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Highstone Capital Pty Ltd Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 11:08

Abstract:Founded in Australia in 2023, Highstone Capital is an unregulated trading platform offering trading on forex, precious metals, energy commodities, stock indexes, and virtual currencies with leverage up to 1:100 and EUR/USD spread from 0.7 pips via web and mobile trading platforms.

Highstone Capital Review Summary
Founded2023
Registered Country/AreaAustralia
RegulationASIC (Revoked)
Market InstrumentsForex, Precious Metals, Energy Commodities, Stock Indexes, Virtual Currencies
Demo Account✅
LeverageUp to 100:1
EUR/USD SpreadFrom 0.7 pips
Trading PlatformWeb, mobile
Min Deposit$0
Customer SupportEmail: support@highstonefx.com
Address: 3508 101 Bathurst St Sydney NSW 2000, Level 16 175 Pitt St, Sydney 2000, NSW

Highstone Capital Information

  Founded in Australia in 2023, Highstone Capital is an unregulated trading platform offering trading on forex, precious metals, energy commodities, stock indexes, and virtual currencies with leverage up to 1:100 and EUR/USD spread from 0.7 pips via web and mobile trading platforms.

Highstone Capital's homepage

Pros and Cons

ProsCons
Diverse market instrumentsRevoked ASIC license
Tight EUR/USD spreadSingle account type
Demo account availableNo MT4/5
Minimum deposit as low as $0Limited contact channels

Is Highstone Capital Legit?

  No. Highstone Capital currently only holds a revoked Australia Securities & Investment Commission (ASIC) license.

Regulatory AgencyAustralia Securities & Investment Commission (ASIC)
Regulatory StatusRevoked
Regulated byAustralia
Licensed InstitutionHighstone Capital Pty Ltd
Licensed TypeAppointed Representative (AR)
Licensed Number001306266
Revoked ASIC license

Market Instruments

Tradable Instruments Supported
Forex✔
Precious Metals✔
Energy✔
Stock Indexes✔
Virtual Currencies✔
Bonds❌
Options❌
ETFs❌

  

Market Instruments

Account Type

  Highstone Capital only offers a single account type - Standard Trading Account.

Account TypeStandard Trading Account
Minimum Deposit$0
LeverageUp to 100:1
SpreadVaries, e.g. EURUSD: 0.7 pips, USDJPY: 1 pip
CommissionTransaction fee: $11 per 100,000 currencies (1 lot)
Demo Account✅

Leverage

  Highstone Capital offers maximum leverage up to 100:1, meaning you can control $100,000 with just $1,000. This amplifies potential profits, but also magnifies losses, so use it cautiously!

Highstone Capital Fees

  Spreads vary by the currency pair you trade.

Currency PairSpread
EUR/USD0.7 pips
USD/JPY1 pip
GBP/USD0.8 pips
AUD/USD0.8 pips
USD/CAD1.1 pips

  The transaction fee is $11 per 100,000 currencies (1 lot).

Highstone Capital Fees

Trading Platform

  Instead of the industry-leading MT4 and MT5 trading platforms, Highstone Capital only offers a platform which is accessible through web and mobile devices.

Trading PlatformSupported Available Devices Suitable for
Highstone Capital Platform✔Web, mobile/
MT4❌/Beginners
MT5❌/Experienced traders

  

Trading Platform

Deposit & Withdrawal

  Highstone Capital accepts payments via domestic bank transfers and virtual currencies.

  Domestic bank transfers: This is a familiar and convenient choice for those comfortable with online banking. While transfer fees may apply depending on your bank, it offers a reliable means to move funds.

  Virtual currency deposits: Fees vary based on the chosen coin.

  To encourage new investors and accommodate smaller budgets, Highstone Capital has set a minimal deposit requirement: $0.

  The payment processing time varies on the payment methods.

  • Deposits: Processed within 1-2 business days for domestic bank transfers and instantly for virtual currencies.
  • Withdrawals: Typically processed within 24 hours, with the funds arriving in your chosen account within 1-5 business days, depending on your bank.

Related broker

No Regulation
Highstone Capital Pty Ltd
Company name:Highstone Capital Pty Ltd
Score
1.34
Website:https://highstonefx.com/?lang=en
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.34

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