WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

e capital

Indonesia|2-5 years|
Retail Forex License|Suspicious Scope of Business|

https://ecapital.co.id

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Ukraine 2.48

Surpassed 66.80% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+62 22 3030 0025
compliance@ecapital.co.id
https://ecapital.co.id

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

WikiFX Verification

e capital · WikiFX Survey

Users who viewed e capital also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Vantage

8.65
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GO MARKETS

8.99
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

e capital · Company Summary

Aspect Information
Registered Country/Area Indonesia
Founded Year 2-5 years ago
Company Name E Capital
Regulation Regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) and Indonesia Commodity and Derivatives Exchange (ICDX)
Minimum Deposit Varies depending on the account type
Maximum Leverage Not specified
Trading Platforms MetaTrader 5 (MT5)
Tradable Assets Gold, Oil, Forex
Account Types Demo Account, Live Account, Free SWAP Account
Demo Account Available, free of charge
Islamic Account Not specified
Customer Support Email: compliance@ecapital.co.id Phone: (+62) 22 3030 0025 <br> Online Complaint Submission: https://pengaduan.bappebti.go.id Additional Contact: +62 811 825 0088
Payment Methods Not specified

General Information

Eagle Capital Futures Ltd. (PT Rajawali Kapital Berjangka) is a brokerage company as well as a member of Indonesia Commodity and Derivatives Exchange (ICDX). Currently, E Capital focuses on Southeast Asia's market and provides services for both retail and corporate customers in conducting futures and commodity product transactions that are traded directly on The Exchange. The company is regulated by Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) ((No. 003/BAPPEBTI/SI/08/2020).) and ICDX (No. 196/SPKB/ICDX/DIR/III/2020), ensuring compliance with regulatory requirements and maintaining a monitored trading environment.

E Capital provides different types of trading accounts, including the Demo Account for practice, the Live Account for real-money trading, and the Free SWAP Account tailored for micro-account trading.

The trading platform offered by E Capital is MetaTrader 5 (MT5), allowing clients access to global financial markets and featuring various tools and features to support trading strategies.

Customer support options provided by E Capital include email and phone assistance, along with a complaint submission portal for regulatory matters.

image.png

Pros and Cons

E Capital, also known as PT Rajawali Kapital Berjangka, is a regulated brokerage firm operating in Indonesia. It offers a range of market instruments including gold, oil, and forex, allowing investors to diversify their trading portfolio. The company is regulated by two reputable authorities, Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) and Indonesia Commodity and Derivatives Exchange (ICDX). E Capital offers three account types, including a Demo Account for practicing strategies, a Live Account for real-money trading, and a Free SWAP Account for micro-account trading. The partnership program offered by E Capital allows individuals or entities to maximize their income potential and benefit from a stable commission structure. While the company has its advantages, it's essential to consider potential drawbacks, such as the risk involved in trading financial products and the minimum deposit requirement for certain account types. Overall, E Capital provides a regulated and diversified trading experience for investors in the Indonesian market.

Pros Cons
Regulated by BAPPEBTI and ICDX Risk involved in trading financial products
Offers a range of market instruments Minimum deposit requirement for some accounts
Provides Demo, Live, and Free SWAP accounts Lack of information on customer support FAQs
Lack of Information on spreads, leverage, deposit, withdraw and payment methods

Is E Capital Legit?

E Capital, also known as PT Rajawali Kapital Berjangka, is regulated by two regulatory agencies in Indonesia:

1. Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI): E Capital holds a retail forex license regulated by BAPPEBTI. The license number is 003/BAPPEBTI/SI/08/2020. BAPPEBTI is the regulatory body under the Indonesian Ministry of Trade responsible for overseeing and regulating commodity futures trading.

2. Indonesia Commodity and Derivatives Exchange (ICDX): E Capital is a member of the ICDX, regulated by the exchange. The license number is 196/SPKB/ICDX/DIR/III/2020. ICDX is a licensed commodity and derivatives exchange in Indonesia that provides a platform for trading various commodity and derivative products.

