CapitalXP is an offshore trading brokerage company offering a wide range of trading instruments including currency pairs (Forex), indices, commodities and stocks. The company was established in 2015 and within a short time, it has established itself as a top-rated broker in the industry. It is owned by Quattro Holding Group LTD, a registered company based in James Street, Kingstown, Saint Vincent and the Grenadines. Capitalixp has gained popularity thanks to its reliable customer service, tight spreads, secure website, and innovative trading platforms.
In this CapitalXP Review, TrustedBrokerz will allow you to learn about this broker’s features, tools and services, and we will provide you with honest, unbiased and accurate information so that you can make a qualified decision when it comes to partnering with a broker.
CapitalXP Broker Review – Know the facts, trade with confidence
CapitalXP is a reputable and reliable Forex and CFD broker that while they have been in the market for a short time now, they have attracted many global traders. The detailed table below will give you a score on how the broker performed based on our analysis, which was done using Live accounts as well as inputs collected from Real-User reviews.
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What makes CapitalXP unique?
The fact is that there are many brokers available in the financial markets, but Capitalixp is a unique broker in many ways. The following attributes summarize why this broker is unusual:
- Make spreads – even if the full list of spreads is not disclosed on the website, from demo account, spreads of EURUSD were as low as 0.9 pips. In addition, our test with a real account showed us that Capitalixp offers low spreads to its dealers
- Robust Trading Platform – CapitalXP uses the MT4 Trading Platform, a platform known for its security, a comprehensive library of technical indicator tools, a Live news feed, and more.
- Multilingual Website – CapitalXP Website is available in the following languages; English, German and Russian.
- Multiple Payment Methods – This trading brokerage allows for a wide range of payment methods such as credit and debit cards, cryptocurrencies, bank transfer, and e-wallets.
- Reliable Customer Service – CapitalXP runs around the clock customer service department, which can be reached 24/5 via several communication channels, including live chat and email.
CapitalXP Experience Testing
During this CapitalXP Review, an exhaustive survey of the broker service was conducted with a Live Account. The broker was examined for account opening process, rate of deposit, website reliability, and more. Account opening was hassle free and in less than 2 minutes we had opened a Live account. The verification process was also simple; the documents were updated in a record time and we were then ready for the real account experience. We managed to test how responsive customer service was, and true to their words, we got detailed answers to the queries we had. The customer service representative had a command of the financial products and was very professional and helpful.
We enjoyed trading on the Trading Platform and found the various trading tools to be useful. We also took advantage of the many educational resources including videos, webinars, eBooks and wide variety of trading tools such as a financial calendar, market news, daily market reviews, currencies forecast and more.
To compare notes with the experiences of other traders, we learned that other traders had similar positive experiences with the broker. Excellent customer support and outstanding trading platform topped the list of applause from other merchants.
Is Capitalxp a scam or legit?
CapitalXP is a legit Forex brokerage firm. Its parent company, Quattro Holding Group, is a registered company under registration number 24595 by the Government of Saint Vincent and the Grenadines. This means that the company can be sued for breach of contract. The company has also published its terms and conditions that it expects merchants to comply with. Like other legit forex brokers, the company has a reliable customer service and uses the well-known and popular MetaTrader (MT4) platform. This means that you can get solutions to your queries right away and have no worries about the Trading Platform. Also, by the fact that the broker uses MT4, it means that the broker is transparent in its spreads and commissions. Almost all legit and trusted brokers use the MT4 platform.
The fact that the company uses common payment methods such as VISA and MasterCard means that the company’s financial information is in the hands of these financial providers. Their funds can be held in the event of a dispute and you may also initiate a chargeback in the event of a dispute. In our testing of the broker, we were able to make a deposit with ease and after trading with them for 10 days, we were able to withdraw our funds and our profits quickly and without any problems or delays.
CapitalXP is not a scam broker. Instead, they offer an all-encompassing trading environment that allows you to trade a wide range of financial assets from an intuitive trading platform.
CapitalXP regulation & security of funds
It is important to note that CapitalXP is not a regulated brokerage firm. Therefore, the company is not bound by any regulatory body over the protection of their traders money. However, the company has taken measures to protect their clients’ money using secure encryption and top security features and technologies that even top financial institutions and banks use. The secure connection prevents hackers from accessing the site or accessing a trader’s financial information. The broker also maintains clients’ funds in separate accounts, separate from their operating funds.
CapitalXP has also taken steps to keep its site free of unauthorized access by requiring traders to reveal their identity. The company undertakes a mandatory KYC process (Know Your Customer) and AML (Anti-Money Laundering) process at all retailers. They will not allow you to simply withdraw money from your account without first verifying that you are the rightful owner of the account and the money.
CapitalXP has a wide range of trading accounts to suit the different skills, preferences and requirements of traders. The major advantage of this is that CapitalXP caters to both new and advanced traders.
There are five different accounts available, including; Basic, Silver, Gold, Platinum, and Diamond, with the basic account being considered as a starter account and Platinum and Diamond as VIP accounts for Pro merchants.
