Score

1.46 /10
Danger

Best Capital

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.60

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Best Capital · Company summary
Key Information Details
Company Name Best Capital
Years of Establishment 2-5 years
Headquarters Marshall Islands
Office Locations Ajeltake Island, Majuro, Republic of Marshall Islands, MH 96960
Regulation Unregulated
Tradable Assets Forex, Metal, Indices, Energies, Shares, Crypto
Account Types Premium, VIP, Standard
Minimum Deposit $150
Leverage Up to 1:200
Spread 0.4
Deposit/Withdrawal Methods Papara, K.karti, PayPal, Cepbank, EFT, Skrill
Trading Platforms MetaTrader 5
Customer Support Options Phone line, Email, Physical Address
Bonus Offering Available

Overview of Best Capital

Best Capital is an unregulated brokerage that offers trading services in various markets, including Forex, Metal, Indices, Energies, Shares, and Crypto. With a presence of 2-5 years, the company operates from its headquarters in the Marshall Islands.

Capital provides multiple account types, namely Premium, VIP, and Standard, each with different minimum deposit requirements ranging from $150 to $15,000. Traders can take advantage of leverage ratios of up to 1:200 and benefit from a trading platform powered by MetaTrader 5. The company supports several deposit and withdrawal methods, including Papara, K.karti, PayPal, Cepbank, EFT, and Skrill. Customers can reach out to their customer support team through a phone line, via email, or physical address.

basic-info

Regulation

Best Capital operates without any regulatory oversight, making it an unregulated broker. As an unregulated entity, the company does not adhere to the guidelines, supervision, or oversight typically imposed by regulatory authorities. This lack of regulation means that there are no specific protocols or standards in place to ensure compliance, transparency, or investor protection. The absence of regulation may impact factors such as risk management practices, client fund segregation, and dispute resolution procedures, as these are usually monitored and enforced by regulatory bodies. Traders should be aware that engaging with an unregulated broker carries inherent risks and may result in a different level of legal and financial safeguards compared to regulated entities.

Pros and Cons

Best Capital offers trading services in various markets, including Forex, Metal, Indices, Energies, Shares, and Crypto, providing clients with a range of options to diversify their investment portfolios. The company supports the popular MetaTrader 5 trading platform, known for its wide range of trading tools. Best Capital also offers different account types, catering to traders with varying investment preferences and risk tolerance. With leverage ratios of up to 1:200, traders have the potential to amplify their trading positions. Additionally, the availability of multiple deposit and withdrawal methods, such as Papara, K.karti, PayPal, Cepbank, EFT, and Skrill, provides flexibility and convenience for clients.

One notable drawback is the lack of regulation. Best Capital operates as an unregulated broker, which means it does not adhere to the oversight and requirements typically imposed by regulatory authorities. This absence of regulation raises concerns about investor protection and the company's adherence to industry standards. Another drawback is the limited information available on the website regarding account types, minimum deposits, leverage ratios, and spreads. This lack of transparency may make it challenging for potential clients to fully assess and compare the company's offerings. Traders may need to proceed with caution and conduct thorough due diligence when considering Best Capital as their chosen brokerage.

Pros Cons
Offers a wide range of tradable markets Lack of regulation
MetaTrader 5 trading platform Limited information on account types, deposits, leverage, and spreads
Various Account Types
Leverage ratios up to 1:200
Multiple deposit and withdrawal methods
pros

Market Instruments

Best Capital offers a diverse range of market instruments, including Forex, Metal, Indices, Energies, Shares, and Crypto, allowing traders to engage in various investment opportunities.

Forex - Best Capital provides access to the Forex market, allowing traders to engage in currency trading. This market involves the buying and selling of different currency pairs, enabling participants to speculate on the fluctuations in exchange rates. Traders can potentially take advantage of opportunities in major, minor, and exotic currency pairs.

Metal - Best Capital offers the opportunity to trade metals, which typically include precious metals like gold, silver, platinum, and palladium. Metal trading allows investors to speculate on the price movements of these commodities, providing potential avenues for diversification and hedging strategies.

