CapitalX Forex Broker

CapitalX Forex Broker - Complete Information Guide

1. Broker Overview

　　CapitalX, established in 2020, is a financial brokerage firm headquartered in Seychelles. The company operates under the name 4 Square SY Ltd, which is a private entity. CapitalX primarily serves retail clients who are interested in trading various financial instruments, including forex, commodities, cryptocurrencies, indices, and stocks. The broker has gained recognition in the trading community for its user-friendly platform and competitive trading conditions.

　　Since its inception, CapitalX has achieved significant milestones, including the establishment of a robust trading platform that facilitates seamless transactions and offers a diverse range of trading products. The firm aims to bridge the gap between traders and financial markets, providing tools and resources that enhance the trading experience. The business model of CapitalX focuses on retail forex trading, allowing individual traders to access global financial markets with ease.

　　The parent company, 4 Square SY Ltd, is registered in Seychelles and operates under the regulatory framework of the Financial Services Authority (FSA). This affiliation ensures that CapitalX adheres to industry standards and regulatory requirements, enhancing its credibility among traders. As a broker, CapitalX emphasizes transparency and security, positioning itself as a reliable option for traders looking to engage in the financial markets.

2. Regulatory and Compliance Information

　　CapitalX is regulated by the Financial Services Authority (FSA) in Seychelles, holding the license number SD 052. This regulatory oversight is crucial for ensuring that the broker operates within legal frameworks and adheres to strict compliance standards. The FSA is known for its stringent regulations, which provide a layer of protection for investors.

　　The license is effective for operations across various jurisdictions, allowing CapitalX to serve clients globally while maintaining compliance with local regulations. The brokerage operates under two distinct legal entities: 4 Square SY Ltd in Seychelles and 4 Square (CY) Ltd in Cyprus, which acts as a payment agent. This dual-entity structure enhances the broker's operational capacity and regulatory compliance.

　　CapitalX implements a client fund segregation policy, ensuring that clients' funds are kept separate from the company's operational funds. This practice is essential for safeguarding investor capital and maintaining trust. Furthermore, CapitalX adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which involve verifying the identity of clients and monitoring transactions to prevent illicit activities.

3. Trading Products and Services

　　CapitalX offers an extensive range of trading products, providing access to over 150 assets across various financial markets. The broker specializes in:

• Forex: CapitalX provides a wide selection of currency pairs, including major, minor, and exotic pairs. Popular pairs include EUR/USD, GBP/USD, and USD/JPY.
• CFDs: The broker offers Contracts for Difference (CFDs) on various asset classes, including:
• Indices: Traders can access major global indices such as the S&P 500 and FTSE 100.
• Commodities: CapitalX allows trading in both soft and hard commodities, including gold, silver, and oil.
• Stocks: The platform features a selection of stocks from major companies like Apple, Google, and Microsoft.
• Cryptocurrencies: Traders can engage in cryptocurrency trading with popular options such as Bitcoin, Ethereum, and Litecoin.

　　The brokerage frequently updates its product offerings, ensuring that traders have access to the latest market opportunities. The retail trading services provided by CapitalX cater to individual traders, while the firm also offers institutional services, including white-label solutions and asset management for larger clients.

4. Trading Platforms and Technology

　　CapitalX supports the MetaTrader 4 (MT4) platform, which is widely recognized for its robust trading capabilities and user-friendly interface. The MT4 platform offers advanced analytical tools, multiple timeframes, and a customizable trading environment, making it suitable for both novice and experienced traders.

　　In addition to MT4, CapitalX provides a web-based trading platform known as WebTrader. This platform allows traders to access their accounts directly from any web browser without the need for software installation. Key features of the WebTrader platform include:

• Advanced Market Indicators: Tools for technical analysis to help traders make informed decisions.
• Economic Calendar: A feature that keeps traders updated on important economic events.
• One-Click Trading: Facilitating quick order execution to capitalize on market movements.

　　CapitalX also offers a dedicated mobile application compatible with both iOS and Android devices. This app allows traders to manage their accounts and execute trades on the go, ensuring they stay connected to the markets at all times.

