WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

EnticeCapital

United Kingdom|2-5 years|
MT5 Full License|Regional Brokers|High potential risk|

https://www.enticecapital.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
EnticeCapital-MT5 MT5
Server Location United Kingdom

Contact

+44 7451212181
support@enticecapital.com
https://www.enticecapital.com/
71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 7451212181

Other ways of contact

Broker Information

More

Company Name

EnticeCapital

Abbreviation

EnticeCapital

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

EnticeCapital · WikiFX Survey

Users who viewed EnticeCapital also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MultiBank Group

8.95
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

8.23
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

EnticeCapital · Company Summary

Aspect Information
Registered Country/Area United Kingdom
Company Name EnticeCapital
Regulation Not regulated; lacks valid regulatory authorization
Minimum Deposit Classic Account: $100; PRO Account: $1,000; ECN Account: $2,500; VIP Account: $5,000
Maximum Leverage Up to 1:500
Spreads Classic Account: From 1.8 pips*; PRO Account: From 1.4 pips*; ECN Account: From 0.8 pips*; VIP Account: From 0.8 pips*
Trading Platforms MetaTrader
Tradable Assets Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Cryptocurrencies
Account Types Classic, PRO, ECN, VIP
Demo Account Available
Customer Support Email support at support@enticecapital.com (replies within 48 hours), Chat support from 10 AM to 12 AM GMT +8 (Monday-Friday)
Payment Methods crypto
Educational Tools Limited educational resources

Overview

EnticeCapital is a UK-based trading company that operates without regulatory authorization, potentially posing risks to clients. They offer various account types with varying minimum deposits, high leverage up to 1:500, and spreads ranging from 0.8 pips to 1.8 pips on different accounts. The trading platform used is MetaTrader, and they provide access to Forex, Indices, Commodities, Stock CFDs, ETF CFDs, and Cryptocurrencies.

However, the lack of regulation raises concerns about the safety of funds and reliability. Their educational resources are limited, and customer support is available via email and chat during specific hours. EnticeCapital accepts cryptocurrency payments. When considering this company, it's crucial to be cautious due to its lack of regulation and conduct thorough research.

Overview

Regulation

EnticeCapital does not appear to have valid regulatory authorization as a broker, which is a significant concern for potential investors. Valid regulatory oversight is essential for ensuring the safety and security of investments and protecting investors from potential fraud or misconduct. It is highly advisable for individuals to exercise caution and conduct thorough research before engaging with any financial institution that lacks proper regulatory credentials, as it may pose a higher level of risk to their financial assets. In such cases, it is recommended to seek out reputable and regulated brokerage firms to ensure a more secure and regulated investment experience.

Regulation

Pros and Cons

EnticeCapital offers a range of market instruments and account types to cater to traders with different needs and risk appetites. It provides competitive spreads and commissions, along with high maximum leverage for experienced traders. The platform also offers access to the user-friendly MetaTrader platform.

However, there are significant concerns regarding EnticeCapital's lack of valid regulatory authorization, which can impact investor protection. The platform also lacks comprehensive educational resources and has transparency issues in its deposit and withdrawal processes, including potential hidden fees and lengthy processing times. Customer support hours are limited, and traders should exercise caution and conduct thorough research before engaging with this broker.

Pros Cons
  • Offers a variety of market instruments
  • Lacks valid regulatory authorization as a broker
  • Multiple account types for different needs
  • Limited educational resources
  • Competitive spreads and commissions
  • Lack of transparency in deposit and withdrawal processes
  • High maximum leverage for experienced traders
  • Lengthy withdrawal processing times
  • Access to MetaTrader platform
  • Limited customer support hours
  • User-friendly trading environment
  • Potential hidden fees in deposit and withdrawal

Market Instruments

EnticeCapital offers a variety of market instruments to its clients, including:

  1. Forex: EnticeCapital provides access to the foreign exchange market, allowing traders to buy and sell major and minor currency pairs. This enables investors to speculate on the price movements of different currencies against each other, seeking profit opportunities from fluctuations in exchange rates.

