Score

1.38 /10
Danger

Global Capital Fx

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.00

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Regulatory disclosure

Danger

EE FSA
2022-03-30

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Global Capital Fx · Company summary
Global Capital Fx Review Summary in 9 Points
Registered Country/Region United Kingdom
Regulation Not regulated
Market Instruments FX pairs, commodities like gold, digital currencies, shares, ETFs and indices
Demo Account Available
Max. Leverage 1:2000
Spread Average 1.4 pips (Standard account)
Trading Platform MT5
Minimum Deposit 0
Customer Support Telegram: GlobalCapital_FX
Instagram: globablcapitalfx
Email: Gcfxinfo@gmail.com

What is Global Capital Fx?

Global Capital Fx's homepage

Global Capital FX caters to those intrigued by the potential of the forex market but who might lack the time or experience to navigate it independently. They present copy trading as a solution, partnering with a supposedly regulated broker, Equiti, to address security concerns often associated with this approach. Their platform promises features designed to instill confidence, including automated trading solutions, transparent processes, and risk management tools. This combination aims to create a secure environment for users to copy the strategies of experienced traders and potentially generate passive income.

Pros & Cons

Pros Cons
Rich trading tools Not regulated
Demo account
Powerful MT5 platform
Friendly minimum deposit

Pros:

Rich trading tools: Global Capital FX offers a suite of resources potentially beneficial for informed trading decisions, including an economic calendar, asset overviews, and market news.

Demo Account: This allows users to practice trading with virtual funds before risking real capital, potentially mitigating initial risk.

Powerful MT5 Platform: Global Capital FX offers the MetaTrader 5 platform, it's a well-regarded industry standard known for its advanced charting and analytical capabilities.

Friendly Minimum Deposit: With a minimum deposit of zero, Global Capital FX could be attractive to new traders who are hesitant to invest a significant amount upfront.

Cons:

Not regulated: The absence of regulatory oversight raises significant security concerns. Without regulatory oversight, there's a higher risk of potential fraud or manipulation.

Is Global Capital Fx Legit?

No license

Given that Global Capital FX currently has no valid regulation, it's advisable for traders to approach with caution. Conduct thorough due diligence, consult with financial advisors, and consider other well-regulated and reputable investment options to ensure capital is protected.

Market Instruments

Market Instruments

Global Capital Fx highlights a broad investment selection, including FX pairs, commodities like gold, digital currencies, shares, ETFs and indices.

  • Foreign Exchange (Forex): This allows investors to trade currency pairs, speculating on exchange rate movements.

  • Commodities: investors will have access to commodities like gold, potentially enabling you to hedge against inflation or capitalize on price fluctuations.

  • Digital Currencies: They offer trading in digital currencies, but it's crucial to understand the inherent volatility associated with this asset class.

  • Shares: This provides the opportunity to invest in individual company stocks.

  • ETFs (Exchange-Traded Funds): These represent baskets of assets, potentially offering diversification across various sectors or asset classes.

  • Indices: This allows investors to track and potentially profit from the performance of a particular market segment, such as the S&P 500.

Account Types

Account opening
Account comparison

Global Capital Fx offers two account types: Standard and Premier.

The Standard account caters to those starting out, with no minimum deposit required. It features higher leverage (up to 1:2000) but wider average spreads (1.4 pips) and no commission fees.

The Premier account, suited for more experienced traders, necessitates a minimum deposit of $100.While leverage remains high (up to 1:2000), it boasts tighter average spreads (0 pips) but charges a commission of US$3.5 per lot per side (meaning both opening and closing the trade). before committing any funds.

Leverage

Global Capital Fx emphasizes high leverage, offering a maximum of 1:2000 for both their standard and premier accounts.This can magnify profits if the markets move in investor's favor, but also significantly amplify losses if they move against investors. Before utilizing such aggressive leverage, it's crucial to understand the inherent risks involved. Practicing sound risk management strategies and having a strong understanding of the markets is essential when using high leverage.

Spreads & Commissions

Global Capital Fx caters to different trading styles through their account structure's spread and commission fees. The Standard account targets beginners with a wider spread (1.4 pips) but no commission fees, potentially appealing to those prioritizing upfront costs.

