Overview
Fiscal Capital LTD, based in Saint Lucia, offers multiple trading account types like Standard, Elite, and Pro, catering to a diverse range of traders. With leverage of up to 1:400, it provides potential profit amplification but comes with increased risk. The platform grants access through Webtrader, Windows, Android, and iOS, enabling trading flexibility across forex, indices, commodities, stocks, and CFDs. However, it's crucial to note that Fiscal Capital operates outside regulatory oversight, which may impact investor protection. Information on payment methods and educational tools is not provided, and traders should independently assess customer support responsiveness. Exercise caution and conduct thorough research when considering this platform.
Regulation
Fiscal Capital operates outside the regulatory framework governing brokers. As such, it may not adhere to the same industry standards and safeguards that regulated brokers are required to follow. Investors should exercise caution when dealing with Fiscal Capital and conduct thorough research before engaging in any financial transactions through this entity. It's essential to choose a regulated and reputable broker to ensure the security and transparency of your investments.
Pros and Cons
In summary, Fiscal Capital offers a variety of market instruments and account types, along with high leverage and multi-platform access. However, it operates outside of regulatory oversight, lacks specified educational resources, and has unclear commission details for the Pro Plan. Traders should carefully consider these pros and cons when evaluating Fiscal Capital as a trading platform.
Market Instruments
Fiscal Capital provides access to a comprehensive selection of market instruments, allowing traders to diversify their portfolios and engage in various financial markets. Here's a breakdown of the market instruments offered by Fiscal Capital:
Global FX (Foreign Exchange): Fiscal Capital offers a wide range of currency pairs, including major, minor, and exotic pairs, enabling traders to participate in the dynamic forex market. Popular currency pairs such as EUR/USD, GBP/JPY, and USD/JPY are available for trading.
Indices: Traders can speculate on the performance of global stock indices through Fiscal Capital's platform. This includes indices like the S&P 500, NASDAQ, Dow Jones, FTSE 100, and more, allowing investors to take positions on the overall market sentiment.
Commodities: Fiscal Capital enables traders to trade Contracts for Difference (CFDs) on commodities such as Oil and Gold. This allows for exposure to the price movements of these valuable assets without the need for physical ownership.
Stocks: Fiscal Capital provides access to a diverse range of stocks from various international exchanges. Traders can invest in shares of publicly listed companies, including those on major stock markets like NYSE, NASDAQ, and other global exchanges.
CFDs (Contracts for Difference): In addition to commodities and stocks, Fiscal Capital offers CFD trading on a variety of assets, including cryptocurrencies, bonds, and interest rates. This flexibility allows traders to explore different financial instruments within a single platform.
Fiscal Capital's platform is designed to offer traders a customizable and user-friendly experience, with tools and resources for technical analysis, risk management, and strategy development. By providing access to these market instruments, Fiscal Capital aims to cater to the diverse trading preferences and strategies of its clients. However, it's important for traders to conduct thorough research and risk assessments before engaging in any trading activities.
Account Types
Fiscal Capital offers a variety of trading account types, each tailored to meet the specific needs and preferences of traders. The Standard Plan is an option for those seeking a balanced approach to trading. With a leverage of 1:100 and spreads starting from 1.8 pips, it provides a standard trading experience. While it doesn't offer a swap-free option or commission-based trading, it operates on the popular MetaTrader 5 platform and requires a minimum deposit of $1000. Additionally, traders in this plan benefit from 24/7 customer support, ensuring assistance is readily available whenever needed.
For traders with more experience or larger capital, the Elite Plan offers enhanced trading conditions. This plan provides a higher leverage of 1:200 and tighter spreads starting from 1.4 pips. While it doesn't feature swap-free accounts or commissions, it operates on MetaTrader 5 and demands a minimum deposit of $15,000. What sets the Elite Plan apart is the inclusion of a dedicated Relationship Manager who can offer personalized support and guidance, making it an attractive choice for seasoned traders.
The Pro Plan is designed for advanced and high-volume traders who require maximum flexibility. It offers the highest leverage at 1:400 and likely features variable spreads, including raw spreads. Unlike the other plans, the Pro Plan involves a commission fee. It operates on the MetaTrader 5 platform, requires a substantial minimum deposit of $50,000, and provides 24/7 customer support. This plan is well-suited for traders who are comfortable with the highest minimum deposit and are looking for the utmost trading freedom.
Leverage
Fiscal Capital offers a maximum trading leverage of 1:400 to its traders. Leverage in trading is a tool that allows traders to control a larger position size with a relatively smaller amount of capital. In the case of a 1:400 leverage, for every $1 of your own capital, you can control a trading position worth up to $400.