  2. Indices: Clients of EnticeCapital can trade indices, which represent the performance of a specific group of stocks or assets. This allows traders to speculate on the overall direction of markets, such as stock market indices like the S&P 500, Dow Jones Industrial Average, or FTSE 100.

  3. Commodities: EnticeCapital offers the opportunity to trade various commodities, including precious metals like gold and silver, energy commodities like crude oil, and agricultural products like wheat or corn. Commodity trading allows investors to diversify their portfolios and potentially benefit from price movements in these markets.

  4. Stock CFDs & ETF CFDs: EnticeCapital offers Contracts for Difference (CFDs) on stocks and exchange-traded funds (ETFs). This allows traders to speculate on the price movements of individual stocks or ETFs without owning the underlying assets, providing flexibility and potential profit opportunities from both rising and falling markets.

  5. CFDs on Bitcoin & Other Cryptocurrencies: The platform offers CFDs on popular cryptocurrencies like Bitcoin and other digital assets. This allows traders to engage in cryptocurrency markets, taking positions on the price movements of these volatile assets without the need for physical ownership.

Market Instruments

Account Types

EnticeCapital provides traders with a choice of four distinct account types, each tailored to accommodate varying trading needs and preferences. The Classic Account serves as an entry point with a minimum deposit requirement of just 100 USD. Traders using this account can select from multiple account currencies, including EUR, USD, and JPY. The spreads start from 1.8 pips*, and traders can enjoy leverage of up to 1:500. This account type is well-suited for beginners and those who want to start trading with a modest initial investment. It also allows the use of Expert Advisors (EAs) for automated trading strategies.

For more seasoned traders seeking tighter spreads, the PRO Account is available with a minimum deposit of 1,000 USD and similar account currency options. Spreads start from 1.4 pips*, and maximum leverage remains at 1:500. The PRO Account maintains the ability to use EAs and offers IB commissions of $8 per lot. This account type caters to traders with a bit more experience who are willing to commit a higher initial deposit.

The ECN Account is designed for traders looking for the most competitive spreads, starting from 0.8 pips*, but it requires a minimum deposit of 2,500 USD. This account type provides a maximum leverage of 1:200 and does not have IB commissions. However, it does have a direct commission of $6 per lot traded. Traders opting for the ECN Account value low-cost trading and direct market access. Like the previous accounts, EAs are also allowed here.

Lastly, EnticeCapital offers a VIP Account, which targets professional and high-volume traders. With a minimum deposit requirement of 5,000 USD, this account type offers the same competitive spreads starting from 0.8 pips* as the ECN Account. Maximum leverage remains at 1:200, but it offers the lowest IB commissions at $4 per lot. The VIP Account provides premium trading conditions for those willing to make a substantial initial deposit and is suitable for experienced traders who value the tightest spreads and lowest commissions.

Account-Types

Leverage

EnticeCapital offers a maximum trading leverage of up to 1:500. Leverage allows traders to control a larger position with a smaller amount of capital but comes with increased risk. Traders should use high leverage cautiously, and it's crucial to have a risk management strategy in place. High leverage may be suitable for experienced traders but not recommended for beginners.

Spreads and Commissions

EnticeCapital offers different spreads and commissions depending on the chosen trading account. The spreads represent the difference between the buying (ask) and selling (bid) prices of assets and can vary among the account types.

For the Classic Account, spreads start from 1.8 pips, making it a suitable choice for traders looking for competitive pricing while starting with a modest minimum deposit of 100 USD. This account also incurs IB commissions of $13 per lot traded.The PRO Account, on the other hand, offers tighter spreads starting from 1.4 pips and lower IB commissions at $8 per lot. This account targets more experienced traders who are willing to commit a minimum deposit of 1,000 USD.

The ECN Account is designed for traders seeking the most competitive spreads, with rates starting from 0.8 pips. While this account does not have IB commissions, it has direct commissions of $6 per lot traded. A higher minimum deposit of 2,500 USD is required for this account.

Lastly, the VIP Account also provides spreads starting from 0.8 pips* and the lowest IB commissions at $4 per lot. This account type caters to professional and high-volume traders who can meet the minimum deposit requirement of 5,000 USD.

