Abstract:CAPITALFX, a trading name of Aegion Group Ltd, is allegedly a forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with four different live account types.
Note: CAPITALFX is to operate via the website - https://www.capital-fx.info/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No regulation |
Market Instrument | forex |
Account Type | Bronze, Silver, Gold and Black |
Demo Account | N/A |
Maximum Leverage | N/A |
Spread | N/A |
Commission | N/A |
Trading Platform | N/A |
Minimum Deposit | $500 |
Deposit & Withdrawal Method | N/A |
CAPITALFX, a trading name of Aegion Group Ltd, is allegedly a forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with four different live account types.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, etc.
As for regulation, it has been verified that CAPITALFX currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.17/10. Please be aware of the risk.
Market Instruments
CAPITALFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Account Types
CAPITALFX claims to offer four types of trading accounts, namely Bronze, Silver, Gold and Black, with minimum initial deposit requirements of $500, $3,000, $7,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of c100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement at CAPITALFX is said to be $5000. However, the broker says nothing about the deposit and withdrawal methods.
Customer Support
The only way you can approach CAPITALFX is via email: info@capital-fx.info. However, this broker doesnt disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Multiple account types can be chosen from | • No regulation |
• Website inaccessible | |
• High minimum deposit (500) | |
• Lack of transparency |
Frequently Asked Questions (FAQs)
Q 1: | Is CAPITALFX regulated? |
A 1: | No. It has been verified that CAPITALFX currently has no valid regulation. |
Q 2: | What is the minimum deposit for CAPITALFX? |
A 2: | The minimum initial deposit at CAPITALFX to open an account is as high as $500. |
Q 3: | Is CAPITALFXa good broker for beginners? |
A 3: | No. CAPITALFX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high initial deposit. |
In Forex trading, even small fluctuations can make a significant difference, especially over the long term. One crucial factor that seasoned traders pay close attention to is the spread – the difference between the bid (selling) price and the ask (buying) price of a currency pair. While beginners may overlook its impact, experienced traders understand that spreads play a crucial role in trading costs, strategy selection, and overall profitability.
Analyzing last year's trading data offers invaluable insights into market trends, helps refine trading strategies, and enhances decision-making for future trades.
For new traders entering the world of forex, choosing the right broker is one of the most crucial decisions they’ll make. A reliable broker can serve as a trusted partner, providing a platform that’s secure, transparent, and regulated. However, with thousands of options available, selecting the right broker can be overwhelming. That is why WikiFX is here to make things easy for you!
In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!