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WAM-Capital - Forex Broker Profile

WAM-Capital

WAM-Capital

3.0

Regulated By:
WAM-Capital has no regulatory

Headquarters:
120 Collins St, Melbourne, VIC 3000, Australia

Promotion:

This broker is not providing any welcome bonus


Foundation Year:
2021

Min. Deposit:
$10

Min. Leverage:
1:2

Country:
Australia

Base Currencies:
USD, EUR
Minimum Spreads:
0.0 pips

Trading Platform:
WAM-Capital for desktop, smartphone, tablet, and WebTerminal

Web Trading:
Yes

Hedging Scalping:
Yes

News Trading:
Yes

Mobile Trading:
Yes

Swap Free Acc:
Yes

Acc Funding Methods:
Visa, MasterCard, Bank Transfers, Skrill, Neteller, dotpay, sofort, paysafecard, Barclays

Vip Accounts:
Yes

Mini Accounts:
Yes

Islamic Accounts:
No

Managed Accounts:
Yes

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Broker Details

WAM-Capital is an online trading broker that trades on Forex, Stock Indices, Bonds, and Precious Metals. This broker is based on its own trading platform named WAM-Capital. This has trading software for desktops and Smartphones. Besides having software, this broker is also available as a webtrader. 

WAM-Capital has both live and demo training accounts. There are four types of live trading accounts. All of these accounts have the base currency of USD and EUR. All these accounts are based on the Webtrader platform. All of these accounts are fifth decimal supported. The Micro account has the maximum Leverage at 1;500, the Standard account has 1:300, and the Premium account and the VIP account have the leverage of 1:100. The Micro account and the standard account don’t support mobile trading while the premium account and the VIP account support mobile trading or phone trading. There is no commission in the Micro account and the Standard account. But the commission charges on the Premium account and VIP account are $6/€5 per round turn standard lot. The Margin call on the Micro account is 40% and 50% on the Standard account, Premium account, and VIP accounts. The stop-out level on the Standard, Premium, and VIP accounts is at 10%. On the other hand, the stop-out level on the Micro account is 20%.

The Micro account is only available for Forex Trading. The standard account is available for Forex, Indices, and Commodities trading. The Premium account and the VIP account are for trading on Forex, Stocks, Indices, and Commodities. The fund management is not available on the Micro and Standard account. But, it is available on Premium, and VIP accounts. 

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