NCapital Group Review
At a get-together meet-up with my friends, when I asked one of my friends about his financial plans, he seemed confused. Like millions of other people, he was eager to invest in cryptocurrencies because it is highly lucrative. At the same time, it is a fact that it requires deep knowledge and understanding to gain profit unless you find a staid broker, but he was not sure which broker he should trust. After research, he had come to know about online broker platforms, but still, it was not an easy task for him to trust any broker as it is a matter of spending lifetime savings. At that time, I realized a detailed NCapital Group review was indispensable.
After helping my friend to choose the best online broker, which is none other than NCapital Group, I decided to help all other confused people as well by writing a detailed review. You will find answers to all your questions in this review as I have covered every single feature provided by NCapital. I am not writing this review to force you to sign up with NCapital Group, but I am sure after finding so many features in one place, you will definitely sign up with NCapital Group.
A brief introduction of NCapital Group
NCapital Group started providing its services in 2019 from the United Kingdom. Since then, it is owned and run by Matrix Markets Limited. Soon it started to gain popularity due to its advanced tools and features. It was designed to make trading easy for both new and experienced traders. It is like a website that can be used on any device. It provides a vast range of features and services such as trading accounts with optional deposit range, multiple assets to trade in, trading tools, client’s education, and security policies. Now I will discuss all these features in detail to eradicate your ambiguities.
Diverse trading accounts
Different brokerage platforms provide more than one option to their customers, but NCapital Group is loaded with not one, two, or three but six different account types, which is more than standard. It means that a trader has complete freedom to choose an account according to his own limits and requirements. The platform provides some standard common features which are available in all types of accounts. In addition to common features, every account is loaded with additional services, which keep on increasing when you choose more and more premium account.
There are a total of 6 types of accounts available on the platform, out of which five are available for everyone, while one type of account is reserved for special people. It is named the Black account, which is solely created for top investors. Apart from this Black account, details of the other five accounts are shared below.
Basic account: Basic account is designed for newbies with a lightweight capital for investment. Basic account can be signed up by only depositing 500 (American Dollars, Euros, or British Pounds). You will select a base currency for your account, and then the deposit will be made in the same currency.
Bronze Account: Bronze account is for beginners. Ten thousand should be deposited to sign up for this type of accounts. Along with basic features, you would receive price alerts as well.
Silver Account: The minimum needed to be deposited to 25,000. The additional features provided to silver account users are dedicated account managers and trading signals (PIA).
Gold Account: Upon depositing 50k, one can get a gold account which will free you from the tension of checking signals manually. Gold account users receive PIA signals and price alerts through SMS on their mobiles.
Platinum Account: This account is designed for professional traders. That is why this account needs a 250,000 deposit. As a reward for paying such a hefty amount, users receive exclusive position access, price alerts (VIP), and a customized trading strategy.
Some other common features
Customers receive 24 hours customers support six days a week on call and email. Daily market analysis and informative webinars are available on the websites. As you all know, digital currency trading is risky. That is why NCapital Group provides free education to its registered users to enhance their knowledge and expertise. Most important than all is that it charges no hidden fee. There is transparency in the fee you will ever pay to the broker. This develops a transparent relation between the trader and the broker.
Deposit and withdrawals
NCapital Group provides different options to make payments for accounts as it tries to keep its users at ease. The account sign-up fee can be transferred via bank to bank transfer or credit/debit cards. People who want risk-free transfer opt for wire transactions, while people who want the transaction to be made online quickly stick to the credit or debit card option.
The payments can also be made by using China Union Pay, Skrill, or Neteller. Due to the company’s user-friendly policies, withdrawals are also hassle-free. Without paying any fee, you can withdraw your money. In the case of a wire transfer, only 30 dollars are deducted.
Liberty to choose your favorite crypto
With the increase in crypto trading, the number of crypto platforms has also increased. There are a lot of platforms offering their services. You need to critically analyze them before making a choice, or else you will waste the opportunity to take advantage of the crypto world.
