In this section we will analyze the broker Normancapitalgroup (also called normancapitalgroup.com), is a Forex and CFD broker. Is Normancapitalgroup really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on Normancapitalgroup. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Normancapitalgroup LTD.
As to its location, The broker mentions having a base in: supposedly Australia, but they do not mention the regulation of that country, which they should have, which makes us think that they are not really based in Australia.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by Normancapitalgroup, we note that they offer 3 different types of account / plans: the Micro Account, the Silver Account and the Gold Account. We leave a picture with a little information about each type of account.
Micro account- $ 250 minimum initial deposit, up to 1: 500 leverage, phone trading, no commissions.
Silver Account- $ 1.000 minimum initial deposit, up to 1: 500 leverage, phone trading, no commissions.
Gold Account- Minimum initial deposit of $ 5.000, leverage up to 1: 300, phone trading, personal broker, no commissions.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Normancapitalgroup offers are: the Normancapitalgroup platform.
We will now analyze the different resources and aids for traders that Normancapitalgroup provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Normancapitalgroup provides the following aids or resources to traders or stakeholders: some live charts, really not much more than this.
| Other information about normancapitalgroup |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 61288800205
Email: [email protected]
>>> Assessment on normancapitalgroup <<
Ending with this section, in our opinion Do we believe that the Normancapitalgroup company is reliable? Should you invest your money with the company?
The truth is that, we believe it is better to be careful because: it is an unregulated broker, it is not clear where it is based, when looking for reviews normancapitalgroup We did not find any other review, we believe that it is a new broker, without a track record. We suggest using caution.
Medical Attention: in August 2020 CNMV added normancapitalgroup to your list of fraudulent financial companies, for acting without authorization.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.