CAPEX.com Review |
|
| 📅 Year founded |
2016 |
| 📈 Multiple top-tier regulation |
Yes |
| 📍 Headquarters |
Limassol, Cyprus |
| 🌍 Country of regulation |
Seychelles / Cyprus / South Africa / United Arab Emirates |
| ✅ Regulators |
FSA / CySec / FSCA / ADGM |
| 📈 Execution Type |
Market Execution |
| 💰 Minimum Deposit |
$250 USD |
| 🛡️ Negative Balance Protection |
Yes |
| 📉 Trading Platforms |
CAPEX WebTrader / CAPEX Mobile App / MetaTrader5 |
| ☪ Islamic account |
Yes |
| 📉 Trading Instruments |
Forex / Indices / Bonds / ETFs / Commodities / Shares / Cryptocurrencies |
| 📱 Mobile trading |
iOS / Android / Windows |
| 💳 Payment Types Accepted |
Debit and Credit Card / Bank Wire Transfer / Skrill / Neteller / Cryptocurrencies coming soon |
| 🎮 Demo Account |
Yes |
| ⓒ Copy Trading |
Yes |
| 🎁 Bonus Offer |
First Deposit Bonus / Additional Deposit Bonus / Refer-a-Friend |
| 💰 Account Currencies |
USD / EUR |
| 📈 Minimum Trade |
0.01 Lots |
| 📈 Account Types |
ECN / STP |
| 📈 Margin Trading |
Yes |
| 📈 Trading fees |
Low |
| 📈 Inactivity fee |
$30 USD after 3 months of inactivity |
| 💰 Withdrawal fee |
None |
| ☎ Customer Support |
24/5 |
| 💰 Max. Leverage |
300:1 |
| ✔️ Hedging Allowed |
Yes |
| ✔️ Scalping Allowed |
Yes |
| 💰 Commission |
Zero |
| 💰 Spreads |
From 0.1 pips |
| 💰 Leverage |
Flexible |
| 💰 Currency Pairs (Total Forex pairs) |
55 + |
| 🔢 Number of clients |
Unknown |
| 🥇 Instruments Offered |
5 000 + |
| 📙 Education |
Webinars / CAPEX Academy |
WHAT IS CAPEX.COM?
Capex.com is an online brokerage platform that focuses on providing forex and Contracts for Difference (CFDs) trading services.
Founded in 2016, Capex.com has quickly established a significant presence in the financial markets.
The company’s headquarters is located in Limassol, Cyprus, a hub for many financial services firms due to its strategic location and favourable regulatory environment.
Capex.com operates under strict regulatory oversight, ensuring a secure trading environment for its clients.
It is regulated by multiple respected bodies globally including the Cyprus Securities and Exchange Commission (CySec) in Cyprus, the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) in South Africa and by the Abu Dhabi Global Market (ADGM) in the United Arab Emirates.
These regulations not only reinforce the safety of client funds and trading practices but also enhance the credibility of Capex.com as a broker in various jurisdictions.
This multi-jurisdictional regulation helps Capex.com cater to a diverse client base while adhering to specific local requirements, thus broadening its global appeal and operational scope.
INTRODUCTION
Capex.com distinguishes itself in the competitive online brokerage landscape by offering an expansive range of over 5 000 financial instruments, catering to the diverse investment interests of traders globally. This extensive selection includes forex, indices, bonds, ETFs, commodities, shares and cryptocurrencies.
The broker has become well known for its diverse range of assets which it provides access to with low spreads and minimal commissions and fees. Additionally, the broker provides multiple research and educational tools, as well as its own proprietary trading platform.
Capex.com has certainly distinguished itself as an advanced and reliable broker within the trading industry, as will be discussed in the below review. Below is a list of the various pros and cons of Capex.com’s services, providing an outline of what can be expected with this broker.
PROS & CONS
PROS
- Extensive range of trading instruments with over 5 000 available.
- Advanced trading platforms such as its CAPEX WebTrader and MetaTrader5.
- Strong regulatory framework provided by multiple regulatory bodies.
- Comprehensive educational and research tools including the CAPEX Academy.
- No commissions charged on trades.