Indices - Best Capital facilitates trading in indices, which represent a group of stocks that measure the performance of a specific market or sector. By trading indices, investors can gain exposure to a broader market or specific industry without needing to trade individual stocks. This enables them to potentially benefit from market trends and fluctuations.

Energies - Best Capital allows trading in energies, which encompass commodities like crude oil, natural gas, and other energy-related products. Trading in energy markets allows participants to take positions on the price movements of these commodities, influenced by factors such as supply and demand dynamics, geopolitical events, and economic conditions.

Shares - Best Capital offers the opportunity to trade shares, allowing investors to buy and sell shares of publicly traded companies. By participating in share trading, individuals can potentially benefit from the price movements of specific stocks, with opportunities to capitalize on company-specific news, earnings reports, and overall market sentiment.

Crypto - Best Capital provides access to the cryptocurrency market, enabling traders to buy and sell various digital currencies such as Bitcoin, Ethereum, Litecoin, and more. Crypto trading allows participants to speculate on the price movements of cryptocurrencies, driven by factors like market demand, technological developments, and regulatory developments.

The following is a comparitive table of Best Capital's market instruments ordered to trade versus other brokerages:

Broker Market Instruments
Best Capital Forex, Metal, Indices, Energies, Shares, Crypto
Alpari Forex, Metal, Indices, Energies, Shares, Crypto
HotForex Forex, Metal, Indices, Energies, Shares, Crypto
IC Markets Forex, Metal, Indices, Energies, Shares, Crypto
RoboForex Forex, Metal, Indices, Energies, Shares, Crypto

Account Types

Best Capital offers three distinct account types: Premium, VIP, and Standard, each catering to different trading needs and requiring varying minimum deposits. Specifics are as follows:

Premium Account - Best Capital offers a Premium account type, which requires a minimum deposit of $1500. This account provides traders with access to various markets, including Forex, Metal, Indices, Energies, Shares, and Crypto. With a leverage ratio of up to 1:200, traders have the potential to amplify their positions. The minimum spread for this account is 0.6 pips.

VIP Account - Best Capital also offers a VIP account type, which requires a higher minimum deposit of $15000. This account provides similar access to the markets as the Premium account, including Forex, Metal, Indices, Energies, Shares, and Crypto. The leverage ratio for the VIP account is also up to 1:200, offering potential opportunities for increased trading positions. The minimum spread for this account is 0.4 pips.

Standard Account - Best Capital provides a Standard account type, which requires a minimum deposit of $150. This account grants traders access to the same markets as the other account types, including Forex, Metal, Indices, Energies, Shares, and Crypto. The leverage ratio for the Standard account is up to 1:200. However, the minimum spread for this account is slightly higher at 0.8 pips.

Account Minimum Deposit Leverage Minimum Spread
Premium $1,500 Up to 1:200 0.6 pips
VIP $15,000 Up to 1:200 0.4 pips
Standard $150 Up to 1:200 0.8 pips

How to open an account?

  1. Navigate the Best Capital website and find the “Open Account” button at the top of the page.

    1. account-types
  2. Input all of the required information including the user's Country of Residence and Phone Number

  3. Agree to the Terms and Conditions and then click the “Sign Up” button at the bottom of the page.

    1. open-account
  4. From there, the user should be brought to the account type option screen, where the user can choose to continue the creation of the account.

Minimum Deposit

Best Capital offers different minimum deposit rates based on the account type chosen. The Premium account requires a minimum deposit of $1500, while the VIP account necessitates a higher minimum deposit of $15000. For traders looking for a lower initial investment, the Standard account offers a minimum deposit of $150. These varying minimum deposit rates provide flexibility for traders with different investment preferences and risk levels.

Leverage

Best Capital offers leverage options to its traders, with a maximum leverage ratio of up to 1:200. Leverage allows traders to control larger positions in the market with a smaller initial investment. This can potentially amplify both profits and losses.

Spread

Best Capital provides competitive spreads for traders. The minimum spread offered by the company varies depending on the account type and the market instrument being traded. The Premium account offers a minimum spread of 0.6 pips, while the VIP account provides a lower minimum spread of 0.4 pips. On the other hand, the Standard account has a slightly higher minimum spread of 0.8 pips.

