WealthCapital is an unregulated online trading broker that provides clients with a proprietary trading platform and some tools for trading a wide selection of tradable assets, including stocks, commodities, indices, forex, and cryptocurrencies. They claim to offer transparent trading conditions with reliable trade execution speeds and competitive fees.
WealthCapital Review, Pros & Cons
- Multiple trading instruments
- A range of trading tools
- A selection of educational materials
- Multiple account options
- Not regulated
- A minimum deposit of €5,000
- No MetaTrader platforms
- Not the lowest spreads
- No USA traders
In this detailed WealthCapital review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Operating from Estonia, WealthCapital is a trading broker that allows clients to trade multiple financial instruments via its proprietary WealthCapital trading platform. The broker provides clients with a good selection of educational resources and useful trading tools. Clients can also choose from a variety of different trading account types with a required minimum deposit of €250 and leverage of up to 1:500.
The broker has won several industry awards, including the 2018 Winner for Customer Service by the Digital Bank of Europe, and Winner for innovation, which was awarded by the Crypto Organisations 2018. However, the broker is not regulated which could be a red flag for many potential clients.
There is no regulatory information on the broker’s website at the moment as they are unregulated. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our best trading brokers for alternative regulated brokers.
The broker allows traders from different parts of the world to open a trading account with them if their countries of residence permit online trading with international brokers. They cannot accept US traders.
Some WealthCapital features and products mentioned within this WealthCapital review may not be available to traders from certain countries because of legal restrictions.
WealthCapital provides traders with the intuitive and sophisticated WealthCapital trading platform. It is a web-based trading platform that can run directly on most modern web browsers like Chrome, Firefox, Safari, and Edge, thereby eliminating the need to download or install any additional software. The platform has a good range of analytical features, and it gives traders access to dynamic price alerts and technical indicators in real-time.
WealthCapital Trading Tools
The broker gives traders access to a wide range of useful trading tools that help to enhance clients’ trading experience. They include Daily Market Analysis, Trading Signals, Calculators, and Economic Calendar.
The ’Education’ section of the broker’s website contains a good selection of educational resources to keep traders informed. These include learning videos, forex trading webinars, e-books, and more. There is also a well-defined FAQ section that gives prompt answers to clients’ most common questions.
WealthCapital offers multiple financial instruments across different asset classes, including forex, indices, commodities, stocks, and cryptocurrencies for trading online.
WealthCapital Accounts & Fees
WealthCapital offers a selection of live trading accounts to match your trading style and experience. They include Basic (€5,000), Advanced (€25,000), Expert (€75,000), and Master (Custom) Accounts. Each account type offers a leverage of up to 1:500.
As broker fees can vary and change, there may be additional fees that are not listed in this WealthCapital review. It is imperative to ensure that you check and understand all of the latest information before you open a WealthCapital broker account for online trading.
The WealthCapital support team can be reached via telephone, email, and online live chat.
WealthCapital Deposit & Withdrawal
The broker accepts the following payment methods:
- Bank transfer
- Credit/Debit Cards — such as Visa, MasterCard, Maestro, and Diners club
- E-Wallets — including AlphaExchange
WealthCapital Account Opening
Trading accounts can be opened in 3 easy steps: Click on ’Signup’ and complete the quick and easy registration process; submit your verification documents; and proceed to deposit funds and start trading.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
WealthCapital is an unregulated, Estonia-based online trading broker that gives clients access to online trading of multiple financial instruments via its proprietary web platform, along with trading tools and educational materials.
You should not take a risk higher that you are ready to lose. Before making a decision concerning a deal, make sure you realize all the risks, consider your experience and, if necessary, consult an independent expert. There are no guarantees of profit nor of avoiding losses when trading Contracts for Difference and Foreign Exchange Contracts. You get no guarantees from WealthCapital or any of the broker’s representatives. 79% of retail investor accounts lose money when trading CFD with this provider.