CapXM foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.capxm.com/, about the company's legal and temporary regulatory information, the company's address The Financial Services Centre, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines.
CapXM Forex Broker
Basic Information
Saint Vincent and the Grenadines
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
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 Forex Broker - Complete Information Guide
1. Broker Overview
Capxm, officially known as Capxm Ltd, is a forex broker that was established in 2016. The company is headquartered in Nicosia, Cyprus, and operates primarily under the Cyprus Securities and Exchange Commission (CySEC) regulatory framework. Capxm is a privately held entity that offers trading services to individual and institutional clients across various markets.
The broker serves a diverse clientele, including retail traders and institutional investors, providing them with access to a wide range of financial instruments. Since its inception, Capxm has made significant strides in the forex trading landscape, aiming to offer competitive trading conditions and a robust trading platform.
A notable milestone in the company's history includes its rebranding from CFD Global, which occurred in 2016 when it adopted the Capxm name to enhance its market presence and reputation. The broker operates on a business model that encompasses both retail forex trading and institutional services, catering to a global audience.
2. Regulatory and Compliance Information
Capxm is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is one of the most reputable financial regulatory bodies in Europe. The regulatory license number for Capxm is CySEC 285/15. The license is valid and covers a range of trading activities, ensuring that the broker adheres to strict operational standards.
In addition to its CySEC license, Capxm has established itself as a compliant broker by implementing policies for the segregation of client funds. This means that client deposits are kept in separate accounts from the broker's operational funds, enhancing the security of traders' investments.
Capxm also participates in an investor compensation fund, which provides additional protection for clients in the event of the broker's insolvency. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients undergo thorough verification processes to prevent fraudulent activities.
3. Trading Products and Services
Capxm offers a comprehensive range of trading products, including over 60 forex currency pairs. Major currency pairs such as EUR/USD, GBP/USD, and USD/JPY are available for trading, along with a selection of minor and exotic pairs.
In addition to forex, Capxm provides access to various Contracts for Difference (CFDs), including indices, commodities, stocks, and cryptocurrencies. The broker continuously updates its product offerings, ensuring that clients have access to the latest market trends and investment opportunities.
Retail trading services at Capxm are designed to cater to individual traders, while institutional clients can benefit from tailored services that meet their specific trading needs. The broker also offers white-label solutions for businesses looking to enter the forex trading space.
4. Trading Platforms and Technology
Capxm supports the industry-standard MetaTrader 5 (MT5) trading platform, which is known for its advanced charting capabilities and user-friendly interface. The broker also offers a proprietary web-based trading platform that provides traders with quick access to market data and trading tools.
Mobile trading is facilitated through dedicated applications for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker utilizes a Market Making execution model, ensuring efficient order execution and competitive spreads.
Capxm's technical infrastructure is robust, with servers located in secure data centers that ensure low latency and high uptime for traders. The broker also supports API access, enabling algorithmic trading and automated strategies for more advanced traders.
5. Account Types and Trading Conditions
Capxm offers a variety of account types to cater to different trading preferences and experience levels. The standard account requires a minimum deposit of $100, with fixed spreads starting at 1.8 pips. The broker does not charge commissions on trades, making it an attractive option for retail traders.
For more experienced traders, Capxm provides premium account options that offer additional features and benefits. These accounts may include lower spreads, higher leverage, and access to exclusive trading tools.
The broker also offers a demo account for new traders to practice their strategies without risking real money. Leverage varies depending on the account type, with retail clients typically receiving leverage of up to 1:30, while professional clients may access leverage ratios of up to 1:300.
6. Fund Management
Capxm supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with standard accounts starting at $100.
Deposits are processed quickly, with most transactions completed within a few hours. Capxm does not charge deposit fees, making it easy for traders to fund their accounts without incurring additional costs.
Withdrawal methods mirror those of deposits, and clients can expect their requests to be processed within 1-3 business days. The broker maintains a transparent fee structure, ensuring that clients are aware of any potential withdrawal fees that may apply.
7. Customer Support and Educational Resources
Capxm provides customer support through multiple channels, including phone, email, live chat, and social media. The support team is available during trading hours, ensuring that clients receive timely assistance.
The broker offers multi-language support, catering to a diverse clientele. Educational resources include webinars, tutorials, and eBooks that help traders enhance their skills and knowledge.
Market analysis services are also available, providing clients with daily insights, news, and research reports to aid in their trading decisions. Additionally, Capxm offers various trading tools, such as calculators and economic calendars, to assist traders in their market analysis.
8. Regional Coverage and Restrictions
Capxm primarily serves clients in Europe, Asia, and the Middle East. The broker has established offices in Cyprus and Seychelles, enhancing its regional presence.
However, Capxm does not accept clients from certain countries, including the United States, Canada, and Japan, due to regulatory restrictions. The broker is committed to compliance with international regulations and ensures that its services are available to clients in regions where it is authorized to operate.
In conclusion, Capxm broker presents a comprehensive trading platform backed by regulatory compliance and a diverse range of trading products. With its focus on customer support and educational resources, Capxm aims to create a conducive environment for traders of all experience levels.