Introduction to Capitalix
Forex and CFD broker Capitalix is authorized and supervised by the Seychelles Financial Services Authority (FSA). This easy-to-use platform provides traders with all the information, features, methods, tools, and assistance they need to profit from emerging market trends. There are over 150 assets available, including every major Forex pair, cryptocurrencies, and the Dow Jones index.
Is Capitalix Regulated and Safe?
Capitalix is completely secure. The Seychelles Financial Services Authority (FSA) regulates this financial institution, which has been around for more than 25 years. As a certified broker, Capitalix follows the best procedures in the financial sector.
You can see exactly how it works and how much it costs, so you know what you’re getting into before you trade. Because it is isolated from its funds, Capitalix or its liquidity providers cannot use the money you deposit for anything other than your transactions. It even offers balance protection, thus you will never go into a negative balance.
Minimum Deposit
A $250 minimum deposit is required to open a trading account, which may be done via a credit card, Swift, AstroPay, or Sepa. Arab clients from Saudi Arabia to Uruguay make up a large portion of this broker’s clientele. On its site, there are both English and Arabic versions available. The demo account is free of charge. It comes with a 100,000 USD trial balance to assist you in becoming used to the system and its functions and test your strategies.
Leverage
It offers a 10:1 leverage rate on crypto and a spread of $40. Forex pairings may have leverage rates of up to 200:1.
Opening an Account
Creating an account with Capitalix is as straightforward as creating one on any other website. Enter the site and click “Open Virtual Account” or “Open an Account”. The following information is requested:
- Full Name
- Password
- Telephone number
- Email address
There is no need for Capitalix to verify your email address before you may log in. Investing is only possible if you can provide proof of your residence and identity in accordance with the rules. You may use a copy of your passport or ID card to prove your identity if you have a front and back copy. Either a utility bill or a credit card statement is required.
The terms and conditions, order execution policy, privacy policy, and risk disclosure policy are all shown in a required checkbox below. You do not need to click the box to opt-out of receiving email promos and offers.
How to Make a Trade?
Once you have money in your Capitalix account, you may search the site for the assets you want to trade. Look for “Popular” or “All Assets” in asset listings if you want to purchase Bitcoin. Please use the search box to input any specific item in the search field.
The last step is to click on the desired item to complete the purchase. Users may either sell or buy. In addition, you must specify the amount you want to trade and the maximum investment you are willing to make.
Capitalix Features
It is possible to use market indicators to get a sense of how a stock’s price will change. It may provide you cues about whether or not a transaction is a good investment to purchase or sell. In both cases, formulae and ratios make up the bulk of the statistical indicators. You may accurately predict market trends and make well-informed judgments with this information.
Economic calendars are essential for every trader. Their usage may reveal patterns that might immediately impact the value of a wide range of financial instruments. However, it is most useful to experienced traders who may benefit from its assistance.
Experienced traders may use economic calendars to develop a trading strategy by concentrating on market volatility. With the help of several economic occurrences, they may achieve their trading goals. Financial statistics such as the CPI (consumer price index), private medical insurance rates, and nonfarm payroll are available to investors.
People’s attitudes about a certain financial market or asset are reflected in the market’s mood. When prices rise, it indicates a positive market sentiment; when prices fall, it indicates a negative one. In another way, the ratio between the opening and selling positions of the investors’ assets is expressed by this characteristic.
When you deposit money into your trading account with Capitalix, you’ll be charged a fee of three percent + 0.25 cents for each deposit. This amount includes fees for third-party payment and processing services. After all, costs have been deducted from the cash received in its corporate account, assessing the net amount.
However, the site says that it does not charge fees for deposits or withdrawals, which is a huge positive. Only the costs charged by the payment service provider or the bank apply to withdrawals.
An economic calendar, market indicators, and asset sentiment are all featured in Capitalix’s mobile app, which is also available online. On Android and iOS, it’s now being offered. The software allows you to keep track of your trading account.
- Dedicated Knowledge Center
The platform offers both beginners and advanced traders dedicated learning materials to understand the market and especially the assets they want to deal with a dedicated knowledge center having free access to anyone.
It has a live personalized Customer Service to handle any issues faced by you at any point even before opening an account. It offers multilingual, round-the-clock customer care staff is available to assist you at any time.
- What Are the Acceptable Currencies?
When you initially sign up for an account and make your first deposit, you’ll be prompted to pick a currency. Set up your account in USD or EUR. Any money you invest in it must be in accordance with your choice.
There is a “My Account” area where users may withdraw money by selecting the amount they want to withdraw before confirming their choice. The Capitalix team will react to your request within 24 hours and send you a confirmation email. As the minimum deposit, the minimum wire transfer withdrawal amount is $250 USD
Every financial transaction (deposits and withdrawals) you make on the site may be tracked by visiting the “transaction history” area.
- Demo and Real Trading Accounts
Capitalix accounts come in five account types:
- Basic
- Silver
- Gold
- Platinum
- VIP
For each account type, Capitalix does not need a minimum balance. Accounts vary in leverage and spread, but Capitalix’s bonus grows with the amount invested. For example, VIP account holders are eligible for up to 100% bonuses.
Many important markets may be accessed via Capitalix, including:
- Forex currencies
- Commodities
- Indices
- Shares
- Cryptocurrencies
Conclusion:
Capitalix’s extensive trading tools will be appreciated by professional crypto traders, while newbies will love the user-friendly interface. Capitalix offers a wider range of assets for trading than the majority of other brokerages, with more than 150. As a result of the inclusion of crypto assets, the broker is now a more attractive option for investors looking to diversify their portfolios.
Source: https://thenewscrypto.com/in-depth-review-of-leading-brokerage-platform-capitalix-2/