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/10

ISLERO CAPITAL

Mauritius Mauritius | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.islerocap.com/en/

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Contact

https://www.islerocap.com/en/
VIEUX CONSEIL STREET 4TH FLOORs, LES JAMALACS BUILDING PORT LOUIS MAURITIUS

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
Islero Capital Ltd
Address
VIEUX CONSEIL STREET 4TH FLOORs, LES JAMALACS BUILDING PORT LOUIS MAURITIUS
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • islerocap.com
    3.33.251.168
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

Islero Information

Islero is a broker without regulation. It was founded in the previous year in Mauritius. It provides competitive trading conditions, with leverage up to 1:500 and cheap spreads starting at 0.1 pip. Its unregulated status makes it unsafe.

Islero Information

Pros and Cons

ProsCons
Low cost with pread from just 0.1 pipsUnregulated
Super fast order executionsNot supporting MT4 platform
Trade 5 types of instruments
24/7 customer support and expert assistance
Pros and Cons

Is Islero Legit?

Islero is unregulated with its domain registered on December 23, 2017. Furthermore, notable regulatory bodies like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK do not oversee Islero.

Is Islero Legit?
Is Islero Legit?

What Can I Trade on Islero?

A variety of trading products are available from Islero, such as CFDs on stocks, commodities, indices, Forex, and cryptocurrencies. However, bond CFDs are not available.

Tradable InstrumentsSupported
Forex Trade
Commodities
Stocks CFDs
Indices
Cryptocurrency CFDs
Bond CFDs

Account Type

The broker offers three types of live trading accounts: Pro Account , Elite Account, and Islero Premium Account. Each account is different to its individual trading preferences and funding needs.

Account TypeLeverageMin DepositCommissions
Pro AccountUp to 1:500$0$0.00
Elite AccountUp to 1:500$0$6.00
Islero Premium AccountUp to 1:200$5,000$0.00
Account Type
Account Type

Leverage

Islero offers leverage up to 1:500 to help traders increase the size of their investments in the market. While high leverage can bring substantial gains, it also increases the risk of losses.

Leverage

Islero Fees

Islero spreads

Islero's Pro Account offers floating spreads, while both the Elite and Premium accounts feature raw spreads starting from 0. This spread structure can accommodate traders with different strategies and needs.

Trading Platform

The Islero platform supports the MT5 trading system, which allows mobile devices and desktop systems (including Windows and macOS). The platform offers advanced analytical tools and fast execution features, making it particularly suitable for experienced traders.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Mobile and Desktop(Windows&macOS)Experienced Trader
MT4Mobile and Desktop(Windows&macOS)Beginner
Tradingweb PlatformWindows, Web Browser, Android, MAC, iOSHigh-volume Traders, Scalpers, and Robots

Deposit and Withdrawal

Deposit requirements at Islero differ depending on the kind of account; for Pro and Elite Accounts, the minimum deposit is$0; for the Islero Premium Account, it is $5,000.

Customer Service

The broker provides 24/7 customer support. If you have any questions, you can contact them via phone, email and live chat.

Contact OptionsDetails
Phone+23055091810
Emailsupport@islerocap.com
Online ChatAvailable
Physical AddressVieux Conseil Street 4th Floor, Les Jamalacs Building, Port Louis, Mauritius

The Bottom Line

Islero is an unregulated broker with less than a year of experience, which is not safe. It is a good choice for experienced traders because of its low spreads from 0.1 pips and high leverage of up to 1:500.

FAQs

Is Islero good for beginners?

Islero offers Pro and Elite Accounts with no minimum deposit, making it accessible for beginners.

Is Islero good for day trading?

Yes, Islero provides competitive low spreads and high leverage, which can benefit day traders looking for quick execution and cost-effective trades.

Is it safe to trade with Islero?

No, trading with Islero carries risks due to its unregulated status and limited operational history.

Risk Warning

Online trading is risky and not for everyone. Please understand the risks and notice that information may change.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is ISLERO CAPITAL safe to trade with?

Islero Capital's operational safety is a significant concern, as it operates without credible regulatory oversight from any top-tier financial authority for its forex and CFD trading activities, placing client funds and legal recourse at heightened risk.

04-02
United States

What is the regulatory status of ISLERO CAPITAL?

Islero Capital Ltd is not regulated for forex and CFD brokerage. It holds a single Securities Trading License (EP) from Mauritius's Financial Services Commission (FSC), which is officially listed as 'Unverified' and does not authorize retail forex activities, meaning the firm lacks a valid regulatory framework for its core business.

04-02
United States

Is ISLERO CAPITAL suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose ISLERO CAPITAL or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with ISLERO CAPITAL?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States
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