Capex is a well-known online broker that has different branches across Europe and South Africa. This broker started in 2016 as CFD Global and it instantly gained popularity due to its excellent trading conditions. Capex offers new and innovative ways of trading through its advance and strategic trading plans.
Capex has a wide range of trading instruments including Contract For Difference (CFD), Foreign Exchange (Forex), indices, Exchange Traded Fund (ETF), bonds, commodities, shares, cryptocurrencies, and blend funds. Capex has 3,900 average daily trades, 500,000 year-to-date trades placed, $123 Million average daily trading volume, and $16.4 billion year-to-date trading volume.
Capex won the “Fastest Growing Provider” award at the Forex Awards 2018 and the “Best Dealing Room” in 2019. It was also a runner up for the “Most Transparent Broker” in 2018, “Best Dealing Room” in 2018, “Best Trading Application” in 2019, and “Fastest Growing Forex Broker” in 2019.
Capex has a lot of integrated trading tools that are not too common among other brokers. Its website has different trading features such as Bloggers Opinions, Insiders’ Hot Stocks, Daily Analyst Ratings, and Hedge Funds Activity. Capex’s clients could get more insights into the assets that they would want to trade and eventually make better trading decisions.
Capex’s Trading Platforms
Capex provides its clients with two trading platforms: WebTrader and MetaTrader 5 (MT5).
WebTrader Platform – WebTrader is a web-based trading platform. It is user friendly and it has the basic analytical tools that could help clients to improve their trading strategies. WebTrader’s tools include charting tools, economic calendar, and the Trading Central.
Capex’s clients could utilize its ninety technical indicators to help make better trades and profits. WebTrader is available in different devices like personal computers, desktops, or mobile phones.
MetaTrader 5 Platform – MT5 is the latest edition of the MetaQuotes’ software and more experienced traders commonly use it compared to the WebTrader. MT5 has analytical tools, excellent charting, customization options, and automated trading via Expert Advisors (EAs).
This platform allows traders to customize settings such as limit orders to help get better control of the trader’s present trading position. It has a real-time monitoring feature and thirty built-in technical indicators to choose from.
Just like the MetaTrader 4 (MT4), this platform allows dealing in derivatives and exchange-traded stocks from the same account.
Capex Different Account Types
Essential account
This type of account requires a $1,000 minimum deposit. It gives full access to the WebTrader and MT5 trading platforms. It also has a Demo account option.
Customer support is available from 7:00 AM GMT to 01:00 AM GMT on Mondays to Thursdays and 7:00 AM till 00:00 AM GMT every Fridays.
Clients are also availed of daily market reviews and financial research and other free education materials. On top of these, the account offers limited access to the video library.
The Essential account offers daily analyst recommendations and a dedicated account representative who is available two days a week.
Original account
Opening this account requires a minimum deposit of $5,000. It gives full access to the WebTrader and MT5 trading platforms. It also has a Demo account option.
Like the Essential account, customer support is available from 7:00 AM GMT to 01:00 AM GMT on Mondays to Thursdays and 7:00 AM till 00:00 AM GMT every Fridays. Clients are also privy to the same educational materials and financial analyst assistance, only this time, the analyst is made available 3 times a week. What sets it apart from the Essential account is that it has open access to research and has special trading conditions.
Signature account
The Signature account also shares the same account features and offers. The only notable departures are the $25,000 minimum deposit, access to trading central, SMS market updates, and One-to-One meetings with an Account Representative.
Islamic account
This broker provides Islamic accounts for Muslim clients. A Muslim client must send all the requirements needed to convert a regular trading account to an Islamic account.
Final Verdict: Capex
Capex is an online CFD and Forex broker that provides a lot of trading benefits to its clients. Its essential account starts at $1,000 minimum deposit. This broker is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa while it is regulated by the Cyprus Securities and Exchange Commission (CySEC). Capex claims to have a strong relationship with its clients and a reliable trading system.
