Score
Provident Capital
United Kingdom|2-5 years| https://providentcapitaluk.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
Other ways of contact
Broker Information
More
Provident Capital Limited
Provident Capital
United Kingdom
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $3000 |
| Minimum Spread | 0.8 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | $2 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $100 |
| Minimum Spread | 1.5 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $10000 |
| Minimum Spread | 0.1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | $4 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
Users who viewed Provident Capital also viewed..
XM
VT Markets
CPT Markets
Vantage
Provident Capital · Company Summary
Note: Since Provident Capitals official site (https://providentcapitaluk.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Provident Capital, a trading name of Provident Capital Limited, is allegedly a UK-based multi-asset brokerage company offering forex and CFD investment services. It was founded in 2017 and claims to provide its clients with leverage up to 1:500, variable spreads from 0.1 pips on various tradable assets, as well as a choice of three different account types.
Market Instruments
Provident Capital advertises that it is a multi-asset platform with a variety of trading instruments in financial markets, including cryptocurrency indexes, forex, stocks and commodities.
Account Types
There are three live trading accounts offered by Provident Capital, namely Normal, VIP and Premium. Opening a Normal account requires the minimum initial deposit amount of $100, while the other two account types with the much higher minimum initial capital requirements of $3,000 and $10,000 respectively. The minimum position is $2 on the Normal account and $4 on the Premium account.
Leverage
The maximum leverage ratio provided by Provident Capital is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads
Spreads are influenced by what type of accounts traders are holding. Provident Capital reveals that the spread on the Normal account starts from 1.5 pips, the clients on the VIP account can experience spreads from 0.8 pips, while the Premium account can enjoy the lowest spreads from 0.1 pips.
Customer Support
Provident Capital‘s headquarters: 37th Floor 1, Canada Square, London, E14 5AB, United Kingdom. However, we didn’t find other more direct contact information like telephone numbers, email or the company address that most brokers offer.
Review 2
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now