abstrak:CloudEx Capital is a recently established unregulated United Kingdom-based company offering Forex and Crude Oil trading services. With a focus on providing accessible trading options, they offer four account types—VIP, Gold, Silver, and Classic—with varying minimum deposit requirements ranging from $250 to $50,000. Leverage of up to 1:100 is available across account types. The platform, which is accessible via WebTrader, caters to Forex and Crude Oil traders. The company also offers educational webinars. While unregulated, CloudEx Capital provides a range of account options and educational resources to engage traders in the Forex and Crude Oil markets.
Key Information | Details |
Company Name | CloudEx Capital |
Years of Establishment | Less than 1 year |
Headquarters | United Kingdom |
Office Locations | Heron Tower, 110 Bishopsgate,London EC2N 4AY |
Regulation | Unregulated |
Tradable Assets | Forex, Crude Oil |
Account Types | VIP, Gold, Silver, Classic |
Minimum Deposit | $250 |
Leverage | Up to 1:100 |
Spread | From 0.9 pips |
Deposit/Withdrawal Methods | N/A |
Trading Platforms | WebTrader |
Customer Support Options | Phone (Whatsapp), Support Ticket System |
Educational Content | Webinars |
CloudEx Capital is a recently established unregulated United Kingdom-based company offering Forex and Crude Oil trading services. With a focus on providing accessible trading options, they offer four account types—VIP, Gold, Silver, and Classic—with varying minimum deposit requirements ranging from $250 to $50,000. Leverage of up to 1:100 is available across account types. The platform, which is accessible via WebTrader, caters to Forex and Crude Oil traders. The company also offers educational webinars. While unregulated, CloudEx Capital provides a range of account options and educational resources to engage traders in the Forex and Crude Oil markets.
CloudEx Capital operates without the oversight of any regulatory authority, making it an unregulated broker. This absence of regulation means that the company's activities are not subject to the scrutiny, guidelines, or restrictions that regulated entities adhere to. As a result, there is no external body overseeing or supervising its operations, and it doesn't need to comply with the regulatory standards set forth by financial authorities. This lack of regulation can potentially expose traders to higher risks, as there is no external framework to ensure transparency, adherence to ethical practices, or safeguarding of client funds. The absence of regulatory oversight may also mean limited recourse for traders in case of disputes or issues with the broker's services.
Pros | Cons |
Variety of Account Options | WebTrader as the Sole Platform |
Educational Webinars | Lack of Regulatory Oversight |
Demo Account | Limited Deposit/Withdrawal Information |
Non-Functional Live Support |
Pros:
Variety of Account Options: CloudEx Capital offers a range of account types to suit different trader preferences and budget levels, allowing traders to choose according to their individual needs.
Educational Webinars: The company provides educational webinars, which can provide valuable insights and knowledge to traders looking to enhance their trading skills.
Demo Account Availability: CloudEx Capital offers a demo account, allowing traders to practice and familiarize themselves with the platform before committing real funds.
Cons:
Limited Platform Diversity: CloudEx Capital provides only the WebTrader platform for trading, which might not cater to traders seeking alternative trading interfaces like MetaTrader.
Lack of Regulatory Oversight: The absence of regulatory oversight raises transparency concerns and potentially exposes traders to higher risks.
Limited Deposit/Withdrawal Information: The lack of detailed information about deposit and withdrawal methods raises transparency concerns and may leave traders with unanswered questions about their financial transactions.
Non-Functional Live Support: The non-functional live support button suggests that immediate customer support might not be easily accessible, which could be a drawback for traders in need of timely assistance.
CloudEx Capital provides trading opportunities in Forex and Crude Oil. Details are as follows:
Forex: CloudEx Capital provides access to the Forex market, allowing traders to engage in currency trading. This involves the exchange of one currency for another, aiming to profit from the fluctuations in exchange rates.
