Score

5.27 /10
Average

SECURCAP

Seychelles

5-10 years

Regulated in Seychelles

Retail Forex License

Medium potential risk

Offshore Regulated

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index7.15

Risk Management Index8.90

Software Index6.13

License Index3.92

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Securcap Securities Ltd

Company Abbreviation

SECURCAP

Platform registered country and region

Seychelles

Company website

Twitter

Facebook

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-09-29
  • The Seychelles FSA regulation with license number: SD012 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

SECURCAP · Company summary
SECURCAP Review Summary
Founded2015
Registered Country/RegionSeychelles
RegulationFSA (Offshore)
Market InstrumentsCurrencies, Commodities, Stock indices, Bonds
Demo AccountAvailable
Maxmum LeverageUp to 1:500
SpreadFrom 3 pips (Live account)
From 1 pip (Premium account)
Trading PlatformsMT5 Windows, MT5 MacOS, Android Trader, iPhone & iPad Trader
Minimum Deposit$200
Customer SupportContact form, live chat
Phone: +248 4323 763
Email: info@securcap.com
Address: SECURCAP SECURITIES LTD. Office 4, Suite C2, Orion Mall, Palm Street Avenue, Victoria, Seychelles

SECURCAP Information

Founded in 2015, SECURCAP is a brokerage company with an offshore regulation registered in Seychelles. The company offers currencies, commodities, stock indices, and bonds with the MetaTrader 5 (MT5) platform for trading. It also provides live account and premium account with different leverage and minimum deposit requirements.

SECURCAPs homepage

Pros & Cons

ProsCons
Diverse trading instrumentsOffshore regulation
MT5 platformsRegistration difficulty
Comprehensive customer support
Educational resources

Pros:

Diverse trading instruments

SECURCAP offers clients with a variety of trading instruments such as currencies, commodities, stock indices, and bonds.

MT5 platforms

SECURCAP offers MT5 platform (Windows, MacOS, Android Trader, and iPhone & iPad Trader).

Comprehensive customer support

SECURCAP offers phone, email, address, contact form, and live chat.

Educational resources

SECURCAP provides educational lessons, a glossary, and Economic Calendar for learning.

Cons:

Offshore regulation

SECURCAP is currently regulated by the Financial Services Authority (FSA) under offshore regulatory status. Offshore regulation is risky.

Registration difficulty

The page for opening an account cannot be found currently. New clients cannot register successfully.

Is SECURCAP Legit?

SECURCAP is currently regulated by the Financial Services Authority (FSA) under offshore regulatory status. Offshore regulation means that the regulator only regulates a part of the broker's trading scope. Compared with complete regulations, offshore regulatory status adds to the risk of trading, so we remind you to be aware of the risk.

Offshore regulated by FSA

Market Instruments

SECURCAP offers clients with a variety of trading instruments such as currencies, commodities, stock indices, and bonds. You can choose the product you like to trade, but please be aware of its offshore regulation.

Market Instruments

Account Types

SECURCAP provides two types of accounts: live account and premium account. They have different min Deposit requirements. For live account, $200 is required for minimum deposit; while for the premium account, the requirement is much higher up to $10,000.

Account comparison

How to Open an Account?

After clicking the button ''Create Account''on the homepage, we found that the page for opening an account cannot be found. This is a signal for risk. If you can't register with this broker, you cannot do any trading with them at all.

How to Open an Account?

Leverage

SECURCAP offers a maximum leverage of 100:1 for the live account and up to 200:1 for the premium account. However, on its homepage, it claims to offer leverage up to 1:500. The leverage is not very high, so the risk of big losses is lower at the same time. You can choose the one you see fit.

Spreads & Commissions

SECURCAP offers the spread from 3 pips for the live account and 1 pip for the premium account. The commission of the two types of accounts is both $15.

Account TypeCommissionSpreads
Live Account$15From 3 pips
Premium AccountFrom 1 pip

Trading Platforms

SECURCAP offers MT5 Windows, MT5 MacOS, Android Trader, and iPhone & iPad Trader for its clients. Although MT5 is the worlds most popular trading platform, the company's offshore license can be a drawback.

MT5

Customer Service

SECURCAP's support team can be reached through:

  • Contact form, live chat
  • Phone: +248 4323 763
  • Email: info@securcap.com
  • Address: SECURCAP SECURITIES LTD. Office 4, Suite C2, Orion Mall, Palm Street Avenue, Victoria, Seychelles
Contact form

Education

SECURCAP offers educational lessons, but you need to login to yourLive Account to continue the lessons.

Educational lessons

SECURCAP also provides a glossary and Economic Calendar to help clients with their trading process.

Glossary
Economic Calendar

Conclusion

In conclusion, SECURCAP offers diverse trading instruments with industry-leading MT5 platform, two account types with flexible deposit requirements and leverage, comprehensive customer support channels, and multiple educational resources. Apart from its offshore regulation, SECURCAP is a relatively viable option.

Q&A

Is SECURCAP regulated?

SECURCAP is currently regulated by theFinancial Services Authority (FSA) under offshore regulatory status.

Does SECURCAP offer demo accounts?

No.

What trading instruments does SECURCAP offer?

SECURCAP offers currencies, commodities, stock indices, and bonds.

Is SECURCAP a good broker for beginners?

SECURCAP is not a good choice for beginners for its offshore regulatory status.

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.

User Reviews

More

User comment

3

Comments

Write a review

FX1047816953
more than one year
¡Plataforma cara! Si no puede reunir 10.000 dólares estadounidenses para abrir una cuenta, debe lidiar con el spread EURUSD de 3 pips. Pero si realmente sacas 10.000 dólares estadounidenses, quién sabe si te defraudarán con tu dinero, después de todo, solo tienen una licencia offshore.
¡Plataforma cara! Si no puede reunir 10.000 dólares estadounidenses para abrir una cuenta, debe lidiar con el spread EURUSD de 3 pips. Pero si realmente sacas 10.000 dólares estadounidenses, quién sabe si te defraudarán con tu dinero, después de todo, solo tienen una licencia offshore.
Translate to English
2022-11-25 19:11
Reply
0
0
流浪叮当5280
more than one year
Their regulation condition is not good, seems to be offshore. And the spread is extremely high as 3 pips on their most basic account type. MT5 is available, but MT4 is excluded.
Their regulation condition is not good, seems to be offshore. And the spread is extremely high as 3 pips on their most basic account type. MT5 is available, but MT4 is excluded.
Translate to English
2022-11-23 14:52
Reply
0
0