Capitalix Review: Scam Or Reliable? Research-Backed Findings

capitalix-whiteCapitalix is a state-of-the-art Seychelles-based online broker that has been active for global traders for over three years. Its industry-best services, along with the lowest fee structure, make it one of the most convenient brokers for online trading right now. In fact, there are numerous other reasons why a trader would choose this platform; all will be discussed in this detailed Capitalix review.

So, in this series of the broker’s reviews, we will be taking on Capitalix today. While the platform’s product offering is well-balanced, the fee structure is pretty transparent and the account opening procedure is quick & hassle-free, it still falls short in some areas.

By the end of this in-depth Capitalix Review, we are sure readers will get a clear overview of whether the broker is worth their money or just a waste of time.

What Is Capitalix?

Capitaix is an online Forex and CFD broker based in Seychelles and Cyprus and regulated by the Financial Service Authority (FSA), the competent body to regulate the European financial market. Ever since its inception, the broker has won several industry awards, including “Fastest Growing Forex Broker, GCC 2020.”

Holding a strong presence among global traders, the brokerage currently offers its services in 100+ countries around the world, including South Africa and India. Capitaix is a very popular online broker among retail traders because it allows them to trade in all sorts of financial products (Forex, Stocks, ETFs, Indices, Cryptocurrencies and Commodities) at very low & minimal trading charges.

The platform is available in several languages, including English, Arabic, Dutch, French and Spanish. Moreover, Capitaix has a very intuitive and easy-to-use website and a very practical mobile application available for both iOS and Android.

Can You Trust Capitalix Or Is It A Scam?

The very first aspect to look for while choosing a broker is to ensure whether it can be trusted or just a scam. In the case of Capitalix, the FSA regulations rule out any possibility of it being a scam.

The brokerage abides by all the rules and regulations of the Financial Services Authority (FSA), meaning the authority oversees all the platform’s trading activities.

Additionally, the broker’s registration and physical presence further add to its reliability and trustworthiness. The brokerage platform is owned and managed by two business entities – 4Square SY Ltd and 4Square (CY) Ltd.

  • 4Square SY Ltd is a Seychelles-registered financial service provider with an FSA license number SD052 and registered address at CT House, Office 4B, Providence, Mahe, Seychelles.
  • 4Square (CY) Ltd is registered in Cyprus with registration number HE404118 and registered address Makariou ΙΙΙ, 256, CHARAKI COURT, Flat D4, 3105, Limassol, Cyprus.

Capitalix Review: Pros & Cons

Undoubtedly, Capitalix offers the best-in-class services, but there are still some drawbacks to consider. Here’s a curated list of the pros and cons of Trading with Capitalix:

Pros Cons
Diverse Set Of Underlying Assets MetaTrader5 Not Available
Industry-best Fee Structure Doesn’t Accept US Clients
24×5 Multilingual Customer Support
Offers Negative Balance Protection
Advanced Analytical & Research Tools
Dedicated Knowledge Section for Beginners

Capitalix Review: Accounts Information

While many online brokers are limited to very few account offerings, Capitalix offers five different types of accounts, created keeping in mind both Novice and seasoned traders.

All these account types have different trading conditions, leverage offerings and spread charges, which we have presented in a table format, so you can easily compare them and end up with the best option.

Features Basic Gold Silver Platinum VIP
Minimum Spreads 3 PIPS 2.4 PIPS 1.8 PIPS 1.2 PIPs 0.3 PIP
Maximum Leverage 1:200 1:200 1:200 1:200 1:200
Dedicated Account Manager N/A N/A N/A Yes Yes
Webinars No No Yes Yes Yes
24×5 multilingual Customer Support Available Available Available Available Available
Sign Up Bonus Up to 20% Up to 40% Up to 60% Up to 80% Up to 100%

Capitalix Demo Account Reviewed

Along with five live trading accounts, the broker also offers a free demo trading account with unlimited validity. With virtual funding of $100,000, beginners can practice trading before moving on to the real account; advanced traders can testify their new trading strategies before applying them in real trade.

How To Open A Live Trading Account On Capitalix?

Hope the above-listed table in this Capitalix Review helped you choose the best account type. Now that you have made up your mind on a particular account type, it’s time to create one to start trading on the platform.

The account opening process is hassle-free and takes a few minutes to get activated and verified; henceforth, further saving your worthy time.

  • On the homepage of Capitalix, click on “Open Account” and complete the basic information requested. Click “Register.”
  • Now, you’ll have the option to choose between a Virtual or a Real account. Select the Real account option.
  • Deposit funds and complete an online questionnaire part.
  • Once the information is duly checked and verified by the team and checked, you will be able to start real trading.

Capitalix Review: Deposits & Withdrawals

The platform offers plenty of payment modes for deposits and withdrawals. Apart from Card deposits and Bank Wire transfers, there are options for E-wallets too.

Here’s a list of payment modes for Capitalix deposits & withdrawals:

Payment Modes Processing Time
Credit/Debit Card (MasterCard, Visa, Maestro) 3 Business Days
Bank Wire Transfer 3 Business Days
SWIFT 3 Business Days
SEPA 3 Business Days

What Is The Capitalix Minimum Deposit Requirement?

The minimum deposit requirement for Capitalix is set at $250. You can fund with the minimum amount through the above-mentioned payment methods.

How To Deposit Funds Into Capitalix?

Capitalix charges 3%+ 0.25 cents for depositing funds in your account. The process for depositing funds into your Capitalix account is listed below:

  • Log in to your account and select the Deposit tab.
  • Enter the amount and select your preferred payment mode.
  • Click on ‘Continue,’ and your account will be funded immediately.

