Capex Review 2022

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Capex offers a portfolio of trading products and leading investing tools.

  • Best Dealing Room 2019 - Forex Awards
Bonus$5,000 deposit bonus
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs, blends
Demo AccountYes
Min. Deposit$100
Payment Methods
Min. Trade0.01 lots
Regulated ByCySEC, FSCA, ADGM
MetaTrader 4No
MetaTrader 5Yes
Trading CentralYes
STP AccountNo
ECN AccountNo
DMA AccountNo
MAM AccountNo
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsYes
Margin TradingNo
Volatility IndexNo
Spot TradingNo
Perpetual SwapsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingYes
Social TradingNo
Copy TradingNo
Trade SignalsYes
Islamic AccountYes
Guaranteed Stop LossNo
CFD TradingCapex offers leveraged CFD trading on financial markets.
CFD FTSE Spread1.2
CFD GBPUSD Spread1.8
CFD Oil Spread0.05
CFD Stocks SpreadVariable
CFD Leverage1:30 Retail, 1:300 Professional
Forex TradingTrade 50+ currency pairs with leading tools.
Forex GBPUSD Spread1.8
Forex EURUSD Spread1.8
Forex EURGBP Spread3
Forex Assets55
Crypto TradingBuy and sell top cryptos against the USD.
Crypto SpreadFloating
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • RXP
Risk Warning – Your capital is at risk

Capex is a global broker with over 2,100 trading instruments across forex, commodities, indices, cryptocurrencies, ETFs, bonds, blends and shares. This review covers the account types offered, spreads, leverage, platforms and more. Read on to see whether Capex is the right broker for you.

Capex Company Details

Capex (formerly CFD Global), is a Cypriot based global company established in 2016. The brokerage is operated by Key Way Investments Limited and has been an official trading partner of the Juventus Football team since 2016.

Capex is regulated in a number of jurisdictions by the CySEC, FSCA and ADGM and is registered with national authorities across the world, including the UK.

Note the broker does not accept traders from the US, Canada and Japan.

Trading Platforms

Capex offers two trading platforms, WebTrader and MetaTrader 5 (MT5).

MetaTrader 5

Members can trade with the industry-favourite MT5 platform. The online system is a world-renowned and trusted option among traders. The platform dashboard provides an intuitive interface that is fully customisable with advanced analytics.

Users benefit from:

Capex MetaTrader 5 platform
Capex MetaTrader 5 platform


Capex also offers a proprietary WebTrader platform designed for more advanced traders. The platform is fully customisable with 6 chart types, 90 popular indicators, advanced analysis tools and Trading Central, which delivers analysis and recommendations from financial experts. The platform is easily accessible on any device and does not require any downloads.

Capex WebTrader platform
Capex WebTrader platform

Capex Assets

Clients can trade across a wide range of 2,100+ instruments:

Spreads & Prices

Most spreads at Capex are floating, with only a handful of fixed spreads on selected forex pairs, including GBPUSD and EURUSD. Spreads come as low 0.01 pips. Typical spreads on leading pairs GBPUSD and EURUSD are 1.8. Typical spreads on FTSE100 are 1.2 and 0.65 on S&P 500.

Islamic accounts are swap-free. Otherwise, Capex charges an overnight fee. A formula for how the swap fee is calculated can be found on the MT5 platform.

Capex makes its money through fixed and variable spreads. Thus, the broker does not charge any commission.

Leverage Requirements

For retail clients, leverage starts at 1:2, with maximum leverage capped at 1:30 based on ESMA regulation. However, professional clients can trade with leverage up to 1:300.

Under the website’s Trading Conditions page, you can view relevant information for each instrument. Here, you can find initial and maintenance margins, leverage, overnight rollover percentage, and trader trends.

Mobile Trading

Capex does have a proprietary mobile app for both iOS and Android devices. The app provides secure access to your trading account with all the tools you need to trade on-the-go. You can open and close trades, deposit or withdraw among other features. Over 200 users have also submitted positive reviews, citing that it is easy to navigate. The Capex mobile app is available to download on the App Store and Google Play.

Capex mobile trading app
Capex mobile trading app

Both MT5 and WebTrader platforms are also available as mobile apps on iOS and Android devices. Each mobile version has the same functionality and access to powerful instruments as the desktop terminals, with some limitations in charting and viewing options. However, customer reviews and rankings of the mobile solution are excellent.


