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Elland Road Capital Review 2024

Min Deposit
Min Spread
Max Leverage
Broker Trust

Table of Contents


Elland Road Capital is a South African-based broker that offers forex and CFD trading on various markets, including ,futures  commodities,cryptocurrency, shares and indices. Moreover, the broker is regulated by the South African Authorities, Financial Sector Conduct Authority (FSCA) and  Financial Services Provider (FSP). 

Quick Glance

Regulation and License FSCA, FSP
HQ Cape Town, South Africa
Year founded 2022
Leverage range Up to 1:400
Min deposit $250
Platforms MT4, Proprietary, Trading Platform
Tradable Instruments Forex, Cryptocurrencies future, Commodities, Shares and Indices
Demo account Yes
Base Currencies EUR and USD
Customer support 24/5 customer support in 19 languages
Publicly traded No
Crypto Yes
Official Website https://ellandroadcapital.com/

So, Why Should You Trade On Elland Road Capital?

If you are a Forex and Crypto enthusiast, Elland Road Capital is the right pick for you! It offers leverage of up to 1:400 and even a demo account. As a novice trader, you will get a $10,000 virtual balance in your demo account to try out the features and test their trading strategies.

Also, there is an interesting fact that, as a client, you must know about your broker. The word Elland Road comes from an iconic football stadium in Leeds, West Yorkshire, England. How cool is that! You can go football and trading hand-in-hand (kidding).

Let’s come back to the discussion. Elland Road Capital offers traders of all experience levels and diverse backgrounds. As a result, you can trade stress-free, with tight spreads, reliable execution speeds and no hidden charges! 

Moreover, Elland Road Capital is paving the way towards dexterity; with its trader-centric design and execution, anyone can achieve their financial goals!

Is Elland Road Capital A Scam? Let’s Find Out!

Elland Road Capital PTY LTD is authorized and regulated by the South African agency, Financial Sector Conduct Authority or the (FSCA), with FSP License Number 52127. 

Moreover, Elland Road Capital’s registration number is 2021 / 939672 / 07, with their registered office address: 162, 1st Floor, Willow Bridge Centre, Carl Cronje Dr in Cape Town, 7530, South Africa.

With such tight registrations and regulations, it is clear that Elland Road Capital is not a scam but a legit trading platform!

Elland Road Capital Login & How To Create New Account?

This set of information is important to get a quick start.

How To Create A New Account At Elland Road Capital?

Following Are The Instructions To Create A New Trading Account At Elland Road Capital

  • Firstly, open the Elland Road Capital’s official website and select the “Create Account” icon.
  • Correctly enter your name, email and password.
  • Select your residing country and also agree to the terms & conditions.
  • At last, Click on “Create Account”. 

After all this, you will get an email from Elland Road Capital to verify your account. Click on the verification and verify your account. Once verified, log in and start trading. 

Elland Road Capital Login

The Elland Road Capital Login process is simple and hassle-free. There are three basic steps:

  • Open the Elland Road Capital website and click the “Login” icon.
  • Now, correctly enter what asked, your email address and password.
  • Click Login!

What If You Forgot Your Password?

Worry Not; it is easy to recover. Just click the “Forgot Password?” link and reset your password per the instructions. Then, login, access your account and start trading.

Elland Road Capital Review: Pros and Cons

Pros Cons
Good selection of CFD trading instruments Scope for more educational content
Very competitive trading conditions for all traders Minimum $250 deposit
Trading expanding strategies with free trading tools No zero pip spread accounts
Various account types that fit specific needs US traders not allowed 
The choice between Elland Road WebTrader or MT4 platform
Excellent assistance 24/7 from a multilingual customer support team

Elland Road Capital Review 2024: Deposits, Withdrawals & Security 

Deposit Methods

The minimum deposit amount at Elland Road Capital is only $250. And according to Elland Road Capital Review 2024, it is relatively low compared to other industry players. 

Moreover, Elland Road Capital lets you fund your account via many methods, including Credit Cards, Debit cards, Wire transfers, and APMs.

Withdrawal Methods

The withdrawal process is relatively fast and simple. Withdrawal request gets approved within 3-5 business days. 

Well, the kind broker doesn’t charge any sort of deposit fee, regardless of the payment method. However, as a trader, you are liable for a withdrawal fee, which generally varies depending on the method used. 

