Capital Nine is a forex broker established on October 6, 2023, in Saint Lucia, primarily offering financial trading services in forex, metals, cryptocurrencies, stocks, indices, and energy to investors. Its headquarters are located in Dubai. The broker does not provide services to jurisdictions where doing so would be in violation of local laws or regulations, including but not limited to the United States, Cuba, Iraq, Myanmar, North Korea, Sudan, and others.
Corporate Registration Information and Regulatory Status:
According to publicly available information on the Capital Nine official website, the business entity registered in Saint Lucia is Capital Nine Global Limited, with the registered address at Sotheby Building, Rodney Bay, Gross-Islet, St. Lucia, and the registration number is 2023-00496. Its office address is FL4 - 38, Sony Building, Al Raffa, Dubai, UAE - 55322. The broker's official website does not disclose any regulatory information.
Upon verification, an entity named Capital Nine Global Limited, with the registration number 2023-00496, can be found in the Saint Lucia International Business Company and International Trust Registry (IFC). However, no broker registered as Capital Nine Global Limited was found in the Financial Services Regulatory Authority (FSRA) of Saint Lucia, nor was the entity found with other jurisdiction's official financial regulatory bodies.
According to information retrieved through a Whois search, the domain name of the broker's official website was registered on October 13, 2023. Furthermore, as of January 15, 2024, the broker has been established for just over three months.
Account Opening:
To open an account with Capital Nine: access the broker's official website, click on the "Sign up" button at the top right corner of the page, enter the required personal information and submit it, after which the broker will send an email with an account activation link to the email address provided. Once activated, users can log in to their account. After logging in, a complete verification of personal information is required before depositing and starting trading activities.
Account Types:
Capital Nine offers investors a maximum trading leverage of 1:400, with the smallest trading size being 0.01 lots. The broker provides two different types of real trading accounts: the Classic account and the Platinum account, the latter requiring a minimum initial deposit of $10,000 USD. Specific details of the two accounts have not been disclosed.
Trading Platform:
Capital Nine offers the MT5 trading platform, with servers provided by Capital Nine Global Limited. On the MT5 trading platform, only demo accounts can be opened or existing trading accounts can be connected; it is not possible to open new real trading accounts.
Deposits and Withdrawals:
Capital Nine does not disclose the supported methods for deposits and withdrawals, fees, or the minimum deposit and withdrawal amounts on its official website.
Summary:
Traderknows reminds investors that Capital Nine is an unregulated forex broker with unclear account trading information and unclear deposit and withdrawal methods. Traderknows advises investors to steer clear of Capital Nine and to choose brokers with transparent information, strong regulation, and a good reputation for their investment trading activities to avoid unnecessary financial losses.
Currently, the broker is marked as "Suspicious of Fraud" on Traderknows.
