Capex Review 2023
- DayTrading Review Team
Capex will suit serious traders seeking forex and CFD trading on a broad range of assets with competitive spreads on the MT5 platform.
Capex is a CySEC- and FSCA-regulated forex and CFD broker that provides access to 2100+ instruments across a broad range of asset classes including forex, stocks, cryptos, commodities and indices. Capex supports the popular MetaTrader 5 platform and offers low spreads starting from 0.01, but these vary by asset and are generally comparable to other low-cost online brokers. Traders can also access a large range of educational content plus various tools and extra features including the powerful TradingCentral for analytical support.
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Capex traders can choose from 55 currency pairs including minors and exotics as well as majors. Trading takes place on the MT5 platform, with leverage available up to 1:30 in line with EU regulations. Spreads vary by account type, with the lowest starting from near zero with no commission.
Capex's stock list includes some 2000 international company shares which are traded through CFDs. There are also 26 major indices and more than 30 ETFs to allow speculation on the performance of a selection of stocks by region or sector. As trade takes place through derivative contracts, the buyer will not directly own any shared traded.
Capex CFDs cover an excellent range of assets including stocks, indices, commodities and cryptocurrencies, with thousands of instruments covering global markets. Execution is fast and accurate through the MT5 platform, and prices are competitive, with both fixed and variable spreads available alongside zero commissions.
Capex traders can speculate on price movements of five crypto assets: Bitcoin, Ethereum, Cardano, Aave and Chainlink. Trading is done through CFDs, meaning leverage is available up to 1:2, but traders cannot directly purchase and own digital assets.
- Best Dealing Room 2019 - Forex Awards
- Good range of tradeable instruments from a wide range of asset classes
- High-quality security measures with funds secured at regulated banks
- Regulated and trustworthy including authorization from CySEC
- Great selection of educational content and extra features
- Low fixed and variable spreads and no commissions
- Does not accept traders from major countries including the UK, USA, Australia and Japan
- Not many funding options with just cards, wire transfers and a few e-wallets accepted
- No social/copy trading support
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,FSA and ADGM and is registered with national authorities across the world.
Note the broker does not accept traders from the US, Canada and Japan.
Capex offers two trading platforms, WebTrader and MetaTrader 5 (MT5).
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:
- 30 built-in key performance indicators
- Run up to 10 charts simultaneously
- Easy-to-access control panels
- 2,000 custom indicators
- Instant execution
- 9 timeframes
- Watch lists
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.
Clients can trade across a wide range of 2,100+ instruments:
- Forex – 55 major, minor and exotic currency pairs, including GBPUSD and USDJPY
- Cryptocurrencies – Trade with 5 cryptocurrencies, such as Bitcoin, Ethereum and Ripple
- Shares – A choice of over 2,000 companies, including Netflix, Google and Apple
- Bonds – 4 bond CFDs across corporate, municipal and government bonds
- Commodities – 18 commodities across gold, oil, coffee and gas
- Indices – 26 major indices, such as S&P 500 and JAPAN225
- Blends – Over 15 CFDs, including e-commerce and cannabis
- ETFs – Over 30 ETF instruments, such as SQQQ and USO
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.
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.
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.
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:
- Credit/debit card – Visa and Mastercard (Instant)
- E-wallets – Skrill, Neteller and Maestro (3 – 5 days)
- Bank wire – (Instant)
Withdrawals are only released via the same method in which the payment was originally submitted. All withdrawal requests are processed within one business day.
Capex provides a free demo account. 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 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.
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.
- Market analysis – Articles that detail financial events are published on the website daily. These market forecasts and calculations can inform trading decisions and help traders assess risk management strategies.
- Event calendar – The website also provides an economic calendar and a list of bank holidays.
- Webinars – Webinars are available every now and again, which are hosted by Capex’s Chief Market Analyst and offer strategy examples.
- Market news – Capex also publishes daily market news on events from around the world.
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:
- Essential – A $1,000 deposit is recommended to open this account. Account holders get access to both platforms, a demo account, limited access to a video library, market reviews & financial research, daily analyst ratings and a dedicated account representative 2 days per week.
- Original – A $5,000 deposit is recommended to open this account. Account holders get the same features as the Essential package but with added open access to research and special trading conditions.
- Signature – This account is designed for advanced traders or corporate clients. A $25,000 deposit is recommended to open this account. Additional features include full access to a video library, a dedicated account representative on weekdays with one-to-one meetings, and access to Trading Central.
As mentioned earlier, all account types require a minimum deposit of $100.
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.
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 firstname.lastname@example.org.
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 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.
Capex accepts traders from Thailand, South Africa, Hong Kong, India, 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, , Australia, Singapore, France, United Kingdom.
|Minimum Trade||0.01 Lots|
|Regulated By||CySEC, FSCA, ADGM, FSA|
|AI / Machine Learning||No|
|Negative Balance Protection||No|
|Guaranteed Stop Loss||No|
CFD Trading Details
|Leverage||1:30 (Retail), 1:300 (Pro)|
Forex Trading Details
Cryptocurrency Trading Details
|Crypto Auto Market Maker||No|
Compare Capex with similar brokers that accept traders from your location. Among available brokers these are the most similar to Capex:
IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
Go to IG Group
Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
Go to Just2Trade
World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
Go to World Forex
Capex Comparison Table
|Capex||IG Group||Just2Trade||World Forex|
|Markets||Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs, blends||CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting||Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds||Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts|
|Minimum Trade||0.01 Lots||0.01 Lots||0.01 Lots||0.01 Lots|
|Regulators||CySEC, FSCA, ADGM, FSA||FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA||CySEC, NFA, FINRA, Bank of Russia||SVGFSA|
|Bonus||$5,000 deposit bonus||–||Up to $2,000 for professional accounts||100% Deposit Bonus|
|Platforms||MT5, TradingCentral||MT4, AutoChartist, TradingCentral||MT4, MT5, TradingCentral||MT4, MT5|
|Leverage||1:30 (Retail), 1:300 (Pro)||1:30 (Retail), 1:250 (Pro)||1:20||1:1000|
Compare Trading Instruments
Compare the markets and instruments offered by Capex and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
|Capex||IG Group||Just2Trade||World Forex|
Capex vs Other Brokers
Compare Capex with any other broker by selecting the other broker below.
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 is a CySEC- and FSCA-regulated forex and CFD broker that provides access to 2100+ instruments across a broad range of asset classes including forex, stocks, cryptos, commodities and indices. Capex supports the popular MetaTrader 5 platform and offers low spreads starting from 0.01, but these vary by asset and are generally comparable to other low-cost online brokers. Traders can also access a large range of educational content plus various tools and extra features including the powerful TradingCentral for analytical support.|