PASHA Capital
Pros and Cons
Pros
- Established in 2012 with a presence in Azerbaijan
- Offers a wide range of trading products including currency pairs and commodities
- Competitive spreads starting from 0.2 pips
- Access to a proprietary trading platform
- Minimum deposit requirement as low as $200
Cons
- No valid regulatory oversight
- High minimum deposit requirement of $10,000
- Limited leverage options (maximum 1:50)
- Single proprietary trading platform with no MT4/MT5 support
- Complaints about cumbersome withdrawal process
Basic Information
User Reviews
PASHA Capital Overview
PASHA Capital, established in 2012 and headquartered in Azerbaijan, is a forex broker that offers a variety of trading services. While it provides access to a range of trading instruments, including currency pairs and commodities, it is important to note that PASHA Capital currently operates without regulation, which may pose risks for traders. The absence of oversight from reputable financial authorities raises concerns about the broker’s trustworthiness and security, making it essential for potential clients to exercise caution.
PASHA Capital offers competitive trading conditions with spreads starting at 0.2 pips and leverage of up to 1:50. The broker’s proprietary trading platform allows for a range of trading activities and supports a variety of instruments. Customer support is available through multiple channels, including email and phone, although the broker’s overall service reputation may vary. Despite its lack of regulatory status, PASHA Capital aims to differentiate itself by offering diverse trading options and a user-friendly platform designed for both novice and experienced traders.
Is PASHA Capital Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| No regulation | Azerbaijan | No protection measures available |
Is PASHA Capital Regulated and How Are Client Funds Protected?
PASHA Capital is not regulated by any recognized financial authority. This lack of regulation raises significant concerns regarding the safety of client funds and the overall legitimacy of the broker. Without regulatory oversight, there are no established protections for investors, such as segregated accounts or compensation schemes, which means that traders are exposed to higher risks of fraud and losses. Engaging with unregulated brokers like PASHA Capital can lead to potential financial harm, as there is no recourse in cases of misconduct or financial disputes.
Trading Products and Services
What trading instruments does PASHA Capital offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | 2000+ |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Many |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Varies |
| Stocks | US (e.g. Apple, Tesla), UK (e.g. BP, Vodafone) | Many |
| Cryptocurrencies | BTC, ETH, XRP, LTC | Many |
PASHA Capital provides a diverse range of trading instruments, covering essential asset categories like Forex, commodities, indices, stocks, and cryptocurrencies. With over 2000 Forex pairs and a wide selection of commodities, traders from all backgrounds—be it beginners, technical traders, or long-term investors—can find products that suit their trading strategies. The availability of various asset types not only promotes portfolio diversification but also enhances trading flexibility, allowing users to adapt their strategies according to market conditions. PASHA Capital’s commitment to offering a broad spectrum of products positions it as a valuable platform for traders looking to navigate different markets effectively.
Account Types and Trading Conditions
What Account Types and Fees Does PASHA Capital Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Classic Account | Beginners and casual traders | Low minimum deposit, competitive spreads | Suitable for small-capital practice; requires a minimum deposit of $200 |
| Individual Account | Experienced traders and investors | Lower commissions, personalized services | Requires a minimum deposit of $10,000; ideal for higher trading volumes |
Account Opening Process
To open an account with PASHA Capital, users must follow a straightforward process that includes submitting personal, employment, and financial information. Identity verification is crucial and requires documents like a valid ID and proof of address. This ensures compliance with necessary regulations and helps protect user accounts. Additionally, users have the flexibility to upgrade from a Classic Account to an Individual Account later, allowing for a more tailored trading experience as their trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.2 | $7 (Classic) / $4 (Individual) per lot | Competitive spreads on major pairs |
| CFDs (Indices) | 0.5 | $0 (ECN: $3.5/lot) | Varies with market conditions |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Fees can fluctuate based on market volatility |
Other Fees
In addition to trading fees, PASHA Capital imposes several other costs that traders should be aware of. These include deposit and withdrawal fees, which may vary depending on the payment method used. There may also be inactivity fees if accounts remain dormant for an extended period. Platform usage fees are not applicable, as the trading platform is free to use. Additionally, overnight interest, or swap rates, will apply to positions held beyond trading hours, and currency conversion fees may be charged for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does PASHA Capital Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS | Two-factor authentication, multiple order types, technical indicators | Demo accounts, VPS |
