Capixal Review 2021Minimum Spread : 0.0
Foundation Year : 2021
Min Deposit $ 20
Two things have led successful traders to the point they are right now. A good trading strategy and a broker that could cater for their needs when they needed it to. Forex brokers and stockbrokers should not be confused with each other.
Many different brokers in the world consider themselves the best forex brokers globally, and there are different forex brokers in the game that call themselves good brokerage firms. This article will talk about Capixal forex broker, a brokerage company that novice traders can use for money-making purposes.
Almost all the brokers out there are aware of the fact that a lot of traders want to make quick money. Hurry is the devil’s work. We all know that. When traders want to make a quick buck out of incoming future economic events, they expose themselves at risk of losing money rapidly. Most traders trade in cfds when they want to make fast money. Now cfds are a complex trading instrument that novice traders need to stay away from initially. CFDs, by nature, are risky. The loss of money when trading cfds is amplified if the trade is done via leverage. Losing money, in that case, is almost inevitable.
The broker Capixal is one of the best online brokers and offers three main trading accounts, the silver account, the platinum account, and the gold account.
The gold and platinum accounts are subjected to similar leverage. The professional account is also subjected to the same. The broker also happens to offer retail investor accounts. Traders have to understand that the holders of the retail investor accounts lose money because they’re too excited about the wrong trades or are trading too much on leveraged cfds.
The broker saw the market in 2021. It is a relatively new broker but a regulated one. Traders can experience online trading at its best with capixal. The broker is supported by and for the newbie traders. The financial service provider also grants its users and access to an impressively automated library of trading based research material under the educational area.
As the regulatory authority, CySEC happens to be sitting with the broker, having an eye on each of its transaZSJMBH/Y6TJHctions and making sure that nothing bad happens with the traders at any cost.
This is a crucial step, keeping in mind that many novices and experienced traders look for a regulatory authority in a broker as the first thing when they actually look at it.
What Account Capixal offers types?
Being one of the best online brokers, three different trading accounts are offered by capixal. The silver account, platinum account and the gold account. The gold and platinum accounts offer the exact same leverage. The broker also provides retail investor accounts as well.
However, the traders should remember that the retail investor accounts are subject to loss of money more than any other account holder. This generally happens due to the lack of knowledge or the wrong use of leverage, or the improper use of the leverage cfd cocktail.
When the market moves the way it does, no one, not the broker, not god, no one can save the outflow of money.
That is just the way it is. When the trade goes wrong, the money is gone. When the wrong trade, like a cfd trade, goes wrong, then a lot more money goes Down with that. It is better than the traders use their Money wisely and not put it into something that carries a blind fate.
Which Assets can I trade with Capixal?
The traders have access to a range of more than 300 tradable assets that they can trade via the broker. These include crucial markets like forex, cryptocurrencies, indices, metals, stocks, and these are just to name a few. Stocks have a lot of listed companies, cryptocurrencies are being developed every day, and as of now, there are more than 1500 of them already in the market, including the mighty bitcoin and its worthy opponent, etherium.
The traders have an option to margin trade with the broker, or if they want, they can even go short on the market. This has to be mentioned here because many brokers will not allow the traders to go short on the market. Capital trusts the traders and makes sure that they know this as well. The broker provides trading in instruments like cfds, leverage and future’s contract as well. This has been said enough. Yet again, cfds are a complex trading instrument and should not be used without the direct supervision of an advanced trader. They should not be used at all by novice traders if that is the case.
Offered Trading platform
Capixal offers one of the best trading platforms, MetaTrader 4, to its users. The platform is available in an application form on windows and Mac OS. The people who don’t want to use it in an application form can also use it On a web platform. They can access it via the internet if they wish so. These are the best trading platforms the online trading work could ever see. They’re the reference models for a lot of indigenous trading platforms offered by different brokers.
MetaTrader also comes in with a lot of different trading based education and research material of its own. The traders can use that, apart from the material the Broker provides on its end. These can always be used to better understand the market so that it can be used in a better way.
