Table of Contents
- 1 Overview
- 2 What is Elland Road Capital?
- 3 Is Elland Road Capital A Scam? Must-Read Before Trade
- 4 Elland Road Capital Review: Pros And Cons
- 5 Elland Road Capital 2023: Initial Deposit and Deposit Methods
- 6 How Can You Withdraw Funds?
- 7 What Can Be Traded On Elland Road Capital?
- 8 Elland Road Capital Account Types
- 9 FEES, COMMISSION AND SPREADS
- 10 Elland Road Capital: Account Opening Process
- 11 Available Trading Platforms
- 12 Educational And Research Resources
- 13 Customer Support
- 14 Conclusion
- 15 FAQ
Overview
Elland Road Capital review talks about the positives and negatives of the Elland Road Capital broker. Traders can analyse the broker, its services and get an in-depth knowledge on the facilities they offer.
This deep study and research of the broker will ensure that traders choose the right trading platform for their efficient trading. As we know, trading is a risky task that requires good brokers, trading skills and knowledge.
So, let’s elaborate on the Elland Road Capital broker and make efficient trades.
| Details | XPro Markets |
| Official Website | www.ellandroadcapital.com |
| Established In | 2022 |
| Headquarters In | South Africa |
| Regulation | Financial Sector Conduct Authority (FSCA) |
| Ownership | Elland Road Capital PTY LTD. |
| Minimum Deposit | $250 |
| Maximum Leverage | 1:400 |
| Trading Platforms | MetaTrader4 and WebTrader |
| Trading Instruments | Forex, Indices, Commodities, Shares and Cryptocurrencies |
| Spread | Variable |
| Funding | Bank transfer, credit cards, debit cards and e-wallets |
| Type | NDD |
| Demo Account | Yes |
What is Elland Road Capital?
Elland Road Capital is a brokerage company. It offers traders with a range of facilities and services to trade in financial markets. The company promises to have tested its expertise on the most promising tools.
It has CFDs to trade in Forex, Stocks, Indices, Commodities, Cryptocurrency Future and more. One can trade it to enjoy favourable trading conditions as the company claims to be highly efficient. Traders, on the other hand, get the best services possible.
The broker looks forward to providing traders everything they need to leverage the daily challenges and online trading experiences in the best possible manner. Aim of the company is to inspire traders by offering them with more than 160 CFDs on various markets, with the leverage of 1:400.
Is Elland Road Capital A Scam? Must-Read Before Trade
Elland Road Capital is a regulated broker. The broker is secure to trade and has been operating since 2022. Within such a short time period it has gained a good reputation in the market.
It is operating under the brand name of Elland Road Capital PTY LTD. The company is based in South Africa and offers best of trading facilities. Elland adheres to offer secure delivery of the services that contribute to safety of clients and their funds.
The registration number of the company is 2021/939672/07. The South African firm is authorised and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa.
Its FSP licence number is 52127. These regulations ensure that traders are provided with a safe trading environment.
Elland Road Capital Review: Pros And Cons
Traders at Elland Road can have the following benefits and drawbacks:
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Trading with a platform is fun if traders have a great number of options to select from and trade online. At Elland traders have CFDs to trade with various instruments.The traders have competitive trading conditions, trading tools to analyse markets, and have trading accounts of their choice.
Apart from this, the broker is regulated, offers best trading platforms and available to support traders 24/7.
However, it offers less educational content to learn, and has a high deposit amount. This makes it a bit inconvenient for traders to invest.
Elland Road Capital 2023: Initial Deposit and Deposit Methods
Elland Road Capital is a transparent broker. It lists everything under its funding category on the website. Users who wish to learn about the charges or fees of the platform can access it.
When it comes to deposit of funds at the broker’s traders can have the following payment options:
- Credit/Debit card
-VISA
-Master card
- Wire Transfer
- APMs
The initial deposit at the platform is $250. Traders can choose the currency they wish to trade. The options for trading accounts for currency are USD and EUR.
Table below mentions deposit method specifications:
| Methods | Minimum Deposit | Maximum Deposit (Daily) | Maximum Deposit (Monthly) |
| Credit/Debit Card | $250 | $10,000 | $40,000 |
| APMs | $250 | Unlimited amount | Unlimited amount |
| Wire Transfer | $250 | Unlimited amount | Unlimited amount |
How Can You Withdraw Funds?
