Capitalcore review and ratings

Established 2019
Location Saint Vincent and the Grenadines
Regulation None
Offices Kingstown
Broker type MM
Leverage up to 1:1000
Deposit from 1 USD
Spreads low  low
Platforms Web Specific
Instruments Currencies Indices Metals Energies
Funding methods PayPal Perfect Money Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Tether

Company information

Capitalcore is a legally registered forex broker located in the Saint Vincent and the Grenadines, but not regulated by any government agency.

Availability

Capitalcore accepts clients from all over the world, excluding some countries where restrictions apply.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for FX trading.

30+ Currency Pairs Based on major and minor world currencies.
6 Indice CFDs Based on baskets of different blue-chip stocks and US Dollar Index.
2 Metal CFDs Based on Gold and Silver.
1 Energy CFD Based on Crude Oil (WTI).

Forex broker offers the following underlying assets for Binary Options trading.

6 Currency Pairs Based on major world currencies.
1 Metal BO Based on Gold.

Comprehensive review

Capitalcore is a forex & binary options broker that offers high leverage, low spreads, and trading on a proprietary web-based trading platform. The broker is based fully offshore in Saint Vincent and the Grenadines, and welcomes traders from almost all countries as clients, including US residents.

The conventional instruments that are available from Capitalcore include more than 30 currency pairs, a handful of stock indices, and a few commodity CFDs. Further, the broker also offers binary options trading with 6 currency pairs and gold as underlying assets. Combined, this means that clients can choose from most commonly traded assets, whether as binary options or as CFDs.

And while Capitalcore does have a decent selection of trading assets, it has chosen to only offer one platform to trade those assets on; the Capitalcore WebTrader. Especially noteworthy about Capitalcore’s platform is that the same platform allows trading in both binary options and traditional CFDs and forex, which is different from how most other brokers separate binary options from conventional trading. However, this does make it a lot easier for traders, who can now simply stay within a single platform no matter what and how they want to trade.

To summarize Capitalcore’s platform, it is one that is simple to use, and can be mastered in a short amount of time even for complete beginners in trading. With that said, however, being simplistic also means that experienced traders may miss some of the more advanced functionality they have gotten used to from platforms like the MT4 or 5. Nonetheless, the Capitalcore WebTrader can be customized in a number of ways, supports multi-chart layouts, and works as well on mobile devices as it does on desktop computers.

Another aspect that may make Capitalcore a good broker for beginners is the low minimum deposit requirement of just USD 1 that is needed to get started trading with the Classic account. The next level up after this account would then be the Silver, Gold, and VIP accounts, which are available for deposits of at least USD 500, 2,000, and 5,000, respectively. As usual, it is only the most basic account type that can trade with the highest leverage of 1:1,000, while the top-tier VIP account will be limited to a maximum leverage of 1:100.

When it comes time to fund the trading account, it’s great to see that this broker accepts cryptocurrencies like Bitcoin and Ethereum, in addition to traditional payment methods including Visa, MasterCard, PerfectMoney, and PayPal. Note, however, that deposits and withdrawals with PayPal do carry a rather high 5% fee, which means that this option really should be avoided if possible.

Regarding customer service, we are also pleased to see that Capitalcore is among the few brokers that actually offers 24 hour live support every day of the week, including on weekends. The support team can be reached via two US phone numbers or email.

In conclusion, we want to reiterate that Capitalcore is a completely unregulated offshore broker, which invariably comes with certain risks. It’s therefore important to do solid research before depositing money with the broker, and also to be aware that compensation schemes may or may not be in place in case the broker ever faces financial difficulties. It should also be mentioned that this broker has a very limited social media presence, with its Twitter account suspended for violation of Twitter’s rules at the time of this writing. Consequently, we urge you again to do your own research, and only deposit funds with brokers you fully trust.

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