It has already been established that MT4 and MT5 are the best platforms out there to trade forex. The traders can trade forex and use leverage to trade forex to become the best version of themselves as traders. The trading assets are all at par with the trading platform and are one step away, with the instant access that is provided by the MetaTrader trading software.
Is the broker Capixal Regulated?
Capixal is a brand name of a leading investment firm, IFC investments limited, which is situated in Cyprus. This firm is old enough to not expose its name to the risk of a faulty or a scam broker; hence, the traders can rest assured that the broker is completely regulated. The regulatory body Is the top financial institution CySEC or the Cyprus securities and exchange commission. The license number of the broker provided by the regulatory authority is 327/16.
The broker is kept subject to almost all the rules applied by financial bodies like EU, MFiD, ICF, or the investors compensation fund. The broker is the best choice for the retail traders who specialise in trading of currency pairs and the professional traders who are known to move the market. The broker that has such designated customers has to be regulated. Otherwise, the reputation of the firm will be downgraded any second.
The broker offers excellent customer support in a lot of different languages, stretching out for whole weeks. The integrated customer support that the broker provides answers with the most basic questions that the trader could ask. If they are still not satisfied, the traders are taken to the customer care representative who, by god’s grace, knows what they are doing or, more importantly, what their firm is doing. These people solve the problems of the novice as well as the advanced traders.
There are many scam brokers out there in the market who just claim that they are the best. Their claims are backed by the presence of the so-called expert customer support team, but that is so not true. A lot of different brokers will come in the game and boast about the tech support they have but will not back them up. This is not the case with Capixal. The traders can reach the broker via different platforms.
The broker offers its customer support in 7 different languages that include Swedish, dutch, polish, to name a few. The support team extends its services for 9 hours a day, five days a week via chat, phone or Email. The traders can also raise queries via the contact us button that is present on the web page. The trading history of the broker is awe-inspiring under a volatile market. The financial markets have always been volatile, and to support the traders, the broker has a dedicated customer support team.
How can I open an account with Capixal?
When the traders choose their preferred account for trading, they can go ahead and click on the open account button that is present on the same screen. The broker provides three different trading accounts. Silver, Platinum and Gold.
The trading on all of these accounts is commission-free and is also subject to spreads that vary on different accounts and different assets that are being used. The spreads with this broker are generally floating and begin from as low as 0.7. The leverage, however, is kept the same for all three trading accounts.
The traders also have to provide their details while they open an account with the broker. These details include different proofs of identity and different proofs of residence that the traders have to provide. The broker also happens to be following the respective AML and KYC regulations. Hence, the traders also have to comply with this fact. The minimum balance that the broker asks from the traders is a bare minimum of $20. The traders can also spread bets and use the benefits of a swap discount offered on the Islamic and swap accounts.
Education and Research material
This point is not paid a lot of attention from the novice traders because this is the thing that no one cares about. The trades just went to make money, and they forget that the broker has provided them with the opportunity to read from the trading materials that they provide.
This trading and education material provided is something that the brokers can use to understand how the market works and how it is supposed to affect them. There is no denying that the traders can also use the internet to understand the market, but having everything under one single window and accessible via one single click is very nice and can be leveraged over time.
The broker offers a plethora of market research that includes economic calendars, news, and a seasonal calendar. The traders can also access signal centres that include the signals on crucial markets such as the index and the forex market.
The economic calendar covers the track of all the upcoming events that can affect the trade. The signal centre creates a signal for the index and the forex market. The users can access all this information from the broker’s website, but they will have to register with their contact number, name, and a valid address so that they can access the signal centre.
The broker is regulated and offers training on more than three hundred trading instruments. This is more than effective for a novice trader. The novice also has to be sure that he or she is using CFDs and futures properly. Trading is a risky business and should never be done as a side business.
It needs to focus more than anything in the world and a mind made out of sheer Ice. Remember, no matter how good the broker is, if you are not good enough, none of it can help. Trade wisely and never trade on emotion.
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