First Capital

According to WikiFX data, the broker First Capital, also known as First Capital Securities Limited, is not considered safe or reliable. The platform operates without any formal regulatory oversight, which is a foundational requirement for investor protection. WikiFX assigns it an overall score of 1.57, reflecting severe concerns across critical safety metrics, including a regulatory index score of 0.0. The assessment indicates it functions as an unregulated offshore entity, presenting substantial risks for client funds and fair trading practices.

No. First Capital is not regulated by any recognized financial authority. WikiFX assessment confirms its regulatory status as 'No Regulation' with a regulatory index score of 0.0. The broker operates from Bangladesh without holding valid licenses from major regulators such as the FCA, ASIC, or CySEC. Trading with an unregulated entity means clients lack access to formal dispute resolution mechanisms, investor compensation schemes, and the safeguards enforced by regulatory bodies.

The minimum deposit requirement for First Capital is not publicly disclosed. This lack of transparency regarding a fundamental account parameter makes it difficult for potential clients to assess the initial capital commitment required to begin trading.

WikiFX data indicates that First Capital offers basic trading software, scoring 4.0 in this category. However, specific information on whether it supports industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) is not publicly available. The absence of clear platform details is a notable gap for traders who rely on specific tools, charts, and automated trading capabilities.