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SOPHIE CAPITAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-01-10 17:59

Abstract:Incorporated in Australia, SOPHIE CAPITAL TRADING LTD presents itself as an online trading broker providing a series of trading instruments such as Forex, Metals, Commodities, Indices, and CFD products. SOPHIE CAPITAL is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.09/10. Please be aware of the risk.

Basic Information
Registered Countries Australia
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform MT5 trading platform
Trading Assets Forex, Digital Currencies, Indices, Shares, Commodities
Payment Methods N/A
Customer Support Email, Telephone

  General Information

  Incorporated in Australia, SOPHIE CAPITAL TRADING LTD presents itself as an online trading broker providing a series of trading instruments such as Forex, Metals, Commodities, Indices, and CFD products.

  SOPHIE CAPITAL is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.09/10. Please be aware of the risk.

wikifx-score

  Market Instruments

  Clients are provided the access to four classes of trading instruments covering Forex, Metals, Commodities, Indices, as well as CFD products.

 market-instruments

  Leverage

  SOPHIE CAPITAL does not elaborate on the maximum trading leverage it provides. Here are some trading leverage rules set by many regulators: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

  Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

  Trading Platform

  When it comes to SOPHIE CAPITAL, clients are provided the industry leading MT5 trading platform which is available on Windows, IOS, and Android. MT5 is considered as the best and most advanced forex trading platform in the world, offering user-friendly interface, powerful charting tools, multiple technical indicators and effective order execution capabilities.

  Customer Support

  If you have any inquiries or trading-related issues, you can first go to the FAQ section where you may find some useful information and if you need staff service, you can either call this broker at +4433000013131 or send them an email through support@tradero.co.

  Registered Address: Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960.

  Risk Warning

  Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

  The information presented in this article is intended solely for reference purposes.

  Pros & Cons

Pros Cons
MT5 trading platform No regulation
No clear information on minimum deposits, spreads, commissions, leverage
Poor customer support
Simple website design

  Frequently Asked Questions

  What trading instruments can I trade with on SOPHIE CAPITAL?

  SOPHIE CAPITAL offers access to a series of trading instruments, such as forex, metals, commodities, indices, CFDs.

  What is the maximum leverage available?

  The maximum trading leverage that is available on the SOPHIE CAPITAL platform is not mentioned.

  What trading platform does SOPHIE CAPITAL provide?

  SOPHIE CAPITAL provides the industry leading MT5 trading platform.

Related broker

No Regulation
SOPHIE CAPITAL
Company name:SOPHIE CAPITAL FINANCIAL TRADING LTD
Score
1.40
Website:https://www.scfxxfsc.com/#page1
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.40

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