Abstract:Trade Capital Market Ltd. (TCM) is an unregulated broker operating in Belize. They offer trading in various market instruments including forex, cryptocurrencies, indices, precious metals, and commodities. TCM provides different account types with varying minimum deposits, leverage levels, spreads, and commission fees. They utilize the MetaTrader 5 (MT5) trading platform and offer customer support through phone and email. However, caution is advised as there have been reports of withdrawal issues and lack of reliable support from TCM.
Registered Country/Area | Belize |
Founded Year | 2-5 years |
Company Name | Trade Capital Market Ltd. |
Regulation | No recognized regulation |
Minimum Deposit | $10 (Solo account) |
Maximum Leverage | Up to 1:1000 (Solo account) |
Spreads | Starting from 0.0 pip |
Trading Platforms | MetaTrader 5 (MT5) |
Tradable Assets | Forex, Cryptocurrencies, Indices, Precious Metals, Commodities |
Account Types | Solo, Elite, 0 Spread, Optimum, Prime |
Demo Account | Available |
Islamic Account | Not mentioned |
Customer Support | Phone: +44-2036958896, +971-43306363; Email: support@tradecapitalmarket.com |
Payment Methods | OK Pay, FasaPay, WebMoney, Perfect Money, bank transfer, Neteller |
Educational Tools | Not mentioned |
TCM, or Trade Capital Market Ltd., is a Belize-based financial trading company that operates without recognized regulation. This lack of oversight poses potential risks for individuals considering engaging with the broker. Trade Capital Market Ltd. offers market instruments such as forex, cryptocurrencies, indices, precious metals, and commodities for trading purposes. However, caution is advised due to the lack of regulatory supervision.
The company provides different account types with varying minimum deposits, spreads, leverage, and commission fees. Account options include Solo, Elite, 0 Spread, Optimum, and Prime accounts. Traders should exercise caution when using leverage and carefully consider the spreads, commission fees, and minimum deposits associated with each account type.
Trade Capital Market Ltd. utilizes the widely used MetaTrader 5 (MT5) trading platform, offering features and tools for trading. However, the company's customer support may not be reliable or prompt. It is important for individuals to carefully evaluate the risks involved and exercise caution when considering Trade Capital Market Ltd. as a trading platform.
Trade Capital Market (TCM) offers several advantages and disadvantages for traders. On the positive side, TCM provides access to a wide range of market instruments, including Forex, Cryptocurrencies, Indices, Precious Metals, and Commodities. Traders can benefit from low spreads, starting from 0.0 pips, and leverage options of up to 1:1000. The company utilizes the popular MetaTrader 5 (MT5) trading platform, which offers a comprehensive set of features and tools. TCM also provides a demo account for traders to practice and familiarize themselves with the platform. Additionally, the minimum deposit requirements are low, starting from $10. However, there are some drawbacks to consider. TCM operates without recognized regulation, which poses a potential risk. There are also concerns regarding the trustworthiness of the company and withdrawal processes. The main website is currently down, and there is limited information available on deposit and withdrawal procedures. Furthermore, there have been negative reviews regarding fund withdrawal, and there is a lack of educational resources and advanced trading tools.
Pros | Cons |
Offers access to various market instruments (Forex, Cryptocurrencies, Indices, Precious Metals, Commodities) | Lack of recognized regulation poses potential risk |
Spreads from 0.0 pips | Trustworthiness and withdrawal concerns |
Utilizes the popular MetaTrader 5 (MT5) trading platform | Limited information on deposit and withdraw |
Leverage options up to 1:1000 | Negative review regarding fund withdrawal |
Provides demo account for practice and familiarization | Main website is currently down |
Low minimum deposit requirements from $10 | Lack of educational resources and advanced trading tools |
Trade Capital Market Ltd., as of the latest information available, operates without any recognized regulation. This lack of regulatory oversight poses a potential risk to individuals considering engaging with the broker. It is important to exercise caution and carefully evaluate the potential implications before entering into any financial transactions with Trade Capital Market Ltd.
