500 Capital

500 Capital is a forex and CFD broker incorporated in Bermuda on 25 July 2019. The firm operates under the official domain 500capital.com and lists its registered address at 66 Court Street, 5th Floor, Hamilton HM 11, Bermuda.

While the broker presents itself as an online trading provider for retail clients, it does not hold a known regulatory licence from any major financial authority. This absence of oversight is a significant factor for traders considering the firm.

500 Capital offers a single account type, called Standard, with a minimum deposit requirement of 1,000 EUR. The maximum leverage available on this account is 1:200, which is relatively moderate compared to some offshore brokers that offer higher ratios.

The broker does not appear to provide any other account tiers, such as Islamic or swap-free accounts, nor does it list any demo account option in the available records. This limited account structure may suit traders who prefer a straightforward setup, but it offers little flexibility for varying experience levels or trading styles.

According to the information on file, 500 Capital provides trading in 39 currency pairs, 11 index CFDs, 3 energy commodities (oil, gas), and 4 metal commodities. This product range is relatively narrow compared to full-service brokers, particularly in the equities or cryptocurrency sectors.

The broker's focus appears to be on traditional forex and commodity markets, with no mention of stocks, ETFs, or digital assets. Traders seeking a broader multi-asset offering may need to look elsewhere.

No specific trading platform is mentioned in the available records for 500 Capital. Common platforms in the industry include MetaTrader 4, MetaTrader 5, or proprietary web-based solutions, but this broker's technology stack remains unconfirmed.

Given the lack of regulatory disclosure and limited public information, potential clients should verify platform details directly with the broker before committing funds. The absence of platform information in our records adds to the overall opacity of the offering.

Details on deposit and withdrawal methods are not provided in the known facts. Typical offshore brokers may accept bank transfers, credit/debit cards, and certain e-wallets, but without official confirmation, traders cannot assume any specific payment options.

The minimum deposit of 1,000 EUR is relatively high for a retail broker, which may act as a barrier for smaller retail traders. The broker does not disclose processing times or fees associated with transactions, further limiting transparency.

500 Capital is not regulated by a major financial authority. It is registered in Bermuda, but Bermuda does not have a dedicated forex regulatory body with the same rigorous standards as the FCA, CySEC, or ASIC. This means client funds are not protected by investor compensation schemes or negative balance protection.

Traders should exercise extreme caution when dealing with unregulated brokers. The lack of independent oversight increases the risk of misconduct, such as trade manipulation or refusal of withdrawals. In FXCanary's view, this broker carries a guarded risk profile as reflected by its 48/100 Scam Risk Score.

500 Capital may appeal to experienced traders who are comfortable with offshore, unregulated entities and seek a simple account structure with moderate leverage. However, it is not suitable for risk-averse traders, beginners, or those who require regulatory protection.

The high minimum deposit further limits accessibility. Given the lack of transparency regarding platforms and fees, the broker is best approached with caution, if at all.