Withdrawal requirements at Elland Road Capital are quite simple and convenient. Here, we have the points that traders have to consider while withdrawing funds:
- The method of withdrawal should be the same as deposit.
- The first withdrawal can be done when the trading account of the trader is successfully verified.
- If the withdrawal is higher than deposit then the additional amount is received through wire transfer.
Traders can withdraw their funds by following the given steps:
- Visit the website and enter the login details to access your trading account.
- Then go to the dashboard and click on the deposit and withdrawal option.
- Traders can select withdrawal of funds and enter the amount of withdrawal.
- They have to choose a payment method similar to deposit.
- The process of withdrawal takes some time depending on the payment method selected. It usually takes 8 to 10 business days but can vary with local banks.
What Can Be Traded On Elland Road Capital?
Traders are provided with the following products to make best of their trades online.
The website provides traders with a list of instruments they can have with the following financial markets. It gives them a description of the product, instrument, contact size, minimum trade size, maximum trade size and maximum leverage.
Forex market is for trading of currency pairs. Cryptocurrency futures have coins that traders can select from. Commodities are the daily used items such as oil, crude oil, gold and silver, while shares are the product of the stock market.
Company shares can be traded with the broker. Lastly, traders have indices that have a pool of shares to be traded.
Forex
EllandRoad Capital offers a large range of minor, major and exotic currencies. Prominent currencies such as EUR/USD, GBP/USD, USD/JPY, and AUD/USD are available on the platform to trade in.
EllandRoad provides a high leverage of 1:400 for higher liquidity and larger profits.
Cryptocurrency Futures
Cryptocurrencies have become a main tool for trading after the rise of bitcoin.EllandRoad offers traders to trade in the most liquid and volatile cryptocurrencies, such as Ethereum, Ripple, Bitcoin, Litecoin etc.
Maximum leverage given on cryptocurrencies is 5. Cryptocurrencies trading is available 24*7 with price movement details for traders, to make the trade convenient.
Commodities
EllandRoad deals with many natural commodities, like Gold, Silver, Oil and Natural Gas, providing vast options for their traders to trade with,
EllandRoad provides a maximum leverage of 1:200 on the commodities.
A commission fee of $0.14 is applied on natural gas.
Elland Road offers traders high return shares of big-world companies, such as Amazon, Apple, Google, Facebook etc with a leverage of 1:5. These shares hold a great deal of volatility.
There are over 160 CFDs to trade from, thus traders enjoy vast variety of options to deal with.
Indices
Index trading is one of the most popular options in the trading world. Here, at EllandRoad, traders have access to S&P 500, Nasdaq 100, and Dow Jones Industrial Average.
Elland Road provides the most highly competitive spreads for index trading, for high liquidity and huge profits.
Elland Road Capital Account Types
Elland offers traders with various account types to trade. The customised trading account ensures that traders from different levels can use them to make efficient trades. Below are the trading account types traders can choose from:
| Details | Classic | Silver | Gold | Platinum | VIP |
| Leverage up to | 1:400 | 1:400 | 1:400 | 1:400 | 1:400 |
| Instruments | All Assets | All Assets | All Assets | All Assets | All Assets |
| Swap-Discount Period |
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Available | Available | Available | Available |
| Margin Call | 100% | 100% | 100% | 100% | 100% |
| Stop-Out | 20% | 20% | 20% | 20% | 20% |
| Minimum Volume Per Trade | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum Volume Per Trade | 50 | 50 | 50 | 50 | 50 |
| Negative Balance Protection | Available | Available | Available | Available | Available |
| Free Customer Support | Available | Available | Available | Available | Available |
| Free Trading Education | Available | Available | Available | Available | Available |
| Full Account Overview | – | – | Monthly | Monthly | Weekly |
| Dedicated Account Manager | – | – | Available | Available | Available |
| Dedicated Senior Account Manager | – | – | – | – | Available |
Spreads Available:
| Details | Classic | Silver | Gold | Platinum | VIP |
| EUR/USD | 2.5 pip | 2.5 pip | 1.8 pip | 1.4 pip | 0.9 pip |
| GBP/USD | 2.8 pip | 2.8 pip | 2.3 pip | 2 pip | 1.4 pip |
| USD/JPY | 2.8 pip | 2.8 pip | 2.3 pip | 2 pip | 1.4 pip |
| Crude Oil | $0.14 | $0.14 | $0.13 | $0.12 | $0.10 |
FEES, COMMISSION AND SPREADS
| METHOD | APPLICABLE FEES |
| Credit Card
Debit Card Prepaid Card |
3.5% |
| Wire Transfer | 30 USD/EUR |
Inactivity Fees
| Inactivity period | Monthly Account Inactivity Fee |
|---|---|
| 0 to 1 month | 0 |
| 1 to 2 months | 100 USD
100 EURO |
| 2 to 6 months | 250 USD
250 EURO |
| Over 6 months | 500 USD
500 EURO |
Elland Road Capital: Account Opening Process
Traders can open their trading account at Elland Road Capital brokers with only few steps:
- Visit the website, www.ellandroadcapital.com and then click on the sign up tab at top right corner.