1. Forex: Trade Capital Market Ltd. provides access to the foreign exchange market, allowing clients to trade various currency pairs.
2. Cryptocurrencies: Trade Capital Market Ltd. enables clients to trade cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. Cryptocurrencies are digital assets that use cryptography for transactions and operate independently of a central bank.
3. Indices: Trade Capital Market Ltd. offers trading opportunities in various stock market indices, such as the S&P 500, FTSE 100, and Nikkei 225. Stock market indices represent the performance of a specific group of stocks, providing investors with an overview of the overall market movement.
4. Precious Metals: Clients of Trade Capital Market Ltd. can engage in trading precious metals like gold, silver, platinum, and palladium. Precious metals are valued for their rarity and are often used as a store of value or for industrial purposes.
5. Commodities: Trade Capital Market Ltd. facilitates trading in commodities, which include natural resources such as crude oil, natural gas, agricultural products, and metals. Commodity trading allows investors to speculate on the price movements of these physical assets.
Pros and Cons
Pros | Cons |
Opportunity to trade various currency pairs in the Forex market | Lack of recognized regulation poses potential risk |
Access to cryptocurrencies like Bitcoin, Ethereum, and Litecoin | Main website is currently down |
Ability to trade in stock market indices such as S&P 500, FTSE 100, and Nikkei 225 | Limited information on specific information of market instruments |
Engagement in trading precious metals like gold, silver, platinum, and palladium | |
Opportunity to speculate on price movements of commodities like crude oil, natural gas, agricultural products, and metals |
The Solo account is the most basic option, requiring a minimum investment of $10. It provides spreads starting from 1.0 pips and a maximum leverage of up to 1:1000. A commission fee of $5 applies to this account.
The Elite account, on the other hand, requires a higher initial investment of $100 and has a commission fee of $5. It offers more favorable spreads starting from as low as 0.5 pips and a maximum leverage of 1:700.
The0Spread account might be of interest. It mandates a minimum initial investment of $1,000 and a commission fee of $10. This account promises spreads starting from 0.0 pips and a maximum leverage of 1:500.
The Optimum account requires an initial investment of $1,000 and has a commission fee of $5. It offers spreads starting from 0.3 pips and a maximum leverage of 1:300.
Lastly, the Prime account is the highest-tier option, demanding an initial investment of $10,000 and a commission fee of $5. It provides spreads starting from 0.1 pips and a maximum leverage of 1:100.
Additionally, TCM offers a demo account for clients to practice and familiarize themselves with the platform before engaging in real trading.
Pros | Cons |
Low minimum investment requirement of $10 for Solo account | Commission fees apply to all account types |
Spreads from 0 pips | Prime account demands a significant initial investment of $10,000 |
Demo account available for practice and familiarization | Potential risk associated with high leverage trading |
Trade Capital Market Ltd. offers different levels of leverage for its trading accounts, with the maximum leverage reaching up to 1:1000 for the Solo account, 1:700 for the Elite account, 1:500 for the 0 Spread account, 1:300 for the Optimum account, and 1:100 for the Prime account. Traders should exercise caution and fully understand the risks associated with trading on leverage before engaging in such activities.
Trade Capital Market Ltd. offers varying spreads and commission fees across its trading accounts. The Solo and Elite accounts have spreads starting from 1.0 pips and a commission fee of $5. The 0 Spread account offers spreads starting from 0.0 pips with a commission fee of $10. The Optimum and Prime accounts provide spreads starting from 0.3 pips and 0.1 pips, respectively, with a commission fee of $5.
The Solo account has the lowest minimum deposit of $10, while the Elite account requires an initial investment of $100. The 0 Spread account and Optimum account both demand a minimum deposit of $1,000. Lastly, the Prime account has the highest minimum deposit requirement of $10,000.
Clients can make deposits and withdrawals using payment methods like OK Pay, FasaPay, WebMoney, Perfect Money, bank transfer, and Neteller. However, the lack of a Terms and Conditions document outlining withdrawal details and potential fees raises concerns about the trustworthiness of Trade Capital Market as a licensed broker.
