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Premium X Capitals-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2025-01-08 19:07

Abstract:Premium X Capitals provides trading in forex, cryptos, and commodities with leverage up to 1:400 and spread from 2.1 pips via a web-based platform. The minimum deposit requirement is as high as 250 USD.

Note: Premium X Capitals's official website - https://premiumxcapitals.com/ is currently inaccessible normally.

Premium X Capitals Review Summary
Founded/
Registered Country/RegionChina
RegulationNot regulated
Market InstrumentsForex, cryptos, commodities
Demo Account/
LeverageUp to 1:400
EUR/USD SpreadFloating around 2.1 pips
Trading PlatformWeb
Min Deposit$250
Customer SupportEmail: support@premiumxcapitals.com

Premium X Capitals provides trading in forex, cryptos, and commodities with leverage up to 1:400 and spread from 2.1 pips via a web-based platform. The minimum deposit requirement is as high as 250 USD.

Pros and Cons

Pros Cons
Popular payment optionsUnavailable website
Not regulated
Limited tradable assets
Wide EUR/USD spreads
No MT4 or MT5
High minimum deposit
Only email support

Is Premium X Capitals Legit?

No, Premium X Capitals operates without regulation. It was blacklisted for operating without a license in an EU Member State – Austria. And there is an official warning issued by the FMA. Please be aware of the risk!

No license

What Can I Trade on Premium X Capitals?

Tradable Instruments Supported
Forex✔
Cryptos ✔
Commodities✔
Indices❌
Stocks ❌
Bonds❌
Options ❌
ETFs❌

Account Type

Premium X Capitals offers a single account type, and the minimum deposit is $250.

Leverage

Premium X Capitals's leverage is up to 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

The spread for the EUR/USD pair we got on the Premium X Capitals web-based trading platform was floating around 2.1 pips.

Trading Platform

Premium X Capitals claims to offer trading on the worlds best MetaTrader4, however, it turned out to be untrue. Instead, it was just a web-based trading platform.

Trading PlatformSupported Available Devices Suitable for
Web platform✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Web platform

Deposit and Withdrawal

Premium X Capitals accepts deposits and withdrawals via bank wires, credit/debit cards, and e-wallets like PayPal, or UnionPay. Besides, traders can also make a deposit in Bitcoin, Ethereum, or Tether.

LeverageCurrency PairBrokerDealerForex tradingForex BrokerForex Currency pairleverage in forexforex pipsforex market

Related broker

No Regulation
Premium X Capitals
Company name:Premium X Capitals
Score
1.47
Website:https://premiumxcapitals.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.47

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