Founded in 2016 in Cyprus, CAPEX is an online trading broker that offers over 2,100 tradable assets across multiple asset classes, such as forex, commodities, cryptocurrency, stocks, indices, metals, energies, bonds, and ETFs for online trading. The broker offers competitive spreads, transparent pricing, and fast execution speeds.
CAPEX has won several industry awards for its trading services. This includes the ‘Fastest Growing Provider’ award, which was given at the 2018 Forex Awards.
CAPEX Review Introduction
In this CAPEX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including CAPEX.
CAPEX Platforms & Tools
CAPEX provides clients with its proprietary trading platform. It is available in two versions, namely: CAPEX WebTrader and the CAPEX Mobile App. The CAPEX WebTrader is a modern trading platform that is replete with essential trading tools.
It runs on web browsers, so it requires no downloads, installations, or updating, whereas the CAPEX Mobile app is developed for iOS and Android devices. It has a simple and clean interface with matching default colors. It is used to monitor the markets, enter and close trade positions as well as performing detailed market analysis while on the go.
The broker also provides traders with the powerful MetaTrader 5 trading platform. It is simple, user friendly, and fast, with a fully customizable interface and more. The platform is available as a downloadable desktop application for Windows and mobile apps for Android and iOS devices.
CAPEX traders also get access to other essential trading tools, such as Bloggers Opinion, Insider’s Hot Stocks, Daily Analyst Ratings (DAR), Hedge Funds Activity, and Trading Central.
CAPEX Research & Education
The broker’s website has some educational resources including trading articles. There is also a ‘Learn to Trade’ section that has a financial dictionary that explains the meaning of about 31 useful trading terms.
CAPEX Trading Accounts
CAPEX offers a variety of account types namely: CAPEX Essential, CAPEX Original, and CAPEX Signature. The minimum required deposits start from $100, and there are no commission charges. The spread varies depending on the platform — the EURUSD spread averages 3.0 pips on the MT5, while the spread is fixed at 1.8 pips on the WebTrader platform.
Swap-free Islamic accounts can be requested by Muslim clients. Unlimited free demo accounts are available for all account types.
CAPEX Account Funding
The broker accepts the following payment options: credit cards, bank wire transfer, and e-wallets such as Skrill and Neteller. The various payment options have different processing times. The broker does not accept third party payments.
CAPEX Customer Service
CAPEX offers a knowledgeable customer support team that is available from 6:00 am to 1:00 am GMT from Monday to Friday. They can be reached via a ‘contact us form’, telephone, and email. There is also a FAQ section on the broker’s website to answer clients’ common questions.
CAPEX is regulated in multiple jurisdictions as follows:
- CAPEX Europe (www.apex.com) is operated by ‘Key Way Investments Limited’, which is regulated by the Cyprus Securities and Exchange Commission (CySEC). The license number is 292/16.
- CAPEX is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with reference number: 784884. They are also registered with other European financial regulatory authorities like KNF in Poland, BaFIN in Germany, and CNMV in Spain.
- CAPEX South Africa (za.capex.com) is operated by JME Financial Services Pty Ltd, which is regulated by the Financial Sector Conduct Authority (FSCA). The license number is 37166.
CAPEX Review Summary
CAPEX is primarily a forex and CFD broker that offers over 2,100 trading instruments. The broker is regulated in multiple jurisdictions and thus ensures a secure trading environment for all clients. They provide clients with flexible and powerful trading platforms, along with a selection of trading tools and market insights.
It is worth mentioning that some of the trading products and services in this CAPEX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the CAPEX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.