Pride Capital Information
Pride Capital Is A Non-regulated Brokerage Company Registered In The United Kingdom. The Company Offers A Variety Of Investment Options Through Its Popular MT5 Platform. Pride Capital Offers Seven Live Trading Accounts And Multiple Customer Support Options. However, These Accounts Charge Higher Fees At Lower Tiers. While There Is Limited Information On Trading Fees For Stocks, Commodities, Indices, Bonds And Cryptocurrencies, This Is Another Drawback.
Advantages And Disadvantages
Advantages
Wide Range Of Investment Options
Multiple Account Types
Popular MT5 Platform
Responsive Customer Support
Disadvantages
No Valid Regulatory Credentials
Limited Information On Trading Fees For Stocks, Commodities, Indices, Bonds, And Cryptocurrencies
Relatively High Trading Fees For Standard Accounts
Is Pride Capital Legal?
Pride Capital Operates Under The Supervision Of Any Recognized Financial Institution Group. Trading With A Non-regulated Broker Like Pride Capital Carries Significant Risks And Investors Should Be Aware Of The Potential Consequences Before Depositing Their Funds.
What Can I Trade On Pride Capital?
When Choosing An Online Broker, It Is Important To Consider A Comprehensive Investment Scope To Ensure That You Can Build A Portfolio That Meets Your Needs. Pride Capital Makes It Easier For Investors. Your Investment Options Include Forex, Stocks, Commodities, Indices, Bonds And Cryptocurrencies. If You Want To Trade ETFs Or Precious Metals, You Won't Find Them Here. But Overall, You Still Have Great Investment Options.
Account Types
Some Online Brokers Layer Their Accounts. These Tiers Can Determine The Features And Offers You Have, Or The Fees You Will Pay.
Pride Capital Has Different Account Tiers That Vary According To The Increasing Asset Size. If You Are Interested In Investing Here, You Can Open Standard, Classic, Professional, Premium, VIP, Original And ECN Accounts.
Account Size Does Matter When It Comes To Handling Fees. As The Investment Grows, Tighter Spreads Are Available. If You Invest At Least $10,000, You Will Receive A 0.0 Spread. Standard Accounts Have Much Higher Spreads, Starting At 2.0 Pips. But For Beginners, This May Be An Option, As The Minimum Deposit Amount Is Only $200.
Pride Capital Fees
Investment Handling Fees May Affect Your Returns, So Keeping Costs Low May Be A Priority. For Pride Capital, Handling Fees Depend On The Account Type. Spreads Increase Significantly As The Asset Size Shrinks.
Additionally, Most Accounts Offer Forex Commission-free Trading, With The Exception Of Original And ECN Accounts, Which Charge Commissions Of $5 And $7 Per Side Per Lot. Classic, Standard, And Professional Accounts Have Leverage Up To 1: Unlimited.
In General, These Accounts Charge Higher Fees At Lower Tiers. The Only Way To Reduce Fees Is To Invest More Money. As For Trading Fees For Stocks, Commodities, Indices, Bonds And Cryptocurrencies, There Is No Information Available On The Website.
Trading Platform
Pride Capital Offers The MT5 (MetaTrader 5) Trading Platform. You Can Use It On Multiple Devices, Including Windows, MAC, Android And IOS. It Is A Diversified Financial Trading Platform That Can Trade Forex Exchanges, Stocks And Futures. It Offers Automated Trading Systems And Excellent Tools For Various Price Analysis, Algorithmic Trading Applications And Copy Trading.
Customer Support Options
If You Have Any Questions, Help Is Always Available Via Live Chat, Phone (+ 44 7707 478628) Or Email (customersupport@pridecapitalfx.com).
Summary
Pride Capital Makes It Easier To Build A Diversified Portfolio With Its Wide Range Of Investment Options And User-friendly Platform. For High Net Worth Investors, Some Low-cost Account Types, Such As ECN And Raw, Can Be An Advantage. However, The Unregulated Status And Relatively High Base Fees Are Obvious Drawbacks. Remember To Consider Cost And Latent Risk Before Choosing A Broker.
Frequently Asked Questions
Is Pride Capital Safe?
Yes, Pride Capital Is Not Regulated By Any Reputable Financial Institution Group. Please Remember To Consider The Risks Involved Before Choosing A Broker.
Is Pride Capital Suitable For Beginners?
Not Suitable, Potential Investors Should Be Aware That The Company Does Not Have A Valid Regulatory Certificate
Does Pride Capital Offer Leveraged Trading? Yes, Pride Capital Offers Leveraged Trading Options Up To 1: Unlimited.
Risk Warning
Online Trading Involves Considerable Risks And Therefore May Not Be Suitable For Every Client. Please Ensure That You Fully Understand The Risks Involved And Note That The Information Provided Above Is Subject To Change Due To Updates To The Company's Services And Policies.
