CNPC Capital
Promotion “SiteName” – financial intermediary No.1
Company “SNPS Capital” represents a new wave of financial intermediaries, aiming to establish itself as a broker of a new generation. The official website cnpc-capital.net is currently available only in English. The screenshot below demonstrates the main page of the site.
First, it is important to note the absence of information about the registration country of the financial intermediary CNPC Capital. The website cnpc-capital.net does not indicate the country of origin of the company, there is no mention of the main office address, registration documentation, or even a phone number, the code of which could indicate the jurisdiction of operation.
Another important point is the lack of information about licenses on the cnpc-capital.net website. This brokerage center operates without the necessary permits, is not subject to any regulation, which raises doubts about its legality and reliability. Moreover, in the absence of documents such as “Client Agreement” and “KYC Policy,” mandatory for such companies, clients are left in a vacuum.
Company’s trading opportunities
Despite the relatively uninformative official website of cnpc-capital.net, access to various trading assets is provided. SNPS Capital brokerage center offers trading in:
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stock indices,
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energy futures, agricultural commodities, and precious metals,
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major currency pairs.
The total number of available trading assets is limited and amounts to several dozen. It is worth noting that this concerns CFD trading.
The trading platform is the online terminal WebTrader, which operates in the browser of any device. Among the declared advantages of WebTrader are:
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real-time display of charts and quotes without delays,
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ability to use all analytical tools, from trend lines and indicators to support and resistance levels,
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section for publishing current news and analytical reviews,
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detailed information on the current account status, transaction history, and all active deals provided,
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risk control tools,
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simple and intuitive interface.
CNPC Capital does not offer different types of trading accounts. All clients have the opportunity to trade with a minimum deposit of $20, a leverage of up to 1:30 is guaranteed, and fixed/floating spreads from 0.1 pips, depending on the asset. Information about other trading conditions, including Margin Call and Stop Out, is not available.
To start cooperation with the broker, registration is required (a procedure that takes a few minutes), undergo verification, i.e., confirm your identity by providing the necessary documents. After that, you can deposit funds and start trading.
Account funding and withdrawal
There is no information about account funding and withdrawal. Available payment methods are not disclosed. Information about commissions, time frames for crediting funds, and limits is absent.
Conclusions
Overall, the impression of this intermediary can be characterized rather negatively. The broker conceals all legal information about itself, including internal, registration, and regulatory documents. Additionally, the company’s website lacks contacts and does not explain the terms of deposit/withdrawal of funds. Perhaps the only advantage of the broker is the low minimum deposit. To obtain additional information about the operation of this brokerage center, attention should be paid to reviews of CNPC Capital.