Moreover, Elland Road Capital Review 2024 shows that most traders prefer Wire transfer to withdraw their funds. Well, the flat broker charges for this method are nearly $30. Whereas Credit cards, Debit Cards, Prepaid Cards, and E-Wallets attract only 3.5% withdrawals.

Payment Security

Elland Road Capital is ultimate in terms of security. Both deposit and withdrawal methods are highly-secure with the latest 128-bit SSL encryption to protect your data. Moreover, traders don’t need to worry about the safety of funds as they are stored in segregated accounts with leading banks. 

Fees Information For Traders

Elland Road Capital Review suggests its transparent and reasonable fee structure. Moreover, the primary source of the broker’s fees is the spread. To give you a clearer picture, a spread is a gap between the broker’s bid and ask prices when exchanging or trading currencies.

Well, according to Elland Road Capital Review, the average spread on major currency pairs is around 0.9 pips (for VIP accounts), which is relatively lower than other brokers. 

As mentioned above, deposits are free, but withdrawals attract a nominal fee of 3.5% on Credit cards, Debit cards, Prepaid cards, and E Wallets, and $30 for wire transfers. 

Moreover, the inactivity fee is $80 if the account remains inactive for over 30 days. Finally, the monthly maintenance fee is about $10, which covers the costs of keeping the fund operational.

Lastly, Elland Road Capital also charges a swap or overnight fees, a standard industry practice.

Fees Type Elland Road Capital
Deposit fee Free
Withdrawal fee 3.5% on Credit Card, Debit Card, Prepaid Card and E Wallets, $30 for wire transfer
Inactivity fee Starts at $80 if inactive for over 30 days

Spreads Information

As mentioned above, Elland Road Capital’s average spread starts at 0.9 pips on its VIP account. Moreover, the broker offers floating spreads that can change according to market trends. The benefit is that they can be narrowed down during low market volatility and broader during periods of high market volatility.

However, on the Classic account, the spreads are 2.5 pips for EUR/USD, 2.8 pips for GBP/USD, 2.8 pips for USD/JPY, and $0.14 for crude oil. Elland Road Capital Review concludes that the overall spreads are more competitive than other industry players.

Swap Fee Information

The broker charges swap or overnight fees for open positions after the markets close. It helps traders to extend their position overnight, eliminating the need to pay the total asset price.

However, it is only charged if you keep a position open overnight. Moreover, the fees usually depend on the current interest rates and whether you are long or short-selling. 

For long selling, you will be charged the breach between the interest rates of the two currencies. On the other hand, for short selling, you will be charged the difference between the interest rates of the two currencies minus the broker’s commission.

Swap Discount Period

The broker also offers a swap discount period on their Gold and VIP accounts, a margin call of 100%, and a stop-out level of 20% on all accounts.

Moreover, Elland Road Capital has also implemented AML (anti-money laundering) and KYC (know your customer) policies to prevent fraud and money laundering.

Tradable Markets At Elland Road Capital 

The broker offers a wide array of markets for trading: Forex, Cryptocurrencies, Future, Commodities, Shares, and Indices. So let’s do Elland Road Capital Review for markets one by one. 

1. Forex

The broker lets you trade in over 50 currency pairs. The most popular pairs among traders are EUR/USD, GBP/USD, AUD/USD, and USD/JPY. Moreover, you can trade on leverage up to 1:400 and meanwhile enjoy tight spreads starting from 0.9 pips. 

You can easily trade in forex with MT4 and Elland’s proprietary virtual trading system. In addition, the broker also supports MT4 mobile trading apps so that you can trade anytime and anywhere! In a nutshell, it’s a great trading experience. 

2. Cryptocurrency

The broker lets you trade in cryptos like Bitcoin, Ethereum, Litecoin, and Ripple with the ultimate leverage of 1:2. Moreover, cryptocurrency futures are incredible instruments owing to their volatility.

With the cryptocurrency future, you can take advantage of both rising and falling markets. The platform also lets you monitor your positions and manage risk with stop-loss and take-profit orders.

3. Commodities

One can trade precious commodities like gold, silver, crude oil and natural gas. Moreover, traders prefer commodity futures as they offer the opportunity for long and short positions in the market. 

