Capex Review 2024

3.9 / 5
Capex is #46 in our CFD broker rankings.

Capex will suit serious traders seeking a broad range of assets with competitive spreads on the MT5 platform. Seasoned stock CFD traders, in particular, will appreciate the range of additional stock market research tools, including Trading Central and TipRanks.

- Daytrading Review Team

Founded in 2016, Capex is a multi-regulated forex and CFD broker licensed by the CySEC, FSCA, FSA and ADGM. The broker operates 5 global offices with over 400 employees, and has earned several awards for its innovative web platform. Traders can access to 2100+ instruments across a broad range of asset classes.

MT5, TradingCentral
Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs, blends
$5,000 deposit bonus
Credit Card, Visa, Mastercard, Skrill, Neteller, Wire Transfer, Maestro
Forex Trading

Capex traders can choose from a competitive range of 55+ currency pairs, in line with award-winner, AvaTrade. Trading takes place on the MT5 platform, an excellent choice for seasoned forex traders looking for dozens of advanced technical indicators.

Stock Trading

Capex’s stock list includes some 2000 international company shares which are traded through CFDs. Impressively, there are also 26 major indices and more than 30 ETFs for those looking to diversify across a range of sectors and regions.

CFD Trading

Capex's total range of 2100+ CFDs covers stocks, indices, commodities, forex and cryptos. Traders can enhance their CFD trading strategies using the selection of analysis tools on offer, including the Trading Central dashboard.

Crypto Trading

You can speculate on 20+ crypto assets across both platforms. Popular tokens are available alongside emerging assets like Tezos and Monero, with leverage up to 1:2. There’s also a good range of crypto market news resources to keep traders informed.


  • Best Dealing Room 2019 - Forex Awards

✓ Pros

  • Capex offers excellent charting software, including the popular MT5 platform, as well as a TradingView-powered proprietary terminal with over 100 technical indicators
  • There’s a good selection of educational content and extra features, including Trading Central analysis, ‘Hot Stocks’, and news sentiment
  • The broker is well regulated in 4 jurisdictions by the CySEC, ADGM, FSA and FSCA, and has maintained a good track record since 2016
  • Capex's shares offering is strong, with over 2000+ instruments available as fractional or whole shares with zero commissions

✗ Cons

  • Capex does not offer any social/copy trading solutions for budding strategy followers or providers seeking other trading opportunities
  • The broker's Trading Central features are available only to Signature account holders, which recommends a $25,000 deposit
  • Capex does not accept traders from many major countries including the UK, USA, Canada and Japan
  • The broker’s steep $50 monthly inactivity charge kicks in after only 60 days of no trading activity

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.

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 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 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.

Top 3 Alternatives to Capex

Compare Capex with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
    Go to Interactive Brokers
  3. Scope Markets – Scope Markets offers day trading and investing in multiple spot and CFD instruments. The group of brokers is regulated in several locations, including Belize, Kenya and South Africa. Users get competitive trading conditions, a range of payment methods, strong support and can get started in a few straightforward steps.
    Go to Scope Markets

Capex Comparison Table

Compare Capex With Similar Brokers
Capex IG Interactive Brokers Scope Markets
Rating 3.9 4.4 4.3 4.2
Markets Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs, blends CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies Forex, CFDs, Stocks, Commodities, Indices, Futures
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $0 $50
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 lots
Bonus $5,000 deposit bonus 50% Deposit Bonus Up to $50,000. *Bonus promotions do not apply to all entities. Depending on the jurisdiction chosen to open an account with, different regulations apply.
Education No Yes Yes Yes
Platforms MT5, TradingCentral Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral Scope Trader, MT4, MT5
Leverage 1:30 (Retail), 1:300 (Pro) 1:30 (Retail), 1:250 (Pro) 1:50 1:2000
Payment Methods 7 6 6 8
Visit Visit Visit Visit
Review IG
Interactive Brokers
Scope Markets

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.

Compare Capex Trading Instruments
Capex IG Interactive Brokers Scope Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes No Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes No
ETFs Yes Yes Yes Yes
Bonds No Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index Yes Yes No No

Capex vs Other Brokers

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


Customer Reviews

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Founded in 2016, Capex is a multi-regulated forex and CFD broker licensed by the CySEC, FSCA, FSA and ADGM. The broker operates 5 global offices with over 400 employees, and has earned several awards for its innovative web platform. Traders can access to 2100+ instruments across a broad range of asset classes.


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.