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Abstract:In today's article, WikiFX will explore Capex in depth, examining its features, fees, safety measures, deposit and withdrawal options and trading platforms to help you decide whether to use this platform.
Capex, formerly known as CFD Global, is a global company based in Cyprus that was established in 2016. Its official website is www.capex.com.
Capex is a regulated multi-asset broker that has received various awards for its services and trading platforms since its establishment.
Capex offers over 2100 contracts for difference (CFDs) on forex, stocks, indices, bonds, ETFs, and commodities. In 2021, Capex introduced StoX, which provides commission-free and leverage-free fractional stock CFDs. Additionally, in the same year, Capex launched ThematiX, a new product that allows clients to invest in thematic stock portfolios with just one click. Capex is committed to providing a customer-centric, education-focused approach supported by robust technology.
Deposit & Withdrawal:
Capex accepts a variety of convenient deposit methods, including
Credit/Debit Cards - Visa and MasterCard (instant)
E-Wallet - Skrill, Neteller and Maestro (3-5 days)
Bank wire transfer - (instant)
Capex charges no fees during the deposit process. The minimum deposit requirement is 100 USD. Clients can open accounts in EUR, CZK, DKK, EUR, GBP, HUF, PLN, SEK and ZAR.
Withdrawals must be made like deposits, and Capex will process withdrawal requests within one business day. After that, receiving the funds takes approximately 3-7 business days. However, ultimately, the time frame depends on the payment method of the initial deposit.
Trading Platforms:
Capex offers only the MT5 trading platform (computer and mobile versions) but not the famous MT4 platform. This is one of the company's shortcomings. After all, MT4 has always been the preferred choice of many traders.
MT5 features 30 built-in indicators, nine time frames, access to 2,000 free custom indicators, customizable tools, an easy-to-access control panel, real-time execution, an intuitive navigation interface, multi-window views, and watch lists.
Another trading platform is CAPEX Webtrader, the company's in-house designed web trading platform, which can be easily used on computers and cell phones without any downloads. CAPEX Webtrader also features real-time quotes, enabling dynamic traders to make immediate decisions.
Fees & Accounts:
Capex.com's spreads vary based on the trading platform (Capex WebTrader/MT5). Users can refer to Capex's website at https://capex.com/en/trading-conditions for more information.
Capex offers three types of account types, each with different features and benefits, all of which are commission-free accounts:
Essential Account: Recommended minimum deposit of $1,000. Limited access to the video library, market reviews, financial research, and daily analyst ratings with a dedicated account representative on two weekdays.
Original Account: Recommended minimum deposit of $5,000. Account holders receive the same features as the Essential Account but with additional open research access and special trading conditions.
Signature Account: Designed for advanced traders or corporate clients; a recommended minimum deposit of $25,000. Additional features include unlimited access to the video library, one-on-one meetings with dedicated account representatives on weekdays, and access to the trading centre.
All these accounts offer dual platform access (CAPEX WebTrader/MT5). The minimum deposit required to open a trading account is $100. It's important to note that Capex charges a fee of $30 (or the equivalent in the account currency) if there is no trading activity for three months or longer.
WikiFXs Verdict:
WikiFX is a global forex broker regulatory query platform that houses verified information of over 45,000 forex brokers. We research, review and rate forex brokers from various aspects to prove their credibility.
From here, it is stated that CAPEX has a WikiScore of 7.0 out of 10. However, a license CAPEX claims to hold has expired.
Although CAPEX is a regulated broker that offers a good trading environment and conditions, WikiFX would recommend that traders choose a broker protected by a more authoritative regulator, such as ASIC in Australia, FCA in the UK, etc.
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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