kingdom and was founded in 2019. This broker offers kinds of tradable assets, including Forex currency pairs, commodities, indices, cryptocurrencies through MT4 trading platform. It also offers different account types, such as Standard, Premium, and Islamic accounts, to accommodate various trading preferences.

Elite CapitalsReview Summary
Founded2019-07-19
Registered Country/RegionUnited Kingdom
RegulationSuspicious clone by Australia
Market InstrumentsForex currency pairs, commodities, indices, cryptocurrencies
Demo AccountYes
Leverage1:500
Spread0.1 pips
Trading PlatformMetaTrader 4 (MT4) and potentially other platforms
Min Deposit$100

  Elite Capitals is based in the United Kingdom and was founded in 2019. This broker offers kinds of tradable assets, including Forex currency pairs, commodities, indices, cryptocurrencies through MT4 trading platform. It also offers different account types, such as Standard, Premium, and Islamic accounts, to accommodate various trading preferences.

Pros and Cons

Pros Cons
NoneSuspected cloned regulations
Uncertainty of investor protection and fund safety

Is Elite Capitals Legit?

  Elite Capitals is a suspected fake clone. Elite Capitals claims to be regulated by the Australia ASIC with license number 335692. However, this regulation is suspected to be a clone or invalid. Traders should be cautious and consider alternatives when trading.

Is Elite Capitals Legit?

What Can I Trade on Elite Capitals?

  Elite Capitals offers kinds of trading assets to satisfy the different needs of different traders. In addition to Forex, Elite Capitals provides trading opportunities in commodities such as gold, silver, crude oil, and natural gas. Furthermore, Elite Capitals offers trading in cryptocurrencies, including popular digital assets such as Bitcoin, Ethereum, and Litecoin.

What Can I Trade on Elite Capitals?
Tradable InstrumentsSupported
Forex✔
Commodities✔
Crypto✔
CFD❌
Indexes✔
Stock❌
ETF❌
Options❌

Account Types

  Elite Capitals offers three types of accounts including standard account, Islamic account and ECN account. In addition, all accounts support demo accounts. The leverage offered by Elite Capitals is 1:200-1:500. Only ECN accounts do not charge commission and spreads are as low as 0 pips.

FeatureStandardIslamicECN
LeverageUp to 1:500Up to 1:500Up to 1:200
SpreadsStarting from 0.1 pips for EUR/USDStarting from 0.1 pips for EUR/USDStarts from 0.0 pips
Commissions$0.02 per sideNoneNone
Minimum Deposit$100$200$1,000
Demo AccountYes, unlimited demo account availableYes, unlimited demo account availableYes, unlimited demo account available
Trading ToolsMetaTrader 4MetaTrader 4MetaTrader 4

Leverage

  The maximum leverage provided by Elite Capitals varies depending on the trading instrument and account type. The maximum leverage offered by Elite Capitals is up to 1:500.

  This means traders can control positions in the market up to 500 times the amount of their trading capital.

Elite Capitals Spreads

  In a standard account, traders can benefit from spreads of major currency pairs such as EUR/USD as low as 0.1 pips as well as Islamic account. In addition, in the ECN account, the spread of major currency pairs such as EUR/USD starts at 0.0 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for what investor
MetaTrader 4✔Windows, MAC, IOS, and AndroidInvestors of all experience levels
MetaTrader 5❌
Web Trader❌

  

Related broker

Unverified
Elite Capitals
Company name:Elite Capitals
Score
1.75
Website:https://elitexcapitals.com/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.75

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