CONS
- A high minimum deposit of $250 USD is required to use the broker’s services.
- Fairly high inactivity fee is charged after 3 months of inactivity.
TRADING INSTRUMENTS
Capex.com offers a comprehensive array of trading instruments across various asset classes, catering to a wide range of trading preferences and strategies.
Forex
Traders have access to a vast selection of currency pairs, encompassing major pairs like EUR / USD, GBP / USD and USD/JPY as well as minor and exotic pairs.
Forex trading at Capex.com is facilitated with competitive spreads and leverage, allowing traders to maximise their trading potential based on market volatility and liquidity.
With Capex.com, traders have access to over 55 currency pairs across all their account types.
Indices
Capex.com provides opportunities to trade on some of the world’s leading indices including the S&P 500, NASDAQ and the Dow Jones Industrial Average amongst others. The broker provides access to over 15 indices from multiple exchanges across the globe.
Bonds
The broker provides access to a handful of government bonds including the GER 10Y Bond and the US TNOTE 10Y while giving traders access to leverage of up to 100:1 when trading these bonds.
ETFs
Exchange-Traded Funds (ETFs) on Capex.com cover a variety of asset classes including stocks, commodities and bonds. ETFs are particularly appealing for portfolio diversification because they offer exposure to a basket of securities, reducing the risk associated with individual investments.
Capex.com provides one of the largest selections of ETFs, with over 70 ETFs available to the broker’s clients.
Commodities
Traders can engage in commodity trading with a choice of hard and soft commodities. Hard commodities include gold, silver, oil and other metals, which are often used as hedges against inflation or currency devaluation.
Soft commodities such as coffee, sugar and wheat allow traders to speculate on changes in supply and demand driven by weather patterns, geopolitical tensions and economic developments.
The broker offers a large range of commodities, with 18 different commodities available.
Shares
Share trading is available for numerous global companies, enabling traders to take positions based on their evaluations of company performance, industry trends and broader market conditions. Capex.com provides access to markets across the globe, with 1 000’s of shares available to their traders.
Cryptocurrencies
The broker accommodates the growing interest in cryptocurrencies by offering trading on popular digital currencies like Bitcoin, Ethereum, Ripple and many more. With over 20 cryptocurrencies available, Capex.com provides more cryptocurrencies that most other brokers in the industry.
TRADING PLATFORMS
Capex.com offers its clients advanced and intuitive trading platforms, ensuring a seamless trading experience whether at a desk or on the move.
Here are the key features of the CAPEX WebTrader and the CAPEX Mobile App:
CAPEX WebTrader
CAPEX WebTrader is a proprietary web-based trading platform designed to cater to the needs of both novice and experienced traders. It requires no downloads or installations and can be accessed directly from any web browser, providing flexibility and convenience.
The broker’s proprietary platform has a range of features for traders to enjoy including a user-friendly interface, advanced charting tools, in-depth risk management features and real-time alerts and notifications.
Additionally, the platform is compatible with their mobile app, CAPEX Mobile App, ensuring that traders can access their trading accounts on the go.
CAPEX Mobile App
Understanding the need for mobility in today’s trading environment, Capex.com offers a mobile trading app that allows traders to access their accounts and trade from anywhere at any time.
The app is available for both Android and iOS devices and is designed to provide a comprehensive trading experience on smaller screens.
The CAPEX Mobile App benefits traders by providing full trading functionality, integrated market analysis, seamless account management and a customisable dashboard.
MetaTrader5 (MT5)
The broker also provides access to the world-renowned MT5 trading platform, ensuring traders have access to platforms they may already be using.
MT5 has a range of great features available to traders such as advanced charting tools and risk management tools, earning it a reputation as one of the best and most used trading platforms in the world.
These platforms are designed to offer robust security measures, ensuring that all trading activity and personal information are encrypted and protected.
Additionally, the CAPEX WebTrader and Mobile App deliver a synchronised trading experience, enabling traders to switch seamlessly between desktop and mobile without losing functionality or efficiency.
ACCOUNT TYPES
Capex.com caters to a diverse clientele by offering three distinct account types, namely the Essential, Original and Signature Accounts.