How To Withdraw Money From Capitalix?

Before proceeding with withdrawals, ensure you know the minimum withdrawal amount, i.e., $50.

  • Go to the “My Account” section of your account, enter the amount and click “Confirm.”
  • You will get an E-mail confirmation instantly.
  • The withdrawal may take upto 72 hours to process. Meanwhile, you can track it by going to your account’s “Transaction History” section.

Capitalix Fees, Commission & Spreads

The fee structure of Capitalix is comparatively transparent and lower than other online CFD brokers out there. Above all, it doesn’t charge a commission on any trade placed on the platform. However, a deposit fee of 3%+ 0.25 cents should be lowered.

At the same time, the spreads charged by the platform vary depending on the chosen asset and selected account type. Here the detailed overview of Capitalix Spread charges is listed below:

  • Basic Account – 3 Pips
  • Silver Account – 2.4 Pips
  • Gold Account – 1.8 Pips
  • Platinum Account – 1.2 Pips
  • VIP account – 0.3 Pips

Capitalix Review: Maximum Leverage Offered

The maximum leverage offered by the broker is 1:200; however, you’ll need to prove your eligibility for the same. At the same time, the availability of maximum leverage also depends on your chosen assets, for instance:

  • Forex – 1:200
  • Indices – 1:100
  • Metals – 1:200
  • Commodities – 1:100
  • Stocks – 1:20
  • Cryptocurrencies – 1:05

Which Trading Assets Does Capitalix Offer?

The platform’s trading instrument offerings are well-balanced, with the availability of 150+ underlying assets from the following financial markets:

  • Forex (EUR/USD, USD/JPY, GBP/USD, EUR/GBP, etc.)
  • Commodities (BRNT, LCTT, CL, NGAS, SUG11, etc.
  • Stocks (Facebook, Apple, Google, Microsoft, Netflix, Alibaba)
  • Indices (FTSE, CAC, NK, SP500)
  • Cryptocurrencies (BTC/USD, ETH/USD, LTC/USD, XRP/USD)

Capitalix Review: Available Trading Platform

Along with a dedicated Capitalix app, the broker offers two of the most advanced trading platforms – WebTrader & MetaTrader4. The user-interference and advanced tools offerings of the platform are exceptional. While WebTrader can be run without any additional software download, the MT4 app can be downloaded on both Desktops and smartphones.

Let’s take a look at the features of each trading platform through this detailed Capitalix review:

WebTrader

  • Latest News Alerts
  • Asset Sentiments
  • User-friendly Interface
  • One-click Trading Feature
  • Market Indicators
  • Economic Calendar

MetaTrader4 (MT4)

  • Quick trading session
  • Market Indicators
  • Stop Loss and Take Profit Functions
  • Multiple Timeframes
  • Analytical tools
  • Economic Calendar
  • Real-time market updates
  • Take Profit and Stop Loss

Capitalix App

  • Extensive Range Of Market Indicators
  • Economic Calendar
  • Latest News Alerts
  • Asset Sentiments
  • Available for both iOS and Android
  • Real-time Market Alerts
  • One-click Trading Feature
  • Safety of Data and Privacy

Capitalix Review: Availability Of Educational & Research Tools

Capitalix can be termed to be a perfect & best broker, not only in terms of services but what it offers outside of that. Apart from trading services, the website’s dedicated knowledge and research section is worth appreciating, giving traders one more reason to choose the platform.

Here are what Capitalix has to offer its users in terms of education and research support:

Educational Tools

  • Asset Information
  • FAQs
  • Glossary

Research Tools

  • Daily Market Analysis
  • Trading Hours
  • Trading Conditions
  • Economic Calendar
  • Sentiment
  • Market Indicators

Review Of Capitalix Customer Support Services

The multilingual customer support extended by Capitalix is available in English, Spanish, Dutch, Arabic and French. The regional support team is available 24×5 to resolve customers’ queries related to account opening, deposits and withdrawals. Despite offering the best customer support, our only advice to the platform is to extend the services to weekends.

Here are the contact details for Capitalix Customer Support:

  • Live Chat
  • Email: support@capitalix.com
  • Tele Phone Number: +97142491118 (AE), +54 11 5236 2375 (AR), +35724267263 (CY)

Conclusion

The research-backed findings from this in-depth Capitalix review indicate the broker is worthy of your deposits and time. And if you have completely read this review, you probably know why.

But if you miss out on some points, here’s why choosing Capitalix as your trading partner is a good decision – It is well-regulated, ensures total safety; have a low fee structure, allows you to cash out maximum profit; and offers advanced trading platforms for an enhanced experience.

FAQs

What Documents Do I Need For Capitalix Account Verification?

In order to comply with the regulations of AML and KYC policy, you’ll need to send government-issued identity documents proving your identity and your place of residence.

Are My Funds Safe With Capitalix?

Yes, your funds are totally safe with Capitalix, as the broker is well-regulated and offers Negative Balance Protection.

Is There Any Deposit Fee On Capitalix?

Yes, the platform charges a deposit fee of 3%+ 0.25 cents for depositing funds in your account.

Can I Trade 24×7 On Capitalix?

No, the platform is tight according to the financial market, hence, allowing you to trade 24×5.

How Can I Contact the Capitalix Customer Care?

You can connect to Capitalix customer support through the following channels:

Email: support@capitalix.com

Tele Phone Number:+41 555 083 235 (DE), +97142491118 (AE), +54 11 5236 2375 (AR), +56227120378 (CL), +541152362375 (AR), +50224581123 (GT), +525599900281 (MX), +5078355542 (PA) and +5154375826 (PE).

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