These regulatory agencies ensure that E Capital operates in compliance with the applicable rules and regulations in the Indonesian financial market.

regulation
regulation

Market Instruments

E Capital offers investors a range of market instruments to trade. Here is a description of the market instruments provided by E Capital:

1. Gold: Gold is a popular precious metal that has been valued for its beauty and rarity throughout history. It is widely regarded as a safe-haven asset and a store of value. In financial markets, gold is traded as a commodity and is influenced by factors such as supply and demand dynamics, geopolitical events, inflation, and currency fluctuations.

products

2. Oil: Oil, specifically referring to crude oil, is a highly traded commodity in the global markets. It is a vital energy source used in various industries, including transportation, manufacturing, and power generation. Oil prices are influenced by factors such as global demand and supply levels, geopolitical tensions, OPEC decisions, and economic indicators.

products

3. Forex: Forex, short for foreign exchange, involves the trading of different currencies against each other. The forex market is the largest and most liquid financial market globally. It operates 24 hours a day, five days a week, and allows investors to speculate on the value of one currency relative to another. Currency prices are influenced by a wide range of factors, including interest rates, economic indicators, geopolitical events, and market sentiment.

products
Pros Cons
Diversified investment options Market volatility and potential risks
Opportunity to trade safe-haven assets Fluctuations in supply, demand, and geopolitical events
Access to the global oil market Sensitivity to geopolitical tensions and OPEC decisions
Participation in the largest forex market Currency exchange rate fluctuations and economic factors
Foreign exchange market volatility and risks

Account Types

E Capital offers three different account types to cater to the needs of its clients: Demo Account, Live Account, and Free SWAP Account. Each account type has its own features and requirements.

1. DEMO ACCOUNT: The Demo Account is a popular choice for traders who are new to the financial markets or want to test their trading strategies without risking real money. It is a simulated account that allows users to practice trading using virtual funds. The Demo Account provided by E Capital is free of charge, giving traders an opportunity to familiarize themselves with the trading platform, test strategies, and gain experience before transitioning to live trading. The Demo Account operates on the MetaTrader 5 (MT5) platform, which is widely recognized in the industry.

2. LIVE ACCOUNT: The Live Account is designed for traders who are ready to trade with real money. To open a Live Account with E Capital, a minimum deposit of $35 is required. This account type provides access to the full range of features and services offered by E Capital. Traders can trade a variety of financial instruments, benefit from low commissions, and floating rate spreads. Like the Demo Account, the Live Account operates on the MetaTrader 5 (MT5) platform, which offers advanced trading tools and features.

3. FREE SWAP ACCOUNT: The Free SWAP Account is another option provided by E Capital. It is similar to the Live Account in terms of minimum deposit requirements and features but is specifically tailored for micro-account trading. Traders can open a Free SWAP Account with a minimum deposit of $35. This account type also offers low commissions and floating rate spreads. The Free SWAP Account is suitable for traders who prefer to engage in micro-lot trading or have specific requirements related to overnight positions without incurring SWAP charges.

By offering these three account types, E Capital aims to accommodate the needs of different traders, whether they are beginners, experienced traders, or those looking for specific trading conditions. Traders can choose the account type that best suits their trading goals, preferences, and risk appetite. It's important for traders to carefully consider their trading objectives and review the terms and conditions associated with each account type before making a decision.

account-types
Pros Cons
Demo Account allows traders to practice and test strategies Live Account requires a minimum deposit of $35
Live Account provides access to a full range of features and services Free SWAP Account may have limited appeal to certain traders
Accommodates beginners, experienced traders, and those with specific trading preferences Traders should carefully review terms and conditions of each account
MetaTrader 5 platform offers advanced trading tools and features
Low commissions and floating rate spreads available

How to open an account with E Capital?

To open an account with E Capital:

1. Visit the E Capital website at https://ecapital.co.id.

2. Click on the “Register” button.

open-account

3. Fill in your full name, email, password, phone number, and any referral code (optional).

4. Agree to receive news and promotional emails and accept the terms and conditions.

5. Submit the registration form.

open-account

6. Verify your email (if required).

7. Complete any additional steps or provide necessary documentation as instructed.

Trading Platform

E Capital offers clients access to the MetaTrader 5 (MT5) trading platform. MT5 is a widely recognized and popular trading platform that provides access to financial markets worldwide. It offers a comprehensive set of tools and features for executing trades, conducting market analysis, and managing investment portfolios. Clients can access the MT5 platform through various devices, including desktop computers, mobile phones, and tablets. The platform is available for download from Playstore for Android users and Appstore for iOS users, allowing clients to trade on the go and stay connected to the markets at all times. With the MT5 platform, clients of E Capital can trade a range of financial instruments, monitor market conditions, and implement trading strategies efficiently.

trading-platform

E Capital offers a partnership program designed to help individuals or entities increase their income potential. Here is an overview of the partnership program:

1. COMMISSION STRUCTURE: Partners can earn a fee of $5 per lot traded by clients they refer to E Capital. The commission is based on the trading activity of referred clients.

