What is Make Capital？
Make Capital is a financial services provider based in the Cayman Islands, regulated by the Australia Securities & Investment Commission (ASIC), offering an extensive selection of tradable assets, including Forex, indices, metals, commodities, and cryptocurrencies. Founded in 2020, the firm caters to a global client base, providing a technologically robust trading environment via the MetaTrader 4 platform, complemented by mobile trading capabilities.
Is Make Capital Legit？
Make Capital is regulated by the Australia Securities & Investment Commission (ASIC) as an Appointed Representative (AR). It holds the license number 001307785, under Australian regulatory oversight.
While Make Capital boasts registration with South Africa's Financial Sector Conduct Authority (FSCA) under license no.53179, a closer look reveals a potential regulatory gap. Their license type, “Financial Service Corporate,” doesn't include forex and related trading activities. This suggests their core business operates outside the FSCA's regulatory framework.
Pros and Cons
Make Capital is recognized for being regulated by ASIC, which often assures a degree of reliability and adherence to financial standards. The platform's diverse range of tradable assets, including popular markets like Forex and emerging sectors like cryptocurrencies, caters to various trading preferences. Accessibility is another strong point, with the provision of the widely-used MetaTrader 4 platform along with mobile trading options, which facilitates trading on-the-go. However, there are gaps in disclosed information, particularly regarding the variety of account types, specific spread values, and commission costs, which could affect a trader's strategy and cost management.
Trading Instruments
Make Capital offers 200+ tradable assets across global markets, including Forex pairs, indices, various metals and commodities, as well as cryptocurrencies.
Here is a comparison table of trading instruments offered by different brokers:
How to Open an Account
To open an account with Make Capital, follow these steps.
Visit the Make Capital website. Look for the “Register” button on the homepage and click on it.
2. Sign up on websites registration page.
3. Receive your personal account login from an automated email
4. Log in
5. Proceed to deposit funds to your account
6. Download the platform and start trading
Leverage
Make Capital offers a maximum leverage ratio of 1:500 for its trading instruments.
Here is a comparison table of maximum leverage offered by different brokers:
Spreads and Commissions
Make Capital executes trades swiftly in milliseconds and aims to offer spreads that are very low. The precise details of commissions are not provided but are implied to be favorable.
Deposit & Withdraw Methods
The deposit and withdrawal methods for Make Capital include Visa, Maestro, Skrill, MasterCard, and NETELLER. Make Capital requires a minimum deposit of 200 USD to start trading.
Trading Platforms
Make Capital provides access to the MetaTrader 4 platform and offers a mobile trading option for trading on the go.
Customer Support
Make Capital's customer support can be reached via email at services@makecapital.com.
Physical Address: Artemis House, 76 Fort Street, Grand Cayman, KY1-1111, Cayman Islands
Educational Resources
Make Capital offers educational resources in the form of fundamental analysis, technical analysis, and an economic calendar.
Conclusion
Make Capital stands out with its regulation by ASIC and offers a broad array of tradable assets with a focus on technology-driven services. While the provision of MT4 and educational resources bolster its appeal, the lack of detailed information on account types and bonus offerings may require potential clients to seek further details directly from the broker.
FAQs
Is Make Capital legit ？
Make Capital is supervised by ASIC in Australia,
What tradable assets can I trade with Make Capital？
You can trade various assets including Forex, indices, metals, commodities, and cryptocurrencies.
What platform does Make Capital use for trading？
Make Capital uses the MetaTrader 4 platform and also offers a mobile trading option.
What is the minimum deposit required by Make Capital？
The minimum deposit required to trade with Make Capital is 200 USD.
Is Make Capital a good broker for beginners？
Make Capital seems not to be solid choices for beginners, as it does not provide micro accounts or demo accounts.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2024-04-17 11:10
