Caxton FX Limited, founded in 2002, is a prominent player in the financial services industry, primarily focusing on providing prepaid currency cards and international money transfer solutions. The company is headquartered at 2 Leman Street, London, E1 8FA, United Kingdom. As a privately-held entity, Caxton has built a solid reputation over the years, catering to a diverse clientele that includes individual consumers and businesses seeking efficient currency exchange and payment solutions.
Caxton has experienced significant growth since its inception, marking several milestones along the way. Initially, it focused on offering competitive foreign exchange rates to travelers, but over the years, it has expanded its services to include international money transfers and business payment solutions. The company has successfully transferred over £1 billion in transactions annually, demonstrating its capability and reliability in the financial sector.
The business model of Caxton is centered around retail forex services, offering products such as multi-currency accounts and prepaid travel cards. This model not only serves individual customers but also addresses the needs of small to medium-sized enterprises looking for efficient payment solutions.
Caxton is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The regulatory number for Caxton FX Limited is 431844, and it operates under the Financial Services and Markets Act (FSMA). The company is also involved in issuing electronic money and payment services, with an additional registration number of 900663.
The FCA regulates Caxton to ensure compliance with stringent financial standards, which includes safeguarding client funds through segregated accounts. This means that clients' money is held separately from the company's operational funds, providing an added layer of security. In the unlikely event of financial difficulties, clients' funds remain protected.
Caxton adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all clients are properly verified to prevent financial crime. The company regularly updates its compliance framework to align with evolving regulations, thereby fostering a culture of trust and integrity.
Caxton offers a wide array of trading products, primarily focusing on foreign exchange (forex) and international money transfers. The broker provides access to over 28 currency pairs, including major currencies such as USD, EUR, and GBP. In addition to forex, Caxton also facilitates Contract for Difference (CFD) trading across various asset classes, including commodities and indices.
The company is known for its prepaid currency cards, which allow users to preload multiple currencies for international travel. This feature enables travelers to manage their expenses conveniently without the need for multiple cards. The products are regularly updated, and Caxton continuously seeks to expand its offerings based on market demand and customer feedback.
For retail clients, the services include competitive exchange rates with no hidden fees, making it an attractive option for individuals and businesses alike. For institutional clients, Caxton provides tailored solutions that may include white-label services and asset management.
Caxton supports the MetaTrader 4 (MT4) trading platform, which is widely recognized in the forex trading community for its robust features and user-friendly interface. The platform allows traders to execute trades, analyze market trends, and utilize automated trading strategies.
In addition to MT4, Caxton offers a proprietary web-based trading platform that is accessible from any device with internet connectivity. This platform is designed to provide a seamless trading experience, featuring real-time market data and advanced charting tools.
For mobile trading, Caxton has developed applications compatible with both iOS and Android devices, enabling clients to manage their accounts and execute trades on the go. The firm operates under a Straight Through Processing (STP) model, ensuring that trades are executed quickly and efficiently, minimizing slippage.
Caxton also supports API integration, allowing clients to connect their trading systems directly to the platform for automated trading and enhanced functionality.
Caxton offers various account types to cater to different trading needs. The Standard Account requires a minimum deposit of £100 and provides competitive spreads starting from 1.8 pips. For more experienced traders, advanced accounts with lower spreads and additional features are available.
The broker also offers Islamic Accounts for clients requiring Sharia-compliant trading options. Each account type comes with specific trading conditions, including leverage ratios that vary depending on the asset class being traded.
Caxton provides a demo account policy, allowing potential clients to practice trading without financial risk. The demo accounts are designed to simulate real market conditions, helping users familiarize themselves with the platform and trading strategies.
Caxton supports multiple deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account starting at £100. Deposits are typically processed within 1-3 business days, depending on the method used.
There are no deposit fees charged by Caxton, making it accessible for all clients. Withdrawals can be made using similar methods, with processing times generally ranging from 1-5 business days. However, clients should be aware of potential withdrawal fees, which may be applicable depending on the method selected.
The withdrawal limits are set to ensure compliance with regulatory standards, and clients can manage their funds efficiently through the broker's online platform.
Caxton prides itself on offering excellent customer support through various channels, including phone, email, and live chat. The support team is available during business hours, ensuring that clients can receive assistance promptly.
The broker provides multilingual support, catering to a diverse clientele. Additionally, Caxton offers educational resources such as webinars, tutorials, and e-books to help clients enhance their trading knowledge and skills.
Market analysis services are also available, providing clients with daily insights, news, and research reports to inform their trading decisions. Various trading tools, including calculators and economic calendars, are accessible to help clients plan their strategies effectively.
Caxton primarily serves the UK market, but its services are available to clients in over 170 countries worldwide. The company has established a strong presence in the international money transfer space, catering to both individual and business clients.
While Caxton operates in many regions, certain countries may be restricted due to regulatory limitations. Prospective clients should check the company's website for specific information on regions where services are unavailable.
In summary, Caxton is a well-regulated broker that offers a range of forex and money transfer services. With a commitment to compliance, competitive products, and robust customer support, Caxton is positioned as a reliable choice for both retail and institutional clients in the financial marketplace. Whether for individual travel needs or business transactions, Caxton broker continues to evolve and meet the demands of its diverse customer base.
ㅤ该怎么拒绝你呢
Singapore
Best Trading Platform! It is a place for me to start learning about trading. Guidance is so clear, and people can always support each other. I was so happy to journey with them!
Positive
2022-12-20