Note: For some unknown reason, we cannot open Nine Capitals official site (https://www.nine.capital) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Nine Capital, a trading name of Nine Capital Group Ltd, is allegedly a financial services company incorporated on 4 February 2019 and registered in the United Kingdom that claims to provide its clients with leverage up to 1:200 and floating spreads from 0.6 pips.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, trading platforms, etc.
As for regulation, it has been verified that Nine Capital does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.42/10. Please be aware of the risk.
Account Types
Nine Capital claims to offer three types of trading accounts, namely Starter, Standard and VIP (ECN), with minimum initial deposit requirements of $100, $1,000 and $10,000 respectively.
Leverage
The maximum leverage available at Nine Capital is up to 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads
Nine Capital claims that the spread differs depending on account types. For example, clients on the Starter account can experience spreads starting from 3.0 pips, while the Standard and VIP (ECN) account members can enjoy tighter spreads from 0.6 pips.
Deposit & Withdrawal
The minimum initial deposit requirement with Nine Capital is said to be $100. However, the broker says nothing about the acceptable deposit and withdrawal methods.
Customer Support
Nine Capitals customer support can be reached by telephone: +44 789 585 2215, email: support@nine.capital. Company address: Unit 21799, 483 Green Lanes, London, N13 4BS.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
