Ambit Capital
Pros and Cons
Pros
- Diverse trading instruments: forex, stocks, cryptocurrencies, commodities, indices
- User-friendly MetaTrader 4 platform and proprietary trading platform
- Mobile app for convenient trading on-the-go
- Multiple payment methods for deposits and withdrawals
- 24/7 customer support for assistance
Cons
- Unregulated status raises investor risk
- High minimum deposit requirement of $1,500
- Lack of safeguards for client funds
- Potential withdrawal fees and processing delays
- Limited educational resources for traders
Basic Information
User Reviews
Ambit Capital Overview
Ambit Capital, founded in 2023 and headquartered in India, operates in the forex brokerage space. The broker has been active for a period of 2-5 years and is currently unregulated, which may pose potential risks to investors regarding oversight and protection. Despite this, Ambit Capital provides access to various trading instruments, allowing traders to engage in forex and other markets with flexibility. For more information, you can visit their official site at https://www.wikifx.com/en/dealer/2569164577.html.
In terms of offerings, Ambit Capital facilitates trading across multiple asset classes, including forex, stocks, cryptocurrencies, commodities, and indices. The broker supports the MetaTrader 4 platform, which is known for its user-friendly interface and advanced trading tools, catering to the needs of diverse traders. Customer support is available through various channels to assist with inquiries and technical issues. While the absence of regulation raises concerns, Ambit Capital’s comprehensive range of trading options and platform features may appeal to traders looking for an accessible trading environment.
Is Ambit Capital Safe? Regulation Analysis
Regulatory Information
Ambit Capital operates without regulatory oversight, which poses significant risks for investors. The absence of regulation means there are no safeguards or protections typically provided by recognized financial authorities, increasing the potential for fraud and lack of accountability in trading practices.
Is Ambit Capital Regulated and How Are Client Funds Protected?
The broker is not regulated by any recognized financial authority. This unregulated status raises serious concerns regarding investor protection and the safety of client funds. Without oversight, investors may face increased risks, including the possibility of financial losses due to fraudulent activities or misuse of funds.
Trading Products and Services
What trading instruments does Ambit Capital offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Ambit Capital offers a diverse range of trading instruments, allowing traders to engage across several asset categories including forex, commodities, indices, stocks, and cryptocurrencies. This variety caters to different trading styles and experience levels, making it suitable for both beginners and seasoned professionals. By providing access to multiple markets, traders can implement diverse strategies and enhance their portfolio’s resilience through effective diversification. The platform’s flexibility is designed to meet the needs of a broad audience, ensuring that users can adapt their trading approaches based on market conditions and personal preferences.
Account Types and Trading Conditions
What Account Types and Fees Does Ambit Capital Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Basic Account | Beginners | Minimum deposit of $1,500, 24/7 customer service | Entry-level option for those exploring trading |
| Silver Account | Intermediate Traders | Higher deposit of $25,000, personal analyst included | Suitable for traders seeking personalized guidance |
| Gold Account | Experienced Traders | Minimum deposit of $50,000, weekly sessions with an analyst | Offers withdrawal flexibility with one free withdrawal per week |
| Platinum Account | High-Net-Worth Individuals | Minimum deposit of $150,000, leverage up to 1:100 | Designed for advanced traders seeking enhanced tools |
| VIP Account | All Traders | Fully managed account, 24/7 support | Ideal for those preferring hands-off management |
Account Opening Process
Opening an account with Ambit Capital is a straightforward process typically consisting of four simple steps. First, you need to register by filling out the online registration form with accurate personal information. After registration, verification of your identity and residency is required, which may include submitting documents like a government-issued ID and proof of address. Once verified, you can select the type of account that best suits your trading needs. Finally, you’ll fund your trading account using various available payment methods.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | N/A | N/A | Details on spreads and commissions not specified |
| CFDs (stocks, indices) | N/A | N/A | Details on spreads and commissions not specified |
| Cryptocurrencies (BTC/USD) | N/A | N/A | Details on spreads and commissions not specified |
Other Fees
Ambit Capital may apply various fees, including deposit and withdrawal fees, inactivity fees, and potential overnight interest (swap rates). Currency conversion fees may also apply depending on the transaction type. It is advisable to review the specific terms related to these costs directly with the broker to ensure clarity before engaging in trading activities.