- A new window opens up on the desktop. Traders have to fill in the details, like name, email address, password, contact number and confirm the declaration.
- After completing the details traders have to provide basic personal details such as licence number, employment details, tax payments and others.
- Then, traders have to upload documents that are required for verification.
Traders can start trading by depositing the minimum amount required.
Available Trading Platforms
Elland Road Capital has two most popular trading platforms, MetaTrader4 and WebTrader. Here we have analysed both of the trading platforms for readers’ understanding.
MetaTrader4
MetaTrader4 at Elland Road Capital is a user-friendly platform. It allows traders access to global financial markets. Traders can use it from their laptops, computers, mobiles or tablet devices.
Besides, the platform is customisable that adds another wing to its feathers. Here, we have the services that traders can access at MT4:
- 160+ CFDs accessible easily
- Intuitive interface
- Multiple Charts
- Customisable layouts and chart templates
- Technical indicators and tools
- Automated trading and manual trading
- One click trading
- Pending order types
- Instant trades
- Account history
WebTrader
Traders along with MT4 can have webtrader to directly connect with the market. It does not require any downloading or process to access. The advanced WebTrader has every facility that traders require to analyse financial instruments.
Here are the services traders can avail:
- Requires no download
- Easy to use interface
- Technical analysis tools
- Three click transactions
- Records transactions
- Stop-loss and take profit calculators
- Access to 160+ CFDs
Educational And Research Resources
Educational and research content with the broker are quite an important part of the website. EllandRoad has extensive knowledge data given for both experience and novice traders.
Trading Central
Trading central enables traders to identify trends, patterns and exit and entry points in the market. It provides instant updates on market conditions, moving and volatility.
These indicators provide traders clear signals for better trading.
Economic Calendar
Traders should integrate this important resource into their trading routine. They can actively anticipate market movements, creating greater potential for success in trading.
Charts
Charts are an important source of information and learning about the lows and highs of the forex market, making them an important tool while trading.
Customer Support
Traders can connect with the professional team at Elland Road Capital through the following:
- Live chat
- Contact number: +27101572581
- Email address: [email protected]
- Query form
Using the following ways traders can get in touch with the team and have their queries solved. The team considers clients as their priority and ensures they get the best support possible.
Conclusion
The article elaborates on Elland Road Capital broker and its brokerage services. The broker is regulated and well established. It has a good market reputation and ensures traders have good customer service.
Traders can enjoy the various account types that are customisable. Other than this, it has the best trading platforms, MetaTader4 and WebTrader. These support traders in making efficient trade.
Besides, there are a range of facilities such as easy deposit and withdrawal. Traders can have various methods to choose from for deposit and withdrawal. Educational content and research are informative.
The platform, with such facilities and options becomes a good choice for online trading.
FAQ
How many markets are available for traders to trade at Elland Road Capital?
- Traders can trade in the following markets:
- Forex
- Commodities
- Shares
- Indices
- Cryptocurrency Futures
- Is my private information secure at the platform?
Yes, all the information of the clients is encrypted and privacy protected.
- Which regulatory authority regulates the Elland Road Capital Broker?
The broker is regulated by the Financial Sector Conduct Authority (FSCA). The licence number of the broker is 52127.
- Can I cancel my withdrawal?
Yes, traders can cancel their withdrawal but before it is processed.
- How long does it take to withdraw the funds?
The withdrawal of funds usually takes 8 to 10 business days. However, it may vary as per the local bank.
- What currencies can traders deposit with Elland Road Capital?
Traders can have EUR and USD to deposit their funds with the broker.
- What account types are available with Elland Road Capital?
Elland Road Capital offers clients with five types of account. These are classic, silver, gold, platinum and VIP.