Deposit & Withdrawal

EnticeCapital's deposit and withdrawal process can be characterized by a lack of transparency and certain drawbacks.

Deposit:

While the minimum deposit for Crypto Wallets with USDT TRC-20 is 20 USDT, the processing time, albeit relatively quick at a minimum of 15 minutes, can be inconsistent. Additionally, while they may claim to cover fees, it's crucial to be cautious, as hidden charges or unfavorable exchange rates may still apply, impacting the overall cost of depositing funds.

Withdrawal:

Withdrawals using a Crypto Wallet with USD TRC-20 have a minimum withdrawal requirement of 100 USD, 100 EUR, or 100 GBP. The processing time of up to 24 working hours can be considered lengthy, especially in the fast-paced world of financial markets. Once again, the claim of covering fees should be scrutinized, as the actual cost of withdrawal may not be as transparent as one would hope.

In summary, EnticeCapital's deposit and withdrawal procedures may leave clients feeling uncertain due to potential hidden fees, extended processing times, and a lack of full clarity in their financial transactions. Traders should exercise caution and thoroughly review the terms and conditions before engaging in deposit and withdrawal activities with this broker.

Deposit-Withdrawal

Trading Platforms

Entice Capital offers traders access to the versatile MetaTrader platform, known for its excellent trade conditions featuring low fixed spreads and negative balance protection. The platform provides a user-friendly experience with single-click trading, preinstalled indicators, and analysis tools, streamlining the trading process. Additionally, custom trading templates enhance personalization. MetaTrader is available on a variety of devices, including iPhone, iPad, Android, tablets, and PCs, ensuring flexibility and convenience for traders to access their preferred trading environment.

Trading-Platforms

Customer Support

EnticeCapital offers a variety of customer support options to cater to the needs of its clients. Clients can reach out to the support team via email at support@enticecapital.com, with a commitment to provide replies within 48 hours. Additionally, for real-time assistance, a chat feature is available from 10 AM to 12 AM GMT +8, Monday through Friday. This range of communication channels allows clients to seek assistance and resolve queries according to their convenience, ensuring a responsive and accessible customer support experience.

Customer-Support

Educational Resources

EnticeCapital does not appear to offer a comprehensive range of educational resources for traders. Having access to educational materials can be valuable for traders looking to improve their skills and knowledge in the financial markets. Traders may need to seek supplementary educational sources or rely on external resources to enhance their understanding of trading strategies, market analysis, and risk management when using this platform.

Summary

EnticeCapital is a trading platform that operates without valid regulatory authorization, raising concerns about investor protection. While it offers a variety of market instruments, including Forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies, it lacks comprehensive educational resources. The platform features four account types, catering to traders with different needs and risk appetites, and offers leverage of up to 1:500. Spreads and commissions vary across account types, with competitive options for both novice and experienced traders. The deposit and withdrawal process raises transparency concerns, with potential hidden fees and lengthy processing times. EnticeCapital uses the MetaTrader platform, known for its user-friendly interface and trade conditions. Customer support is available through email and real-time chat, and while educational resources are limited, clients can access assistance as needed. Traders should carefully consider the platform's regulatory status and terms before engaging in trading activities with EnticeCapital.

FAQs

Q: Is EnticeCapital a regulated broker?

A: No, EnticeCapital does not have valid regulatory authorization as a broker.

Q: What is the maximum leverage offered by EnticeCapital?

A: EnticeCapital offers a maximum trading leverage of up to 1:500.

Q: Are there educational resources available on the platform?

A: EnticeCapital does not offer comprehensive educational resources for traders.

Q: What are the available market instruments on EnticeCapital?

A: EnticeCapital offers Forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies for trading.

Q: How can I contact customer support at EnticeCapital?

A: You can reach the EnticeCapital support team via email at support@enticecapital.com, with a commitment to reply within 48 hours. Real-time chat support is also available from 10 AM to 12 AM GMT +8 on weekdays.

Review 2

2 Comments
Write a comment
All(2) Latest Neutral(1) Exposure(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com