With commodity futures, you can trade on 1:100 leverage and enjoy a commission of $0.14 with a user-friendly interface and competitive trading conditions.


Elland Road Capital offers CFD trading in nearly 160 CFD assets from Bluechip tech giants like Apple, Google, Facebook, and Amazon. Moreover, you can trade on leverage of 1:20 and take leverage of tight spreads starting at 0.1 pips.

5. Indices

You can trade CFDs on major indices like S&P 500, NASDAQ 100, and Dow Jones 30. Moreover, Indices offer the opportunity to trade on the overall market’s performance. 

They are highly liquid, and at Elland Road Capital, they are highly advantageous, with spreads starting from 0.9 pips and leverage up to 1:100.

Leverage Information

Elland Road Capital offers leverage of 1:400 for forex trading, 1:200 for commodities and 1:5 for shares.

For instance, if you hold a $250 balance with leverage of 1:400 ratio, you can trade up to $100,000. Such high leverage can indeed make big profits but could also lead to big losses. However, you can apply stop-loss orders to limit your losses. 


1. Elland Road Capital MT4

One can trade virtually with Elland Road Capital via its MetaTrader 4 (MT4) platform. It provides effortless access to the global market from any device.  

The MT4 platform is versatile and could be tailored per traders’ preferences. Moreover, you can use various charts, timeframes and technical indicators to keep a check on your trading instruments. 

However, the key features of the Elland Road Capital MT4 platform are:  

  • Access to 160+ CFDs
  • Customisable layout and chart templates
  • Technical indicators
  • Automated and manual trading
  • Multiple charts and timeframes
  • One-click trading from the charts
  • View and savings account history
  • Price set alert notifications
  • Available on all devices

2. Elland Road Capital WebTrader

This super advanced WebTrader platform comprises everything you need to analyse and trade with minimal hassle.

Some of the key features of the Elland Road Capital WebTrader platform are:

  • Access to 160+ CFDs
  • Free Trading Analysis tools
  • Completely Web-based
  • 3 Clicks easy Transactions
  • Stop Loss and Take Profit Calculators
  • Transactions records available


The MT4 platform is already loaded with tools and information. There are designated tools, from analysing charts to managing trades.

You can also access the MQL marketplace, leveraging thousands of other tools to enhance the platform’s capabilities. The cherry on top, if you know how to code, you can also code your trading tools.

The possibilities are limitless with the MT4 platform, which is why it has remained dominant in the CFD trading market.


There isn’t much educational material on the Elland Road Capital website. However, they have a vast section of FAQs that could answer some basic queries. They could have done it better and provided trading guides.  

Nonetheless, they do have an option for a free demo trading account which is one of the composite ways to learn to trade. 


With Elland Road Capital, you can trade on a wide range of over 160 CFDs, stocks, crypto futures, indices, and commodities. So there is something for everyone! The most impressive is the forex pairs, which include all the major and exotic fx crosses that one might expect from a top broker.

As per experts, one of the major advantages of trading in CFD is that you can keep an eye on the price fluctuation without having to physically own it. 


Elland Road Capital has account types depending on your trading aim. However, all accounts feature the same leverage of 1:400; the only difference they possess is spreads.

Moreover, the VIP account offers the lowest spreads, starting from 0.9 pips on the EUR/USD. The best part with tight spreads is the broker does not charge any commission.

The broker offers negative balance protection regardless of account type. Demo trading accounts are also available to practice your trading strategies in a risk-free environment. 


Elland Road Capital is aware of the challenges with online trading, and hence their customer support team is by your side to assist in a whole possible way. The team assists 24X7 with quick response and assistance. 


You can choose from an array of funding deposits and withdrawal options. Elland Road Capital trading account features various convenient funding methods, from bank transfers and card payments to APMs.

Final Words

Overall, Elland Road Capital has a solid offering. They also provide quick access to the global financial markets. In addition, it lets you trade CFDs in very competitive conditions. 

Moreover, you can purchase and sell various CFD instruments via the user-friendly platform, compatible with all devices. The minimum deposit requirement is low; free demo accounts are a big hit. Further, it is backed by an excellent customer support team, present 24/7. In a nutshell, it is soothing to see a client-focused broker who only wants to help you succeed.


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