CAPEX.COM

Capex Review Summary

• Registered Country/Region: Cyprus

• Regulation: CySEC, FSA/FSCA (questionable duplicate licenses)

• Market Instruments: Forex, indices, bonds, ETFs, commodities, stocks, cryptocurrencies

• Demo Account: Available

• Leverage: Up to 1:300

• Spreads: Variable

• Trading Platforms: WebTrader, Mobile App

• Minimum Deposit: $100

• Customer Support: 24/5 support via contact form, phone (+5078388497), and email (support@za.capex.com)

• Restricted Regions: Japan, Canada, Spain, United States

About Capex

Capex was established in 1995 in Cyprus and offers trading across multiple asset classes, including forex, bonds, commodities, ETFs, stocks, indices, and cryptocurrencies. The broker provides leverage up to 1:300 and requires a minimum deposit of $100. While it is regulated by CySEC, Capex also holds questionable duplicate licenses from Seychelles and South Africa, raising concerns about potential risks.

Pros and Cons

Pros

• Demo account available

• Regulated by CySEC

• Wide range of trading products

• Long operational history

• Supports popular payment methods

Cons

• No MT4/MT5 support

• Restricted in several countries

• Holds suspicious duplicate licenses

Regulation and Licensing

Capex operates under CySEC license number 292/16, offering client fund segregation and negative balance protection. However, it also holds duplicate licenses from Seychelles FSA and South Africa FSCA, both considered suspicious.

• Cyprus (CySEC) – Regulated, Market Maker (License 292/16), entity: Key Way Investments Ltd

• South Africa (FSCA) – Questionable, Financial Service Provider (License 37166), entity: JME Financial Services (Pty) Ltd

Available Instruments

Capex supports trading in:

• Forex

• Indices

• Bonds

• ETFs

• Commodities

• Stocks

• Cryptocurrencies

Options trading is not supported.

Account Types

Capex offers three main live account types, plus a demo account:

• Essential Account: Minimum deposit $100

• Original Account: Minimum deposit $5,000

• Signature Account: Minimum deposit $25,000

Leverage

Maximum leverage is set at 1:300. While leverage can amplify profits, it also increases potential losses, making risk management crucial.

Fees and Spreads

Capex applies variable spreads, which are adjusted based on a markup system. This means spreads can fluctuate depending on market conditions. Swap fees may also apply for overnight positions.

Trading Platforms

Capex provides two proprietary platforms but does not support MT4 or MT5:

• WebTrader – Accessible on Windows and Mac

• Mobile App – Available on Android and iOS

• MT4/MT5 – Not supported

This makes the broker more suitable for beginners but less appealing to experienced traders seeking advanced features.

Deposits and Withdrawals

Capex supports payments via MasterCard, Maestro, Visa, Neteller, and Skrill.