Capitalix is a modern and safe forex trading broker. Any level trader, regardless of experience, can begin trading with Capitalix broker. However, they are comparatively new in the forex industry. As a result, traders tend to get confused about the broker’s acceptability. That is why we have researched this broker and come up with a comprehensive Capitalix review.
Let’s go through this Capitalix broker review and decide for yourself.
Is Capitalix a Scam?
This is a question that has come up many times in forums and different blog posts on scam brokerages. Although Capitalix doesn’t have a regulatory license from any top-tier regulatory body, it won the Global Brands Magazine award for the fastest-growing forex broker in GCC.
Capitalix is only regulated by Financial Service Authority, Seychelles. They also have a business office registered in Cyprus. So, Capitalix is not a scam, and they have a legit presence in the forex industry.
Capitalix Review 2023 Quick Summary
|🏢 Registered in||4Square SY Ltd y 4Square (CY) Ltd|
|🖥 Platforms||Plataforma propia, aplicación iOS y Android propia|
|📉 Instruments||Not Available|
|💳 Minimum Deposit||$250|
|💰 Deposit Methods||Credit Cards, Wire Transfer|
|📱 Mobile Trading||Available|
|🌍 Web Trading||Available|
|💵Minimum Trade Size||0.01|
|🎢 Maximum Leverage||1:200|
|🌍 ECN||Not Available|
|🤖 Robots||Not Available|
|🎯 Scalping||Not Available|
|☎ Customer Support||24/5|
Capitalix Broker Instruments
Capitalix offers more than 150 assets in forex, crypto, stocks, indices, commodities and metals. And from a single account, you can access all those instruments. This means you don’t have to create 15 different accounts for each asset, opening up your portfolio to the hassle of logging in and out of multiple applications.
Forex: Common forex pairs with Capitalix are EUR/USD, EUR/JPY, GBP/USD, AUD/USD, EUR/GBP and more.
Crypto: The crypto exchange pairs with Capitalix are BTC/USD, ETH/USD, LTC/USD and XRP/USD.
Stocks: With Capitalix CFDs for stock, you can trade from the top companies around the globe, such as Facebook, Apple, Microsoft, Netflix and more.
Indices: You will get access to FTSE 100 Index Futures, Nikkei 225 Index Futures and CAC 40 Index Futures.
Commodities: Capitalix CFDs for commodities includes Brent Crude Oil, Light Sweet Crude oil, Live Cattle Futures, Natural gas, and sugar.
Capitalix Account Types
Capitalix comes with one account type, but you may choose the category based on your investment and desired outcomes. These are Basic, Silver, Gold, Platinum and VIP.
Basic: The Capitalix broker spreads on basic account starts from 3 pips for major forex pairs, which is 7 cents from commodities. And you will get up to 20% bonus with Capitalix.
Silver: Capitalix broker Spreads in this account start from 2.4 pips which is 6 cents for commodities and gives you up to a 40% bonus on your deposit.
Gold: The Gold account gives you as low as 1.8 pips of spreads, and it is low commodities too, which is 5 cents. You will get up to 60% bonuses on your Capitalix Gold account.
Platinum: This account offers 1.2 pips of spreads for the FX Major pairs. The spread for indices is 0.8 points. You will get up to an 80% bonus with Platinum accounts.
VIP: This account is recommended to get maximum profit from forex trading as it offers 0.3 pips spread for the major pairs. In addition to that, you can get a 100% bonus too.
However, the maximum Capitalix broker leverage for all these accounts is 1:200.
Capitalix Trading Platforms
Capitalix has its own platform that is designed to give you simple but powerful trading tools such as sentiment tools, market indicators, and an economic calendar. However, they don’t provide any third-party trading platform yet. Hence, you will not get Capitalix MT4 or Capitalix MT5 to trade with the broker.
If you’re interested in trading with an easy-to-use platform that is reliable, the Capitalix platform is the one to look into! If you’re ready to start trading on their platform, they have a lot of benefits available.