Conversely, the Premier account caters to more frequent traders with tighter spreads (0 pips) but charges a commission of US$3.5 per lot per side (including opening and closing trades). This commission structure might be more suitable for traders focused on frequent, smaller-volume trades where tight spreads can outweigh the commission costs.

Trading Platform

MT5

Global Capital Fx uses MT5 trading platform. This platform potentially benefits users with its robust charting tools for market analysis, allows automation with Expert Advisors, offers comprehensive order management, and supports trading various asset classes, all wrapped in a user-friendly interface.

Trading Tools

Trading Tools

Global Capital Fx touts a comprehensive suite of trading tools designed to empower users of various experience levels. Their “Assets Overview” utilizes AI analysis to identify potential opportunities, while the “Signal Center” provides human-led and AI-powered trade ideas with entry points, stop-loss, and take-profit suggestions. For fundamental analysis,the “Research Terminal” leverages AI to track news sentiment and volatility, potentially helping predict price movements.

An “Economic Calendar” keeps users informed about upcoming economic events and their potential impact on markets. Daily market news snapshots and a library of educational resources round out their offerings. However, it's important to remember that the effectiveness of these tools hinges on the quality of the underlying data and analysis. Furthermore, the lack of regulatory oversight surrounding Global Capital Fx casts a shadow over the reliability of these tools.

Deposits & Withdrawals

Deposits & Withdrawals
Deposits & Withdrawals

Global Capital Fx offers a variety of deposit and withdrawal methods including Visa, Mastercard, Skrill, and Neteller.

Deposits and withdrawals using credit cards incur no fees, while e-wallets like Skrill and Neteller have a withdrawal fee of 1% capped at US$30. Processing times for both deposits and withdrawals are generally 1-2 business days.

Customer Service

Contact info

Global Capital Fx accepts Email, instagram, telegram contact.

Telegram Support: GlobalCapital_FX

Instagram: globablcapitalfx

Email: Gcfxinfo@gmail.com

Education

Education

While specific details are lacking, Global Capital Fx claims to offer educational resources encompassing various aspects of forex trading. This could include materials related to:

Trading Basics: Learning the core principles of forex trading, including order types, positions, and margin.

Risk Management: Understanding and implementing strategies to mitigate risk, such as stop-loss orders and proper position sizing.

Market Analysis: Developing the skills to analyze market movements through technical and fundamental analysis.

Popular Trading Strategies: Exploring established trading strategies used by forex traders, potentially including trend following, breakout trading, and carry trade strategies.

Conclusion

Global Capital Fx boasts a variety of features that might appeal to traders, including a user-friendly MT5 platform, diverse asset selection (forex, commodities, stocks, ETFs, indices), and a range of educational resources. They offer standard and premier accounts with high leverage (up to 1:2000), catering to different trading styles through variable spreads and commission structures. Deposit and withdrawal options seem convenient (including credit cards, e-wallets), but beware of potential withdrawal fees.

The biggest concern is the lack of regulatory oversight. Without regulatory safeguards, the security of investors' funds and the fairness of trade executions cannot be guaranteed.

Frequently Asked Questions (FAQs)

Question 1: Is Global Capital Fx regulated?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: Does Global Capital Fx offer demo accounts?
Answer 2: Yes.
Question 3: Does Global Capital Fx offer the industry leading MT4 & MT5?
Answer 3: Yes. Global Capital Fx offer the MT5 platform for traders.
Question 4: What is the minimum deposit for Global Capital Fx?
Answer 4: There is no minimum initial deposit to open a standard account.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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Ryan543
more than one year
This was an unregulated and scammy chinesse broker that fortunately no longer exists since 2020. I know people who deposited here and were unable to withdraw later on.
This was an unregulated and scammy chinesse broker that fortunately no longer exists since 2020. I know people who deposited here and were unable to withdraw later on.
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2023-04-09 17:40
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FX1270229092
more than one year
Please stay away from these scam companies! I've seen too many people get scammed! You can never be too careful when investing in Forex!
Please stay away from these scam companies! I've seen too many people get scammed! You can never be too careful when investing in Forex!
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2023-02-23 11:27
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