BBcapitals is an emerging forex broker, with its domain registered on October 25, 2023. The platform is operated by Volet LLC, a limited liability company established under the laws of Saint Vincent and the Grenadines, with registration number 2563 LLC 2022. BBcapitals offers a wide range of financial derivative trading services, including stocks, indices, commodities, precious metals, and cryptocurrencies.
BBcapitals' Corporate Background and Regulatory Information:
BBcapitals (https://bbcapitals.com/en/) had its domain registered on October 25, 2023. The platform claims to be a registered service trademark operated by Volet LLC, a limited liability company from Saint Vincent and the Grenadines, with registration number 2563 LLC 2022, providing trading services for financial derivatives such as stocks, indices, commodities, precious metals, and cryptocurrencies.
Upon inquiry, the Saint Vincent FSA registration number 2563 LLC 2022 corresponds to Volet LLC, but the agency does not regulate financial derivatives brokers. Therefore, despite BBcapitals' claims of authorization, investors should remain cautious to avoid being misled by their marketing. When choosing a platform, ensure a full understanding of its regulatory status and legitimacy to secure your funds.
BBcapitals Account Registration Process:
- Visit the BBcapitals website and click the register button
- Fill out the application form
- Submit identity verification/My Number verification documents
- Deposit funds and start trading
BBcapitals Account Types:
BBcapitals offers five different types of trading accounts to cater to the needs of different investors:
CLASSIC Account:
- Minimum Deposit: 250€
- Spreads: from 1.7 pips
- Maximum Leverage: 1:33
ADVANCED Account:
- Minimum Deposit: 10,000€
- Spreads: from 1.4 pips
- Maximum Leverage: 1:100
PRO Account:
- Minimum Deposit: 25,000€
- Spreads: from 1 pip
- Maximum Leverage: 1:200
VIP Account:
- Minimum Deposit: 100,000€
- Spreads: from 0.7 pips
- Maximum Leverage: 1:400
ELITE Account:
- Minimum Deposit: 500,000€
- Spreads: from 0.5 pips
- Maximum Leverage: 1:500
These account types offer different spreads and leverage ratios to accommodate investors with varying levels of trading experience and financial capabilities.
BBcapitals Trading Software:
BBcapitals has not yet disclosed detailed information about its trading software.
BBcapitals Trading Products:
BBcapitals offers a diverse range of trading products to meet the various needs of investors:
CFD Currency Pairs:
- Offers over 140 CFD currency pairs.
- Trade the most popular currency pairs with the highest liquidity in the world and benefit from optimal execution at the desired price.
Stock CFDs:
- Invest in companies like Amazon, Tesla, Netflix, etc., and create your own portfolio with leverage from 1:33.
Stock Indices:
- Trade stock indices of major global economies such as the USA, UK, Japan, China, and the EU—all operations are completed on one platform.
Commodities:
- Trade popular and widely used raw materials in the global economy.
- Trade BRENT and WTI crude oil on the platform.
Metals:
- Trade major precious metals including gold, silver, platinum, palladium, etc.
Cryptocurrencies:
- Trade the most demanded assets, enjoy optimal spreads, and rapid order execution.
These rich trading products offer multiple options for investors to execute diverse investment strategies and achieve their goals.
What are BBcapitals' Spreads, Leverage, and Commissions?
BBcapitals provides five different types of trading accounts to cater to different investor requirements. These account types include CLASSIC Account (minimum deposit 250€, spreads from 1.7 pips, maximum leverage 1:33), ADVANCED Account (minimum deposit 10,000€, spreads from 1.4 pips, maximum leverage 1:100), PRO Account (minimum deposit 25,000€, spreads from 1 pip, maximum leverage 1:200), VIP Account (minimum deposit 100,000€, spreads from 0.7 pips, maximum leverage 1:400), and ELITE Account (minimum deposit 500,000€, spreads from 0.5 pips, maximum leverage 1:500). All accounts enjoy zero commissions, adopting a 100% STP/ECN model, and can trade over 250 financial instruments. These varied account types offer different spreads and leverage ratios to meet the diverse trading experiences and financial capabilities of investors.
What are BBcapitals' Deposit and Withdrawal Methods?
BBcapitals has not specifically outlined its deposit and withdrawal methods on its official website. Typically, traders might use various common payment methods for deposits and withdrawals, including bank transfers, credit cards, and e-wallets.
BBcapitals Customer Support:
Email: [email protected]
Conclusion:
BBcapitals platform is not regulated by the Saint Vincent FSA for its financial derivatives brokerage business, raising concerns about its legitimacy and reliability. Additionally, the platform has not disclosed detailed information about its deposit and withdrawal methods and trading software, increasing doubts about its services and technical support. Therefore, BBcapitals is marked as "Non-Regulation" on TraderKnows.