NCapital Group offers a vast range of cryptocurrencies to trade with. There are two types of people. Some people don’t want to take much risk and want to trade with famous currencies only, such as Bitcoin and Ethereum. Some people, on the other hand, want to earn big with a specific digital currency of their own choice. For that purpose, NCapital Group has a solution that lets its users select cryptocurrency of their own choice. Unlike other brokers who offer just two or three currencies, NCapital Group lets you select from many options such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, and many more. This is the reason when you will sign up for NCapital Group. You will feel completely free in making the decisions.
Bitcoin: Bitcoin is the first digital currency ever introduced to the world. It was created by Satoshi Nakamoto in 2009. In terms of market capitalization, it is still in the number one spot with a market cap of around 40% of 2.28 trillion dollars. Its most impressive feature is its independence from all types of controllers. Not even its own creator can have an influence on its progress.
Bitcoin Cash: Bitcoin Cash is another division of the master coin, Bitcoin. It was founded back in 2017 for a specific purpose. The main purpose of its creation was to perform high-speed transactions as made by Visa and Paypal.
Ethereum: Ethereum is the second-largest digital currency in terms of market capitalization. Its market cap is $256 billion, which is 17% of the total currency ever produced. It is also known as Ether. It can also be used to develop a variety of other apps, which makes it versatile in nature.
Ripple: Ripple has also made its ground in the crypto market in a short time span. Ripple, which is also known as XRP, also has the ability to play the leading role in a financial system. Its advanced features allow the user to perform transactions at lightning speed.
Dash: Dash was launched back in 2014, and it is quite similar to Bitcoin. The main purpose behind its launch was to provide another choice to digital currency traders. They simply improvised some features of Bitcoin, such as speed. It can be said that it is a cheaper version of BTC. In addition, it provides a platform for voting on numerous projects.
Apart from these aforementioned currencies, NCapital Group offers other less-hyped coins as well. They are frequently adding newly launched coins to the offered assets list.
Easy-to-use trading platform
Due to the complexity of the mechanism, some platforms are not easily understandable for users. A brokerage platform is meant to make trading easy for its clients but such platform entangle traders mind. NCapital Group is the one solution to this problem as it has provided a user-friendly platform for its clients.
Some platforms, due to less advanced platforms, are not easy to use for many people. They are designed in a way that they can only be operated from a heavy desktop computer. It proves a setback for those clients who frequently travel as it is not possible to carry a desktop computer with you.
NCapital Group has solved this problem as well by providing an interface that is web-based. A web-based interface means that it can be opened on any device, such as a mobile, tablet, or laptop. Yes, you can open the interface by sitting in your uber on your smartphone as well. All you need is a device, a browser, and an internet connection. It supports both Android as well as iOS (operating system).
In addition, it has solved the problem of lagging as well. Lagging results in the possible loss of data and information. A trader’s each and every information is important as it can cost him millions if it gets lost. Not only NCapital Group secures your information but also presents it nicely by using charts. It uses the charts feature, which is specifically designed by Trading View. It makes the information easy to understand for the traders, especially the new ones.
It is not needed to say as it is widely acknowledged that when dealing with someone online, security should be prioritized. Statistics show that cybercrimes have increased rapidly in the past few years. Hackers have not spared even people’s identity. Hard-earned money can be lost in a matter of seconds if you select the wrong broker. Sharing personal information is mandatory on brokerage sites as you will have to sign up. Not just the personal information, you will be risking your deposit money as well.
NCapital Group provides ease of mind to its users as it encrypts your data in many layers. The technology they use is called 256-bit SSL encryption. SSL stands for Secure Socket Layer encryption. This makes sure that your personal data does not fall into the wrong hands. So data theft is never going to happen, thanks to SSL.