Deposit & Withdrawal

Best Capital offers several deposit and withdrawal methods for clients to manage their funds conveniently. The available methods include Papara, K.karti, PayPal, Cepbank, EFT, and Skrill. These payment options provide flexibility and cater to different preferences and needs of traders. By supporting various deposit and withdrawal methods, Best Capital can facilitate smooth and efficient transactions for its clients. It is important to consider that information about any potential fees or processing times is not included by Best Capital.

payment-methods

Trading Platforms

Best Capital offers MetaTrader 5 as their only trading platform. MetaTrader 5 is a popular platform known for its advanced charting capabilities, technical analysis tools, and automated trading features. With its user-friendly interface and comprehensive functionality, MetaTrader 5 provides traders with a powerful platform to execute trades, monitor market movements, and analyze trading opportunities across multiple markets.

One potential disadvantage of having only one trading platform is that it limits the options for traders who may have a preference for alternative platforms or seek specific features offered by other platforms. Some traders may prefer a different interface or tools provided by other trading platforms, and having only one option could restrict their choices. Additionally, if the chosen trading platform experiences technical issues or downtime, traders may encounter difficulties accessing their accounts or executing trades, resulting in potential trading disruptions. Offering a wider range of trading platforms can provide traders with more flexibility and cater to individual preferences and needs.

The following is a comparitive table of Best Capital's trading platform availablility versus other brokerages:

Broker Trading Platforms
Best Capital MetaTrader 5
Alpari MetaTrader 4, MetaTrader 5
HotForex MetaTrader 4, MetaTrader 5
IC Markets MetaTrader 4, MetaTrader 5
RoboForex MetaTrader 4, MetaTrader 5
trading-platform

Customer Support

Best Capital offers customer support through a phone line and email, providing clients with options to seek assistance and address their inquiries.

Phone line: Best Capital offers customer support through a dedicated phone line, which can be reached at +380 947127079. Traders can utilize this direct communication method to speak with a representative and receive real-time support for their inquiries, account-related concerns, or technical assistance.

Email: Best Capital offers customer support via email. Clients can send their queries or concerns to the designated customer service email address, info@bestcapital.live. Email support allows for written correspondence and provides a convenient way for clients to seek assistance or clarification.

Bonus Offers

Best Capital offers several bonus offers to its clients, including a 10% stop out bonus, a 20% account transfer bonus, and a 30% first investment bonus. These bonuses provide potential incentives for traders to engage with the company and may serve as additional funds that can be utilized for trading purposes. The stop out bonus, account transfer bonus, and first investment bonus provide opportunities for clients to potentially enhance their trading experience. It's important to note that specific terms and conditions likely apply to these bonuses, and no further information was provided by Best Capital.

bonus
bonus

Conclusion

In summary, Best Capital is an unregulated brokerage company that has been operating for a period of 2-5 years. Headquartered in the Marshall Islands, they provide trading services in various markets, including Forex, Metal, Indices, Energies, Shares, and Crypto. There are in total 3 different account types available, namely Premium, VIP, and Standard.

Traders have available a leverage ratio of up to 1:200 and access the advanced MetaTrader 5 trading platform for their trading activities. Customer support is offered through a phone line and email channels. It's worth noting that Best Capital operates without regulation, which may have implications for investor protection.

FAQs

Q: What types of markets does Best Capital offer for trading?

A: Best Capital provides trading opportunities in Forex, Metal, Indices, Energies, Shares, and Crypto markets.

Q: What is the maximum leverage ratio offered by Best Capital?

A: Best Capital offers leverage ratios of up to 1:200.

Q: What are the available account types at Best Capital?

A: Best Capital offers Premium, VIP, and Standard account types.

Q: How can traders reach the customer support team at Best Capital?

A: Traders can contact Best Capital's customer support team through a phone line and email channels.

Q: Does Best Capital operate with any regulatory oversight?

A: No, Best Capital operates as an unregulated broker.

Q: Which trading platform does Best Capital provide?

A: MetaTrader 5 trading platform.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment