Pro Capitals Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-07-21 17:39

Abstract：Pro Capitals is an Australian registered foreign exchange and CFD broker that provides foreign exchange trading, liquidity solutions, international settlement and corporate hedging, wealth management, securities investment, financial IT solutions, and other financial products and services to clients and businesses worldwide. Pro Capitals is regulated and authorized by the NFA in the United States, regulatory number 0529415, and its subsidiary Providus Capital Pty is authorized and regulated by ASIC in Australia, regulatory number AFSL 290934.

　　General Information & Regulation

　　Pro Capitals is an Australian registered foreign exchange and CFD broker that provides foreign exchange trading, liquidity solutions, international settlement and corporate hedging, wealth management,etc. Pro Capitals is not subject to any regulation at this moment. Unregulated brokers cannot guarantee client funds, so investors are advised to get away from this broker.

　　Market Instruments

　　Pro Capitals provides investors with financial trading instruments including Forex currency pairs, precious metals, energies, and indices.

　　Minimum Deposit

　　Pro Capitals offers two different types of trading accounts for investors, the Standard account and the ECN account. The minimum initial deposit for a standard account is $200, and the minimum initial deposit for an ECN account is $1,000.

　　Pro Capitals Leverage

　　When it comes to trading leverage, the maximum leverage level offered by Pro Capitals is up to 1：1000, which is considered high. Inexperienced traders are not advised to use such high leverage level in case of heavy forex losses.

　　Spreads & Commissions

　　Pro Capitals offers spreads of 1.8 pips on EURUSD, 3 pips on EURGBP, 4 pips on EURCHF, 0.50 pips on XAUUSD, 0.05 pips on XAGUSD, 0.05 pips on Crude Oil, 1.25 pips on Natural Gas, 0.75 pips on S&P 500, and 6 pips on Dow Jones 30.

　　Trading Platforms

　　Pro Capitals offers investors the Pro Capitals trading platform, as well as a mobile version of the Pro Capitals trading platform. Key features and benefits of the Pro Capitals trading platform include real-time variant quote monitoring, charting and sales reporting, automated trading systems, hedging trade records allowed, multi-account management, technical and fundamental analysis, real-time quotes, and available for all order patterns.

　　Deposit & withdrawal

　　Pro Capitals supports traders to deposit and withdraw funds to and from their investment accounts via international wire transfers, local bank transfers.

　　Pro Capitals Cons

　　Pro Capitals Disadvantages Include:

　　1. High spreads

　　2. Excessive leverage (high risk)

　　3. Non-MT4/MT5 trading platform

　　4. Limited options to deposits and withdrawals