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Capital88

Marshall Islands|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.capital88.com/en

Website

Rating Index

Contact

+442038075460
support@capital88.com
https://www.capital88.com/en

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+442038075460

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Broker Information

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Company Name

Capital88 Ltd

Abbreviation

Capital88

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Capital88 · WikiFX Survey

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Capital88 · Company Summary

Note: Regrettably, the official website of Capital88, namely https://www.capital88.com/en, is currently experiencing functionality issues.

Capital88 Review Summary
Founded 5-10 years
Registered Country/Region Marshall Islands
Regulation Unregulated
Market Instruments Currency pairs and CFDs on commodities, indices and stock
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms Web-based platform
Minimum Deposit $250
Customer Support Phone and email

What is Capital88?

Capital88 offers a web-based trading platform that caters to its clients, providing them with access to a range of trading instruments spanning various asset classes. It is important to note that Capital88 operates without regulation. Additionally, the inaccessibility of their official website further raises doubts about the reliability and trustworthiness of their trading platform.

Capital88

We would like to extend an invitation to read our upcoming article, where we will conduct a thorough evaluation of the broker from multiple perspectives and present the information in an organized and concise manner. By the conclusion of the article, we will provide a brief summary, offering you a comprehensive insight into the key traits of the broker.

Pros & Cons

Pros Cons
  • A range of trading instruments
  • Not regulated
  • Inaccessible website
  • Not MT4 supported

Pros of Capital88:

- Range of Trading Instruments: Capital88 offers a variety of trading instruments across different asset classes. This can provide investors with a diverse range of options and opportunities to potentially profit from various market conditions.

Cons of Capital88:

- Lack of Regulation: One major drawback of Capital88 is that it operates without regulation. This means that there is no oversight or regulatory authority monitoring their activities. As a result, investors may face higher risks, as there are no guarantees of investor protection or fair practices.

- Inaccessible Website: The fact that the official website of Capital88 is inaccessible raises concerns about the reliability and trustworthiness of the platform. It may indicate issues with stability or potential technical problems, which can be a significant drawback for investors who need reliable access to their trading accounts and information.

- Not MT4 Supported: Another disadvantage of Capital88 is that it does not support the widely popular MetaTrader 4 (MT4) platform. MT4 is known for its advanced features, user-friendly interface, and vast community support. The absence of MT4 compatibility may limit the choices and convenience for traders who are familiar with and rely on this platform.

Is Capital88 Safe or Scam?

Capital88 operates without any regulatory oversight, which increases the level of risk associated with investing in their platform. Additionally, the unavailability of their official website raises doubts about the dependability of their trading services. Before making any investment decision with Capital88, it is essential to conduct extensive research and evaluate the potential risks and rewards carefully. Generally, it is recommended to choose brokers that are regulated to ensure the security of your funds.

No license

Market Instruments

Capital88 offers a diverse range of trading instruments across various asset classes.- Currency Pairs: Capital88 provides access to a broad selection of major, minor, and exotic currency pairs. Traders can speculate on the exchange rate fluctuations between different currencies.

- CFDs on Commodities: Traders can invest in contracts for difference (CFDs) on commodities like gold, silver, oil, natural gas, and agricultural products. CFDs allow investors to speculate on the price movements of these commodities without owning the underlying assets.

- Indices: Capital88 offers CFDs on major global stock market indices, including the S&P 500, Dow Jones, NASDAQ, FTSE 100, DAX, and more. Traders can focus on index trading and take advantage of the overall performance of a specific market or industry.

- Stocks: Capital88 allows traders to invest in CFDs on individual stocks from various global exchanges. This enables investors to trade CFDs on popular stocks like Apple, Google, Amazon, Facebook, and many others, without the need to own the underlying shares.

Account Types

Capital88 distinguishes itself in the forex market by offering a comprehensive range of live account types, each tailored to cater to various trading necessities and investment capacities.

Account type Min. deposit
Basic Account $250
Bronze Account $2000
Silver Account $4000
Gold Account $10,000
Platinum Account $25,000
Black Account n/a

Ranging from the Basic account, perfect for individuals testing the forex waters with a modest initial deposit of $250, to accounts like Bronze, Silver, Gold, and Platinum, which have escalated minimum deposit requirements of $2,000, $4,000, $10,000 and $25,000 respectively. These accounts provide a progressive platform for traders with different experience levels and financial goals.

There is also the exclusive Black account, reserved for elite traders with undisclosed deposit requirements, showcasing Capital88's commitment to offer flexible trading environments. However, every potential trader should take into account their personal financial situation, goals, and risk tolerance before deciding on an account type.

Trading Platform

Capital88 offers a web-based trading platform for its clients. The platform has a simple and intuitive interface that makes it easy for users to navigate and trade. However, the platform does not have the looks and functionalities of more advanced trading platforms offered by other brokers.

web-based trading platform

Deposits & Withdrawals

Capital88 provides its clients with a range of deposit and withdrawal options to facilitate financial transactions on their trading platform. Clients can fund their trading account using VISA and MasterCard, bank wire transfer, and a selection of e-wallets which includes Neteller, Giropay, Sofort Banking, and Paysafecard.

The processing time for withdrawals can vary depending on the chosen method. Bank wire transfers typically take longer, up to five business days, while e-wallet withdrawals are usually processed within a few hours. It is advisable for clients to familiarize themselves with the processing times associated with their preferred withdrawal method.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +442038075460

Email: support@capital88.com

Conclusion

In conclusion, Capital88 is a web-based trading platform that offers a variety of trading instruments across different asset classes. However, it is crucial to consider that Capital88 operates without regulation, which poses potential risks for investors. The lack of oversight and the inaccessibility of their official website further raise concerns about the reliability and trustworthiness of their trading platform. Therefore, individuals should carefully assess the risks associated with investing in Capital88 before making any financial decisions.

Frequently Asked Questions (FAQs)

Q 1: Is Capital88 regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Capital88?
A 2: You can contact via Telephone: +442038075460 and email: support@capital88.com.
Q 3: Does Capital88 offer the industry leading MT4 & MT5?
A 3: No. Instead, it offers web-based platform.
Q 4: What is the minimum deposit for Capital88?
A 4: The minimum initial deposit to open an account is $250.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

News

WikiFX Review: Is Capital88 reliable?

ExposureWikiFX Review: Is Capital88 reliable?

2022-12-19 17:46

Capital 88 is an online forex broker that caught our attention recently as it may endanger your assets. In this article, we will show you what Capital88 looks like

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2022-12-19 17:46
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WikiFX Review: Is Capital88 reliable?

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