Score

1.54 /10
Danger

CapitalXP

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

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Danger

MY SCM
2020-01-01

Warning

SG MAS
2019-10-08

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Warning: Low score, please stay away!
Previous Detection : 2025-01-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

CapitalXP · Company summary

Note: CapitalXP's official website https://www.capitalxp.net/ is currently inaccessible normally.

CapitalXPReview Summary
Founded2019
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex currency pairs, commodities, indices, crypto CFDs
Demo Account
LeverageUp to 1:100
EUR/USD SpreadAround 1 pip
Trading PlatformMT4
Min Deposit/
Customer SupportEmail: support@capitalxp.net
Regional RestrictionsUSA, Belgium, France, Iran, Canada and North Korea

CapitalXP is an offshore forex broker, owned by Quattro Holding Group, a company registered on Saint Vincent and the Grenadines. CapitalXP does not offer its services to residents of certain jurisdictions such as the USA, Belgium, France, Iran, Canada and North Korea.

Pros and Cons

Pros Cons
Various trading marketsInaccessible website
Demo accounts availableLack of regulation
MT4 providedWeak customer support
Lack of transparency

Is CapitalXP Legit?

CapitalXP is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, the current status shows that client transferring is prohibited.

Is CapitalXP Legit?
Is CapitalXP Legit?

What Can I Trade on CapitalXP?

Tradable financial instruments available on CapitalXP include forex currency pairs, commodities, indices.

Besides, CapitalXP claims to be offering crypto CFDs such as Bitcoin, Ripple, Ethereum and Litecoin, but those were not available in the demo accounts.

Account Type

CapitalXP offers 5 types of accounts, including Basic, Silver, Gold, Platinum, and Diamond. However, the minimum deposit requirement is not mentioned.

Account Type

Leverage

In terms of trading leverage, the maximum leverage level offered by this broker is up to 1:100. Professional traders may think this is a little conservative. However, inexperienced traders are advised not to use too high leverage, as it can amplify gains as well as losses.

Spread

There are no specific spread conditions on particular instruments. The minimum spread on the EUR/USD pair for the Standard account is around 1 pip, which seems quite align with the industry standard.

However, given the fact that CapitalXP is an unregulated broker, traders should stay away from it in spite of its trading conditions.

Trading Platform

CapitalXP offers its services on the MetaTrader4 (MT4) platform, which we always see as a positive in a brokers offer. The main strong sides of the MT4 are the great charts, the speed of execution, support of automated trading strategies, and the programming environment.

Trading PlatformSupported Available Devices Suitable for
MT4Web, desktop, mobileBeginners
MT5/Experienced traders

Deposit and Withdrawal

On CapitalXP, payment options include credit cards (VISA, MasterCard), bank wire, QIWI, and Yandex. However, details such as the processing time and fees are not clear.

User Reviews

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Natrada Boonmayaem
more than one year
Well, as a trader who's been with CapitalXP for some time, I have nothing but negative feedback for this broker. While they promised fast deposit and withdrawal processes, in reality, only the deposit process was quick. When it came time to withdraw my funds, their customer service was extremely rude and hostile, treating me as if I owed them money.
Well, as a trader who's been with CapitalXP for some time, I have nothing but negative feedback for this broker. While they promised fast deposit and withdrawal processes, in reality, only the deposit process was quick. When it came time to withdraw my funds, their customer service was extremely rude and hostile, treating me as if I owed them money.
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2023-03-28 21:13
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宫万姓
more than one year
What can I say... The world has become a very greedy place and it’s so sad but you can help beat this by never getting involved you don’t really understand... don’t let these horrible lazy people destroy your lives by taking your hard-earned money...
What can I say... The world has become a very greedy place and it’s so sad but you can help beat this by never getting involved you don’t really understand... don’t let these horrible lazy people destroy your lives by taking your hard-earned money...
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2023-03-09 17:27
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