BTG Capital: review and analysis in 2021
BTG Capital offers advantageous conditions for traders of all levels, promising to elevate your earnings to a new level. We decided to conduct a detailed analysis of the company to determine how well it lives up to its promises and to study the reviews of its clients. In this review, we have gathered all the relevant information about BTG Capital to help you make an informed decision about collaboration.
Official BTG Capital Website
The broker’s website looks appealing, although there are some design flaws. But for a user who values access to information, this is not a problem. It supports multiple languages, has a chatbot, and the data is categorized. Information about BTG Capital is available on the “About Us” page, but is also included in the footer. The company has a parent organization, Cauvo Brokerage Mauritius Ltd, registered in Mauritius. This information is confirmed in the trade register. Cauvo Brokerage Mauritius Ltd was registered in 2019, and BTG Capital, judging by reviews and the age of the domain, started its operations in 2021. Despite its short tenure, the company offers favorable conditions. The website lists a legal address, phone number, and email address. All internal documents are presented in a separate section, written in English, and contain answers to many questions.
BTG Capital Licensing in Different Countries
The parent company obtained a license from FSC Mauritius, the state regulator. This license is valid, as confirmed in the regulator’s registers. To provide services abroad, the company must have permission from the local regulator. Positive reviews from English-speaking clients indicate that BTG Capital operates successfully outside its country. This would not be possible without the necessary licenses, as European regulators quickly identify illegal brokers. In Russia, the Central Bank is the financial regulator. BTG Capital is not listed in the open database of licensees, but is also not on the blacklist where illegal companies are listed. Perhaps the license is still in the process of being obtained.
Trading Conditions and Tools
The company offers various types of accounts for traders of different levels: from “Beginner” to “VIP.” Differences lie in the initial deposit, access to assets, and exclusive information. Detailed conditions, such as spreads and commissions, are available only after registration and logging into the personal account. The same applies to the platform: the download link is provided after registration. The site offers a variety of tools for analysis, such as technical analysis, price charts, trading hours, and more. With patience and a willingness to learn, these tools will help develop a successful strategy.
Reviews of Working with BTG Capital
Despite its recent entry into the market, the company has enough online reviews. Most of them are positive, pointing to good conditions and quality service. Negative reviews are mainly related to the lack of real offices in Russia and slow technical support. Overall, clients leave good reviews, but everyone should assess the risks and make a decision about collaboration consciously.
Summary of the Expert Review on BTG Capital
BTG Capital is managed by a parent company registered in Mauritius and holding a license from FSC Mauritius. Despite the absence of a license in Russia, the company has a good reputation and positive client reviews. Make a decision about collaboration carefully, assessing risks and using reliable sources of information.
My experience with BTG Capital in 2021 has been extremely disappointing. From the onset, their customer service has been below par, lacking professionalism and quick response times. The lack of transparency is another big issue, hidden fees and charges appeared more than once in my account without any prior notification. Software glitches also seem a common problem with this broker, and these glitches have resulted in financial losses for me. The final straw was the difficulty in withdrawing my funds. Their process is unnecessarily arduous and time-consuming. Overall, I would not recommend BTG Capital, there are many more reliable and reputable brokers out there.