Capex does not charge any deposit fees and the minimum deposit requirement is $100. Accounts can be opened in EUR, CZK, DKK, EUR, GBP, HUF, PLN, SEK and ZAR.

Deposit methods available include:

Withdrawals are only released via the same method in which the payment was originally submitted. All withdrawal requests are processed within one business day.

Demo Account

Capex does not provide a free demo account. However, a demo account is included in all account type packages. This demo account is beneficial for traders of all levels who want to access the platform’s full capabilities while practicing trading plans without any monetary risk.

Capex Bonuses

Capex does not offer bonuses under CySEC and FSRA regulation. However, there are some bonus offers available under FSCA regulation. For example, traders can get up to a $5000 first time deposit bonus, a refer a friend bonus and rebates on the spread. Find the full details on Capex’s website. Users can also enter any promotional codes during the signup process.

Regulation & Licensing

Capex is regulated by trusted regulators, CySEC (license no. 292/16), FSCA (license no. 37166) and ADGM (license no. 190005). The company is also registered with national authorities all over the world. The comprehensive list of regulation and authorisation is indicative of how robust Capex’s operations are. Thus, clients should feel assured that the broker is not operating a scam.

Capex also offers all clients negative balance protection, which means users can’t lose more than the funds invested.

Additional Features

Capex provides a training academy suitable for beginners. The programme includes a vast library of educational training videos, which are mainly focussed on forex trading. There is also a comprehensive financial dictionary available on the website.

Capex trading tools
Capex trading tools

Trading Accounts

To open an account with Capex, you need to register in the top right corner of the broker’ website. You must also provide documentation and complete an ‘Appropriateness Test’ that evaluates your trading knowledge to determine your access to CFDs. Once a member, you can sign in to your account in the same area.

Capex offers three categories of account types, with varying value and features:

As mentioned earlier, all account types require a minimum deposit of $100.



Trading Hours

Each market is subject to specific trading hours. Opening hours on forex, indices and commodities markets are open 24/5 from Monday to Friday. Specific trading hours for each market can also be viewed on the Capex website under Trading Conditions or on the MT5 platform.

Customer Support

Capex Customer service can be contacted with questions via the Help option on the website. Alternatively, you can contact support on the telephone hotline at +27 100 065 481 or email at

The company’s headquarters are based in South Africa – Suite 10, 21 Lighthouse Rd 201 Beacon Rock, Umhlanga Rocks, Kwa-Zulu Natal, 4320


Capex is a transparent and legitimate broker. In accordance with FSCA, all client funds are held in segregated bank accounts with reputable banking institutions. As the broker is regulated in multiple jurisdictions, Capex is subject to strict regulatory stipulations, ensuring a secure trading environment. Furthermore, Capex only allows for internationally-recognised deposit and withdrawal methods.

Capex Verdict

Capex offers a promising service while being a secure and regulated broker. The company offers a wide range of instruments with competitive spreads and low costs. The tiered account structure will also meet individual needs. Overall, we’re comfortable recommending Capex to traders of all levels.

Accepted Countries

Capex accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Capex from United States, Canada, Japan.

Alternatives to Capex

If you are looking for alternatives to Capex we have compiled a list of the top 5 brokers that are similar to Capex below. This list of brokers like Capex is in order of similarity and only includes companies that accept traders from your location.

  1. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  2. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  3. EagleFX – EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
  4. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  5. – boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.


Is Capex regulated?

Yes. Capex is licensed and regulated by the CySEC under license number 292/16, FSCA under license no. 37166 and ADGM, under license no. 190005.

Does Capex offer a demo account?

Capex does not offer a free demo account. However, a demo account is provided with all account types once you are a registered Capex member.

How much capital do I need to trade with Capex?

A minimum deposit of $100 is required on all account types. The broker offers multiple account tiers to suit beginners up to experts.

Is Capex a good broker?

Capex is a good all-round broker, offering competitive spreads with no commissions. It also offers varying account options to suit different levels of skill. In addition, Capex offers a trusted trading platform, MT5.

Is Capex a trustworthy broker?

Capex is regulated in multiple jurisdictions by several reputable bodies. Furthermore, client funds are secured through segregated bank accounts. Thus, Capex is unlikely a scam and is trustworthy.

Capex offers a portfolio of trading products and leading investing tools.

Capex vs Other Brokers

Compare Capex with any other broker by selecting the other broker below.

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