While high leverage can amplify potential profits, it also significantly increases the level of risk. Traders should exercise caution when using high leverage, as it can lead to substantial losses if the market moves against their positions. It's crucial to have a solid risk management strategy in place, including stop-loss orders and proper position sizing, when trading with such high leverage to mitigate potential losses and protect your trading capital.
Spreads and Commissions
Standard Plan:
Elite Plan:
Pro Plan:
In summary, the Standard and Elite Plans offer spreads starting from 1.8 pips and 1.4 pips, respectively, with no commission charges. The Pro Plan likely features variable spreads (raw spreads) and does involve a commission fee, although the exact commission rate is not provided. Traders should consider these factors when selecting the most suitable account type for their trading preferences and objectives.
Deposit & Withdrawal
Fiscal Capital's claims of “easy deposits” and “fastest deposit methods” should be approached with caution. The actual convenience and speed of deposits may vary, and it's crucial to examine the available deposit options, associated fees, and processing times.
While Fiscal Capital emphasizes its 128-bit security protocols, this should be considered a standard practice rather than a unique selling point in the financial industry.
The promise of “fast withdrawal” should also be scrutinized, as hidden fees, withdrawal limits, and processing delays can impact a trader's ability to access their funds promptly.
Additionally, the offer of a “bonus on deposit” may have stringent terms and conditions that restrict a trader's access to their own funds until specific trading volume requirements are met.
In summary, traders should conduct thorough research and carefully review the terms and conditions associated with Fiscal Capital's deposit and withdrawal services to determine if they align with their trading needs and expectations.
Trading Platforms
Fiscal Capital offers a versatile trading platform accessible through Webtrader for web-based trading, Windows for desktop users, and mobile apps for both Android and iOS devices. This multi-platform approach allows traders to access the financial markets from various devices, offering flexibility and convenience. The platform provides access to a wide range of trading instruments, real-time market data, technical analysis tools, and customizable features. With its user-friendly interface and cross-device compatibility, Fiscal Capital's trading platform aims to cater to traders of all levels, from beginners to experienced professionals, seeking to make informed trading decisions anytime and anywhere.
Customer Support
Fiscal Capital provides customer support through email at support@fiscalmarkets.com and a landline contact number at +912613101519. They have both registered and operational addresses listed. Their registered address is Ground Floor, The Sotheby Building, Rodney Bay, Gros Islet, P.O. Box 838, Saint Lucia. Meanwhile, their operational address is Office no 315, Divya Mall, Amroli Moje Village: Kosad, Surat, India. While these contact details are provided, it's important for traders to independently verify the responsiveness and effectiveness of Fiscal Capital's customer support to ensure their specific needs are adequately addressed.
Summary
Fiscal Capital operates as a broker outside of regulatory oversight, which implies that it may not adhere to the same industry standards and protections as regulated brokers. Traders should exercise caution and conduct thorough research before engaging with Fiscal Capital for financial transactions. The platform offers a wide array of market instruments, including global forex, indices, commodities, stocks, and CFDs, aiming to cater to diverse trading preferences. Fiscal Capital provides multiple account types with varying leverage, spreads, and support options. However, it's important to carefully consider the specific terms associated with each account type. The platform offers a maximum trading leverage of 1:400 but advises caution due to the increased risk associated with high leverage. While Fiscal Capital emphasizes easy deposits and fast withdrawals, traders should scrutinize the actual terms and conditions regarding these services. Customer support is available through email and a landline number, with registered and operational addresses provided. Notably, there is no mention of educational resources offered by Fiscal Capital, so traders seeking educational support may need to explore external options for enhancing their trading knowledge and skills.
FAQs
Q1: Is Fiscal Capital regulated as a broker？
A1: No, Fiscal Capital operates outside the regulatory framework governing brokers, which means it may not adhere to the same industry standards and safeguards as regulated brokers.
Q2: What market instruments can I trade with Fiscal Capital？
A2: Fiscal Capital provides access to various market instruments, including global forex, indices, commodities like Oil and Gold, stocks from international exchanges, and CFDs on assets like cryptocurrencies and bonds.
Q3: What are the different account types offered by Fiscal Capital？
A3: Fiscal Capital offers three account types: Standard, Elite, and Pro. Each has its own unique features, including varying leverage, spreads, and support options, catering to traders with different preferences and capital sizes.
Q4: What is the maximum trading leverage available with Fiscal Capital？
A4: Fiscal Capital offers a maximum trading leverage of 1:400, allowing traders to control larger positions with a relatively smaller amount of capital. However, it's important to be cautious when using high leverage due to increased risk.
Q5: Does Fiscal Capital provide educational resources for traders？
A5: The provided information does not mention any specific educational resources offered by Fiscal Capital. Traders seeking educational support may need to explore external sources to enhance their trading knowledge and skills.
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