Pros and Cons
Pros | Cons |
Multiple payment methods available (OK Pay, FasaPay, WebMoney, Perfect Money, bank transfer, Neteller) | Lack of a Terms and Conditions document outlining withdrawal details |
Provides options for both deposits and withdrawals | Limited information on deposit and withdraw process |
Limited transparency regarding potential withdrawal fees |
Trade Capital Market Ltd. utilizes the MetaTrader 5 (MT5) trading platform. MT5 is a popular and widely used platform among traders, offering a comprehensive set of features and tools for trading. With MT5, clients of Trade Capital Market Ltd. can access real-time market data, execute trades, analyze charts, and utilize various technical indicators to aid in decision-making. MT5 provides a user-friendly interface, making it easier for traders to navigate and manage their trading activities.
Pros | Cons |
Comprehensive set of features and tools for trading | No alternative platforms available |
Real-time market data and analysis tools | |
User-friendly interface for easy navigation and management |
Trade Capital Market Ltd. offers multiple customer support channels for clients to reach out for assistance. They can be contacted by phone at +44-2036958896 or +971-43306363, or through email at support@tradecapitalmarket.com. However, it should be noted that there is no assurance of prompt responses from the company. Trade Capital Market Ltd. is located at New Horizon Building, Phillip S.W, Belize City, Belize.
A reviewer on WikiFX shared a distressing experience with TCM, stating that they were unable to withdraw their funds. Despite depositing $2000 and earning a profit of $2818, their account balance showed zero, and their account was disabled by the broker. Despite several emails, they received no response. The reviewer advises others to expose this broker and seeks help in recovering their money.
In conclusion, Trade Capital Market Ltd. operates without recognized regulation, which presents a potential risk to individuals considering engaging with the broker. They offer access to various market instruments such as forex, cryptocurrencies, indices, precious metals, and commodities. Trade Capital Market Ltd. provides different account types with varying spreads, commissions, leverage levels, and minimum deposit requirements. The broker utilizes the MetaTrader 5 (MT5) trading platform, which offers a comprehensive set of features. Customer support is available through phone and email, but there is no guarantee of prompt responses or reliable assistance. A reviewer on WikiFX shared a negative experience regarding withdrawal issues and lack of response from the company. It is important to exercise caution and carefully evaluate the potential risks before conducting any financial transactions with Trade Capital Market Ltd.
Q: Is Trade Capital Market Ltd. a regulated company?
A: Trade Capital Market Ltd. operates without recognized regulation, posing potential risks.
Q: What market instruments can I trade with Trade Capital Market Ltd.?
A: You can trade Forex, cryptocurrencies, indices, precious metals, and commodities.
Q: What are the different types of trading accounts offered by TCM?
A: TCM offers Solo, Elite, 0 Spread, Optimum, and Prime accounts with varying features and requirements.
Q: What is the maximum leverage offered by Trade Capital Market Ltd.?
A: The maximum leverage ranges from 1:1000 to 1:100, depending on the account type.
Q: What are the spreads and commission fees charged by TCM?
A: Spreads vary across accounts, starting from 1.0 pips, and commission fees range from $5 to $10.
Q: What is the minimum deposit requirement?
A: The minimum deposit ranges from $10 to $10,000, depending on the account type.
Q: What payment methods can I use for deposits and withdrawals?
A: Trade Capital Market Ltd. accepts various payment methods, including OK Pay, FasaPay, WebMoney, Perfect Money, bank transfer, and Neteller.
Q: What trading platform does TCM use?
A: Trade Capital Market Ltd. utilizes the MetaTrader 5 (MT5) trading platform.
Q: How can I contact customer support at Trade Capital Market Ltd.?
A: You can contact customer support by phone or email, but prompt responses may not be guaranteed.
Q: Are there any negative reviews about Trade Capital Market Ltd.?
A: There are negative reviews about TCM, including issues with fund withdrawal and lack of response from the broker.