Capitalix Review: A New Key Player in Forex Industry

Capitalix Review: A New Key Player in Forex Industry

by January 6, 2023

In our series of comprehensive & up-to-date Broker reviews, today we will be taking on Capitalix, an emerging & fastest-growing forex & CFD brokerage platform. Ever since its inception, the broker has evolved itself into a complete trading services provider. This Detailed Capitalix review will assess & analyze the broker’s services based on its fees, account varieties and product availability.

If you’re a potential user of the platform, this review will surely have a greater role in your decision. Apart from the above-listed aspects, our analysis report will also help you determine whether the trading conditions offered by the broker will suit you well or not.

Why Should You Choose Capitalix?

There are numerous reasons why choosing Capitalix is a decision you will never regret. No matter whether you’re a beginner looking for an entry-level platform or a professional searching for more advanced options, Capitalix seems to have the potential to cater to the need of every sort of trader.

If you still asking yourself – Why should you shoes the platform? Well, note down these below-mentioned reasons:

  • Lowest Spreads & No hidden fee to interrupt you.
  • Zero Commission On Trading allows you to cash out more of your profits.
  • Industry-best Leverage of Upto 1:200 that lets you maximize your profits by 200X
  • Felicitated with Industry Awards – Fastest Growing Forex Broker, GCC 2020.
  • FSA Regulations ensure your account safety.
  • Allow diversifying portfolio by offering to trade in all major asset classes.
  • Negative Balance Protection for additional security of funds.
  • 24×5 Multilingual support for all types of queries & help.

Is Capitalix Safe Or Scam?

Capitalix is a trusted and safest forex broker in terms of regulations, funds safety and user privacy. Additionally, the broker’s holding companies – 4Square SY Ltd and 4Square (CY) Ltd, are duly registered and regulated in Seychelles and Cyprus.

While the Seychelles entity is regulated by Financial Services Authority (FSA) with license number SD05, the broker’s Cyprus entity is registered in Cyprus and is due for regulations from CySEC.
In terms of funds safety, Capitalix offers Negative Balance Protection and keeps clients’ funds segregated from the company’s funds.

Overall, the above-listed points give strong indications of Capitalix being the safest & trustworthy broker. So, any possibility of it being a scam rules out itself.

Capitalix Review: Market & Product Information

With Capitalix, traders can have access to trade 150+ underlying assets across major global markets, including:

  • Forex
  • Cryptocurrencies
  • Stocks
  • Indices
  • Commodities
  • Metals

Supported Payment Methods For Deposit & Withdrawal

At Capitalix, there is no dearth of payment methods for deposits & withdrawals. Meanwhile, the deposits are processed immediately, while withdrawals may take upto 5 business days. Above all, there is no fee for deposit & withdrawal.

Available payment methods include:

  • SEPA
  • SWIFT
  • Visa
  • Mastercard
  • Maestro

Deposits

Capitalix Review: Account Information

The platform has a considerable listing of account types, from basic to VIP accounts. Here’s a list of available Capitalix account types and their features:

Basic Account

  • Maximum Leverage upto 1:200
  • Spreads start from 3 pips.
  • Welcome bonus of up to 20%
  • 24/5 Multilingual Customer Support

Silver Account

Similar features as the basic account, along with extra benefits of low spreads starting from 2.4 pips and an increased sign-up bonus to 40%.

Gold Account

Similar benefits as the Silver account, along with decreased spread charges to 1.8 pips, an additional feature of webinars and a sign-up bonus increase to 60%.

Platinum Account

  • Similar Features as Gold Account
  • Sign-up bonus of up to 80%
  • Spread Charges start from 1.2 Pips
  • Dedicated Account Manager

VIP Account

  • Similar Features as Platinum Account
  • Sign-up bonus of up to 100%
  • Spread Charges start from 0.3 Pips
  • Dedicated Account Manager

How Can You Open A Capitalix Account?

The steps to open a live trading account on Capitalix are listed below:

  • On the homepage, click on the “Open Account” icon.
  • Fill out the application form and click on “Register.”
  • Choose between a Live account and a demo trading account.
  • Fund your account and complete an online questionnaire part.
  • After that, the Capitalix team will review your application; once approved, you can start trading on the platform.

Capitalix Fees & Commissions

Capitalix’s fee is classified into two types – Spreads and Deposit Fees. The platform charges a fixed fee of 3%+ 0.25 cents per deposit, while spread charges greatly depend on your chosen account type. For instance,

  • Basic – 3 PIPs
  • Silver – 2.4 PIPs
  • Gold – 1.8 PIPs
  • Platinum – 1.2 PIPs
  • VIP – 0.3 Pips

Apart from this, there is no other fee or commission levied by the broker, which is probably the best part of trading with this platform.

account types

Capitalix Review: Leverage Exposure

One thing to clear here – we were really impressed with the platform’s leverage offering. And why should we not? It’s the best in the industry and probably the highest compared to its active competitors in the market.

  • Forex – 1:200
  • Metals – 1:200
  • Commodities – 1:100
  • Indices – 1:100
  • Cryptocurrencies – 1:05
  • Stocks – 1:20

Capitalix Review: Trading Platforms & Their User-Interface

The trading platforms offered by the broker include the most intuitive one – WebTrader, along with an advanced MetaTrader4 and a dedicated mobile application. The user interface of all these platforms is clean and icons & menus are easy to navigate and prompt.

Capitalix trading platforms come with advanced features like multiple timeframes, advanced analytical tools, an economic calendar and real-time market updates.

What Does Capitalix Offers In Terms Of Educational & Research Support?

The educational and research offerings of the broker are something every beginner trader asks for. The dedicated sections for research and educational offerings gave us another reason to rate this broker 5/5.

Research Tools

  • Daily Market Analysis
  • Trading Hours
  • Trading Conditions
  • Economic Calendar
  • Sentiment
  • Market Indicators.

Educational Resources

  • Asset Information
  • FAQs
  • Glossary

Capitalix Customer Support

The multilingual customer support extended by Capitalix was exceptionally great. We tried calling their toll-free number. The estimated waiting time was about 5 minutes, but we got a chance to connect with the team within 2-3 minutes. Overall, our experience was good, with the executive responding timely and accurately to our queries. Here’s how you can contact Capitalix customer support:

  • Email: support@capitalix.com
  • Live Chat
  • Telephone Assistance: +97142491118 (AE), +54 11 5236 2375 (AR), +35724267263 (CY)

Conclusion

Based on our findings from this deeply-analyzed Capitalix review, we would like to give 4./5 ratings to this broker. Firstly, it impressed us with its safety features, regulatory licenses, and tradable products’ availability. Other features worth mentioning here include its industry-best spreads, higher leverage, good selection of educational & research resources and prompt customer support. The only drawback we experienced was the unavailability of the MetaTrader5 platform.

 

Featured image credit: edited from Freepik

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