Opinions and information about the broker WAM-Capital
¿It is the really reliable broker WAM-Capital (aka wam-capital.co)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
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✔️ The WAM-Capital broker is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: Gabioni Ltd.
✔️ WAM-Capital is based on: they claim to be located in Australia, but in reality it is not registered there, this information is false.
✔️ If we talk about regulation, the broker WAM-Capital mentions being ASIC regulated, but once again, that's not true.
We will continue to analyze the different account types that WAM-Capital offers. In the case of WAM-Capital, we note that it has 4 different plans or types of account: Micro Account, Standard Account, Premium Account and VIP Account.
🔹 Micro account- $ / € 250 minimum initial deposit, 1 pip spread, fifth decimal place, leverage up to 1: 500, minimum trade size 0.01 lots, maximum trade 40 lots, call / stop margin level 40% / 10%.
🔹 Standard Account- $ / € 2.500 minimum initial deposit, 1 pip spread, fifth decimal place, leverage up to 1: 300, minimum trade size 0.01 lots, maximum trade 60 lots, call / stop margin level 50% / 20%.
🔹 Premium Account: minimum initial deposit of $ / € 25.000, spread of 1 pip, fifth decimal place, leverage up to 1: 100, minimum trade size 0.1 lots, maximum trade 60 lots, telephone trade, call / stop margin level 50% / 20 %, $ 6 / € 5 commission per standard round turn lot, fund management available.
🔹 VIP account: minimum initial deposit of $ / € 100.000, spread of 1 pip, fifth decimal place, leverage up to 1: 100, minimum trade size 0.1 lots, maximum trade 80 lots, telephone trade, call / stop margin level 50% / 20 %, $ 6 / € 5 commission per standard round turn lot, fund management available.
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🔸 The platform used to operate is: own platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that WAM-Capital offers, explanation of basic concepts of the world of investments, some live charts, really not much else.
Characteristics of WAM-Capital
Additional information about the company
🔸 Phone number: does not have.
🔸 E-mail: [email protected]
🔸 Website: wam-capital.co
🔸Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
Valuation of WAM-Capital
With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
Why? It is a broker that does not have a registration and is not regulated by any authority, therefore we do not know where it is truly located, in addition, when looking for information and other evaluations about WAM-Capital we found a large number of negative reviews.
February 2021 update: CNMV, Spanish financial regulator, has reported to WAM-Capital due to fraudulent activities.
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