Entice Capital is a foreign exchange broker established in Saint Lucia on July 28, 2023, mainly offering financial trading services such as forex, stocks, commodities, indices, metals, and energy to investors. Its headquarters are located in Gurgaon, India. This broker does not provide services to jurisdictions where doing so would violate local laws or regulations, including but not limited to the United States, Cuba, Iraq, Myanmar, North Korea, and Sudan.
Company Registration Information and Regulatory Status:
Public information on the Entice Capital official website shows that its registered entity in Saint Lucia is Entice Capital Ltd, with the registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, registration number 2023-00348, and its office address located at Unit No-119, Vipul Business Park, Sohna Road, Gurgaon, Haryana, India, 122004. The broker's official website does not disclose any regulatory information.
Upon verification, the Saint Lucia International Business Company and International Trust Registry (ifc) have a listed entity named Entice Capital Ltd with the registration number 2023-00348. However, this entity is not found in the Financial Services Regulatory Authority (FSRA) of Saint Lucia, nor is it found by official financial regulatory authorities in other jurisdictions.
According to Whois information, the broker's official website domain was registered on April 8, 2022. Additionally, as of January 26, 2024, this broker has been established for less than a year.
Account Opening:
To open an account with Entice Capital: navigate to the broker's official website and click "SIGN UP" in the top right corner of the web page to reach the account registration interface. Submit your personal information as required. After submission, the broker will send a verification code to the mobile number provided. Once the code is entered, you can log in to your account. A full personal information verification must be completed to deposit and start trading activities.
Account Types:
Entice Capital provides four different types of real trading accounts for users: Classic Account, Pro Account, ECN Account, VIP Account.
Classic Account:
- Minimum initial deposit: $100
- Base currencies: Euro, US Dollar, Japanese Yen
- Spreads: Starting from 1.8 pips
- Maximum trading leverage: 1:500
- Minimum trading volume: 0.01 lots
- IB: $13
- Trading commission: $0
- Margin call level: 20%
Pro Account:
- Minimum initial deposit: $1000
- Base currencies: Euro, US Dollar, Japanese Yen
- Spreads: Starting from 1.4 pips
- Maximum trading leverage: 1:500
- Minimum trading volume: 0.01 lots
- IB: $8
- Trading commission: $0
- Margin call level: 20%
ECN Account:
- Minimum initial deposit: $2500
- Base currencies: Euro, US Dollar, Japanese Yen
- Spreads: Starting from 0.8 pips
- Maximum trading leverage: 1:200
- Minimum trading volume: 0.01 lots
- IB: $0
- Trading commission: $6
- Margin call level: 20%
VIP Account:
- Minimum initial deposit: $5000
- Base currencies: Euro, US Dollar, Japanese Yen
- Spreads: Starting from 0.8 pips
- Maximum trading leverage: 1:200
- Minimum trading volume: 0.01 lots
- IB: $4
- Trading commission: $10
- Margin call level: 20%
Trading Platform:
Entice Capital provides the MT5 trading platform, with servers provided by Entice Capital Ltd.
Deposits and Withdrawals:
Entice Capital supports deposits and withdrawals through crypto wallets.
Summary:
Traderknows reminds investors that Entice Capital is a forex broker without valid regulation. Traderknows advises investors to choose brokers with transparent information, strong regulation, and a good reputation for investment and trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected of fraud" on Traderknows.
