GoldCapital24 Information
Founded in 2023, GoldCapital24 is an unregulated brokerage company registered in China. This firm provides plenty of investment choices and tiers its accounts into four investment plans. Email as the only way of customer support is an obvious drawback.
Pros and Cons
Is GoldCapital24 Legit？
GoldCapital24 currently does not hold any valid regulatory certificates. Although it is incorporated in China, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
What Can I Trade on GoldCapital24？
Having a diversified portfolio is important for managing risk. The more investment options you have to choose from, the easier it is to diversify. GoldCapital24 boasts of trading over 500 products with instant execution. You can invest in forex, cryptocurrencies, CFDs, stocks, indices, and commodities.
If you're looking for mutual funds or ETFs, you'll not find them here. But you'll still have a good mix of investment choices. For beginners, various educational resources and tools are offered by this firm to learn these popular assets.
Account Types
Some online brokerages tier their accounts. Tiers can be based on your balance or features and benefits you enjoy. Whether it is a pro or con depends on what you're looking for in an online brokerage. GoldCapital24 tiers its accounts into four different investment plans: standard, silver, gold and VIP. But the website does not give the condition of each plan.
Demo account and exclusive new are available for all plans. The VIP plan can enjoy spreads from 0.0 pips and development of an individual business plan from this firm's experts. On the other hand, the spread for standard plan is from 1.5 pips and the additional benefits is intro call from personal account manager.
Overall, these tiers are nothing special from services other brokerage provided except the loss of requirement of each plan.
Customer Support Options
For any question you might have, help is available via email (support@goldcaptical24.de). There is no customer support phone number listed on the website and live chat isn't available. That could be an inconvenience if you need help with your account and time is of the essence. Other online brokerages may offer you more options for getting in touch with customer service representatives or investment experts.
The Bottom Line
Variety is a good thing for building a diversified portfolio. Having a mix of different investments can help with managing risk. GoldCapital24 makes building a diversified portfolio easier with its wide selection of investment options. However, GoldCapital24 is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.
FAQs
Is GoldCapital24 safe？
GoldCapital24 is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Is GoldCapital24 good for beginners？
GoldCapital24 provides diverse educational resources and tools for beginning investors. On the other hand, you may need a very high minimum balance to get started.
Does GoldCapital24 offer leveraged trading？Yes, GoldCapital24 provides leverage trading from 1:200 to 1:500.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.
