Score
Lead Capital Market
Cyprus|5-10 years| http://www.leadcapitalmarkets.com/
Website
Rating Index
Contact
Licenses
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Cyprus
5-10 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential riskUsers who viewed Lead Capital Market also viewed..
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Website
leadcapitalmarkets.com
Server Location
United States
Website Domain Name
leadcapitalmarkets.com
Server IP
216.146.46.11
Company Summary
General Information & Regulation
Lead Capital Market is a Cyprus-registered forex broker. Although this broker claims that it is authorized and regulated by CySEC under license number 227/14, this license is suspected to be a clone one. Lead Capital Market is pretending a regulated broker trying to mislead traders.
Official Website Missing
Lead Capital Market is unavailable at this moment, and when you try to get access to its website, it strangely jumps to another brokers website-Trade.com. We have no idea about the relationship between these two brokers. So, we can only find some useful information through some broker reviews websites.
Market Instruments
Lead Capital Market advertises that it offers rich trading products, including currency pairs, stocks, commodities (gold & silver), as well as crypto currencies.
Minimum Deposit
The minimum deposit required by Lead Capital Market is absurdly high, reaching up to $1000, more than 3 time the amount of the industry standard. Investing with an unregulated broker, depositing so much money into this platform means you can never recover it.
Leverage
The maximum leverage offered by Lead Capital Market is up to 1:1000, a little conservative. Unregulated brokers have no leverage restrictions, so they love to use generous leverage level to attract traders.
Micro Trade Size
The minimum transaction number allowed by Lead Capital Market is 0.01 lot, which sounds friendly to beginners.
Spreads & Commissions
Lead Capital Market only mentions that it offers competitive trading spreads, but does not specify detailed spreads conditions on particular instruments. In most case, unregulated brokers love to hide their real trading costs, or hype low spreads to scam innocent traders.
Trading Platform Available
When it comes to trading platform available, what Lead Capital Market offers is not the MT4 or MT5 trading platform, and this broker does not make this part clear.
Deposit & Withdrawal
When it comes to payment methods available, traders can transfer funds through banks and cryptocurrencies. Deposit and withdrawal via digital money is very dangers, which means if you are scammed by an illegal broker, you can never take your money back. But if you fund your account through Credit Card, you can have a 540-day chargeback to protect your money to some degree.
Customer Support
The Lead Capital Market customer support can be reached through telephone: +357 22 030446, as well as email: info@leadcapitalmarkets.com.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
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