After securing your data, NCapital Group has found a solution for your money as well. It uses segregated accounts to make sure your funds are in safe hands. It means that your account will be separated from brokers’ own accounts to avoid mixing of funds. In this way, your funds will be available to withdraw even if the broker goes bankrupt.
Apart from these solutions, there are two other policies that need to be mentioned here. The first one is KYC (Know your customer). It makes sure that no criminal signs up for the platform. The platform asks for proof of ID and address of the client before using the services of the platform. So the user has to provide scanned copies of passport, Identity card, and driving license.
The second important feature is AML (Anti Money Laundering). The feature minimizes the risk of money laundering as well as terrorist funding. For this purpose, the platform asks for bank statements along with utility bills. They also ask for photos of your credit or debit card as security measures.
In addition to these handy features, they keep on testing their systems for any possible penetration so that your security is not compromised. Coins are stored in cold storage so that they are out of reach of criminals. They also monitor their servers 24 hours a day, seven days a week.
Refer and earn program
It is a common belief that a person can only earn by trading when he signs up for a web broker. But NCapital Group has changed the game in this regard as well. On this brokerage platform, you can earn some easy money by just referring some friends. With each friend signing up for NCapital Group, you will receive a bonus.
NCapital Group has made another change as well. Traditionally only one friend receives the bonus who refers a friend. The friend who is referred gets nothing. NCapital Group has changed this tradition. It awards a bonus to both the referral and the referred.
The broker has set criteria according to which bonus is rewarded. There are four tiers through which it rewards its users. Every next tier has bigger rewards ready for users in its store. It is interesting to know that a trader can earn up to 300 dollars even before the start of actual trading.
NCapital Group has made another amazing move by creating an education corner on the platform. Clients having any of the six account types can use this feature as there is no restriction for anyone. This feature is more useful for beginners and amateurs as compared to professional traders. This feature is always available on the website and can be utilized at any time. Tons of learning material is available on the website, which is useful to learn and master the art of crypto trading.
The material given on the website includes reviews, e-books, technical analysis, webinars, and some other material as well. This vast range of educational material is available in different formats so that the client selects the format which is more suitable for him. It also contains videos, online courses, and tutorials. The material present on the website is unique. It is not available at any other place right now. This material covers almost every single aspect of crypto trading. Wherever a trader finds any difficulty, he can consult the education corner of the website.
The webinars are attended by highly intellectual and experienced crypto traders who update the clients about market sentiment and assist them in avoiding mistakes. Crypto trading is a relatively new field as compared to other trades that is why it is still changing. There are new things to learn for beginners as well as experienced traders. This fact further enhances the importance of a client education program.
Lastly, there is also a glossary available on the website. It includes the meanings of all the important words and terms related to crypto trading. It means that they have taken care of even small problems of the traders so that they do not find a need to go to any other platform.
24/6 active customer support
The objective of a good and professional business is to satisfy the customer. This purpose requires a window for broker-trader communication. Like other aspects, NCapital Group has given great importance to customer support as well. They have not taken this service for granted as well. They are always ready to guide and help their clients whenever they are in need of any type of assistance.
They have made an FAQ section available on the website where answers to all the frequently asked questions are available. If they don’t find a satisfactory answer to their question, then they have some other options as well.
Phone numbers are already given on the website. Their educated and soft-spoken agents are more than happy to help the clients at any time. Even if you don’t have an account yet, you can still call them and get an answer to your query. If you are not comfortable making phone calls, then an online contact form is also available at the NCapital Group website, from where you can contact them free of cost. They will contact you back as soon as possible.
I like NCapital Group because I have found it amazing in every service. The services provided for traders indicate the sincerity of the platform towards its clients. They have given priority to customer satisfaction instead of earning more. The platform in itself is a complete package that never compromises client satisfaction. From providing a user-friendly interface to educating its clients, from depositing low starting payments to selecting the best currency for trade, from providing customer care to providing multilayered security, on every step, it has given priority to customer’s benefit without being acquisitive.