capital-hall-review

Regulators: –

Cryptocurrencies: NO

Minimum Deposit: $250

Maximum Leverage: 1:300

Spreads: Medium

My Score: 2.0

Today I am going to tell you about Capital Hall. Capital Hall is an offshore forex and CFD broker. The broker established in 2016.

The website of the broker is owned by Capital Tech Ltd registration number 92819, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960.

The broker is operated by Pbox Ltd, registration number 204767374, Metropolitan Municipality, Iskar Region, R.A.Druzhba -1, Bl.77, en.A, fl.5, ap.8, Sofia, Bulgaria 1592.

After reading this Capital Hall review, you will have the answers to these questions: Is Capital Hall scam? What are the account types? Is Capital Hall regulated?  What are the spreads, minimum deposit and maximum leverage?

Let’s start with the most crucial thing about the broker, its regulation.

Regulation of Capital Hall

As I said above, the companies behind the brokers are Capital Tech Ltd and Pbox Ltd. Both companies are not regulated by a regulator and they do not have any license to provide financial services.

Also, the broker blacklisted by several financial regulators, it is most likely a scam. It is so risky to trade with an unregulated broker. You may lose your money to scammers.

The Austrian Financial Market Authority (FMA) has warned the public against unregulated Capital Tech Ltd operating via www.pbntrade.com and www.pbninvest.com. The Malta Financial Services Authority has also blacklisted the company, offering its services through the website www.pbncapital.com.

capital hall regulaiton

On the other hand, there are many brokers who regulated by reputable watchdogs such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).

These brokers must follow strict rules that the regulators require. For example, they file regular reports, keep all clients funds in a segregated account, to provide negative balance protection, to maintain a certain level of operating capital and in some cases even to ensure trader’s money.

FCA regulated brokers must hold at least £730 000 minimum net capital to prove their financial stability. ASIC regulated brokers must hold at least $1M minimum net capital.

Account Types and Spreads

If you are a client of Capital Hall, you have a choice of four account types. All is commission-free and have variable spreads.

These account types are Basic, Advanced, Pro, and Expert. The Basic account has 250 USD minimum deposit, spreads are from 2.8 pips.

Advanced account type requires 2 000 USD minimum deposit and spreads are from 2.5 pips. Minimum trade size is 0.01.

Pro account has 10 000 USD minimum deposit and spreads are from 1.5 pips. The maximum leverage is 1:300.

The last one is Expert, the minimum deposit is 50 000 USD for this account type and it is quite high. Spreads are from 0.1 pips.

The broker is one of the brokers who offer quite high leverage ratios, reaching 1:300. But the high leverage can be a risky choice. I advise you to learn how to use the high leverage otherwise you may lose your all money.

Trading Platforms

The broker offers the most popular trading platform among the traders and brokers MetaTrader 4. I think this is the only advantage of Capital Hall.

The MT4 is still the most popular platform although the new version is released of MT5. The MT4 has many features such as user-friendly interface, advanced chart tools, a wide range of technical analysis, easy-to-use and more.

Trading Instruments

Capital Hall offers various currency pairs for trading on financial markets. There are about 50 currencies available on the platform, allowing market participants to trade in any convenient way.

You can also trade with indices, precious metals such as gold, silver, and energy resources.

Payment Methods

Capital Hall offers a wide range of payment methods, including some popular e-wallets like QIWI Wallet, Yandex, OK Pay, iDeal, PostPay and SOFORT. They accept also VISA and MasterCard, as well as bank wire transfers.

Conclusion

Capital Hall is an offshore forex broker and blacklisted by several regulators. You should be away from this kind of brokers. If you don’t want to lose your investments to scammers you should find a reliable broker.

Note that I’m here to warn you against scammers. If you didn’t find a reliable broker, it means you didn’t look at my top forex brokers list.

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Capital Hall

2

Trust

0.0/10

Commissions and fees

1.0/10

Customer Service

2.0/10

Platform & Tools

3.0/10

Product Portfolio

4.0/10

Pros

  • MT4 supported

Cons

  • Unregulated broker probably scam
  • Blacklisted by several regulators
  • High spreads