CapXM Spreads, leverage, minimum deposit Revealed-WikiFX

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WikiFX | 2024-11-05 18:53

Abstract：Founded in 2015, CapXM is allegedly a forex broker based in Saint Vincent and the Grenadines that provides its clients with multiple tradable assets with leverage up to 1:400 and variable spreads from 0.6 pips on the industry-standard MetaTrader4 and mobile app trading platforms.

CapXMReview Summary
Founded	2015
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Forex, CFDs, stocks, commodities, indices and cryptocurrencies
Demo Account	/
Leverage	Up to 1:400
EUR/USD Spread	0.6 pips
Trading Platform	MT4, mobile app
Min Deposit	$250
Customer Support	Contact form: name, email address, skype, phone, message
	Phone: +44 23 8000 0710
	Email: finops@capxm.com
	Company address: The Financial Services Centre, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines
Regional Restrictions	St. Vincent and the Grenadines, Algeria, USA, UK, Belarus, Canada, China, Iran, Syria, North Korea, Myanmar, Russia, Sudan, Syria, Ukraine

　　Founded in 2015, CapXM is allegedly a forex broker based in Saint Vincent and the Grenadines that provides its clients with multiple tradable assets with leverage up to 1:400 and variable spreads from 0.6 pips on the industry-standard MetaTrader4 and mobile app trading platforms.

Pros and Cons

Pros	Cons
None	No regulation
	No trading software
	Multi-area restricted services

Is CapXM Legit?

　　It has been verified that CapXM currently has no valid regulation.

What Can I Trade on CapXM?

　　CapXM advertises that it is a multi-asset platform with an extensive range of trading instruments in financial markets, including forex, CFDs, stocks, commodities, indices and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Stocks	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
Mutual Funds	❌
ETFs	❌

Leverage

　　The maximum leverage ratio provided by CapXM is much higher than most brokers, up to 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

CapXM Fees

　　CapXM reveals that the spread for the currency pair EUR/USD on the Standard account is 0.6 pips.

Trading Platform

　　When it comes to trading platforms available, CapXM gives traders the worlds most widely-used MetaTrader4 and mobile app trading platforms. MT4 is known as one of the most successful, efficient, and competent forex trading software, offering an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While with the MT4 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit and Withdrawal

　　From the information on the Internet, we understand that CapXM seems to accept deposits and withdrawals via credit/debit cards like Visa and MasterCard, Skrill, Neteller, UnionPay and Uphold, yet we cannot be sure if these payment options are all available. The minimum deposit requirement is said to be $250.