| Web Version | All browsers | Secure login, symbol lookup, price alerts | None |
| Mobile App | iOS, Android | Biometric login, push notifications, market search | API access |
MT4/MT5 provides a comprehensive trading experience with advanced tools and is ideal for experienced traders. The web version allows for seamless trading across devices, ensuring accessibility and convenience. The mobile app enhances trading flexibility with secure logins and real-time alerts. PASHA Capital prioritizes security with features like two-factor authentication and biometric login options, while also offering fast order execution and efficient market search tools.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 2-3 Business Days | No platform fee, 0.5% for international transfers | Min 100, Max 50k | USD, EUR, AZN |
| Visa/Mastercard | Instant | No platform fee, 1.5% processing fee | Min 50, Max 20k | USD, EUR |
| e-Wallet (PayPal, Skrill) | Instant | No platform fee, but 1% charge | Min 20, Max 10k | USD, EUR |
| Cryptocurrency (BTC, ETH) | Instant | No platform fee, network fees apply | Min 0.01 BTC, Max 5 BTC | BTC, ETH |
| Local Payment Solutions (e.g., E-Wallets tailored for Southeast Asia) | Instant | No platform fee, 1% charge on withdrawals | Min 50, Max 15k | USD, MYR |
Minimum Deposit
PASHA Capital requires a minimum deposit of $50 for standard accounts. This amount may vary depending on the payment method used, with local payment solutions potentially offering lower thresholds to cater to regional clients. Additionally, specific account types may have differing minimum requirements.
How to Withdraw
To withdraw funds from your PASHA Capital account, follow these steps:
- Log in to your PASHA Capital account.
- Navigate to the ‘Withdrawal’ section of your account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw.
- Submit your withdrawal request and verify any required information.
- Wait for the processing time to complete; you will receive a confirmation email once your request is processed.
Customer Support
PASHA Capital Customer Support Overview
Support Channels
PASHA Capital offers multiple support options to assist customers effectively. Their primary contact methods include:
- Email: You can reach out to their support team at office@pashacapital.az for any inquiries or assistance needed.
- Live Chat: A convenient live chat feature is available on their website, allowing for immediate assistance.
- Telephone: Customers can call their support line at +994 12 493 46 46 for direct communication.
- Social Media: PASHA Capital maintains a presence on various social media platforms, where customers can also seek help and updates.
Service Availability
PASHA Capital provides support services 24/5, ensuring that customers can receive assistance during market hours. They also offer multilingual support, with services available in English and Azerbaijani, catering to a diverse clientele.
Additional Resources
In addition to direct support, PASHA Capital provides valuable educational resources, including:
- Video Tutorials: A collection of instructional videos for traders of all levels.
- Webinars: Regularly scheduled webinars that cover various trading topics and strategies.
- Market Analysis: In-depth market insights to help clients make informed trading decisions.
- Trading Signals: Expert trading signals to assist customers in navigating the forex market.
Frequently Asked Questions
Currently, PASHA Capital operates without any valid regulatory oversight. This means that while they provide a range of trading services, clients should exercise caution due to the lack of regulation, which can increase potential risks. It is recommended that clients fully understand these risks before investing.
PASHA Capital offers two account types: the Classic Account, requiring a minimum deposit of $200 with a commission of $7 per trade, and the Individual Account, requiring a minimum deposit of $10,000 with a lower commission of $4 per trade. Both accounts have competitive spreads starting from 0.2 pips and a leverage of up to 1:50.
As PASHA Capital is currently unregulated, the security of client funds is not guaranteed by any regulatory authority. It is important for clients to understand that without regulation, there may be higher risks associated with fund security. Clients are encouraged to perform due diligence and consider their risk tolerance before investing.
While PASHA Capital offers a range of trading instruments and competitive spreads, user experiences have noted that the trading platform may not be as intuitive or user-friendly as desired. Some clients have reported a somewhat dated interface and a withdrawal process that can be cumbersome. However, customer support has been described as responsive, although it may lack a personalized touch.
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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.