Overview of Adam Capitals
Founded in 2021, Adam Capitals is a forex and CFD broker registered in Saint Vincent and the Grenadines. The broker offers forex, stocks, commodities, indices, metals, energies and CFDs. However, it operates without regulatory oversight. Adam Capitals provides access to the MetaTrader 5 platform, with three types of accounts: Standard, VIP, and ECN, with leverage up to 1:500. Customer support is available through email, phone, and a contact form, though the transparency regarding deposit and withdrawal methods is limited.
Pros and Cons
Adam Capitals provides access to global stock markets and commodities such as agricultural products and natural resources, along with 40 forex currency pairs. The availability of the MetaTrader 5 (MT5) platform helps to enhance the trading experience. Additionally, the broker offers a contact form for easy communication and support.
However, Adam Capitals operates without any regulation. The lack of transparency around commissions and fees can make it difficult for traders to understand the true cost of trading. Opaque payment methods further complicate the financial processes. The imposition of swaps on Standard and VIP accounts could increase trading costs for those account holders. Lastly, the absence of customer support on weekends could be inconvenient for traders who require assistance outside regular business hours.
Is Adam Capitals legit or a scam？
Adam Capitals currently operates without regulation from any established financial authority. This unregulated status indicates a lack of fund security and transparency in trading practices.
Market Instruments
The broker supports trading in the following categories:
CFDs: Multiple CFDs on stocks, commodities, indices, and bonds.
Commodities: Involves both physical commodities like gold and commodity derivatives such as futures contracts. This includes agricultural products (soft commodities) and natural resources (hard commodities).
Stocks: Access to over 500 publicly traded companies from the US, UK, France, and Germany.
Forex: 40 currency pairs, including major, minor, and cross pairs.
Indices: Baskets of top shares representing countrywide performance.
Metals: Commodities such as gold, silver, and platinum.
Energies: Opportunities to trade UK and US crude oil, as well as natural gas.
Account Types
Adam Capitals offers three trading account types: Standard, VIP, and ECN.
The Standard account is ideal for beginners or those with a lower initial investment, requiring a minimum deposit of $100. This account type offers a spread of 1.5 PIPs and a leverage of up to 1:500.
The VIP account, targeted at more experienced traders, requires a minimum deposit of $1000. It offers a tighter spread of 1.0 PIP and maintains the same leverage of up to 1:500.
The ECN account is suitable for professional traders. With a minimum deposit requirement of $2500, this account type provides the tightest spread of 0.6 PIP and the same leverage of up to 1:500. Additionally, the ECN account offers a swap-free option.
How to Open an Account with Adam Capitals
Register: Visit the Adam Capitals website and click on the 'Register & Start for Free' button. Fill out the registration form with your personal information, including your full name, email address, phone number, and country of residence. You will also need to create a unique username and password.
Verify Documents: After submitting your registration form, you will need to verify your email address by clicking on the verification link sent to your inbox. Next, complete the account verification process by providing additional information such as your identification documents (ID) and proof of address.
Top Up: Once your account has been verified, log in to your Client Portal and top up your account.
Start Trading: After funding your account, you can start trading by logging into the MetaTrader 5 platform using your account credentials. Adam Capitals provides access to over 275 trading instruments across six major markets.
Leverage
Adam Capitals offers a maximum trading leverage of up to 1:500 across its various account types. This unregulated broker offering such high leverage intends to attract more innocent traders.
Spreads & Commissions
Adam Capitals features a tiered spread structure:
Standard Account: Spreads start from 1.5 pips.
VIP Account: Spreads start from 1.0 pips.
ECN Account: Spreads start from 0.6 pips.
Other Fess
Adam Capitals charges overnight interest fees (swap rates) for positions held overnight. However, the ECN account offers a swap-free option.
Trading Platform
Adam Capitals provides the MetaTrader 5 (MT5) platform across all account types, offering a powerful and versatile trading tool. With its user-friendly interface and comprehensive features, MT5 supports algorithmic trading with Expert Advisors (EAs), market depth information, and advanced order management tools. It also includes numerous technical indicators for detailed market analysis. MT5 is accessible on both desktop and mobile devices, and the mobile platform retains the core functionalities of the desktop version.
Customer Support
Customer support is available 24/5.
Company Mail: support@adamcapitals.com
Phone Number: +44 7852-768759
Physical Address: Plot No. 341F, 4th B Road, Sardarpura Jodhpur-342001, Rajasthan, India.
Address: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, P.O. Box 838, Castries Saint Lucia.
Contact form is provided on the broker's website.
Educational Resources
Adam Capitals enhances trader education through its “Global Capital Insights” program. This educational hub includes three parts:
MOBILE TRADER: This resource explains how to elevate trading on the MetaTrader 5 platform with the Mobile Trader feature.
METALS & COMMODITIES: This section provides insights into trading precious metals and commodities, emphasizing the opportunities in these highly traded markets and offering practical trading tips.
METATRADER 5: An overview of the MetaTrader 5 platform, detailing its capabilities for technical analysis and trading operations in Forex and exchange markets, and highlighting key features that support traders' activities.
Conclusion
Adam Capitals, founded in 2021 and based in Saint Vincent and the Grenadines, operates as an unregulated forex and CFD broker. The broker offers forex, stocks, commodities, indices, metals, and energies, accessible through the MetaTrader 5 platform. Adam Capitals provides three account types—Standard, VIP, and ECN—with leverage up to 1:500 and varying spreads. However, the lack of regulatory oversight is a major drawback. Additionally, the unclear fee structure and limited customer support on weekends indicate potential challenges for traders.
FAQs
Q: Is Adam Capitals regulated？
A: No, Adam Capitals operates without any regulatory oversight.
Q: What is the minimum deposit for Adam Capitals accounts？
A: The minimum deposit is $100 for Standard, $1000 for VIP, and $2500 for ECN accounts.
Q: Which trading platform does Adam Capitals use？
A: Adam Capitals utilizes the MetaTrader 5 (MT5) platform.
Q: What is the highest leverage available at Adam Capitals？
A: Adam Capitals offers leverage up to 1:500.
Q: What instruments can be traded at Adam Capitals？
A: Traders can access forex, stocks, commodities, indices, metals, energies, and CFDs at Adam Capitals.
Risk Warning
Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.
Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.
