Leap Capital Markets is a forex broker that was registered in Saint Lucia on May 18, 2023, primarily providing investors with financial trading services such as forex, stocks, commodities, indices, cryptocurrencies, etc. The location of its headquarters is unknown. This broker does not provide services to jurisdictions where such services may violate local laws or regulations, including but not limited to North Korea, the United States, Puerto Rico, Canada, Japan, Iran, Iraq, Lebanon, Turkey, etc.
Company Registration Information and Regulatory Status:
Public information on the official website of Leap Capital Markets indicates that the corporate entity registered with the International Business Company and International Trust Registry (IFC) in Saint Lucia is Leap Capital Markets Ltd, with the registered address being Fortgate Offshore Investment and Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and the registration number is 2023-00188. The broker's website claims that this entity is also registered with the Financial Services Regulatory Authority (FSRA) of Saint Lucia.
Upon verification, an enterprise entity named Leap Capital Markets Ltd with the registration number 2023-00188 is found in the International Business Company and International Trust Registry (IFC). However, this entity is not found in the Financial Services Regulatory Authority (FSRA) of Saint Lucia, nor in the official financial regulatory authorities of other jurisdictions.
According to information found through a Whois search, the domain name of the broker’s official website was registered on April 6, 2023. Additionally, as of January 25, 2024, the broker has been registered for less than a year.
Account Opening:
Account opening with Leap Capital Markets: Go to the broker's official website, click "Sign up" in the top right corner to enter the account registration interface, fill in the personal information as required and submit it. After submission, the broker will send a verification code to the email address provided; once the code is entered, you can log in to your account. After logging in, you must complete full personal information verification to make deposits and engage in trading activities.
Account Types:
Leap Capital Markets offers customers five different types of real trading accounts: Zero Account, Standard Account, VIP Account, Fixed Account, Crypto Account.
RAW Account:
- Maximum Trading Leverage: 1:1000
- Spreads: From 0 pips
- Trading Commission: $10 per lot
- Minimum Initial Deposit: $0
Standard Account:
- Maximum Trading Leverage: 1:1000
- Spreads: From 1.0 pips
- Trading Commission: $0
- Minimum Initial Deposit: $0
VIP Account:
- Maximum Trading Leverage: 1:1000
- Spreads: From 0.4 pips
- Trading Commission: $0
- Minimum Initial Deposit: $5,000
Fixed Account:
- Maximum Trading Leverage: 1:1000
- Spreads: From 1.2 pips
- Trading Commission: $0
- Minimum Initial Deposit: $0
Crypto Account:
- Maximum Trading Leverage: 1:1000
- Spreads: Original spreads
- Trading Commission: $0
- Minimum Initial Deposit: $0
Trading Platform:
Leap Capital Markets claims to provide users with the MT5 trading platform on its official website. However, upon checking, MT5 platform does not list this broker, and it can only be found through their website domain. It has been discovered that their domain on the MT5 platform can only be used to connect existing trading accounts, and cannot be used to open new demo or real trading accounts.
Deposits and Withdrawals:
Leap Capital Markets has not clearly disclosed its supported deposit and withdrawal methods, fees, or minimum amounts on its official website.
Summary:
Traderknows reminds investors that Leap Capital Markets is a forex broker without effective regulation. Traderknows advises investors to choose brokers with strong regulation and a good reputation for their investment and trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as 'Suspected of Scam' on Traderknows.
