CapitalXP Forex Broker

CapitalXP Forex Broker - Complete Information Guide

1. Broker Overview

　　CapitalXP, established in 2015, operates as a trading platform for various financial instruments, including forex, CFDs, stocks, and commodities. The broker is owned by Quattro Holding Group Ltd, which is registered in Saint Vincent and the Grenadines. The headquarters is located at First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines. As a private entity, CapitalXP serves a diverse clientele, including retail traders and institutional investors, focusing primarily on the forex and CFD markets.

　　Since its inception, CapitalXP has aimed to provide a user-friendly trading experience, quickly gaining traction among traders due to its competitive trading conditions and robust customer support. The company's development milestones include the introduction of multiple account types tailored to different trading styles and the integration of the popular MetaTrader 4 platform, which enhances trading capabilities.

　　The business model of CapitalXP is primarily centered around retail forex trading, allowing clients to engage in margin trading with a variety of financial instruments. The broker also offers managed accounts and educational resources to support traders in their trading endeavors.

2. Regulation and Compliance Information

　　CapitalXP operates without regulation from any major financial authority, which raises concerns regarding the safety of client funds. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction known for its lenient regulatory framework. As such, it does not hold licenses from recognized regulatory bodies such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC).

　　The absence of regulation means that CapitalXP does not participate in any investor compensation schemes, which are crucial for protecting traders' funds in the event of broker insolvency. Furthermore, the broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identity before engaging in trading activities. This involves submitting necessary documentation to ensure compliance and enhance the security of the trading environment.

3. Trading Products and Services

　　CapitalXP offers a wide range of trading products, including:

• Forex Currency Pairs: The broker provides access to numerous forex pairs, allowing traders to engage in various currency exchanges.
• CFD Products: CapitalXP allows trading in several categories of CFDs, including:
• Indices: Major global indices are available for trading.
• Commodities: Traders can access a variety of commodities, including precious metals and energy products.
• Stocks: A selection of stocks from major global markets is offered.
• Cryptocurrencies: Although not consistently available, CapitalXP claims to provide access to popular cryptocurrencies through CFDs.

　　CapitalXP is known for its competitive trading conditions, including low spreads and high leverage options, which can reach up to 1:500. The broker regularly updates its product offerings, ensuring that clients have access to a diverse range of trading instruments to suit their strategies.

4. Trading Platforms and Technology

　　CapitalXP primarily utilizes the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and advanced trading features. The platform supports various trading tools, including technical indicators, charting options, and automated trading capabilities through Expert Advisors (EAs).

　　In addition to MT4, CapitalXP offers a web-based trading platform that allows traders to access their accounts from any device with internet connectivity. The broker also provides a mobile application compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

　　The trading execution model employed by CapitalXP is primarily ECN (Electronic Communication Network), which facilitates direct access to liquidity providers and enhances trade execution speed. The broker's infrastructure is designed to support high-frequency trading and minimize latency, ensuring that traders can capitalize on market movements effectively.

5. Account Types and Trading Conditions

　　CapitalXP offers several account types to cater to different trader preferences and skill levels:

• Basic Account: Requires a minimum deposit of $250, with variable spreads and no commission fees.
• Silver Account: Offers enhanced features and better spreads, along with access to trading signals and a personal account manager.
• Gold Account: Provides additional benefits, including advanced trading strategies and one-on-one training sessions.
• Platinum and Diamond Accounts: These VIP accounts offer premium services, including exclusive webinars and live trading sessions with professional traders.

　　The leverage offered by CapitalXP varies by account type, with a maximum of 1:500 available for certain accounts. The minimum trade size is 0.01 lots, allowing for flexible trading options. Additionally, CapitalXP has a policy on overnight fees, which may apply depending on the account type and trading conditions.

6. Fund Management

　　CapitalXP supports multiple deposit methods, including:

• Bank Transfers
• Credit/Debit Cards
• E-Wallets: Such as Qiwi and Yandex Money
• Cryptocurrencies: Including Bitcoin

　　The minimum deposit requirement varies by account type, with the Basic Account starting at $250. Deposits are generally processed instantly, except for bank transfers, which may take up to 5 business days.

　　Withdrawal methods include the same options used for deposits. The broker processes withdrawals within 24 hours to 7 days, depending on the method chosen. However, withdrawal fees ranging from 3.5% to 10% may apply based on the account type and payment method. Inactive accounts may incur fees after a period of dormancy, emphasizing the importance of regular account activity.

7. Customer Support and Educational Resources

　　CapitalXP provides robust customer support, available through various channels:

• Email: support@capitalxp.net
• Live Chat
• Phone Support: +442039495515

　　The support team is accessible 24/5, offering assistance in multiple languages, including English, Polish, German, Norwegian, and Russian. This multilingual support ensures that traders from diverse backgrounds can receive help promptly.

　　In terms of educational resources, CapitalXP offers a range of materials designed to enhance trader knowledge and skills. These include:

• Webinars
• Video Tutorials
• E-books
• Market Analysis Reports

　　Traders can access these resources to improve their trading strategies and stay informed about market trends.

8. Regional Coverage and Restrictions

　　CapitalXP primarily serves clients from various global markets, focusing on regions where regulatory restrictions are less stringent. The broker has established a presence in multiple countries, but it does not accept clients from certain jurisdictions, including:

• United States
• Belgium
• Canada
• Iran
• North Korea

　　These restrictions are in place to comply with local laws and regulations. As a result, potential clients are encouraged to verify their eligibility before attempting to open an account with CapitalXP.

　　In conclusion, while CapitalXP offers a range of trading products and services, potential clients should be aware of its unregulated status and the associated risks. As with any financial investment, thorough research and careful consideration are essential before engaging with the broker.