Stock Trading Capital – Are They Safe?

Website URL:  https://stocktradingcapitals.com/

Founded:  No information found on the website

Regulations: Unregulated

Languages:  English, Arabic, Chinese (Simplified), Croatian, Czech, Danish, Dutch, French, Greek, German, Hindi, Indonesian, Italian, Irish,  Korean, Japanese, Norwegian, Malay, Portuguese, Polish, Russian, Romanian, Slovak, Spanish, Swedish, Turkish, Thai, Ukrainian, Urdu, Vietnamese, and Yiddish

Deposit Methods:  Western Union, Web Money, Skrill, Perfect Money, Neteller, MoneyGram, Bitcoin, Wire transfer, and Visa and Master cards

Minimum Deposit: No information is given on the website. However, its basic fixed account and ECN account starts from $100.

Free Demo Account: No any

Number of Assets: 100+ Trading instruments

Types of Assets: Bitcoin, Gold, Oil, Stocks, Indices, Commodities, CFDs, Futures, and Forex

Trading Accounts and Conditions 

There are three types of account that stock trading capital is offering to the customers and their trading conditions are:

•         Fixed Account: Minimum deposit amount is $100, Leverage 1:10 – 1:2000, and spread is as low as 2 pips.
•         ECN Account: Minimum deposit amount is $100, Leverage 1:10 – 1:2000, and spread is as low as 0.2 pips.
•         VIP Account: Minimum deposit amount is $20,000, Leverage 1:1000 – 1:2000, and lowest spread levels.

Stock Trading Capital – Advantages

Stock trading capital does not offer any incentives or bonuses to the clients.

Stock Trading Capital – Disadvantages

• An Unregulated Enterprise

Stock trading capital is a dubious broker who falsely claims to be licensed in Malaysia, Hong Kong, and St. Vincent, and Grenadines. If you notice out of these three countries, St. Vincent and Grenadines is an offshore area, which does not regulate the forex market. Whereas, Hong Kong is a strict forex market that has created a separate special government body for overseeing the forex market named SFC. Not everyone can get a license from SFC because to get a license in Hong Kong, one must have a minimum capital of 5,000,000 Hong Kong dollars equivalent to $645000 at the time of writing. Also, when the SFC’s registers were checked, nothing came up with the name the broker claimed to be registered under. While the Malaysian forex market has even stricter regulations than Hong Kong to get a license. Therefore, stock trading capital actually operates from the St. Vincent and Grenadines area, which is notoriously famous for its lack of financial regulations. The forex brokers operating from this offshore island do not follow any supervision hence; operate on their own sole direction, which simply means the money of customers is vulnerable.

Besides, the most terrific thing is that this broker is headquartered at Suite 305 in the infamous Griffith Corporate Center, where hundreds of other forex brokers are registered out of which many have been proved fraudsters.

Consequently, stock trading capital is an unlicensed broker. If you choose to invest your money with them, your funds are in danger.

Plus500

$100

Minimum Deposit

Start Trading

Read Review

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

 

AvaTrade

$100

Minimum Deposit

Start Trading

Read Review

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

• Lies about Financial Services Offered

Stock capital trading is not what it pretends to be which means that it’s not at all a CFD broker. It is, instead, a binary options broker. The most terrific and worst thing is that this information is not mentioned anywhere on its website. Only once you open an account and register with this broker, you will be able to discover the truth about the broker’s services.

Over and above that, binary options do not possess a stellar reputation because they have been banned in the world’s most countries and are heavily regulated where they are permitted to trade. This is because most of the suspicious brokers were using the binary options model fraudulently by manipulating the prices to keep the customer’s deposits for themselves. This is the ultimate red flag that proves that this is a disreputable broker.

• Suspicious Withdrawal Policy

There is a most terrific clause mentioned regarding withdrawals that states that the customer should have a 250% free margin before making a withdrawal request. Hence, if you notice here that the term free margin is meaningless in the context of binary options. You cannot have a margin with this trading asset at all.

• False Claims about Leverage Levels

Stock capital trading claims to offer the leverage level up to 1:200 and a low spread of 0.2 pips, but it is only a false and empty claim as these figures do not correspond to the real trading conditions because a broker providing binary options cannot offer leverage and spread values at all.

• Lies About the Trading Platform

On its official website the broker is claiming to offer the MT4 trading platform both for desktop as well as the Webtrader version. Despite that, this is a lie because you will not be able to download the platform as it redirects back to the sign-up page. The real truth is that the broker is actually providing only one platform, a web-based platform that their own designed and created which only features the trading view chart and binary trading panel. This is an obvious sign of fraud and a way of deceiving the customers.

• Risky Funding Methods and Inadequate Information

Stock trading capital accepts the client’s funds via Skrill, Neteller, and Wire transfer, crypto payments, western union, perfect money, and MoneyGram. However, out of these methods only you can file a chargeback of Skrill and Neteller amount. The rest of the methods are risky to deposit, as they do not have any chargeback policy.

Moreover, like other suspicious brokers, stock trading capital is also using inadequate information techniques for hiding their real profile. There is no information anywhere on the website regarding their withdrawal fee, minimum withdrawal amount, a fee of an inactive account, and dormant account policy.

Conclusion

Almost all the swindlers have been known to use the same scamming model and using different hues and approaches. Likewise, stock trading capital is also operating without any oversight as a binary options broker with an anonymous website that is full of lies and deceptions. It is a very mistrustful broker with plenty of red flags, which prove it to be a dodgy enterprise. Therefore, your choice should always be a transparent and legitimate forex broker. Only this way you can make sure of the safety of your funds.

Stock Trading Capital

2.5

User Experience

3.1/10

Payment Options

2.3/10

Security

2.5/10

Support

2.1/10

Reputation

2.3/10

Pros

• None

Cons

• An unregulated enterprise
• Lies about financial services offered
• Suspicious withdrawal policy
• False claims about leverage levels
• Lies about the trading platform