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Capex is a Forex broker founded in 2016 in Cyprus. In addition, it has offices in Romania,Spain, South Africa, the United Arab Emirates and the Seychelles. Capex Broker accepts clients from all over the world with the exception of the USA, Canada, Japan and some other jurisdictions where restrictions apply.
Is Capex a regulated broker?
Capex is a trademark of Key Way Group Ltd, which includes the following brokerage companies:
- Key Way Investments Ltd is located in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC) with branches in Romania and Spain registered with the Romanian Financial Supervisory Authority (ASF) and the Spanish National Securities Market Commission (CNMV);
- JME Financial Services (Pty) Ltd is authorized and regulated by the Financial Sector Supervision Authority of South Africa (FSCA);
- Key Way Markets Ltd is authorized and regulated by the UAE Financial Services Regulatory Authority (FSRA);
- KW Investments Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA).
All customer funds are stored in segregated accounts separately from the company's funds. All brokers have protection against a negative balance. In addition, traders ' deposits opened in the jurisdiction of Cyprus participate in the ICF compensation program up to 20,000 euros in case of the company's insolvency.
What is the maximum leverage in Capex?
In accordance with the rules of the ESMA financial regulator for clients residing in EU countries, leverage is limited to 1:30 for the most liquid assets. The same restrictions applyute in the UAE. Meanwhile, companies from South Africa and the Seychelles offer leverage up to 1:300.
Capex offers a wide range of trading instruments: more than 55 currency pairs, 15 major stock indexes, more than 2000 stocks, 30 ETFs, 18 commodities, 8 baskets of stocks divided by industry and economic sectors, and more than 15 cryptocurrencies. Moreover, the Capex broker offers IPO trading.
Capex Trading Platforms
As for trading platforms, Capex offers its own web-based trading platform, known as Capex WebTrader. This is a fairly advanced platform with all the features that a trader usually needs, including a large selection of technical trading indicators, several different types of charts and a mood indicator that shows what other traders are trading at the moment.
In addition to its own web platform, Capex also offers MT5, which has already become a very popular trading platform among independent traders.
What types of accounts does Capex offer?
Capex broker offers five types of trading accounts: Basic, Essential, Original, Premium and Signature with minimal deposits 100$, 1000$, 5000$, 10 000$ and$ 25,000, respectively. All trading accounts have the same trading conditions, except for support, training, analytics and additional VIP services.
Spreads and commissions
It is important to note that Capex is a so-called dealing center (also known as a market maker) that selects orders within the company. This means that the broker uses its own fixed spreads on most trading instruments, and these spreads are not very low. At the time of writing this review, the fixed spread for the popular EURUSD pair was set at 1.8 points, which is quite high. However, the advantage of this type of trading is that all expenses are already included in the spread without any additional commissions.
What is the minimum deposit in Capex?
The minimum deposit in Capex is$100. All trading accounts can be replenished via bank transfer, credit and debit cards, as well as e-wallets Skrill, Neteller, etc.Capex does not charge a commission for deposits, but charges a commission of$ 30 per month for accounts that have been inactive for 90 days or more.
Capex is a good broker for those who want to trade Forex with a large leverage and be confident in the reliability of the company. But meanwhile, do not forget that this is a market maker with a high spread level. We believe that today there is a lot of competition among ECN brokers offering narrow spreads and more flexible trading conditions, which are worth paying attention to.
Before choosing a broker, we recommend that you read the reviews of Capex, as well as see our rating of Forex brokers.
|Capex General Information|
|Year of foundation||2016|
|Regulation||CySEC, ASF, CNMV, FSCA, FSRA, FSA|
|Trading Platform||Capex WebTrader, MT5|
|EURUSD Spread||1.8 pips|
|Base currencies||USD, AED, EUR, ZAR|
|Assets||Currency pairs, Stocks, Indices, ETFs, Commodities, cryptocurrencies|
|Deposit replenishment||BankTransfer, Visa/MasterCard, Skrill, Neteller|
|Payment for inaction||+|
- The year of Foundation 2016
- Head office address 18 Spyrou Kyprianou Avenue, Suite 101, Nicosia 1075, Cyprus
- Maximum leverage 1:300
- Min. Deposit $100
- Regulation CySEC, FSA
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Number of trading instruments 55
- The number of CFD instruments 2000
- The number of metals 5