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

Capstone

Australia|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.fxcgpro.com

Website

Rating Index

Contact

+61 731 235 133
info@fxcg.com
https://www.fxcgpro.com

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

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 494799) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Capstone · WikiFX Survey

Users who viewed Capstone also viewed..

XM

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

EC Markets

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

Neex

9.11
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Capstone · Company Summary

Aspect Information
Registered Country/Area Australia
Company Name Capstone
Regulation Unregulated
Minimum Deposit $100 for PrimePro Lite and StandardFX
$100 for other accounts (assuming the same)
Maximum Leverage Up to 1:500
Spreads Varies by account type and market
Trading Platforms MT4 (MetaTrader 4)
Tradable Assets Forex, Bullion (gold and silver), CFDs
Account Types PrimePro Plus, PrimePro Lite, StandardFX
Customer Support Limited presence, no social media, phone number
Payment Methods Wire Transfer, China Union Pay, Visa/Mastercard, AsiaPay
Educational Tools Not provided

Overview

Capstone, an Australia-based trading entity, raises concerns with its minimal transparency and regulatory oversight. While offering multiple account types starting at a $100 deposit, the absence of educational resources leaves traders ill-prepared for the complexities of financial markets. With a maximum leverage of 1:500, variable spreads, and a lack of specified regulations, there are uncertainties regarding client protection. The company's limited customer support, absence from social media, and reported website issues have raised suspicions about its reliability, and it has even been labeled as a potential scam. Given these concerns and negative indicators, caution is strongly advised for traders considering Capstone as their trading partner.

basic-info

Regulation

Unregulated.Capstone has raised suspicions by allegedly operating with a clone license, casting doubts on its legitimacy as a broker. The use of such a license calls into question the company's adherence to regulatory standards and client protection measures, urging traders to exercise extreme caution when considering its services. Investigating the validity of Capstone's license and conducting thorough due diligence is imperative before engaging in any trading activities with the broker.

regulation

Pros and Cons

Pros Cons
  • Multiple account types with low minimum deposit
  • Lack of regulatory oversight raises concerns about client protection
  • Maximum leverage of 1:500
  • Absence of educational resources leaves traders ill-prepared for financial markets
  • Wide range of trading instruments
  • Limited customer support with no presence on social media
  • Competitive spreads and commission options
  • Reported website issues and reliability concerns
  • Flexible deposit and withdrawal methods
  • Allegations of operating with a clone license, casting doubt on legitimacy
  • User-friendly MT4 trading platform
  • No disclosed company address, LinkedIn profile, WhatsApp, or QQ/WeChat accounts

Capstone , an Australia-based trading entity, presents both pros and cons for potential traders. On the positive side, it offers multiple account types with low minimum deposits, a high maximum leverage of 1:500, a wide range of trading instruments, competitive spreads, and flexible deposit and withdrawal methods. Additionally, it provides access to the user-friendly MT4 trading platform.

However, there are significant concerns regarding Capstone's transparency and regulatory oversight. It operates without specified regulations, raising uncertainties about client protection. The absence of educational resources leaves traders ill-prepared, and the limited customer support, absence from social media, and reported website issues raise questions about its reliability. Furthermore, allegations of operating with a clone license cast doubt on its legitimacy. Therefore, traders considering Capstone should exercise caution and conduct thorough due diligence before engaging in any trading activities with the broker.

Market Instruments

Capstone offers a wide range of trading instruments, including forex, bullion (gold and silver), and CFDs (Contracts for Difference) on indices and commodities.

products

Forex: Capstone specializes in forex trading, allowing clients to speculate on currency value. The forex market offers major, cross, and exotic currency pairs, along with flexibility, transparency, low costs, leverage up to 500:1, and institutional-grade trade execution.

Bullion: Capstone facilitates trading in gold and silver, providing narrow spreads, leverage up to 200:1, and professional-grade execution for these precious metals.

CFDs: Capstone offers CFDs on stock indices, energy products, and commodities, allowing clients to access global markets, benefit from low margin requirements, and experience 100% DMA execution. CFDs provide diversification and the ability to profit from both rising and falling markets.

Account Types

PrimePro Plus:

Capstone's PrimePro Plus account is designed for traders seeking ultra-competitive spreads and direct market access. With spreads starting from 0 pips, a minimum deposit of $100, leverage up to 500:1, and a stop-out rate of 50%, this account offers flexibility and risk management. Traders incur a transparent $4 per lot per side commission. Ideal for experienced traders valuing tight spreads and direct market access.

PrimePro Lite:

Capstone's PrimePro Lite account offers competitive pricing with spreads as low as 0 pips. It has a $100 minimum deposit, leverage up to 500:1, and a 50% stop-out rate. Traders benefit from a lower $2 per lot per side commission. Suitable for those who prioritize tight spreads and direct market access with lower commission costs.

StandardFX:

Capstone's StandardFX account provides a traditional trading experience with competitive spreads starting at 1.6 pips. It requires a $100 minimum deposit, offers leverage up to 500:1, and has a 50% stop-out rate. Notably, it offers commission-free trading. Ideal for traders who prefer commission-free trading while enjoying competitive spreads and leverage.

These Capstone account types cater to various trading preferences, offering tight spreads, competitive pricing, and flexibility to suit traders' needs.

Leverage

leverage

The broker offers a maximum trading leverage of 1:500. This means that for every $1 in your trading account, you can control a trading position worth up to $500 in the financial markets. Leverage allows traders to amplify their exposure to potential gains or losses, but it also increases the level of risk involved in trading. It's important for traders to use leverage responsibly and understand the risks associated with it.

