Nostra Capital Broker Review 2021
Although it’s not good to judge the book by its cover, this time we have to do that. Nostra Capital is a Forex broker that has one of the simplest, yet functional websites we have ever seen. Yes, the design depends on a personal preference and that’s why it’s not so relevant, but we have to say that Nostra Capital has an additional plus from us, for creating something like this.
Tradable Assets at Nostra Capital
Clearly, we are dealing with a broker who understands how important it is to give clients an option to choose. Nostra Capital has an offer of more than 200 tradable assets, and no matter the account, you can choose each one of them.
They are divided into classes, so you get to choose between Forex, Commodities, Indices and Cryptocurrencies. Everything is at your disposal, so it’s up to you to select the one you prefer. Of course, our advice would always be to discuss with their account manager what is the best option for you, but before you do that, visit the Asset Index page to find out more about every asset that is available.
Nostra Capital Trading Platform Features
As a Nostra Capital client, you can use the trading platform without installing any software. It’s a completely web-based solution that doesn’t require downloads. The only necessary thing is an Internet connection and account at Nostra Capital.
As we already said, there are more than 200 tradable assets and the complete list is located on the trading platform. The middle part has asset classes and it’s up to you to select the one that you prefer. So, you can choose between crypto pairs and popular stocks such as Lufthansa, Hugo Boss and many more. On the left side of those assets, you can manage your account, see closed positions, add deposits, etc. And the right part contains a fully customizable chart.
The most important thing about this platform is the fact it’s fully optimized. This means that you can trade on any device without interruptions. We spent some time testing the platform and the only thing we can say is that it completely satisfied all our expectations. You can manage through it easily and there is no need to have any experience before using it.
Account Types Offered at Nostra Capital
The diversity of account types is one of the most important things in Forex trading. At Nostra Capital, there are four different account types and each one of them has some unique conditions. So, no matter the level of experience, you will find something suitable for you.
The first account is Basic and it has a deposit requirement of 250 EUR. As the name itself says, within this account, you will have the most basic conditions such as the ability to trade with over 200 assets, market review and leverage up to 1:100.
If you want to have better benefits, we advise you to skip the Basic account and move directly to the Silver one where you have to deposit 10,000 EUR. Here, you will have financial and risk management planning, gold spreads, bonus funds, dedicated senior account manager, special venture promotions and monthly webinars.
The next account is Gold and this time you need to deposit 25,000 EUR or more. Of course, if you become a Gold member, you can enjoy the private analyst sessions and prioritized withdrawal. Also, webinars are weekly and you will get trading signals.
The last option is Platinum and for this account minimum deposit requirement is 100,000 EUR. Needless to say, trading conditions within this account are impeccable and you will have VIP spreads, leverage up to 1:400, complete access to trade room analysis and webinars, access to lucrative VIP events, and Level One prioritized withdrawal process.
Overall, we were amazed by this offer once we saw it for the first time. Each trader will be able to find something that will fit its needs and the best thing of all, even if you choose the smallest account, you will still have decent conditions, considering that you have to deposit just 250 EUR.
Withdrawal and Deposit Methods at Nostra Capital
As a deposit method, you can choose Credit Card, Bank Wire or a Bitcoin Transfer. As usual, all deposits are instant and there are no fees for them. On the other hand, withdrawals take some time and you will have to pay a small commission each time you decide to withdraw money.
First of all, each withdrawal requires an Identity Verification that takes a bit more time. This will keep your funds safe, so we do not mind waiting. It’s a simple process, after all, you have to send them some documents and after the verification, you will be able to continue with withdrawal.
Withdrawal methods are the same as the deposit ones but there is one requirement — you have to use the same one that you used for the deposit. The minimum amount for withdrawal is 100 USD/GBP/EUR if you are using a Credit Card or Bank Wire and the equivalent of 250 USD if you choose the Bitcoin method.
The one thing that surprised us is the commission for withdrawal. Nostra Capital kept it very low and the only thing you have to pay is 1% for each withdrawal. The whole process will last between seven to ten business days, which is not long at all, considering that Nostra Capital takes care of every security step. Also, it’s important to emphasize that each account has different withdrawal prioritization, so if you are a Platinum member, the withdrawals will be almost instant.
Is the Nostra Capital Team Helpful?
Proper customer support is a mandatory thing for every Forex broker. Unfortunately, not many brokers understand that, but apparently Nostra Capital is different. There is a contact page in the main menu and it contains four different contact methods: Phone Line for Australia (Monday to Friday 08:00 – 12:00 GMT), support email, online form and Live Chat.
Although our favourite option is Live Chat, because that’s the place where you can receive an immediate answer, we have to say that the online form is so great at Nostra Capital. You have to add your name, email address and type the message. After that, you just need to choose the department (Customer Support, Trading Platform Assistance, General Feedback and Compliance) and wait for an email in your Inbox. What we love the most is the fact that you can choose the right department, which means your reply will arrive much faster.
Since we always want to check the responsiveness, we decided to test the Live Chat just to see if the reply is immediate. Well, it is. As soon as we sent our question, one of the agents welcomed us and gave us all the instructions we needed. So, not only was he polite but knowledgeable as well.
Shall I Trade with Nostra Capital?
At the end of this Nostra Capital review, we are happy to say that this broker is a legitimate one. After we tested everything, it turns out that here you will be respected as a client and we can recommend it without hesitations. The only thing you need to do is choose the account that fits your needs and if you cannot decide, customer support will be there to help you and make the whole process easier.