Abstract:Capixtrade is an unregulated brokerage company based in Switzerland. It offers trading on cryptocurrencies, stocks, commodities, indices, and forex with leverage up to 1:200 via the MT4 platform. The minimum deposit requirement to open a live account is as high as $1 500.
Note: Capixtrade's official website: https://capixtrade.io/ is currently inaccessible normally.
Capixtrade Review Summary | |
Founded | 2024 |
Registered Country/Region | Switzerland |
Regulation | No Regulation |
Market Instruments | Cryptos, Stocks, Commodities, Indices, Forex |
Demo Account | ❌ |
Leverage | Up to 1:200 |
Spread | / |
Trading Platform | MT4 |
Min Deposit | $1 500 |
Customer Support | Working Hours: 8 AM to 5 PM (GMT +1) Monday – Friday |
Phone: +61 2 4057 6394, + 44 2035 408989, +1 579 539 1318, +34 930 412 044 | |
Email: support@capixtrade.com | |
Address: Rue Pré-de-la-Bichette, Geneva, Switzerland |
Capixtrade is an unregulated brokerage company based in Switzerland. It offers trading on cryptocurrencies, stocks, commodities, indices, and forex with leverage up to 1:200 via the MT4 platform. The minimum deposit requirement to open a live account is as high as $1 500.
Pros | Cons |
Diverse trading assets | Non-functional website |
Multiple account types | No regulation |
MT4 provided | No demo accounts |
High minimum deposit |
At present, Capixtrade lacks valid regulation. Its domain was registered on March 11, 2024, and the current status is “client Delete Prohibited, client Hold, client Transfer Prohibited, client Update Prohibited”. We advise you choose regulated brokers instead.
Capixtrade offers cryptocurrencies, stocks, commodities, indices, and forex.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit |
Basic | $1 500 |
Silver | $25 000 |
Gold | $50 000 |
Platinum | $150 000 |
VIP | / |
Capixtrade claims to offer leverage up to a maximum of 1:500. Nevertheless, when it comes to the leverage for accounts, we discovered that the maximum is actually 1:200.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
Capixtrade supports payments through PayPal, Bank wire, Skril, Neteller, and Credit card.
Payment Option | Fee | Deposit Time | Withdrawal Time |
Bank wire | $25+ | 2-5 business days | 5-10 business days |
Credit card | ❌ | Instant | 24 hours |
PayPal | 2% | 1 hour | 24 hours |
Skrill | 2% | 1 hour | 24 hours |
Neteller | 2% | 1 hour | 24 hours |
FBK Markets, a young South African forex broker, targets both beginners and experienced traders within this region. This broker shines at its low minimum deposit required, 100% deposit bonus, and flexible account options, yet we cannot consider it reliable as it operates without any regulation. Furthermore, it features an approximately 70% withdrawal failure rate.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.