Below is a breakdown of the features of the various accounts available on CapitalXP ”
Basic Account Features
- Dedicated Account Manager
- Free educational material and webinars
- Platform and introduction to the financial market
Silver account features
- Technical, sentimental and fundamental analysis
- Personal tutorial and Skype sessions
- Induction of trading strategies
- Risk management
- All basic account functions
Gold account features
- Better spreads
- Trading signals and alarms
- Senior Personal Account Manager
- Advanced trading strategies
- One-to-one MetaTrader 4 course
- All Silver and Basic account features
Platinum account features
- All Silver, Gold and Basic account features
- VIP webinars
- Live Trading with Professional Traders
- Daily market card
- Private webinar with a trade expert
Diamond account features
- Full disclosure of Account Manager- this account type is tailored to meet the exact trading needs of the trader.
Multiple Account Manager (MAM) Accounts
CapitalXP offers managed trading accounts. This account type is designed specifically for professional money managers; Therefore, it is not open to all retailers. This account type gives a client the flexibility to make money by handling the trading activities of a professional trader.
However, it is important to note that Account Management is limited to trading only and Pro Trader cannot perform functions such as payouts. The customer who owns the account will be able to monitor the account performance in real time from their Portal at any time.
CapitalXP Trading Terms
CapitalXP gives its traders a world-class trading environment. From spreads, and leverage, to their broker model, no broker comes close to CapitalXP. To the best interest of their traders, CapitalXP runs a non-employee desktop. This means that dealers’ orders are routed directly to liquidity providers. By doing so, CapitalXP prevents conflicts of interest with merchant orders and stays clear of any breach of trust with their customers
The gearing is exceptionally attractive and can be as high as 1: 500. Being an offshore broker, it allows for such high leverage compared to its EU counterparts, which allows for a maximum leverage of 1:30, due to rules. Although leverage has previously been attributed to trader abuse, CapitalXP provides room for traders to multiply their accounts as much as 500 times in a single trade. Gearing is an excellent way to increase profitability
Traders are not allowed to scalp, hedge, or enter into arbitrage trades. It is against trading terms CapitalXP, and when such trading patterns are recognized, CapitalXP terminates such orders and they bar the trader from accessing the site.
Fees and spreads
Currently, CapitalXP has not published information about its fees on its website. You can easily contact the broker and a service representative will provide you with all the information you need.
Account opening experience
Opening an account with CapitalXP is a straightforward process and it’s easy to do. Below is an overview of the process.
- Visit the CapitalXP website
- Click Register, which is located on the home page of the site
- Fill in your personal information and click “get started”.
- Check for bonuses and opt-in if you are interested
- Make your first deposit
- Claim your bonus
- Start shopping
It is important to verify your account immediately after registering the account. You will be asked to submit the following documents:
- Proof of residence – current document includes bills and bank / credit card statements. They should not be dated more than six months from the date of enrollment with CapitalXP.
- Proof of payment – a copy of the credit card used to make a payment, if applicable.
- Proof of identity verification – current documents include a valid passport / national ID / driver’s license.
All of the above documents must be clear copies that reflect your true identity and residence.
You can still fund your account and start trading even before sending the verification documentation; however, you will be asked to submit the documents when making a payment. It is important to note that the broker does not provide its services to residents of France, the United States, Canada, Iran, Belgium, and North Korea.
Deposits and repurchases
Deposits are processed instantly for most payment methods except Bitcoin and bank transfer. Bitcoin takes 15 minutes to an hour to credit the merchant account, while bank transfer takes about 5 days to reflect on the trader’s account. Payments are processed no earlier than 24 hours from the request, but no later than 7 days. The minimum amount you can deposit into your account is $ 250 and the minimum amount you can pay is $ 50.
Payouts are charged a 3.5% to 10% fee depending on the account type and payment method. In addition to the transaction costs, the broker charges an account for a fee of EUR 50 for accounts that have been inactive for 21 days. An additional EUR 50 will be charged after every 14 days if the account remains inactive until the account balance is left.
The company’s policy, like other anti-money laundering that meets the requirements, requires merchants to withdraw their money using the same payment method they used while depositing.
CapitalXP Trading Platforms
CapitalXP uses the industry’s standard trading platform – MetaTrader 4 (MT4) platform. This trading platform is only available to traders, which means that you can only access the trading platform if you register an account with CapitalXP. The trading platform is available in both Web Trader and desktop client versions.
MT4 is renowned and industry-recognized for its robustness, safety and reliability. The platform is known for its range of technical indicators tools, multiple language support, and compatibility with expert advisors (EAs). It uses a secure connection that provides an invariable layer of security between the client terminal and the server.
To suit the different needs of merchants, the platform provides different chart formats, nine different time frames, three built-in color schemes all that you can save as a template and load when you open a new chart. The fact is, the MT4 platform is legendary and professional traders keep it in high regard. Below is an overview of the desktop and Mobile App attributes of CapitalXP trading platforms.