Capitalix Review: Core Features
Although Capitalix has several key features, the following three are the core according to our research on Capitalix trading review.
Capitalix keeps the traders’ funds separate from their own funds. That makes it easier to protect the traders against fraud and create a bonus structure that is directly correlated with the performance of the traders.
The process of safeguarding customers’ funds is known as segregation. Capitalix keeps traders’ funds separate from their trading accounts, and this means that the risk of losing money to brokers is minimized. This means that when you make use of a regulated broker, you can rest assured your money will be safe. This makes it easier for traders to focus on their own trades because they are not worried about losing their hard-earned cash to unethical brokers who would be happy to rip them off if they could.
Capitalix Broker Review Secured Technology
The financial transaction in Capitalix is backed by industry leading technology such as encryption. Data encryption is a must in Forex trading. Capitalix helps protect your account and the confidentiality of your trades against unauthorized access or use and protects other traders’ accounts, and trade information is crucial for today’s fast-paced trading environment.
Data encryption scrambles all of the information in a transaction that only the intended recipient can access it.
Negative Balance Protection
Have you always dreamed of becoming a trader but were afraid that you would lose all your money if you made a few trades? Well, protecting your trading account with negative balance protection can place a cushion between your funds and the risk. And you can get that with Capitalix.
Capitalix brokers offer this type of protection so because they want to be able to attract more traders. Negative balance protection does exactly what it says it will do. It protects you in the case of a negative balance on your account. If you have more trading losses than profits, your negative balance will not exceed a certain amount. It is best to know exactly how much that amount is.
However, it is not clear if Capitalix offers a minimum guarantee or unlimited protection. You should contact them before opening an account.
Economic calendars are a very important tool in the Forex trader’s arsenal. These calendars allow traders to quickly and easily spot any upcoming economic events that could potentially have an impact on currency prices. This includes interest rates, inflation rates, GDP growth numbers, geopolitical events, etc.
Forex traders can use this information to make more informed trading decisions when it comes time to buy or sell currencies. For instance, interest rates are closely correlated with currency prices. If an investor foresees an increase in interest rates, they can quickly shift to trades that will profit in the near future when the rates eventually increase. This can help a trader to capture greater profits while limiting losses by limiting their exposure to prices that may be affected by the news.
When trying to identify upcoming economic events, experts usually rely on government forecasting agencies and private research companies like those at CNBC.
Capitalix Review: Dedicated Knowledge Center
Capitalix has a dedicated knowledge center to meet its customer’s needs. The information available in Capitalix is regularly updated and won’t be old or out-of-date; it will always be fresh with new and insightful information for traders.
The knowledge center provides all the information about capitalix you need to know. In addition to that, you may also get learning opportunities about forex.
Capitalix offers virtual accounts for traders. It will help you learn all the ins and outs of forex without investing real-life money. With an account, you can get an idea about how the market works and take an idea for yourself whether or not Capitalix is worth it for your particular goals and needs.
To start, you will get a $100,000 virtual balance, which is good enough to understand the Capitalix platform and the forex market.
Capitalix Broker Review: Payment Method
The Capitalix broker payment includes Visa, Mastercard, Maestro, SWIFT, and SEPA. You can both deposit and withdraw using these methods. However, the processing time is three days for both deposits and withdrawals.
Capitalix broker minimum deposit is 250 EUR. While there is no Capitalix broker fees or commission to deposit or withdraw, the minimum withdrawal limit is $250 for a wire transfer. But you may withdraw any amount using other options.
Capitalix offer you set up an account in the US or Euro currency. Hence, you can deposit money according to the setup.
Capitalix has nine different telephone numbers to contact with them. You can also email them or do a live chat with your queries. However, customer support is available 25/5 while, and live chat is available 06:00 - 18:00 GMT, Monday to Friday.
So, this Capitalix review covers all the details about the broker. If you still have any confusion or questions, don’t hesitate to contact them anytime you want.
Overall, Capitalix offers a wide range of features for traders, and you can access them by opening an account. However, if you are concerned with the FSA regulation, you may start with a little deposit.