Each account is tailored to fit different levels of trading experience and investment sizes, ensuring that traders can select the option that best suits their trading style and financial goals.
While each account types enjoys similar trading conditions such as the broker’s low spreads, no commission charges and similar leverage, the accounts do differ in the following ways:
Essential Account
The Essential Account is designed for traders who do not have a significant amount of capital to invest, with this account requiring the lowest minimum deposit of $1 000 USD to get started.
This account type gives traders limited access to the broker’s video library as well as access to a dedicated account representative 2 days per week.
This account type does provide traders with open access to research, special trading conditions or Trading Central.
Original Account
The Original Account is geared towards intermediate traders who have slightly more capital to invest, with the minimum deposit amount being $5 000 USD. This account provides limited access to the video library and access to the dedicated account representative 3 days per week.
Additionally, the Original Account provides traders access to research and further special trading conditions.
Signature Account
The Signature Account is designed for advanced traders who have a larger amount of capital to invest, with the minimum deposit being $25 000 USD. This account type provides traders with full access to all features and tools offered by Capex.com, including Trading Central.
Additionally, traders will have access to their dedicated account representative on every weekday, as well as being able to arrange one-on-one meetings with their account representative.
HOW TO OPEN AN ACCOUNT
Opening an account with Capex.com is straightforward and allows traders to begin trading swiftly. The broker requires prospective traders to register their trading account with Capex.com, before submitting the relevant documents for verification.
Once all documents have been verified, traders are able to log in and access their account to deposit funds. Once funds are deposited, traders will have access to over 5 000 instruments to trade on.
DEMO ACCOUNT
A demo account is available for traders to practice and experience the trading environment provided by the broker, before deciding which account type to select.
The demo account comes preloaded with $50 000 USD in virtual funds and aims to simulate live market conditions, ensuring traders know exactly what to expect when they begin trading on a live account.
SOCIAL TRADING AND COPY TRADING
While it is unclear from the broker’s website whether or not they provide social trading or copy trading features and tools, the broker does not prohibit copy trading on its platforms.
With the wide range of social trading and copy trading tools and resources available on MT5, traders have the opportunity to implement copy trading features on their accounts.
COMMISSIONS AND FEES
Trading on Capex.com generally involves spreads and swap fees. The broker does not charge commissions on trades, as these are built into the spread, allowing traders to easily calculate their potential profit and loss.
Considering the broker’s low spreads, Capex.com should be considered as one of the most cost efficient brokers in the industry. Additionally, the broker’s swap fees are readily available on their website, further highlighting their commitment to transparency.
There are also no withdrawal or deposit fees charged by the broker, while an inactivity fee of $30 USD is applicable after 3 months of inactivity.
Catering to Muslim traders, the broker also provides a swap-free account which can be opened upon request.
LEVERAGE
Leverage at Capex.com varies by instrument and the trader’s jurisdiction due to regulatory limits. Leverage is easily adjusted once a trading account is opened, while the broker will allow higher leverage for more experienced traders.
Leverage on forex pairs can be as high as 300:1, while leverage on other instruments such as indices and commodities vary between 100:1 and 200:1 depending on the instrument.
WITHDRAWALS AND DEPOSITS
Capex.com supports multiple deposit and withdrawal methods including bank transfers, credit and debit cards, various eWallets and cryptocurrency options which will soon be available.
The broker does not charge any fees on deposits or withdrawals, however they do state that fees may be charged by third-party financial service providers.
CUSTOMER SERVICE
Customer support is available via live chat, email and phone. The broker’s customer service team is able to assist traders in multiple different languages, due to the broker’s global presence.
Additionally, customer service is available 24/5, correlating with the forex markets’ trading times.
SAFETY AND SECURITY
Safety and security are vitally important in online trading and Capex.com places a high emphasis on ensuring that its clients’ funds and personal information are protected.
This commitment is reinforced through adherence to regulations set by several authoritative bodies, each contributing to the broker’s credibility and security measures.
Capex.com is regulated by multiple respected financial authorities, which enhances its reliability and trustworthiness. These regulatory bodies include CySec in Cyprus, the FSA in Seychelles, the FSCA in South Africa and ADGM in the UAE.
