EDG Capital Web is a CFD broker website with a domain registered on May 23, 2024. It primarily offers trading services in financial derivatives such as forex, metals, cryptocurrencies, stocks, indices, and crude oil to retail and institutional clients. This broker does not provide services to jurisdictions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on the EDG Capital Web (edgcapitalweb.com) website shows that it uses the trading name "EDG CAPITAL." However, aside from this, the broker has not disclosed any company registration or regulatory information on its website. Furthermore, the only page available on its website is the homepage.
After investigation, no company registration or regulatory information regarding EDG Capital Web can be found. As of June 27, 2024, the website domain has been registered for less than two months.
Therefore, EDG Capital Web (edgcapitalweb.com) is essentially a fraudulent broker website with no corporate entity or regulatory oversight.
Range of Trading Products
- Forex
Trade 62 currency pairs with ultra-low spreads and fast execution.
- Metals
Speculate on the price movements of gold and silver against the USD to diversify your trading portfolio.
- Bitcoin
Offers major cryptocurrencies including BTC, ETH, BCH, ETC, and DASH.
- Stock Indices and Crude Oil
Access major international stock indices and crude oil without fees, re-quotes, or hidden mark-ups.
Account Opening Process
To open an account with EDG Capital Web: Go to the broker’s website, click on "OPEN REAL ACCOUNT" on the homepage or at the top right corner of the webpage to access the account registration page. Fill in your name, email address, and set a login password as required, then submit the application. After submission, the account will be successfully registered. You will need to complete identity verification after logging in to be able to deposit funds and trade.
Trading Account Information:
EDG Capital Web's website does not disclose information regarding spreads, trading leverage, account types, trading commissions, minimum/maximum trading volume, maximum positions/order volume, margin call/stop-out levels, minimum price precision, or contract size, among other trading account details.
Trading Platform:
EDG Capital Web provides a self-developed trading platform, but specific functionalities have not been explained on the website.
Deposits and Withdrawals:
EDG Capital Web does not clearly state the supported deposit and withdrawal methods, fees, or minimum deposit and withdrawal amounts on its website.
Conclusion:
Traderknows reminds investors that edgcapitalweb is a fraudulent broker website with unclear registration and regulatory information. The only way to contact them is through email, making their contact method very limited. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
