CapitalXP-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

CapitalXP is an offshore forex broker, owned by Quattro Holding Group, a company registered on Saint Vincent and the Grenadines. Quattro Holding Group is a company with no valid regulation. CapitalXP does not offer its services to residents of certain jurisdictions such as the USA, Belgium, France, Iran, Canada and North Korea.

Market Instruments

Tradable financial instruments available on the CapitalXP website include forex currency pairs, commodities, indice. Besides, CapitalXP claims to be offering crypto CFDs such as Bitcoin, Ripple, Ethereum and Litecoin, but those were not available in the demo account.

Minimum Deposit

In terms of minimum initial deposit, CapitalXP does not make this part clear. However, since this broker is an unregulated one, traders should stay away from it no matter the initial deposit amount it offers low or high.

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 trader are advised not to use too high leverage, as it can amplify gains as well as losses.

Spreads & Commissions

There is 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 Available

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.

Deposit & Withdrawal

Payment methods are missing on the CapitalXP website. This is weird. Most legit brokers would support some common funding options, such as bank transfer, Visa, MasterCard, as well as some popular e-wallet methods like Skrill and Neteller.