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Capital Street FX-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-10-21 18:28

Abstract:Capital Street FX is an offshore broker registered in Mauritius, offering trading in more than 50 currency pairs and precious metals on their Capital Trader (ActTrader) platform.

Capital Street FxReview Summary
Founded2015
Registered Country/RegionUS
RegulationNot regulated
Market InstrumentsForex, Commodities, Bonds, Indices, Stocks, Crypto
Demo Account❌
LeverageUp to 1:3500
SpreadFrom 2.5 pips (Basic Account)
Trading PlatformDesktop Terminal, WebTrader, Mobile Trading App (iOS, Android)
Min Deposit$100
Customer SupportPhone: +370 650 04197
Email: support@capitalstreetfx.in
Online Chat: Available
Social Media: Not available

Capital Street Fx Information

Capital Street Fx, founded in US in 2002, trades Forex, commodities, indices, stocks, and cryptocurrencies. It provides account types with different leverage and spreads: Basic (2500x, 2.5 pips), Classic (3000x, 2.0 pips), Professional (3500x, 1.5 pips), and VIP (100x, 0.1 pips). The platform offers several payment choices and educational content, but its unregulation poses risks.

Capital Street Fx Information

Pros and Cons

Pros Cons
Over 1000 tradable assetsUnregulated
Multiple payment methodsLack of comprehensive research tools
Multiple trading platformsNo demo accounts
Limited non-trading fee details

Is Capital Street Fx Legit?

No acknowledged financial regulating body, such the FCA (UK) or ASIC (Australia), controls Capital Street Fx. Because of this lack of control, concerns of transparency arise.

Registered on April 2, 2015, the domain capitalstreetfx.com expires on April 2, 2025. Last modified on March 24, 2024, it is now in a client Transfer Prohibited state.

Is Capital Street Fx Legit?

What Can I Trade on Capital Street Fx?

Access to more than 1000 markets made possible by Capital Street Fx lets traders engage in Forex (FX), CFDs, Futures, and ETFs across many asset classes including currencies, commodities, stocks, bonds, and indices. This large spectrum of markets allows a great range of trading prospects.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Bonds✔
Indices✔
CFD✔
ETFs✔
Futures✔
What Can I Trade on Capital Street Fx?
What Can I Trade on Capital Street Fx?

Account Types

Four live trading accounts are provided by Capital Street Fx: Basic, Classic, Professional, and VIP. Every kind of account has distinct leverage choices and growing deposit requirements. All reports point to between 300–400 open orders with either fixed or variable spreads.

Leverage

For the Professional account, Capital Street Fx provides leverage of up to 3500 times; for the VIP account, it provides just up to 100 times.

Capital Street Fx Fees

Comparatively to industry standards, Capital Street Fx's fees are reasonable. The spread—which differs depending on the type of account—defines the platform's costs mostly. For instance, the VIP account provides spreads as low as 0.1 pips (with a $15 commission each lot), whereas the Basic account starts at 2.5 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Desktop Terminal✔Windows, macOSAdvanced traders, professionals
WebTrader✔Any web browserAll traders
Mobile Trading App✔iOS, AndroidTraders on the go, casual traders
Trading Platform

Deposit and Withdrawal

Capital Street Fx does not charge deposit or withdrawal fees, though it is unclear if additional fees apply through specific payment methods. The minimum deposit starts at $100.

Deposit Options

Deposit Options Min. DepositFees Processing Time
VISA/MasterCard$100NoneInstant
Bank Wire Transfer$100None3-5 business days
Cryptocurrencies$100NoneInstant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
VISA/MasterCardNot specifiedNone3-5 business days
Bank Wire TransferNot specifiedNone3-5 business days
CryptocurrenciesNot specifiedNoneInstant

Customer Service

Through email, phone, and online chat among other support systems, Capital Street Fx provides 24/7 customer care.

Contact Options Details
Phone+370 650 04197
Emailsupport@capitalstreetfx.in
Support Ticket System×
Online Chat√
Social Media×
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressSuite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
Customer Service

The Bottom Line

With a selection of account kinds and over 1000 traded assets, Capital Street Fx offers a complete trading environment. Its several platforms and payment choices let traders with various requirements to access it. Some users may be discouraged, nevertheless, by the platform's unregulated position and lack of openness on non-trading expenses.

FAQs

Safety on Capital Street Fx?

No, Capital Street Fx is not regulated, so traders run into some danger.

Is starting on Capital Street Fx appropriate?

It is less suited for beginners since it lacks demo accounts although provides easy-to-use platforms and instructional tools.

For day trading is Capital Street Fx good?

Day trading would be suited for the platform since it provides reasonable spreads and quick execution times.

LeverageBrokerCurrency PairDealerForex Broker

Related broker

No Regulation
Capital Street FX
Company name:Capital Street Intermarkets Limited.
Score
1.48
Website:https://capitalstreetfx.in/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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