Computer and mobile app
The desktop client is very similar to the MT4 platform offered by other brokers. The desktop client, unlike Web Trader, has a low latency, which means it can work well with a backward Internet connection. It has fast execution speeds; Therefore, you will not experience any export or landslides.
CapitalXP provides its merchants with a mobile commerce program compatible with both Android and iOS devices. The mobile app is light and has the same set of features as the desktop client. The great thing about the mobile app is the ability to shop while on the go. This means you are unlikely to miss a trade opportunity. The interface of the Outpatient App is appealing; The icons and menus are strategically placed leaving a wide area covered by the charts. Using a modern smartphone will guarantee you a blissful trading experience.
It is important to note that CapitalXP provides a demo account for all traders. But demo account is available to merchants who have Live accounts.
CapitalXP has limited bonuses and promotions that are not fully advertised on their website. But active members with real accounts often benefit from bonuses and seasonal promotions. To get all the details of the ongoing campaigns as they are constantly changing, contact your Account Manager. For example, the information below is a response we received from account managers on request while completing this review.
From the answer, it indicates that the broker has a welcome bonus:
Each week, we usually have promotions of as little as $ 250 up to $ 500 for our newcomers.
This week we only have 2 bonuses left. They are distributed randomly to new customers upon request to the finance department.
Do you want me to check with the finance department if you want to get a bonus?
CapitalXP has a reliable team of customer support available 24/5 a week. Support is offered in English, Polish, German, Norwegian and Russian. If you encounter a challenge during trading, you can support the team through the following channels; live chat, email ([email protected]) and you can fill out a form online.
You can also request a call-back by clicking Request call-back on the upper part of the website. You will set the most appropriate time and day to speak with support and they will contact you at the desired time. Customer support representatives are very professional and are quick to respond to customer inquiries. Their response time is also impressive. For example, while conducting this CapitalXP Review, live chat representative was readily available in less than a minute of initiating the chat.
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CapitalXP boasts some of the most insightful and informative teaching materials for its clients. The teaching material consists of webinars, e-books, videos and a detailed glossary. The educational materials are suitable for both novice and veteran traders. The video-on-demand option is the most valuable solution. The videos are short, detailed, and each recording covers a different topic. For example, beginners can learn trading basics such as Ask / Bid prices, charts and they can then progress to more advanced topics such as technical analysis, supports and resistance levels and more. .
More advanced videos on topics such as trading psychology, trading strategies, technical indicators, are available too. To access the materials, you will be asked to register an account with CapitalXP. It’s worth opening an account and reading the content because you earn points every time you read the content that you can redeem later.
CapitalXP offers numerous payment methods that are convenient for global merchants. The bank options are a mix of different payment methods. You can make deposits and withdrawals using the following methods.
- Cards – Visa, MasterCard
- QIWI wallet
- Bank transfer
CapitalXP allows traders to keep accounts in GBP, Russian Ruble and USD. You must choose your preferred currency when opening your CapitalXP Trading account.
CapitalXP – Frequently Asked Questions
Is CapitalXP regulated?
No, the company isn’t currently regulated by any regulatory body.
What is CapitalXP?
CapitalXP is an offshore financial brokerage firm that offers a wide range of trading instruments such as CFDs, currency pairs, commodities, stocks, indices and much more. The broker operates a non-dealing desk and connects traders’ orders to liquidity providers with deep market access.
Who has experience with CapitalXP?
CapitalXP offers its services to a wide range of global traders. Its target clientele includes both inexperienced traders and veteran traders. Its resource-rich educational academy and the demo accounts have been found valuable to newbie traders. Experienced traders have the room to learn advanced trading strategies on the website as well as join webinars presentations by financial trading gurus.
How does CapitalXP work?
CapitalXP works by providing traders with a trading platform that connects them with the financial market. Through the platform, the broker is able to route trader’s orders to the liquidity providers. When a trader enters a trade, CapitalXP charges a fee known as a spread or a commission depending on the type of instrument the trader is buying or selling. The spread is the broker’s profit.
Where’s the crown of glory is CapitalXP?
CapitalXP is known for its low spreads, reliable customer service, convenient payment methods, and much more. The trading platform, the MetaTrader 4, which is available on desktop and both Android and iOS devices, has received lots of praise by traders for its fast execution speed and wide collection of trading tools and indicators. The company uses cutting-edge technology, a factor that has kept many traders locked in with this broker.
How do I open an account with CapitalXP?
To open an account with this broker, you can simply click on the link below and you will be redirected to their site. Fill in the information requested such as name, email, phone number, and password. Click on Get Started to complete the process. You will be redirected to your trading new account where you can carry out activities such as funding your account, verifying your account, trading, accessing educational resources and much more.
Where is CapitalXP Based?
CapitalXP is located at James Street, Kingstown, Saint Vincent and the Grenadines.
Overall Rating: 8.5/10
Dov is a Blockchain and Forex trading enthusiast, who spends most of his time trading and examining software who are related to cryptocurrencies and forex trading. You can follow on Dov’s reviews and articles here on CoinRevolution and across the web.