First Global Capitals is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders.
First Global Capitals is great for copy trading, competitive for mobile, and generally in line with the industry average for pricing and research.
Overall
- Minimum Initial Deposit: $1000
- Trust Score: 93
- Tradeable Symbols (Total): 800+
Overall Summary
| Regulated | Yes |
| Overall Rating | 91 |
| Trust Score | 93 |
| Offering of Investments | 87 |
| Commissions & Fees | 81 |
| Platform & Tools | 94 |
| Safety of Funds | 97 |
| Mobile Trading | 92 |
Is First Global Capitals safe?
Trust Score
93
First Global Capitals is considered low risk, with an overall Trust Score of 93 out of 100. First Global Capitals is not publicly traded, does not operate a bank, and is authorized by two tier-1 regulators (high trust), one tier-2 regulators (average trust), and one tier-3 regulator (low trust).
| Year Founded | 2020 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 1 |
| Tier-3 Licenses | 1 |
Offering of investments
The following table summarizes the different investment products available to First Global Capitals clients.
Cryptocurrency: Cryptocurrency trading is available at First Global Capitals through CFDs, but not available through trading the underlying asset (e.g. buying Bitcoin).
| Forex Trading | Yes |
| Tradable Symbols (Total) | 800+ |
| Forex Pairs (Total) | 50 |
| U.S. Stock Trading | No |
| Stock Trading | Yes |
| Social Trading / Copy Trading | Yes |
| Cryptocurrency (Physical) | No |
| Cryptocurrency (CFD) | Yes |
Commissions and fees
First Global Capitals spreads are close to the industry average at just under one pip (0.9 pips), yet are slightly higher than the spreads available on the entry-level accounts.
Professional traders: If you qualify as an elected professional trader, spreads on First Global Capitals Professional account are competitive at 0.6 pips.
| Minimum Initial Deposit | $1000 |
| Average Spread EUR/USD – Standard | 0.91 (Aug 2020) |
| All-in Cost EUR/USD – Active | 0.61 (Aug 2020) |
| Active Trader or VIP Discounts | Yes |
| Execution: Agency Broker | No |
| Execution: Market Maker | Yes |
About First Global Capitals
First Global Capitals is an international brokerage firm that has been providing services for trading and investment in currency and derivatives markets since 2019.We work in financial market retail industry and provide services for private clients all around the world. Our award-winning partnership program allows us to provide high-quality services to clients all around the world in their native languages even in countries with no First Global Capitals offices.
How long do First Global Capitals withdrawals take?
Withdrawals at First Global Capitals take one to two business days, which is comparable to nearly every forex broker. The withdrawal time can also vary depending on your chosen withdrawal method. It’s important that your account is up to date; even though you may have been verified upon opening your account, your broker may ask you to provide an updated proof of ID and proof of address to process your request if considerable time has passed.
What is the minimum deposit at First Global Capitals?
The minimum deposit at First Global Capitals is generally 100 units of currency, depending on the denomination of your account balance. For example, a USD account will have a $1000 minimum deposit whether you fund via wire or credit card. That said, First Global Capitals recommends you start with one to two thousand of your preferred base currency, with the EUR, GBP, AUD all supported as available options, for traders looking for the full experience across its products.
Is my money safe in First Global Capitals?
Yes, your money is as safe with First Global Capitals as it would be with any online broker that is globally regulated in top-tier jurisdictions and authorized to hold its client’s funds. First Global Capitals is trusted by over 300,000 customers with millions of dollars in deposits. There is always counter party risk, which is why you should only choose brokers that are well-capitalized, in addition to being highly regulated.
First Global Capitals segregates all client money from its own business funds. First Global Capitals is also Web Trust compliant and follows best practices to secure client information in terms of cyber security.
