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Abstract:CAPITALFX, a trading name of Aegion Group Ltd, is allegedly a forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with four different live account types.
Note: CAPITALFX is to operate via the website - https://www.capital-fx.info/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No regulation |
Market Instrument | forex |
Account Type | Bronze, Silver, Gold and Black |
Demo Account | N/A |
Maximum Leverage | N/A |
Spread | N/A |
Commission | N/A |
Trading Platform | N/A |
Minimum Deposit | $500 |
Deposit & Withdrawal Method | N/A |
CAPITALFX, a trading name of Aegion Group Ltd, is allegedly a forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with four different live account types.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, etc.
As for regulation, it has been verified that CAPITALFX currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.17/10. Please be aware of the risk.
Market Instruments
CAPITALFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Account Types
CAPITALFX claims to offer four types of trading accounts, namely Bronze, Silver, Gold and Black, with minimum initial deposit requirements of $500, $3,000, $7,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of c100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement at CAPITALFX is said to be $5000. However, the broker says nothing about the deposit and withdrawal methods.
Customer Support
The only way you can approach CAPITALFX is via email: info@capital-fx.info. However, this broker doesnt disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Multiple account types can be chosen from | • No regulation |
• Website inaccessible | |
• High minimum deposit (500) | |
• Lack of transparency |
Frequently Asked Questions (FAQs)
Q 1: | Is CAPITALFX regulated? |
A 1: | No. It has been verified that CAPITALFX currently has no valid regulation. |
Q 2: | What is the minimum deposit for CAPITALFX? |
A 2: | The minimum initial deposit at CAPITALFX to open an account is as high as $500. |
Q 3: | Is CAPITALFXa good broker for beginners? |
A 3: | No. CAPITALFX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high initial deposit. |
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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