Trading Platforms and Apps
What Trading Platforms and Apps Does Ambit Capital Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4 (MT4) | Windows, macOS, iOS, Android | 2FA, symbol lookup, multiple order types, price alerts, technical indicators | Demo accounts, VPS |
| Proprietary Platform | Web, iOS, Android | Encryption, one-click trading, push notifications, economic calendar | Demo accounts |
| Mobile App | iOS, Android | Biometric login, real-time alerts, simplified order types | None specified |
Ambit Capital offers a range of trading platforms to meet the diverse needs of its clients. The MetaTrader 4 (MT4) platform is well-suited for traders looking for advanced features and flexibility across devices, including desktop and mobile. The proprietary platform provides users with essential tools for effective trading and portfolio management, while the mobile app caters to those who prefer to trade on-the-go with convenient access to market data and alerts. All platforms emphasize security with features like two-factor authentication and encryption, ensuring a secure trading environment. These options enable traders to execute trades efficiently, receive real-time notifications, and utilize various analytical tools to inform their strategies.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min $1,500, Max $50,000/day | USD, INR |
| Credit/Debit Cards | Instant | No platform fee | Min $1,500, Max $20,000/day | USD, INR |
| E-Wallets | Instant | 1.5% charge | Min $1,500, Max $10,000/day | USD, INR |
Minimum Deposit
The minimum deposit requirement for opening an account with Ambit Capital is $1,500. This requirement is consistent across all account types and does not vary by payment method or region.
How to Withdraw
To withdraw funds from your Ambit Capital account, follow these steps:
- Log in to your trading account.
- Navigate to the ‘Withdrawal’ section.
- Select your preferred withdrawal method.
- Enter the amount you wish to withdraw.
- Confirm your withdrawal request and submit it for processing.
Customer Support
Ambit Capital Customer Support Overview
Support Channels
Ambit Capital provides customer support through multiple contact methods to assist traders effectively. Clients can reach out via email at support@ambitcap.com for assistance with inquiries or technical issues. Additionally, support is available via phone at +44 7441909375, with dedicated contact numbers for different regions, ensuring accessibility for all clients. Live chat options may also be available on their website for immediate help.
Service Availability
The customer service team at Ambit Capital is available from 7 AM to 7 PM (GMT+1), Monday to Friday. This schedule allows for timely assistance during standard trading hours. Multilingual support may be available, catering to a diverse client base, although specific languages supported are not detailed.
Additional Resources
In addition to direct support, Ambit Capital offers various educational resources to enhance the trading experience. These include a comprehensive FAQ section, market analysis, and potentially webinars or video tutorials, which can help traders make informed decisions and improve their trading skills.
Frequently Asked Questions
Ambit Capital operates without regulatory oversight, which poses significant risks for investors. The absence of regulation means there are no safeguards or protections typically provided by recognized financial authorities, increasing the potential for fraud and lack of accountability in trading practices.
Ambit Capital offers a diverse range of trading instruments, including forex, stocks, cryptocurrencies, commodities, and indices. This variety caters to different trading styles and experience levels, making it suitable for both beginners and seasoned professionals.
While Ambit Capital is unregulated, the broker employs stringent security measures to safeguard client funds. However, investors should be aware that the lack of regulatory oversight increases potential risks regarding the safety of their investments.
Ambit Capital provides customer support through multiple channels, including email at support@ambitcap.com and phone at +44 7441909375. The support team is available from 7 AM to 7 PM (GMT+1), Monday to Friday, to assist with inquiries and technical issues.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.