Encore Capitals Journal

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Encore Capitals Profile
Year
2020
Country
SVG
Branches
2
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, US
Broker type
MM
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Tier
3
Execution speed
300 ms
LPs total
...
LPs quality
...
LPs names
...

Encore Capitals Accounts
MM
Minimum Deposit
10 $
Leverage
3000 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.7 pips
Commission
0 $/lotRT
Volume
100 lots
Margin Call
100 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
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Is Encore Capitals safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Encore Capitals trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • Encore Capitals website: semi-detailed, updated ★★★
  • Encore Capitals popularity (by visitor count): low visits ★★

How Encore Capitals works



1.2 The Company is registered and regulated and governed by the Law of Saint-Vincent and the Grenadines. Any legal claims will be a subject of the court hearings. Company’s legal address is United Kingdom. 4.1. The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders. 6.5. In case Stop Out leads to account balance becoming negative, this does not imply any debt payments from the Client and can’t be deemed as such. The Company will compensate the account balance to zero. 6.6 Margin Call and Stop Out levels may be increased during news releases, periods of high market volatility, abnormal market conditions and other irregular events.



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