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Rating Index

Pros

Wide range of tradable assets, including forex, commodities, stocks, and cryptocurrencies.
User-friendly trading platforms, including MetaTrader 4 and a mobile app for on-the-go trading.
Competitive spreads, particularly on major currency pairs, enhancing potential profitability.

Cons

Lack of regulation, which raises concerns about the safety and security of funds.
High minimum deposit requirement of $250, which may be a barrier for beginner traders.
Mixed reviews from users regarding customer support and withdrawal processes, indicating potential issues.

CapXM broker Accounts

capxm Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: capxm Account Types Overview

capxm Account Types Explained

CapXM offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available:

1. Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
  • Leverage Options: Up to 1:500.
  • Key Features: User-friendly interface, access to educational resources, and customer support.
  • Target User Profile: Beginners and retail traders.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
  • Leverage Options: Up to 1:200.
  • Key Features: Direct market access, lower spreads, and faster execution.
  • Target User Profile: Intermediate to advanced traders.
  • Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Variable spreads starting from 1.0 pip; commission of $2 per lot.
  • Leverage Options: Up to 1:500.
  • Key Features: Advanced trading tools, priority customer support, and market analysis.
  • Target User Profile: Experienced traders and professionals.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to the Standard account but swap-free.
  • Leverage Options: Up to 1:500.
  • Key Features: Complies with Sharia law, no swap fees.
  • Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

5. Demo Account

  • Minimum Deposit Requirement: Virtual balance of $10,000.
  • Spread/Commission Structure: Same as Standard account.
  • Leverage Options: Up to 1:500.
  • Key Features: Risk-free trading environment, access to all trading instruments.
  • Target User Profile: Beginners wanting to practice trading strategies.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Account Type Minimum Deposit Spread (pips) Commission Leverage Target User
Standard $100 From 1.5 None Up to 1:500 Beginners
ECN $500 From 0.0 $3/lot Up to 1:200 Intermediate
Pro $1,000 From 1.0 $2/lot Up to 1:500 Advanced
Islamic $100 Same as Standard None Up to 1:500 Muslim Traders
Demo $0 Same as Standard None Up to 1:500 Beginners

  • Beginners: Standard Account or Demo Account.
  • Intermediate Traders: ECN Account.
  • Advanced Traders: Pro Account.
  • Muslim Traders: Islamic Account.

Part 2: capxm Account Features Comparison

Detailed capxm Account Features

Comparison of Features Across Different Account Types

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • Demo: $0

  • Maximum Leverage:

  • Standard: Up to 1:500

  • ECN: Up to 1:200

  • Pro: Up to 1:500

  • Islamic: Up to 1:500

  • Demo: Up to 1:500

  • Spreads (Typical/Minimum):

  • Standard: From 1.5 pips

  • ECN: From 0.0 pips

  • Pro: From 1.0 pip

  • Islamic: Same as Standard

  • Commission Fees:

  • Standard: None

  • ECN: $3 per lot

  • Pro: $2 per lot

  • Islamic: None

  • Lot Size:

  • Standard: Micro, Mini, Standard

  • ECN: Micro, Mini, Standard

  • Pro: Micro, Mini, Standard

  • Islamic: Micro, Mini, Standard

  • Demo: Micro, Mini, Standard

  • Available Trading Platforms:

  • Standard: MT4, MT5

  • ECN: MT4, MT5

  • Pro: MT4, MT5

  • Islamic: MT4, MT5

  • Demo: MT4, MT5

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Market

  • Islamic: Market

  • Demo: Market

  • Islamic Account Availability:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: Yes

  • Demo: No

  • Swap-Free Options:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: Yes

  • Demo Account Features:

  • Virtual balance of $10,000, risk-free trading.

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit.

  • No commission fees.

  • User-friendly for beginners.

  • Access to educational resources.

  • ECN Account:

  • Tight spreads.

  • Direct market access.

  • Suitable for scalping.

  • Faster execution speeds.

  • Pro Account:

  • Advanced trading tools.

  • Lower commission fees.

  • Priority customer support.

  • Access to market analysis.

  • Islamic Account:

  • Complies with Sharia law.

  • No swap fees.

  • Flexible trading options.

  • Demo Account:

  • Risk-free trading environment.

  • Practice strategies without financial risk.

  • Access to all trading instruments.

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN.

  • Limited features for advanced traders.

  • ECN Account:

  • Higher minimum deposit.

  • Commission fees can add up.

  • Pro Account:

  • Requires a larger initial investment.

  • May not be suitable for beginners.

  • Islamic Account:

  • Limited to Muslim traders.

  • May have restrictions on certain trading strategies.

  • Demo Account:

  • Limited to virtual trading.

  • No real financial gains.

Part 3: capxm Account Opening Requirements

capxm Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available in most countries; specific restrictions may apply.
  • Prohibited Countries: Countries under international sanctions or those where trading is restricted.

Identity Verification Documents Needed

  • Proof of Identity: Valid government-issued ID (passport or driver's license).
  • Proof of Residence: Recent utility bill or bank statement with your name and address.

Additional Documentation for Professional Accounts

  • Professional Accounts: May require additional documentation such as proof of trading experience or financial status.

KYC/AML Compliance Procedures

  • CapXM follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to verify the identity of its clients.

Verification Time Frames

  • Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: capxm Account Opening Process

Step-by-Step capxm Account Opening Guide

  1. Visit Website and Click Registration: Go to the CapXM website and click on the "Register" button.
  2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Once verified, fund your account using one of the available payment methods.
  8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile version may have a simplified interface.

Common Registration Issues and Solutions

  • Issue: Document upload failures.

  • Solution: Ensure documents are clear and meet the required format.

  • Issue: Verification delays.

  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • The average account approval time is 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Account types can be changed by contacting customer support and providing the necessary documentation for the new account type.

Part 5: capxm Demo Account Information

capxm Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading strategies.
  • Access to all trading instruments available in live accounts.

How to Open a Demo Account

  • A demo account can be opened during the registration process by selecting the demo option.

Demo Account Limitations

  • Limited to virtual trading; no real financial gains can be made.

Virtual Balance Amount

  • The demo account typically comes with a virtual balance of $10,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts require real money deposits and involve real financial risks.

Duration/Expiry of Demo Accounts

  • Demo accounts may expire after a certain period, typically 30 days, but this can vary based on the broker's policies.

Part 6: capxm Islamic Account (if available)

capxm Islamic Account Details

Swap-Free/Islamic Account Availability

  • CapXM offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

  • Must be a Muslim trader seeking a compliant trading account.

Differences from Standard Accounts

  • Islamic accounts have no swap fees and may have specific trading conditions.

How to Apply for Islamic Account

  • Select the Islamic account option during the registration process and provide any required documentation.

Restrictions or Special Conditions

  • Islamic accounts may have limitations on certain trading strategies that involve interest.

FAQs – capxm Account Types & Opening

  1. What account types does capxm offer?
  • CapXM offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: $0.
  1. How long does capxm account verification take?
  • Verification typically takes 1-3 business days.
  1. Does capxm offer demo accounts?
  • Yes, capXM offers demo accounts with a virtual balance of $10,000.
  1. Can I have multiple account types with capxm?
  • Yes, you can have multiple account types, but you may need to contact customer support for assistance.
  1. Does capxm offer Islamic/swap-free accounts?
  • Yes, capXM offers Islamic accounts that are swap-free.
  1. What documents do I need to open a capxm account?
  • You need a valid ID and proof of residence.
  1. Can I change my account type after registration?
  • Yes, you can change your account type by contacting customer support.

CapXM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
CapXM Account