Are you ready to enter the world of crypto CFD and Forex trading, but where do you start? Well, the first step in trading is finding a broker, but with so many brokers and platforms out there, it can be difficult to know which one is right for you.
Capitalix is a broker that has been around for several years and has built a solid reputation in the industry. In this article, we’ll take a closer look at Capitalix and find out what sets it apart from the competition. We’ll also go over the key features of this platform so you can make an informed decision before signing up.
What is Capitalix?
Headquartered in the Seychelles, Capitalix is an online trading solutions provider that gives traders access to both the Forex and CFD markets. Capitalix is one of the few brokerage platforms that offers cryptocurrency contract for difference (CFD) trading and has more than 150 assets ranging from indices, stocks and precious metals available for trading. In terms of functionality, Capitalix provides both new and experienced users with the tools they need to succeed in trading.
Key features of Capitalix
If you’re looking for a broker, you want to make sure they offer the features that are important to you. Capitalix offers a variety of features, but some of the main ones are:
– Comfortable lever: Capitalix offers up to 1:200 leverage for currency pairs and 1:5 leverage for cryptocurrencies. It allows you to trade your favorite assets with smaller investments.
-Commission-free trading and low fees: Capitalix claims that there are no commissions on open auctions. Withdrawals are also free, but the platform charges a low 3% plus a commission of 0.25 cents per deposit, which is quite reasonable.
-Crypto CFD trading: Given the volatility of crypto assets, many brokers do not offer crypto CFDs. However, Capitalix allows traders to trade CFDs on popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin and others.
-Demo/Virtual account: Before you start risking your own money, you can open a virtual account and start trading virtual money. This makes the brokerage platform attractive to new traders who want to dive into the waters of Forex or CFD trading before investing money.
-Protection of negative balance: If your account goes into negative territory, your losses are limited to the amount in your account,
-Trading platforms: Capitalix is available on both desktop and mobile devices. They have a specially created mobile app and are available on MetaTrader4.
Is Capitalix a scam? How secure is the platform?
Choosing a Forex broker can be a difficult task. There are many factors to consider such as safety, regulation, customer service and security. Asking questions like these can help you make sure you’re comfortable with the platform before diving in too far.
We have extensively researched Capitalix and found them to be a legitimate, properly regulated broker with regulatory compliant licensed technology and investment offerings. The broker platform is licensed by the FSA and operates under the name 4Square SY Ltd, registered in Seychelles with registration number 8426168-1.
Fund transfers with Capitalix are secure and the platform is fully compliant with all industry standards and protects your funds with Secure Sockets Layer (SSL) encryption. The company also conducts a KYC process for every new trader to provide an added level of security.
Customer support is another integral aspect of a reputable broker. With Capitalix, we found their customer support team to be very responsive and helpful, helping customers quickly resolve any issues or questions they may have.
How to start trading on Capitalix
Capitalix has an easy-to-use platform tailored for both novice and experienced traders, so signing up is a very easy process with the following steps.
- Visit Capitalix.com and click “Open Account” to register. You can register via Google, Facebook or by filling out the registration form.
- After registration, you have the option to trade up to $100,000 in virtual currency by clicking on “Virtual Trade”.
- Click the “Trade” button to start trading with real money. You can deposit by credit card or bank transfer. Make sure you complete the KYC process.
- Withdrawal of funds can be made by credit cards (Visa, Mastercard, Maestro) or bank transfer within 3 working days.
Conclusion: Should You Use Capitalix?
So we take on Capitalix. Overall, we think they are a convenient and user-friendly option for trading with a good range of market indicators, research tools and other features. Capitalix won the Global Brands Magazine award as the fastest growing forex broker in the GCC, so they must be doing something right. You can trade from anywhere in the world where CFD trading is allowed, making them a great choice for international traders.
Visit Capitalix at www.capitalix.com/