Review of Capex Online Trading Broker
Established in 2016, Capex is a Cypriot based broker that is managed by a company called Key Way Investments Limited. The broker’s operations are regulated by the Cyprus Securities & Exchange Commission under the CIF license number 292/16. The head office of Capex is located at Suite 2, Ellicott House, GX11 1AA, Gibraltar.
As a CySEC-regulated broker, traders at Capex are covered under the Investor Compensation Fund (ICF) in the event that the broker is rendered insolvent. And, despite being a newly established broker, Capex is already earning a positive reputation for being a reliable and trustworthy online trading broker.
- Minimum deposit: $100
- Max Leverage: 1:30
- Spread: Fixed
- Forex Licenses: CySEC
*77.09% of retail investor accounts lose money when trading CFDs with this provider
Forex Account Types at Capex Broker
Capex offers three main types of trading accounts, namely Capex Essential, Capex Original, and Capex Signature.
The Capex Essential trading account is geared towards beginner traders. It requires a minimum deposit of $1000 to open and offers access to the Capex WebTrader and MT5 trading platform. The account also allows you to access a demo account. Other features of this trading platform include free daily market reviews and research, limited access to the video library, and third-party daily market recommendations. Account holders will also be attended to twice a week by a dedicated account representative.
To open a Capex Original trading account, you’ll need a minimum deposit of $5,000. Features of the account include free daily market reviews and researches, personal attention by a dedicated account representative three times a week, limited access to the video library, daily market recommendations from third parties, and open access to research. The account also offers more attractive trading conditions.
Lastly, the Capex Signature account is the premium account for traders who want more than the standard offering. It requires a minimum deposit of $25,000 and comes with all the benefits of the Capex Original trading account and more. Additional benefits of the Capex Signature account include access to Trading Central, SMS notification from Trading Central, and face-to-face interaction with a dedicated account rep.
All the above-mentioned accounts offer Capex traders access to more than 2000+ types of instruments. They cover different asset classes such as Bonds, Commodities, Cryptocurrencies, ETFs, Forex, Indices, and Shares.
What’s On Offer at Capex?
Capex specializes in offering its clients trading opportunities with just CFDs. The broker does not offer spot market trading. With the Capex offering, traders at Capex have access to 50+ forex pairs, 4 types of bonds, 19 types of commodities, 6 types of cryptos, 2000+ stocks, 30+ ETFs, and 26 international indices.
What Trading Platforms Are Available at Capex?
The trading platforms at Capex comprise the WebTrader and MetaTrader 5 trading platforms. With the WebTrader,Capex’s traders can access the financial markets immediately without having to download any proprietary software to install onto their desktop computers. Instead, they just access the WebTrader with any normal web browser. The WebTrader is designed for ease of use and requires no formal training to operate. Features of the trading platform include the following:
- Advanced charts
- Customizable layouts
- Negative balance protection
- Risk management tools
- Sophisticated analytical tools
- Trading Central
- User-friendly interface
The second trading platform offered by Capex is the MetaTrader 5 (MT5) trading platform. The MT5 platform was designed specifically to cater to Capex trading. Developed by MetaQuotes Software, the MT5 offers:
- 30 built-in indicators
- 9 timeframes
- Access to 2,000 free custom indicators
- Customizable tools
- Easy-to-access control panels
- Instant execution
- Intuitive navigation interface
- Multi-window views
- Watch list
Both versions of the trading platforms provided by Capex come with Android and iOS mobile apps. In other words, Capex traders can trade from anywhere in the world where they have internet access.
News and Education at Capex
In the areas of news and trader education, most brokers find it difficult to stand out unless they can tap into the kind of resources which the big players in the industry have access to. It is fair to say that the content of Capex’s educational academy is pretty modest. The educational content of the academy consists of 1 ebook, 14 beginner-level training videos, and 24 advanced training videos.
For the news section, the coverage is pretty impressive though. Traders are given a daily summary of what has been happening in markets around the world. The news section also has feature articles which provide traders with better insights into the developments in the financial markets.
From our observation, Capex has managed to deliver what it has set out to do. One of the primary goals of the broker has been to equip its traders with all the tools they need to trade the financial markets. In this department, the broker has succeeded with its provision of the powerful MT5 trading platform and its advanced proprietary WebTrader. Another goal of Capex has been to provide traders with an “optimal trading environment”. Again, the broker has been successful in this regard as the broker is well regulated by CySEC.
Can I trust Capex?
Yes, Capex can be trusted as it is regulated by CySEC, a MiFID-compliant regulatory agency.
How do I open a Capex account?
To open a trading account at Capex, click on the green “Start Trading” button located at the top right-hand corner of Capex’s homepage. Next, fill out all the required fields in the registration form and then click “Create Account”.
Is Capex a scam?
No, Capex is not a scam broker. It is a bona fideCapex broker that is regulated by CySEC, one of the top-tier financial regulators in Europe. In addition, the broker has won many awards that bear testimonials to the high-quality services it provides.
How do I get a premium account atCapex?
To obtain a premium account at Capex, you need to first meet the minimum deposit requirement for the Capex Signature account, which is $25,000.
|Languages||English, Italian, Spanish, German, Romanian, Polish, Czech, Arabic|
|Deposit Methods||Visa, Mastercard, Neteller, Skrill, Maestro, Trustly|