These regulatory bodies are well respected and ensure the broker complies with the highest standards of safety and operating protocols.
Additionally, regulation by CySec ensures that Capex.com complies with the EU’s Markets in Financial Instruments Directive (MiFID II), which aims to increase transparency across the European Union’s financial markets and standardise the regulatory disclosures required for particular markets.
In addition to regulatory oversight, Capex.com employs advanced security measures to safeguard its trading environment and protect its clients including SSL Encryption, Two-Factor Authentication, segregated client accounts and risk management protocols such as negative balance protection.
Through these comprehensive safety measures, combined with strict regulatory adherence, Capex.com demonstrates a strong commitment to providing a secure and reliable trading environment.
This not only helps in protecting financial assets but also instils confidence among traders, contributing to a more positive trading experience.
PROMOTIONS
Promotions at Capex.com vary and currently the broker offers a first deposit bonus of up to 40%, an additional deposit bonus of up to 40% and a refer-a-friend program where traders can receive exclusive bonuses for referring friends to trade with the broker.
The terms and conditions of the above bonuses and promotions can be viewed on the broker’s website, but do include a minimum deposit amount of $250 USD to be eligible.
RESEARCH
The broker offers superb research tools and resources including market news, market analysis, webinars, an economic calendar and the well regarded Trading Central.
Trading Central can be utilised on your selected trading platform and provides a range of indicators and a patented pattern recognition which monitors the markets 24/7.
Additionally, the provision of the world-class charting platform, TradingView, ensures that Capex.com has one of the most in-depth research offerings in the market.
EDUCATION
Capex.com also excels in educational resources with the provision of webinars, a financial dictionary and their own CAPEX Academy. In the CAPEX Academy, traders have access to endless educational resources such as videos and access to free trading courses.
The options available within the CAPEX Academy are endless and both novice and experienced traders will find great value therein.
GLOBAL AWARDS
Capex.com has received several global awards recognising its innovation, excellent customer service and technological advancements in the trading community.
Some of their most recent awards include the following:
- Best Fintech Broker (2022) – Wiki Finance Expo.
- Most Innovative Broker (2022) – Forex Traders Summit.
- Best Multi-Asset Trading Platform (2022) – Forex Expo Dubai.
- Best Affiliate Program (2022) – Fazzaco Business Awards.
- Best FX Trading Platform (2021) – Forex Expo Dubai.
- Best Forex Educational Broker (2020) – Forex Expo Dubai.
- Best Trading Tools (2020) – Brokercheck.
- Best Dealing Room (2019) – Forex Awards.
SAFE OR SCAM?
In the world of online trading, the legitimacy and reliability of a broker are paramount concerns for every trader. Given the extensive regulatory compliance and the sophisticated security measures Capex.com employs, it can be considered a safe and reputable broker.
The broker adheres to regulation by multiple regulatory bodies across various jurisdictions, which is one of the most important signs when looking for a reliable broker.
Regulatory requirements by CySec, the FSA, the FSCA and ADGM are some of the most stringent in the world, highlighting the broker’s commitment to safety and transparency.
Additionally, with the implementation of segregated client funds, it ensures that clients’ funds are protected by being held in a different bank account to that of the broker’s funds.
The broker also implements strict security measures as discussed in the safety and security section, further adding to Capex.com’s reputation of being a safe and reliable broker.
While no trading environment can be entirely risk-free, Capex.com has demonstrated a strong commitment to creating a secure and transparent trading environment.
The combination of rigorous regulatory oversight, comprehensive security measures and a transparent operational approach reassures traders that Capex.com operates with integrity and reliability.
CONCLUSION
Capex.com stands out for its comprehensive offerings, strong regulatory framework and commitment to trader education and safety.
With the broker’s provision of in-depth and high quality resource and educational tools, useful to traders of all experience levels, the broker proves its commitment to ensuring its clients’ success.
The broker provides a wide range of trading instruments and excellent trading platforms for traders to utilise in their strategies. Additionally, the broker’s low costs and tight spreads further add to the overall quality of their trading environment.
From the above review, it is clear to see that Capex.com is a fantastic broker and is highly recommended by the team at Brokersuggest.com.
