Make Capital Information
Founded in 2010 and registered in the Cayman Islands, Make Capital is a financial services company that is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Services Conduct Authority (FSCA) of South Africa. The company offers a variety of trading assets, including forex, indices, metals, commodities, cryptocurrencies, and stocks, supports MT4 and MT5 trading platforms, and offers five account types (ECN, STD, PLUS, CENT, and Swap-Free) to meet the needs of different traders. The minimum deposit is only $20, and the leverage ratio is flexible (up to 1:2000). However, the company does not provide services to some countries and regions.
Pros & Cons
Is Make Capital Legit?
Make Capital is regulated in both Australia and South Africa:
In Australia, MAKE CAPITAL PTY LTD is regulated by the Australian Securities and Investments Commission (ASIC) as a designated representative (AR), with license number 001307785;
In South Africa, MAKE CAPITAL MARKET (PTY) LTD is regulated by the Financial Sector Conduct Authority (FSCA) and holds a financial services license, with license number 53179.
What Can I Trade on Make Capital?
Make Capital offers a variety of trading assets, including Forex, Indices, Metals, Commodities, Cryptocurrencies, and Stocks.
Account Types
Make Capital offers five types of live accounts: ECN Account, STD Account, PLUS Account, CENT Account, and Swap-Free Account.
Leverage
Make Capital offers dynamic leverage for forex and gold from 1:100 to 1:2000 for greater market exposure with less capital. High leverage brings high returns but also high risks, so traders should be careful when trading.
Make Capital provides fixed leverage for different asset classes, with a leverage of 100:1 for silver and energy, commodities, and 20:1 for cryptocurrencies, to ensure stable margin requirements and reduce the risk of unexpected margin calls.
Fees
Spreads: ECN accounts have the lowest spreads (0.0 pips), STD and PLUS accounts have spreads of 1.0 pips and 1.9 pips, respectively, and CENT and Swap-Free accounts have unspecified spreads.
Commissions: ECN accounts charge $5 per lot, with zero commissions on all other accounts.
Swap Fee: There is no swap fee for Swap-Free accounts; other accounts may charge swap fees, the specific rate needs to be further confirmed.
Minimum Deposit: The minimum deposit for all accounts is $20 USD, and the threshold is consistent and low.
Trading Platform
Make Capital supports both MT5 and MT4 trading platforms and is suitable for traders of different experience levels: MT5 is for experienced traders, while MT4 is more suitable for newbies. Both platforms are available on desktop, mobile, and web.
Deposit and Withdrawal
The payment options, fees, and the processing time are not clear, and only the deposit and withdrawal steps are revealed on the official website.
The withdrawal process is simple and quick; just click the 'Withdraw' button, enter the amount you wish to withdraw, and submit your request.
After the request is submitted, the finance team will process the withdrawal within 1-3 business days and send a confirmation email. Customers can check their withdrawal records in the background at any time to understand the application status; if the application has not yet been processed, they can also cancel the request.
Cayman Islands
FX3315820789
Hong Kong
I applied for a withdrawal on August 15th, and customer service said it would take 30 business days. After waiting for 30 business days, I contacted them every day, but they kept saying it was under review. I don’t even know what they’re reviewing—when clients make profits, they get reviewed, but when they lose money, no review happens. When my account was liquidated, why didn’t you review and refund me? I suspect they’re waiting for more clients to deposit before running away with the funds. Be careful, this platform is about to scam everyone.
Exposure
FX3315820789
Hong Kong
Make Capital is unable to process withdrawals, everyone be careful. I applied for a withdrawal over a month ago, and it still hasn't been processed. Contacting customer service only leads to various delays—first they said it would take 20-30 days, then 20-30 working days. When the time came, they claimed they were still reviewing it. I suspect the platform is about to exit scam. Everyone, be cautious. Whether you're planning to deposit or are already trading, stop cooperating with this platform as soon as possible to avoid being scammed like me.
Exposure
FX2355234230
Hong Kong
The most significant losses ranged from 1000 to 2000 u, occurring multiple times. I believe I didn't engage in any illegal activities like scalping. If I was using a third-party app, the platform could detect and ban it immediately, not hours after my 8-hour trading session. The platform's reply to my email seemed contrived, articulating a rather uncertain viewpoint without pinpointing which transaction was illegal. Please clearly and accurately explain the issues, instead of using ambiguous language to make me concede and abandon my rightful profits. Please contact me promptly to address this. If you think I acted illegally, you can prosecute me for my unlawful conduct. Please review my transactions thoroughly and give me a fair response. Let's create a good trading environment.
Exposure
Rex Lee
Malaysia
Supports multiple trading tools, comprehensive indicators, flexible operation, suitable for different types of traders.
Positive
FX2563990896
Japan
After trying it out, I felt the spreads were narrower compared to other brokers. There was also less slippage and executions were smooth, allowing me to trade without stress. I didn't proceed to withdrawals though.
Positive
FX1468928144
Malaysia
Platform stable also easy to use
Positive
FX1374305169
Malaysia
Deposits and withdrawals are very fast, usually credited to the account in less than 1 minute.
Positive
夕月
Hong Kong
The current trading is still very good, the overall status from the 21st until today is still very good
Positive
Dung Le
United States
Execution speed is fast. platform is easy to navigate. but the trading condition is not clear...
Neutral
Valentin Yvk
Vietnam
Their mobile trader seems functional, but I haven't used it extensively. Can't say for sure if it's on par with some of the more advanced mobile trading platforms.
Neutral