You’re ready to enter the world of crypto CFDs and Forex trading, but where do you start? Yes, the first step in trading is finding a broker, but with so many brokers and platforms out there, knowing which one is right for you can be difficult.
Capitalix is a broker that has been around for several years and has built a strong reputation in the industry. In this article, we will take a closer look at Capitalix and find out what sets it apart from the competition. We will also review the main features of this platform, so you can make an informed decision before signing up.
What is Capitalix?
Headquartered in Seychelles, Capitalix is a provider of online trading solutions, giving traders access to the Forex and CFD markets. Capitalix is one of the brokerage platforms that offers cryptocurrency contract for difference (CFD) trading, and has more than 150 assets ranging from indices, stocks, and precious metals available for trading. In terms of functionality, Capitalix provides new and experienced users with the tools they need to succeed in trading.
Key features of Capitalix
When you’re looking for a broker, you want to make sure they offer features that are important to you. Capitalix offers a variety of features, but some of the highlights include:
– Appropriate leverage: Capitalix offers leverage up to 1:200 for currency pairs and 1:5 leverage for cryptocurrencies. This allows you to trade your favorite assets with a smaller investment.
– Trading without commissions and low fees: Capitalix claims no commission on trades opened. Withdrawals are also free, but the platform charges a low fee of 3% plus 0.25 cents per deposit, which is quite reasonable.
– Crypto CFD Trading: Considering the volatility of crypto assets, many brokers do not offer crypto CFDs. However, Capitalix allows traders to trade CFDs on popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, and several others.
– Demo/Virtual Account: You can open a virtual account and practice virtual money trading before you start risking your own money. This makes the intermediary platform attractive to new traders who want to dip their toes in the Forex or CFD trading waters before investing their money.
– Negative balance protection: Your loss is limited to the amount you have in your account if your account goes into negative territory,
– Trading platform: Capitalix is available on desktop and mobile devices. They have a custom-made mobile app that can be accessed on MetaTrader4.
Is Capitalix a scam? How secure is the platform?
Choosing a Forex broker can be a difficult task. There are many factors to consider, such as safety, regulation, customer service, and security. Asking questions like these can make sure you’re comfortable with the platform before diving in too far.
We have extensively researched Capitalix and found that they are a legitimate, properly regulated broker with licensed technology and investment offerings that comply with regulatory bodies. The brokerage platform is licensed with the FSA and operates under 4Square SY Ltd, a company registered in Seychelles with registration number 8426168-1.
Transferring funds with Capitalix is safe and the platform fully complies with all industry standards and protects your funds with Secure Sockets Layer (SSL) encryption. The company also conducts a KYC process for every new merchant to provide an extra level of security.
Customer support is another integral aspect of a reputable broker. With Capitalix, we have found that the customer support team is very responsive and helpful, helping customers resolve any issues or questions quickly.
How to start trading on Capitalix
Capitalix has an easy-to-use platfrom that suits both new and experienced traders, so signing up is a very simple process with the following steps.
- Visit Capitalix.com and click “Open Account” to register. You can register via Google, Facebook, or fill out the registration form.
- After signing up, you have the option to trade with $100,000 in virtual money by clicking “Virtual Trade.”
- To start trading with real money, click the “Trade” button. You can make a deposit using a credit card or bank wire. Make sure you complete the KYC process.
- Withdrawals can be processed via credit card (Visa, Mastercard, Maestro) or bank transfer with a processing time of 3 working days.
Conclusion: Should you use Capitalix?
So there you have it, we took on Capitalix. Overall, we think it’s a convenient and user-friendly option for trading, with a variety of market indicators, research tools, and other features. Capitalix won an award from Global Brands Magazine as the fastest forex broker in the GCC, so they must be doing something right. You can trade from anywhere in the world where CFD trading is allowed, making it a great option for international traders.
Visit Capitalix at www.capitalix.com/