2. STABLE EARNINGS: The partnership program provides partners with a fixed commission rate per lot traded. This offers stability and predictability in their earnings.

3. COMMUNITY SUPPORT: Partners have the opportunity to connect with other participants in the program, allowing for knowledge sharing and support within the community.

4. INCOME POTENTIAL: Partners can potentially earn unlimited income through the program. They start with a rebate of $2 per lot traded by referred clients and can increase their earnings based on performance and client trading activity.

5. BROKER SUPPORT: E Capital provides full support to partners, including educational resources, webinars, seminars, and more, to assist them in their role as Introducing Brokers (IBs) and expand their market presence.

6. IB NEEDS ASSISTANCE: E Capital understands the needs of IBs and offers support for their market expansion. This includes help with website development, office setup, and other requirements necessary for their business activities.

partnership-program
Pros Cons
Commission structure with fee per lot Initial commission rate may be relatively low
Stable earnings with fixed commission rate Income potential depends on trading activity of referred clients
Community support and networking opportunities Limited information on community support and networking
Unlimited income potential based on performance Potential competition among partners
Comprehensive broker support
Assistance for IBs in market expansion and setup

Customer Support

E Capital provides customer support services to assist clients with their inquiries and concerns. Here is a description of the customer support options provided by E Capital:

1. Email: Clients can reach out to E Capital's customer support team by sending an email to compliance@ecapital.co.id. This email address is specifically designated for compliance-related matters and can be used to seek assistance or clarification regarding regulatory compliance, account-related inquiries, or any other relevant concerns.

2. Phone: Clients can contact E Capital's customer support team by calling the phone number (+62) 22 3030 0025. This phone number serves as a direct line to the customer support department, allowing clients to speak with a representative for assistance or to address any issues they may have.

3. Online Complaint Submission: E Capital provides a link to the official complaint submission portal of the regulatory agency BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi) on their website. The link provided is https://pengaduan.bappebti.go.id. Clients can use this portal to submit any complaints or grievances related to their experience with E Capital or to report any suspected violations or misconduct.

4. Additional Contact Number: E Capital also provides an additional contact number for clients who need to get in touch with their customer support team. The number provided is +62 811 825 0088. Clients can use this number to reach out for assistance or to discuss any specific issues or requirements they may have.

Conclusion

E Capital, also known as PT Rajawali Kapital Berjangka, is a regulated brokerage firm operating in Indonesia. With its retail forex license from Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) and membership in the Indonesia Commodity and Derivatives Exchange (ICDX), E Capital ensures compliance with regulatory standards. The company offers a range of market instruments such as gold, oil, and forex for trading through the MetaTrader 5 (MT5) platform. E Capital provides three account types, including a free demo account, to cater to different trading needs. While the partnership program offers an opportunity to maximize income, E Capital's customer support is available through email and phone. However, some disadvantages include the lack of information on spreads, maximum leverage, and payment methods. Overall, E Capital provides a regulated trading environment with diverse market instruments and account options, but traders should consider the limitations before making decisions.

FAQs

Q: Is E Capital regulated?

A: Yes, E Capital is regulated by two regulatory agencies in Indonesia: Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI) and Indonesia Commodity and Derivatives Exchange (ICDX).

Q: What market instruments can I trade with E Capital?

A: E Capital offers a range of market instruments including gold, oil, and forex.

Q: What are the account types offered by E Capital?

A: E Capital offers three account types: Demo Account, Live Account, and Free SWAP Account.

Q: How can I open an account with E Capital?

A: To open an account with E Capital, visit their website and complete the registration process, providing the required information.

Q: What trading platform does E Capital provide?

A: E Capital provides access to the MetaTrader 5 (MT5) trading platform.

Q: What is the partnership program offered by E Capital?

A: E Capital offers a partnership program where partners can earn commissions based on the trading activity of clients they refer to the company.

Risk Warning

All financial products have a high risk to your capital. It might not be suitable for anyone. Any activity including the financial products might cause loss to your initial deposit.

Broker Information

Company Name

PT Rajawali Kapital Berjangka

Abbreviation

e capital

Regulatory Status

Regulated

Platform registered country and region

Indonesia

Company website
Phone of the company
  • +62 22 3030 0025

  • +62 811 825 0088

X

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • compliance@ecapital.co.id

Company Summary

Review 2

2 Comments
Write a comment
All(2) Latest Positive(1) Neutral(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com