　　The brokerage operates on a Market Making execution model, providing liquidity to its clients. The technological infrastructure of CapitalX is designed to ensure fast and reliable order execution, with servers strategically located to minimize latency.

5. Account Types and Trading Conditions

　　CapitalX offers a variety of account types tailored to meet the needs of different traders. The available accounts include:

• 　　Basic Account:

• 　　Minimum Deposit: $250

• 　　Spread: Starts from 3 pips

• 　　Leverage: Up to 1:200

• 　　Commission: Zero commission

• 　　Silver Account:

• 　　Minimum Deposit: $250

• 　　Spread: Starts from 2.4 pips

• 　　Leverage: Up to 1:200

• 　　Commission: Zero commission

• 　　Gold Account:

• 　　Minimum Deposit: $250

• 　　Spread: Starts from 1.8 pips

• 　　Leverage: Up to 1:200

• 　　Commission: Zero commission

• 　　Additional features include access to webinars and educational resources.

• 　　Platinum Account:

• 　　Minimum Deposit: $250

• 　　Spread: Starts from 1.2 pips

• 　　Leverage: Up to 1:100

• 　　Commission: Zero commission

• 　　Features include a dedicated account manager and advanced trading tools.

• 　　VIP Account:

• 　　Minimum Deposit: $250

• 　　Spread: Starts from 0.3 pips

• 　　Leverage: Up to 1:200

• 　　Commission: Zero commission

• 　　Additional features include exclusive access to market analysis and personalized support.

　　CapitalX also provides a demo account option for traders to practice their strategies without risking real funds. The leverage offered varies by account type and asset class, allowing traders to manage their risk effectively. The minimum trade size and overnight fees are clearly outlined in the account specifications.

6. Fund Management

　　CapitalX supports a variety of deposit methods to facilitate easy funding of trading accounts. Accepted methods include:

• Bank Transfer
• Credit/Debit Cards (Visa, Mastercard, Maestro)
• E-wallets (if applicable)

　　The minimum deposit requirement for opening an account is $250 for all account types. Deposits are typically processed within a few minutes to a few hours, depending on the method used. However, a nominal deposit fee of 3% + $0.25 is charged on each deposit.

　　Withdrawals from CapitalX can be made using the same methods as deposits, ensuring consistency and ease of use. The minimum withdrawal amount is $50, and the processing time for withdrawals is generally up to 3 business days. Importantly, CapitalX does not charge any fees for withdrawals, although clients should verify if their payment provider imposes any charges.

7. Customer Support and Educational Resources

　　CapitalX prioritizes customer support, offering multiple channels for traders to seek assistance. The available support options include:

• Email Support: Reachable at support@capitalx.com
• Live Chat: Available on the website for immediate assistance
• Phone Support: Contact numbers for various regions, including +97142491118 (AE), +54 11 5236 2375 (AR), and +35724267263 (CY)

　　The customer support team operates 24/5, providing assistance in multiple languages to cater to a diverse client base.

　　In addition to customer support, CapitalX offers a range of educational resources to help traders enhance their skills and knowledge. These resources include:

• Webinars: Live sessions covering various trading topics.
• Tutorials: Step-by-step guides on using the trading platform and understanding market dynamics.
• Market Analysis: Daily updates and research reports to keep traders informed about market trends.

　　Trading tools such as calculators, economic calendars, and signal services are also available to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

　　CapitalX primarily serves clients across various regions, including Europe, Asia, and the Middle East. The brokerage maintains a presence in Seychelles and Cyprus, allowing it to cater to a broad market.

　　However, certain jurisdictions are restricted from accessing CapitalX's services. Notable regions where CapitalX does not accept clients include:

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

　　These restrictions are in place to comply with international regulations and legal requirements, ensuring that CapitalX operates within the boundaries set by regulatory authorities.

　　In conclusion, CapitalX presents itself as a competitive option for traders seeking a reliable brokerage experience. With a diverse range of trading products, robust regulatory compliance, and a commitment to customer support, CapitalX aims to provide a secure and efficient trading environment.