You’re ready to venture into the world of cryptocurrency CFDs and forex trading, but where do you start? Well, the first step in trading is finding a broker, but with numerous brokers and platforms, knowing which one is right for you can be difficult.
Capitalix is a broker that has been around for a few years and has built a strong reputation in the industry. In this article, we’ll take a closer look at Capitalix and find out what makes it stand out from the competition. We’ll also review the key features of this platform, so you can make an informed decision before signing up.
What is Capitalix?
Based in Seychelles, Capitalix is an online trading solutions provider that provides traders with access to the Forex and CFD markets. Capitalix is one of the few brokerage platforms that offer cryptocurrency CFD trading, and has over 150 assets ranging from indices, stocks and precious metals available for trading. In terms of functionality, Capitalix provides both new and experienced users with the necessary tools to be successful in their trading.
Capitalix Key Features
When you are looking for a broker, you want to make sure that they offer the features that are important to you. Capitalix offers a variety of features, but some of the top ones include:
-Convenient leverage: Capitalix offers leverage of up to 1:200 for its currency pairs and 1:5 leverage for cryptocurrencies. This allows you to trade your favorite assets with smaller investments.
-Trade without commissions and low fees: Capitalix claims that there are no commissions on open trades. Withdrawals are also free, but the platform charges a low fee of 3% plus 0.25 cents per deposit, which is quite reasonable.
-Cryptocurrency CFD trading: Considering the volatility of crypto assets, many brokers do not offer crypto CFDs. However, Capitalix allows traders to trade CFDs on popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin and a few others.
-Demo/Virtual Account: You can open a virtual account and practice trading virtual money before you start risking your own money. This makes the brokerage platform attractive to new traders looking to dip into the waters of Forex or CFD trading before investing any money.
-Negative balance protection: your losses are limited to the amount you have in your account if your account goes into negative territory,
-Commercial platforms: Capitalix is available for both desktop and mobile devices. They have a custom mobile application and are accessible in MetaTrader4.
Is Capitalix a scam? How secure is the platform?
Choosing a Forex broker can be a daunting task. There are many factors to consider such as safety, regulation, customer service, and security. Asking questions like these can ensure that you feel comfortable with the platform before you dive too deep.
We have extensively investigated Capitalix and found it to be a legitimate and properly regulated broker with licensed technology and investment offerings that are compliant with regulatory bodies. The brokerage platform is licensed by the FSA and operates under 4Square SY Ltd, a company registered in Seychelles under registration number 8426168-1.
Funds transfer with Capitalix is secure and the platform fully adheres to all industry standards and protects your funds with Secure Sockets Layer (SSL) encryption. The company also conducts a KYC process for each new merchant to provide an added level of security.
Customer support is another integral aspect of a trusted broker. With Capitalix, we have found their customer support team to be very responsive and helpful, helping clients quickly resolve any issues or questions they may have.
How to start trading at Capitalix
Capitalix has a user-friendly platform that suits both beginner and experienced traders, so signing up is a very easy process with the following steps.
- Visit Capitalix.com and click “Open an account” to register. You can register through Google, Facebook or by filling out the registration form.
- After signing up, you have the option to trade $100,000 in virtual money by clicking on “Virtual Trade”.
- To start trading for real money, click the “Trade” button. You can make deposits by credit card or by bank transfer. Make sure you complete the KYC process.
- Withdrawals can be processed via credit cards (Visa, Mastercard, Maestro) or bank transfer with a processing time of 3 business days.
Conclusion: Should you use Capitalix?
So there you have it, our version of Capitalix. Overall, we think they’re a convenient and easy-to-use option for trading, with a good variety of market indicators, research tools, and other features. Capitalix won Global Brands Magazine’s award for fastest growing forex broker in GCC, so they must be doing something right. You can trade from anywhere in the world where CFD trading is allowed, making them a great option for international traders.
Visit Capitalix at www.capitalix.com/