Capital Street FX is a forex broker registered in Saint Vincent and the Grenadines, offering trading services in forex, commodities, funds, indices, stocks, cryptocurrencies, and more. It provides multiple contact methods for customer support and releases the latest market information and service updates through social media platforms.
Company Background:
Capital Street FX is a broker offering trading services for forex, commodities, funds, indices, stocks, cryptocurrencies, and other financial products. It encompasses Capital Street Bancclear Corporation and Capital Street Intermarkets Limited. Capital Street Bancclear Corporation, founded in 2014, is registered in Saint Vincent and the Grenadines under registration number 22064. Its office is located at Suite 305 | Griffith Corporate Centre | Beachmont | Kingstown | Saint Vincent and the Grenadines | P.O. Box1510. Despite claims that Capital Street Intermarkets Limited is registered in Mauritius, there is no record of such an entity in the Mauritius company registry.
The official website of Capital Street FX is https://www.capitalstreetfx.com/en/, with the domain registered on April 2, 2015. The broker focuses on providing forex trading services. Through its website, clients can access forex trading information, tools, platforms, and various trading account options.
Regulatory Status:
Capital Street FX claims to be a fully licensed company regulated by the FSC Mauritius and the FSA Saint Vincent, offering a diverse range of investment products and services, including forex trading, global stocks and indices, commodities, bonds, and cryptocurrencies. However, according to search results, Capital Street FX is not under any effective regulation. The broker is suspected of falsely advertising its regulatory information. Knowing a broker's regulatory status is crucial for investors as it directly impacts investment safety and trading transparency. Therefore, it is advised to choose strictly regulated trading platforms.
Trading Products:
Capital Street FX claims to offer up to 1000 trading instruments, including forex, CFDs, futures, and ETFs. Users can trade various assets such as currencies, commodities, stocks, bonds, and indices. Capital Street FX uses an instant STP (Straight Through Processing) execution model, ensuring fast trade execution within 0.1 seconds on the chart.
Trading Platform:
Capital Street FX's trading platform is self-developed and available in desktop, web, and mobile versions. While the proprietary platform offers convenience and a personalized trading experience, it lacks the support of an established entity, potentially posing some security risks. In contrast, third-party platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) have a wider user base and more reliable security. Thus, for investors seeking a more stable and secure trading environment, using MT4 or MT5 might be a wiser choice.
Account Types:
The broker offers various types of trading accounts, including Basic, Classic, Professional, and VIP accounts, to cater to different investors' needs and preferences. These account types cover different minimum deposit amounts, spreads, leverage, and maximum order numbers.
The Basic account requires a minimum deposit of $100. This account type has a leverage of 2500:1, providing high flexibility for traders. The spreads can be either fixed or variable, starting from 2.5 pips. The Basic account allows up to 300 simultaneous orders, enabling diverse trading activities.
The Classic account requires a minimum deposit of $200. Compared to the Basic account, the Classic account has a leverage of 3000:1, with spreads starting from 2.0 pips, either fixed or variable. Up to 300 simultaneous orders can be executed, offering more trading opportunities and flexibility for traders.
The Professional account requires a minimum deposit of $1,000. This account features higher leverage of 3500:1, with spreads starting from 1.5 pips, either fixed or variable. Up to 300 simultaneous orders can be executed, suitable for traders seeking more trading opportunities and lower spreads.
The VIP account requires a minimum deposit of $10,000. VIP accounts enjoy special treatment, including lower spreads (starting from 0.1 pips), higher leverage (adjustable upon request), and more orders (up to 400 simultaneous orders).
Spreads and Leverage:
The spread is the difference between the buying and selling prices. The Basic account spreads start from 2.5 pips, while Classic, Professional, and VIP account spreads are 2.0 pips, 1.5 pips, and 0.1 pips respectively. The spreads decrease with the account type.
Leverage is the ratio of borrowed funds to own funds. The Basic account offers leverage of 2500:1, the Classic account increases to 3000:1, and the Professional account goes up to 3500:1, while the VIP account can leverage 100:1 or higher.
Deposit and Withdrawal Methods:
Capital Street FX offers various deposit and withdrawal options. Traders can use Visa, Mastercard, Advcash, Perfect Money, Payeer, bank wire transfers, or local deposits. Additionally, the broker supports cryptocurrency payments, including Bitcoin, Tether, Ethereum, etc. The minimum initial deposit requirement is $100, but the specific minimum withdrawal amount is not mentioned.
Customer Support:
Capital Street FX provides multiple customer support channels, including telephone and email support. Users can contact the customer service team by calling +1 (949) 391 1002 or emailing support@capitalstreetfx.com. Additionally, real-time chat or online message features are available for instant communication with the support team. Users can also follow Capital Street FX on social networks such as Twitter, Facebook, Instagram, YouTube, Telegram, Skype, WhatsApp, and LinkedIn for the latest market information and service updates.
Company Address: Capital Street Intermarkets Limited 44 | St Georges Street | Port Louis | Mauritius
Conclusion:
Capital Street FX is a broker offering various financial product trading services, including Capital Street Bancclear Corporation and Capital Street Intermarkets Limited. However, there is no record of Capital Street Intermarkets Limited registered in Mauritius. The broker claims to provide globally regulated services, but search results indicate no valid regulation. Its proprietary trading platform offers various instruments and account types, with spreads and leverage varying by account type. However, clients can choose to use third-party platforms like MetaTrader 4 or MetaTrader 5 for broader user support and better reliability. The deposit and withdrawal methods are diverse, with traditional payment methods and cryptocurrency payments available, and the minimum initial deposit is $100, although the specific withdrawal amount is not specified.
Currently, Capital Street FX is marked as "suspected fraud" on TraderKnows.