Crude Oil: In addition to Forex trading, CloudEx Capital offers the opportunity to trade in Crude Oil commodities. Traders can speculate on the price movements of Crude Oil, a widely traded commodity with global economic significance.
The following is a table that compares CloudEx Capital to competing brokerages:
Broker | Market Instruments |
CloudEx Capital | Forex, Crude Oil |
Alpari | Forex, Precious Metals, Energies, Indices |
HotForex | Forex, Precious Metals, Energies, Indices |
IC Markets | Forex, Precious Metals, Energies, Indices |
RoboForex | Forex, Precious Metals, Cryptocurrencies, Indices |
The account types offered by CloudEx Capital include VIP, Gold, Silver, and Classic. Specifics are as follows:
Classic Account: The Classic account is designed for traders looking to start with a minimum deposit of $250. This account offers trading in currency and Crude Oil, with leverage of up to 1:100 and a minimum position size of 0.01. The spread starts from 2.5 pips for currency pairs like EUR/USD. Classic account holders can access educational webinars and demo accounts to build their trading knowledge and skills.
Silver Account: The Silver account caters to traders with a minimum deposit of $10,000 and provides access to currency and Crude Oil trading. Leverage of up to 1:100 is offered, with a minimum position size of 0.01 and a spread starting from 2.5 pips for currency pairs like EUR/USD. Educational webinars and demo accounts are available to Silver account holders.
Gold Account: The Gold account requires a higher minimum deposit of $50,000 and offers trading in currency and Crude Oil. Leverage of up to 1:100 is available, with a spread starting from 1.8 pips for currency pairs such as EUR/USD. The account accommodates a minimum position size of 0.01. Traders considering this account can participate in educational webinars and utilize demo accounts to refine their trading strategies.
VIP Account: The VIP account offered by CloudEx Capital caters to traders seeking a higher level of engagement. With a minimum deposit of $250.00, this account provides access to currency and Crude Oil trading. Traders can leverage their positions up to 1:100, with a spread starting from 0.9 pips for currency pairs like EUR/USD. The VIP account allows for a minimum position size of 0.01, and traders can take advantage of educational webinars and demo accounts to enhance their trading skills.
Here is a comparison table of the account types:
Account Type | VIP Account | Gold Account | Silver Account | Classic Account |
Minimum Deposit | $250 | $50,000 | $10,000 | $250 |
Tradable Assets | Currency, Crude Oil | Currency, Crude Oil | Currency, Crude Oil | Currency, Crude Oil |
Leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 |
Minimum Position Size | 0.01 | 0.01 | 0.01 | 0.01 |
Navigate to the account page: Go to the CloudEx Capital website. On the side bar, click on the menu and select “Account Types” in the drop-down menu.
Explore Account Types: Browse through the different account types offered, such as VIP, Gold, Silver, and Classic, to determine which one suits your trading preferences and budget. Demo Accounts are also available.
Provide Personal Information: Fill in the required information in the registration form. This typically includes your full name, email address, phone number, and country of residence.
Set Login Credentials: Create a secure username and password for your account. Make sure to follow any specified password requirements for added security.
Verify Your Identity: Follow the instructions to verify your identity. This may involve submitting identification documents such as a passport or driver's license and proof of address.
Minimum Deposit
CloudEx Capital offers a range of minimum deposit rates across its account types to accommodate traders with varying budget levels. The VIP account requires a minimum deposit of $250.00, providing entry-level access to trading. The Gold account sets a higher threshold of $50,000, while the Silver account requires a deposit of $10,000. For traders seeking an even lower entry point, the Classic account offers a minimum deposit of $250. These distinct minimum deposit rates allow traders to choose an account type that aligns with their financial resources and trading objectives.
CloudEx Capital provides leverage options across its account types. However, despite advertising leverage as “Up to 1:500” on the main page, on the account information page, the stated maximum leverage is 1:100 across all accounts. This leverage allows traders to amplify their positions relative to their initial investment, potentially increasing both profits and risks.
