SECURCAP Information
Founded in 2015, SECURCAP is a brokerage company with an offshore regulation registered in Seychelles. The company offers currencies, commodities, stock indices, and bonds with the MetaTrader 5 (MT5) platform for trading. It also provides live account and premium account with different leverage and minimum deposit requirements.
Pros & Cons
Pros:
Diverse trading instruments
SECURCAP offers clients with a variety of trading instruments such as currencies, commodities, stock indices, and bonds.
MT5 platforms
SECURCAP offers MT5 platform (Windows, MacOS, Android Trader, and iPhone & iPad Trader).
Comprehensive customer support
SECURCAP offers phone, email, address, contact form, and live chat.
Educational resources
SECURCAP provides educational lessons, a glossary, and Economic Calendar for learning.
Cons:
Offshore regulation
SECURCAP is currently regulated by the Financial Services Authority (FSA) under offshore regulatory status. Offshore regulation is risky.
Registration difficulty
The page for opening an account cannot be found currently. New clients cannot register successfully.
Is SECURCAP Legit？
SECURCAP is currently regulated by the Financial Services Authority (FSA) under offshore regulatory status. Offshore regulation means that the regulator only regulates a part of the broker's trading scope. Compared with complete regulations, offshore regulatory status adds to the risk of trading, so we remind you to be aware of the risk.
Market Instruments
SECURCAP offers clients with a variety of trading instruments such as currencies, commodities, stock indices, and bonds. You can choose the product you like to trade, but please be aware of its offshore regulation.
Account Types
SECURCAP provides two types of accounts: live account and premium account. They have different min Deposit requirements. For live account, $200 is required for minimum deposit; while for the premium account, the requirement is much higher up to $10,000.
How to Open an Account？
After clicking the button ''Create Account''on the homepage, we found that the page for opening an account cannot be found. This is a signal for risk. If you can't register with this broker, you cannot do any trading with them at all.
Leverage
SECURCAP offers a maximum leverage of 100:1 for the live account and up to 200:1 for the premium account. However, on its homepage, it claims to offer leverage up to 1:500. The leverage is not very high, so the risk of big losses is lower at the same time. You can choose the one you see fit.
Spreads & Commissions
SECURCAP offers the spread from 3 pips for the live account and 1 pip for the premium account. The commission of the two types of accounts is both $15.
Trading Platforms
SECURCAP offers MT5 Windows, MT5 MacOS, Android Trader, and iPhone & iPad Trader for its clients. Although MT5 is the worlds most popular trading platform, the company's offshore license can be a drawback.
Customer Service
SECURCAP's support team can be reached through:
- Phone: +248 4323 763
- Email: info@securcap.com
- Address: SECURCAP SECURITIES LTD. Office 4, Suite C2, Orion Mall, Palm Street Avenue, Victoria, Seychelles
Education
SECURCAP offers educational lessons, but you need to login to yourLive Account to continue the lessons.
SECURCAP also provides a glossary and Economic Calendar to help clients with their trading process.
Conclusion
In conclusion, SECURCAP offers diverse trading instruments with industry-leading MT5 platform, two account types with flexible deposit requirements and leverage, comprehensive customer support channels, and multiple educational resources. Apart from its offshore regulation, SECURCAP is a relatively viable option.
Q&A
Is SECURCAP regulated？
SECURCAP is currently regulated by theFinancial Services Authority (FSA) under offshore regulatory status.
Does SECURCAP offer demo accounts？
No.
What trading instruments does SECURCAP offer？
SECURCAP offers currencies, commodities, stock indices, and bonds.
Is SECURCAP a good broker for beginners？
SECURCAP is not a good choice for beginners for its offshore regulatory status.
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.
Seychelles