Spreads and Commissions

For the most up-to-date information on spreads and commission rates, clients are encouraged to access the Capstone MT4 Trading Platform and follow these steps:

To view spreads:

  1. Click on “View,” then select “Market Watch.”

  2. Right-click and choose “Spread” to see the current spread values.

To view commission rates:

  1. Click on “View,” then select “Market Watch.”

  2. Right-click and choose “Symbols.”

  3. Select the desired currency pair and click “Properties” to access detailed information, including commission rates.

It's worth noting that spreads and commission rates may differ depending on the specific trading accounts offered by Capstone. Therefore, clients should carefully review the terms and conditions of their chosen account type to understand the applicable spreads and commissions for their trading needs.

Deposit & Withdrawal

Capstone offers clients different deposit and withdrawal methods to meet their financial needs. Deposits are flexible, and withdrawals are promptly processed for timely access to funds.

Deposits:

  1. Wire Transfer: Clients can fund their accounts using wire transfers in 10 different base currencies. Wire transfers typically take 1-2 working days to process, and bank fees may apply.

  2. China Union Pay (CUP): CUP enables clients to deposit funds in Chinese Renminbi (RMB). CUP deposits are processed quickly, typically within 0.5-1 hour, and do not incur extra fees.

  3. Visa/Mastercard: Capstone accepts deposits in 10 different base currencies through Visa and Mastercard. Deposits made with credit or debit cards are instant, allowing clients to start trading immediately. There are no extra fees for Visa/Mastercard deposits.

  4. AsiaPay: Clients can deposit funds in 10 different base currencies through AsiaPay. This payment method offers instant processing, ensuring funds are available for trading without delay. No additional fees are charged for AsiaPay deposits.

Withdrawals:

Capstone strives to process all withdrawal requests on the same day they are received to provide swift access to funds. The time it takes to receive withdrawals varies based on the chosen withdrawal method.

  1. Wire Transfer: Withdrawals via wire transfer may incur an approximate fee of USD 30, charged by Capstone's banking institutions. This fee is deducted from the withdrawal amount, and clients can expect to receive their funds within 2-3 working days.

  2. China Union Pay (CUP): CUP withdrawals do not involve any fees, and the withdrawn amount is settled in Chinese Renminbi (RMB) based on the current onshore pricing of commercial banks in China.

  3. Credit Cards: If the initial deposit was made with a credit card, funds will be returned to the same card within 60 days. Credit card withdrawals follow the same processing time as the initial deposit.

Trading Platforms

trading-platform

Capstone offers its clients the widely acclaimed MT4 (MetaTrader 4) trading platform. Renowned for its user-friendly interface and extensive features, MT4 is the preferred choice for traders worldwide. This robust platform enables clients to seamlessly execute trading strategies, access real-time market data, perform in-depth chart analysis, and automate trading using expert advisors (EAs). MT4 provides a comprehensive array of tools and resources, empowering traders to make well-informed decisions and execute trades with utmost efficiency.

Customer Support

The company's customer support is inadequate, lacking an active presence on social media platforms like Twitter, Facebook, Instagram, and YouTube. There is no disclosed company address, LinkedIn profile, WhatsApp, or QQ/WeChat accounts, indicating limited means of communication for customers. With only one provided email address, info@fxcg.com, the company's support options are limited, potentially leading to a less satisfactory customer experience.

Educational Resources

The company's provision of educational resources is notably absent. There are no available materials or tools to assist clients in enhancing their knowledge and skills in trading or financial markets. This absence of educational resources may limit clients' ability to learn and make informed trading decisions, potentially leaving them at a disadvantage in navigating the complexities of the financial markets.

Summary

In a rather disheartening assessment, Capstone, the Australia-based trading platform, appears to fall short on several critical fronts. With a lack of transparency and regulatory oversight, coupled with a glaring absence of educational resources, Capstone leaves its traders ill-prepared for the complexities of the financial markets. Despite offering a range of account types and a maximum leverage of 1:500, uncertainties surround client protection due to the vague regulatory landscape. Furthermore, the company's limited customer support, absence from social media, and reports of website issues cast a shadow of doubt on its reliability, with some even suspecting it to be a potential scam. Traders are advised to approach Capstone with caution, given these concerns and negative indicators.

FAQs

Q1: Is Capstone a regulated broker?

A1: No, Capstone is unregulated, which raises concerns about its adherence to regulatory standards and client protection.

Q2: What is the maximum leverage offered by Capstone?

A2: Capstone offers a maximum trading leverage of 1:500, allowing traders to amplify their exposure to potential gains or losses.

Q3: Are there any educational resources available for traders with Capstone?

A3: Unfortunately, Capstone does not provide any educational resources, which may limit traders' ability to enhance their knowledge and skills in trading.

Q4: How can I contact Capstone's customer support?

A4: Capstone's customer support options are limited, with only one provided email address, info@fxcg.com, and no active presence on social media platforms.

Q5: What is the minimum deposit required to open an account with Capstone?

A5: The minimum deposit required to open an account with Capstone is $100 for most account types, making it accessible to a wide range of traders.

Broker Information

Company Name

Capstone Global Markets LLC

Abbreviation

Capstone

Regulatory Status

Suspicious Clone

Platform registered country and region

Australia

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +61 731 235 133

X

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@fxcg.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

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