Comparing the maximum forex leverage offered by CloudEx Capital with other brokerages such as Alpari, HotForex, IC Markets, and RoboForex, the leverage offered by CloudEx Capital is on the lower side, as demonstrated by the comparison table below.
Broker | Maximum Leverage Forex |
CloudEx Capital | Up to 1:100 |
Alpari | Up to 1:1000 |
HotForex | Up to 1:1000 |
IC Markets | Up to 1:500 |
RoboForex | Up to 1:2000 |
CloudEx Capital offers varying spreads for different currency pairs and commodities across its account types. The spread represents the difference between the buy and sell prices for a particular asset, impacting trading costs. For example, the VIP account offers a spread starting from 0.9 pips for currency pairs like EUR/USD, while the Gold account has a spread starting from 1.8 pips. The Silver and Classic accounts have spreads starting from 2.5 pips. These distinct spread values across account types allow traders to select the account that aligns with their preferred trading conditions and strategies.
CloudEx Capital currently only offers the WebTrader platform for trading compared brokerages like Alpari, HotForex, IC Markets, and RoboForex that provide a wider range of trading platforms, including MetaTrader 4, MetaTrader 5, and other alternatives.
WebTrader: This web-based platform allows traders to access the markets directly from their web browsers without the need for software installation. The WebTrader platform serves as the only interface for executing trades on the CloudEx Capital platform.
The following table compares the trading platforms offered by CloudEx Capital to those of competing brokerages:
Broker | Trading Platforms |
CloudEx Capital | WebTrader |
Alpari | MetaTrader 4, MetaTrader 5, Alpari Invest |
HotForex | MetaTrader 4, MetaTrader 5, HotForex WebTrader |
IC Markets | MetaTrader 4, MetaTrader 5, cTrader |
RoboForex | MetaTrader 4, MetaTrader 5, R Trader |
Phone Support: CloudEx Capital offers phone support for customer inquiries. Traders can reach out to the company by dialing the provided phone number, +44 7495750614, for assistance with their trading-related questions.
Ticket Support: In addition to phone support, customers can submit a ticket to CloudEx Capitals customer support. Response times may vary greatly.
CloudEx Capital provides educational webinars to enhance traders' understanding of the markets and trading strategies. These webinars may offer valuable insights and knowledge that traders can apply to their trading activities.
CloudEx Capital, a relatively new unregulated broker in the trading landscape, offers traders a selection of account types to suit their individual preferences and financial resources. Each account type comes with distinct features such as varying minimum deposit requirements, enabling traders to tailor their choices based on their budgetary constraints. With a web-based trading platform, the company facilitates access to the Forex and Crude Oil markets, allowing traders to speculate on currency and commodity price movements.
Moreover, while phone support is available, the absence of a functional live support button indicates potential gaps in immediate customer assistance. While the company's provision of educational webinars and demo accounts indicates an effort to support trader learning, the overall offering is comparatively narrower in terms of customer support options and trading platforms, differing from more established brokerages that present a broader array of assistance channels and trading interfaces.
Q: What is the minimum deposit required to open an account with CloudEx Capital?
A: The minimum deposit varies based on the account type, ranging from $250 to $50,000.
Q: What is the maximum leverage offered by CloudEx Capital?
A: The maximum leverage available for trading is up to 1:100 across all account types.
Q: What trading instruments are available on CloudEx Capital's platform?
A: CloudEx Capital offers trading in Forex currency pairs and Crude Oil commodities.
Q: How can traders reach customer support at CloudEx Capital?
A: Traders can contact customer support through phone support.
Q: Does CloudEx Capital provide educational resources for traders?
A: Yes, the company offers educational webinars to enhance traders' understanding of the markets.
Q: Is CloudEx Capital a regulated broker?
A: No, CloudEx Capital operates as an unregulated broker.