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CRYPTO1CAPITAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-10 13:44

Abstract:The Crypto1Capital is associated with Awardhill Limited, a company that was registered in United Kingdom in 2023. It offers many tradable products through its Webtrader. However, it has not regulation and their website is not available.

  Note: CRYPTO1CAPITAL' official website: https://crypto1capital.com/ is currently inaccessible normally.

CRYPTO1CAPITAL Review Summary
Founded2023
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Indices, Shares, Crypto, Commodities
Demo Account✅
Leverage1:500
EUR/ USD SpreadFrom 1.7 pips
Trading PlatformsWebtrader
Minimum Deposit$250
Customer SupportPhone and email

  The Crypto1Capital is associated with Awardhill Limited, a company that was registered in United Kingdom in 2023. It offers many tradable products through its Webtrader. However, it has not regulation and their website is not available.

Crypto1Capital

Pros and Cons

ProsCons
NoneUnregulated
Unavailable website
High minimum deposit and spreads
No MT4 or MT5

Is CRYPTO1CAPITAL Legit?

  According to the FCA, this firm is not authorized and is targeting individuals in the UK. Consequently, you will not have access to the Financial Ombudsman Service or be covered by the Financial Services Compensation Scheme (FSCS). This means CRYPTO1CAPITAL has no regulation. Additionally, now, their official website is not available.

Unauthorized FCA

What Can I Trade on CRYPTO1CAPITAL?

  In CRYPTO1CAPITAL, you can trade Forex, Indices, Shares, Crypto, and Commodities.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

  CRYPTO1CAPITAL offers four kinds of live accounts: the Silver, Gold, Platinum and VIP accounts with the minimum deposits of €250, €5,000, €10,000, and €100,000 respectively. These requirements are too high.

Account comparison

Leverage

  CRYPTO1CAPITAL offers a maximum leverage of 1:500, which allows traders to control a larger position in the market with a relatively small amount of capital.

CRYPTO1CAPITAL Fees

  The various accounts offered by the service vary in terms of spreads, commissions, and the number of free consultations available. The spreads range from 3 pips for a Silver account, down to 1.7 pips for a VIP account, suggesting lower trading costs.

Trading Platform

  Crypto1Capital's WebTrader offers only a few basic functions. It provides chart customization and about 15 indicators, which reflects how inadequate the solution is. As anticipated, Crypto1Capital's trading platform isn't a significant technological advancement.

WebTrader

Deposit and Withdrawal

  The only accepted method of payment is credit/debit cards.

Customer Service

  CRYPTO1CAPITAL accepts phone and email to contact them.

Contact OptionsDetails
Phone+44 2038073484
Emailsupport@crypto1capital.com
Contact Form❌
Online Chat❌
Social Media❌
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressUK One Canada Square, Canary Wharf, London E14 5AB, United Kingdom

The Bottom Line

  Crypto1Capital isnt a regulated Forex provider. Besides, their trading conditions are not suitable for traders. Therefore, traders can look for those brokers who are regulated well and offers acceptable minimum deposit and spreads, flexible leverage ratios, and so on.

FAQs

  Is CRYPTO1CAPITAL safe?

  No. According to FCA, it has no regulation.

  Is CRYPTO1CAPITAL a good for beginners?

  No. Their minimum deposit and spreads are too high for beginners.

  Is Crypto1Capital Available In The US or UK?

  Yes, it is. Crypto1Capital accepts clients from both the US and UK.

Related broker

No Regulation
CRYPTO1CAPITAL
Company name:Awardhill Limited
Score
1.43
Website:https://crypto1capital.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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