Capital-X Forex Broker

Capital X Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　Capital X, established in 2020, is a financial services provider that operates as a forex and CFD broker. The company is headquartered in Seychelles, with its main office located at CT House, Office 4B, Providence, Mahe. Capital X is privately held and focuses on delivering trading services to individual and institutional clients worldwide.

　　Since its inception, Capital X has aimed to bridge the gap between traders and the capital markets, offering a user-friendly platform that caters to both novice and experienced traders. The broker has gained a reputation for its competitive trading conditions, advanced research tools, and strong customer support.

　　The parent company of Capital X is 4 Square SY Ltd, which is registered in Seychelles under registration number 8426168-1. The brokerage operates under the regulatory oversight of the Financial Services Authority (FSA) in Seychelles, ensuring compliance with industry standards.

　　Capital X operates on a retail forex trading model, providing access to a diverse range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. This comprehensive service offering positions Capital X as a versatile platform for traders looking to engage in multiple markets.

2. Regulation and Compliance Information

　　Capital X is regulated by the Financial Services Authority (FSA) of Seychelles, holding a valid license with the number SD 052. The regulatory framework under which Capital X operates ensures that the broker adheres to strict compliance standards, providing a level of protection for its clients.

　　The broker's regulatory license is effective for conducting forex and CFD trading in various jurisdictions, with a primary focus on the Seychelles market. Capital X maintains a commitment to client fund security by implementing a policy of segregating client funds from the company's operational funds. This practice ensures that clients' investments are protected even in the event of the broker's financial difficulties.

　　In terms of compliance, Capital X adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These measures are designed to prevent fraud and illicit activities, ensuring a secure trading environment for all clients.

3. Trading Products and Services

　　Capital X offers a broad range of trading products, providing access to over 150 assets across various markets. The primary instruments available for trading include:

• 　　Forex: Capital X provides a comprehensive selection of currency pairs, including major, minor, and exotic pairs. Traders can access popular pairs such as EUR/USD, GBP/USD, and USD/JPY.

• 　　CFDs: The broker allows trading on various CFDs, including indices, commodities, stocks, and cryptocurrencies. This enables traders to diversify their portfolios and take advantage of different market conditions.

• 　　Indices: Capital X offers access to a variety of global indices, allowing traders to speculate on the performance of whole markets rather than individual stocks.

• 　　Commodities: Traders can engage in trading both soft and hard commodities, including oil, gold, silver, and agricultural products.

• 　　Cryptocurrencies: Capital X supports trading in major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, providing traders with opportunities in the rapidly growing digital asset market.

　　Capital X regularly updates its product offerings to meet market demand and introduce new trading opportunities. The broker's retail trading services are complemented by advanced research tools and educational resources, designed to enhance traders' knowledge and skills.

4. Trading Platforms and Technology

　　Capital X provides traders with access to a robust trading platform that is designed to meet the needs of all types of traders. While it does not currently support MetaTrader 4 or 5, the broker offers its proprietary web-based trading platform, which is user-friendly and accessible from any device with internet connectivity.

　　The web trader features include:

• 　　Advanced Analytical Tools: Traders can utilize various technical indicators and analytical tools to make informed trading decisions.

• 　　Real-Time Market Updates: The platform offers live market data and updates, ensuring that traders have the latest information at their fingertips.

• 　　One-Click Trading: This feature allows traders to execute trades quickly and efficiently, which is crucial in fast-moving markets.

　　In addition to the web trader, Capital X also provides a mobile application available for both iOS and Android devices. The mobile app allows traders to manage their accounts, execute trades, and access market analysis on the go.

　　The broker employs a secure infrastructure, ensuring that all data transmission is encrypted and protected against unauthorized access. This commitment to security is vital for maintaining client trust and safeguarding sensitive information.

5. Account Types and Trading Conditions

　　Capital X offers a variety of account types tailored to meet the diverse needs of its clients. The main account types include:

• 　　Basic Account: Designed for beginners, this account type offers high leverage of up to 1:200 and low spreads starting from 3 pips. It provides essential trading tools and 24/5 customer support.

• 　　Silver Account: Suitable for low-volume traders, this account offers similar leverage but with lower spreads starting from 2.4 pips and a sign-up bonus of up to 40%.

• 　　Gold Account: Aimed at more experienced traders, the Gold account features lower spreads starting from 1.8 pips and access to advanced trading tools.

• 　　Platinum Account: This account type is tailored for seasoned traders, offering even tighter spreads starting from 1.2 pips and an 80% sign-up bonus.

• 　　VIP Account: The most advanced account type, the VIP account, is designed for professional traders, featuring extremely low spreads starting from 0.3 pips and a 100% sign-up bonus.

　　All account types come with a free demo account option, allowing traders to practice their strategies without risking real money. The leverage offered varies by account type, with a maximum of 1:200 available for most instruments.

6. Fund Management

　　Capital X supports a range of deposit and withdrawal methods to facilitate smooth financial transactions for its clients. The accepted deposit methods include:

• Bank Transfers
• Credit/Debit Cards (Visa, Mastercard)
• E-Wallets (such as Skrill and Neteller)

　　The minimum deposit requirement to open an account with Capital X is $250. Deposits are typically processed quickly, often within a few hours, ensuring that traders can start trading without unnecessary delays. However, a deposit fee of 3% plus $0.25 is applicable for each transaction.

　　Withdrawals can be made using the same methods as deposits, and Capital X imposes no withdrawal fees. The processing time for withdrawals is generally within 3 business days, providing clients with quick access to their funds.

7. Customer Support and Educational Resources

　　Capital X prioritizes customer support, offering a range of channels for clients to reach out for assistance. The available support options include:

• Live Chat Support
• Email Support
• Phone Support

　　Customer service is available 24/5, and the support team is multilingual, catering to clients from various regions.

　　In addition to customer support, Capital X provides educational resources to help traders improve their skills and knowledge. These resources include:

• Webinars: Regularly scheduled sessions covering various trading topics.
• Tutorials and Articles: A library of educational materials designed to enhance traders' understanding of the markets.
• Market Analysis: Daily and weekly analysis reports to keep traders informed about market trends.

8. Regional Coverage and Restrictions

　　Capital X serves a global clientele, with a primary focus on markets in Europe, Asia, and the Middle East. The broker has established a robust presence in these regions, offering tailored services to meet local market needs.

　　However, Capital X does not accept clients from certain jurisdictions due to regulatory restrictions. These include:

• United States
• Canada
• European Union
• Iran
• Iraq
• Syria
• North Korea
• Sudan

　　This commitment to regulatory compliance ensures that Capital X operates within the legal frameworks of the jurisdictions it serves.

　　In conclusion, Capital X is a well-established forex broker that offers a comprehensive range of trading services and products. With its strong regulatory framework, diverse trading instruments, and commitment to customer support, it provides a reliable platform for traders looking to engage in the financial markets.