Pais Capital Group Review – Stay AWAY!

Pais Capital Group (Paiscapital.com) is a brokerage service which offers a lot of instruments such as forex, stocks, commodities and indices under one platform. Though they are relatively new to the sector, they seem to have a notorious history and some regulators have put up warning against them. The leverage offered by them tops out at 1:400 and their trading conditions are a little outrageous to say the least.

They do offer managed account services, but know that due to the conflict of interest present, it is not a wise choice to join them. This broker does not offer demo accounts which is a cause for concern as clients won’t know what to expect from them in terms of spreads, order execution time, etc. However, you need not worry because once you go through our review, you will have all the information you need to make an informed decision about them.

Licenses, Legality and Customer Support

One of the important duties of retail clients is to ensure that the broker they are dealing with is regulated. While there are a number of benefits of choosing unregulated parties like high leverage and tax benefits, you need to remember that safety of the funds is never guaranteed with them. So, always exercise caution when it comes to investing online.

Pais Capital Group claims to be regulated by the commercial and economic bodies of the European Union (EU) H2053 with the license n.789398. However, you need to know that Spain regulatory authorities have black listed them and even has put up a public warning against this firm. So, regulation wise, they are not credible.

Moving on to the customer support aspect, if you need any assistance on their platform, you can reach the staff via email and telephone. We have listed all the contact details of this organisation below, use them if you need to get in touch with them.

Address – Oficina Central Austria Hauptplatz. 19, 2500 Baden

Telephone – +34 910 085 980

Email – info@paiscapital.com

Trading Instruments, Leverage and Conditions

The entire number of trading instruments is not listed by them, but as far as forex is considered all the major pairs are present. With regards to stocks, commodities and indices we don’t have a clue about the available assets as they don’t offer demo accounts. Either way, know that there are much better alternatives available which are a lot safer.

There are 6 account types wherein as a rule of thumb for higher deposit amount, you will get additional exclusive benefits and features such as increased leverage and personal account managers. Talking about leverage, it ranges from 1:100 to 1:400. Remember, higher leverage means the risks and rewards are both amplified.

So, unless you have experience and a solid strategy, you should never mess with it. Leverage and margin requirements are different for stocks, commodities and indices. So, make sure that you have understood the contract requirements before triggering any trade.

Charting Solution, Educational Materials and Platforms

This broker does not support MT4 or 5 platform which means it might be a deal breaker for many retail traders. Lack of MetaTrader interface means, you won’t be able to plug in customized templates, indicators and charts. There is no social trading or algo trading on this platform, but they do offer managed account services. Considering how trading bots are trending in the current environment, many traders might be hesitant to proceed without using them and that is bad news for Pais Capital Group.

We couldn’t find any performance reports of the managed account, but considering the conflict of interest between managers and clients, indulging with it has high chances of killing your account balance. Their website contains a lot of general information around the world of trading.

However, nowadays many brokers make an effort to educate their clients and a lot of them also do a better job at it compared to this one. As there is no free trial provided by them, we don’t have a clue about what to expect from their default platform. Anyways, we strongly recommend you to get a third party charting solution if you are fixated on joining them.

Deposit, Withdrawal and Inactivity Fees

The minimum deposit and withdrawal amount is not stated by them anywhere on their website. With regards to the inactivity fees, they charge 10% monthly dormant fees or a flat $85 which is outrageous. Most brokers nowadays have made inactivity fees a thing of the past and the ones who still allow them charge the fees at least after one year.

Lack of information and unfavorable conditions are some of their traits which is the reason many traders are afraid to indulge with them. Moving on to the funding methods and processing time, they accept wire transfer and major credit cards. According to their website, withdrawals are usually processed within 5 days. 

Pais Capital Group Review Conclusion

Pais Capital Group is not the broker you want to get stuck with. Their trading conditions are harsh, they have notorious history and they don’t even have good liquidity providers. Keeping your best interests in mind, we strongly recommend you to stay with regulated brokers which will ensure the safety of your funds to the highest level. Trading is already difficult and you don’t need a broker like this one to add on to the odds already present.

Do you agree with our review about Pais Capital Group? Would you like to add other important facts about them? Feel free to let us know your thoughts by commenting below.