Capitalcore Review

Introduction

Capitalcore is a CFD broker that started operations in 2019, and has gained a lot of attention thanks to high leverage, swap-free accounts, and the options to trade both CFDs and Binary Options. Besides niche features, the company also offers many beginner-friendly additions like a low barrier to entry and unlimited access to demo accounts.

The broker also saves the traders from the nuances of withdrawal fees, deposit fees, and inactivity fees. Also, there are no applicable interest fees on your investments as all the accounts are swap-free. 

However, there are some tradeoffs as well. For example, popular platforms like MetaTrader 4 or 5, TradingView, and cTrader are not available. In addition to that, the broker is not regulated by a tier -1 regulator like ASIC, but is regulated by an offshore regulatory body. Automated trading is not restricted but bots are not available yet. The company operates under the name Capitalcore LLC, registered in St. Vincent and the Grenadines. 

Learn more about this company in our detailed broker review: 

Supported Countries

One crucial step in finding a good broker to start trading is making sure the company accepts clients from your country. Otherwise, you cannot even create an account with the brokerage. At the time of writing this broker review, Capitalcore does not accept clients from the following countries: 

Afghanistan, Bangladesh, Belarus, Brazil, China, Egypt, Indonesia, Iran, Kenya, Libya, Malaysia, Nepal, Niger, Nigeria, North Korea, Pakistan, Palestine, Russia, Somalia, South Africa, Sudan, Syria, Ukraine, Yemen and Zimbabwe. The broker is available in most of the jurisdictions, including the US. However, if you are from one of the above-mentioned countries, you need to find another broker. 

Some easy ways to check the availability of a broker in a country are either to contact the customer support or to check the website’s footer for info. Otherwise, you can head to the account creation page and fill the country of residence or phone number. 

Average Customer Rating 

One of the best ways to gauge a broker’s quality of service is by checking what the company’s existing clients say about it. Capitalcore maintains a solid rating of 4.3 stars at the time of writing this review based on less than 50 customer reviews published on Trustpilot. If you are trader with experience of using Capitalcore, you can add your comments on Topbrokers (but please do not spam). 

Trading Platforms

The trading platform you use can significantly shape your experience, as the charting tools, UI, functionality, and features depend on the platform. Most traders have their preferred trading platforms. Like, many traders are MetaTrader loyalists where others prefer to use TradingView, cTrader, NinjaTrader, etc. Capitalcore’s approach to trading platforms is somewhat unique as it provides two versions of its proprietary platform to accommodate traders with different preferences. 

There is a main WebTrader and a stripped-down Pro Platform, both of which are built on the robust TradingView charting technology. The WebTrader is accessible through any web browser and there’s also a mobile app for Android (iOS users can access via the web platform).You can test the platform risk-free by starting with a demo account.  

Deposit and Withdrawal Methods

The convenience of making payments is something many traders look for when choosing a broker. Capitalcore offers a wide range of payment methods suitable for different types of traders. For example, Visa and Mastercard options are ideal for those who prefer using credit or debit cards. PayPal and Perfect Money are great for traders who prefer digital wallets. Lastly, you have the option to deposit and withdraw funds using cryptocurrencies.

Support and Educational Material

Customer support is one of the main deal makers or deal breakers for many traders when it comes to choosing a broker. A good support can save you from a lot of frustration when you run into problems, and a bad one can make things worse. 

Capitalcore offers 24/7 customer support, which is rare among brokers. Traders can reach the support via phone (+1 (623) 920-0100), email ([email protected]), and live chat. However, the support is only available in English. 

There are also sections on the website for broker education like FAQs and short articles. But the knowledge hub is not as extensive as you usually see with some of the major brokerages. 

Regulation and Compliance

Capitalcore is an offshore regulated broker, which means the company lacks the strict oversight of a tier-1 regulator. No advanced security features, no strict audits, segregated funds, or investor protection schemes. On the flipside, an offshore regulator allows brokers to offer more flexible trading conditions like higher leverage. 

Capitalcore is licensed (license no. M321B27) and registered (registration no. 1608) in St. Vincent and Grenadines. The company has the standard security features on the website, and requires KYC and AML compliance to create accounts. 

Company Details

Capitalcore is a CFD broker registered in St. Vincent and Grenadines. The company has been in operations for almost 6 years, and is well-known for offering a really high leverage and binary options. Most brokers usually offer only binary options or CFDs. However, you can trade both with Capitalcore. 

Conclusion

Capitalcore has many standout features in some areas. But there are also areas where the broker lacks. For example, no hidden fees and high leverage are great for most traders. On the other hand, lack of legacy trading platforms, shorter range of tradable assets, and an offshore regulation. 

One thing that really shines for this broker is how all the offerings are really straightforward. You can find the information on the website or contact the customer support. 

All things considered, Capitalcore is a broker worth trying as you can start with a low-risk $10 deposit. The demo account is also there to test things first, and then commit your capital.