Low spreads, fantastic leverage, and fast access to hundreds of CFD markets, Capixal may be the new kid on the block but they certainly have plenty to offer. Only the very best cryptocurrencies can be traded at Capixal online.
But is Capixal safe? Our Crypto Parrot Capixal review digs deep into the quality of this broker and uncovers all of its unique features, qualities, and functionality, so that you won’t have to. Read on to learn all you can about the Capixal cryptocurrency CFD broker and find out how safe, reliable, and expansive this operator is.
Offers and New Customer Experience – What is Capixal?
Due to maintaining compliance with this brokers chosen regulators, Capixal do not offer any bonuses or offers to new customers. The Know Your Customer (KYC) procedure at Capixal is very simple and only requires some basic information while uploading some basic documentation to back up your details.
Capixal offers cryptocurrency trading in the form of CFD cryptocurrencies digital currency pairs. CFDs stands for “Contract for Difference” and in a nutshell means trading the value of an asset rather than buying the underlying asset itself. This means you can go long or short on cryptos and won’t need a crypto wallet since you won’t own the asset. Currently you can trade the following cryptocurrencies as CFDs – BTC, TRX, ADA, XLM, ETH, XMR, IOT, XRP, LINK, XTZ LTX, YCC, NEO and ZEC.
Usability – Total functionality
Capixal is a well-designed website and the WebTrader can be accessed easily within the PC or mobile browser. Tabs are clearly marketed and a single click can send you to all the educational resources or to your favourite market. The research is easy to access at this broker too and you can quickly check out economic calendars, news, signals, and more at the touch of a button. We also found the website during our Capixal review to be incredibly snappy and responsive!
Now if you’re looking to actually buy and own cryptocurrencies, you won’t be able to do that here. Capixal is a CFD broker and that means you won’t own any assets you invest in. So if you do want to buy bitcoin, you’ll need to sign up to a cryptocurrency exchange too and invest in a cryptocurrency wallet.
IFC Investments Cyprus Ltd.
Arch. Makariou III, 242 P. Lordos centre
,block A, 2nd floor, Office 203
Capixal offers 3 different trading account tiers and an ability to upgrade to a professional account for the serious traders. There is a silver, gold, and platinum trading account but they don’t differ too greatly. Each account features 1:30 leverage and hedging functionalities. Both the gold and platinum accounts offer a dedicated account manager, and a financing fee discount of 25% and 50% respectively.
Capixal offers a professional trading account for their top clients. It is considered to be an upgraded account tier and users will benefit from the maximum leverage of 1:200, exclusive VIP educational resources, even tighter spreads, and personalised, dedicated customer support in multiple languages. Our Capixal review discovered that ICF compensation and negative balance protection did not extend to the professional account.
Our reviews conducting the Capixal review found out that you can also obtain a shariah-compliant Islamic trading account if you request it. Registering for the various trading accounts at Capixal is very easy. You’ll only need to provide Capixal with some very basic personal details, create a unique password, and submit the necessary documents for the KYC procedure. Capixal also asks its new users to fill out a short questionnaire.
Once your account is verified by the Capixal compliance team, you’ll be free to make that first deposit and begin trading your favourite cryptocurrency CFDs.
Real-Time Rate Screening
Customizable Price Alerts
Trading Platforms – Going long on Capixal
There are 2 trading platforms and a mobile app on offer at Capixal. That includes an in-house developed WebTrader and industry-leading third-party trading software, MetaTrader 4. The WebTrader trading platform is available on PC and MetaTrader 4 is downloadable as an app on iOS and Android mobile devices, as well as a web-based version too.
The Capixal WebTrader is fully customizable with built-in alerts and provides a full trading history. Our Capixal review noted that the WebTrader contained more than 60 analytical tools and the ability to perform an analysis of your full, previous trading performances. We especially liked the ability to perform 1-click trading in the WebTrader trading platform.
The MetaTrader 4 app provides Capixal crypto users with more than 20 analytical objects, 30 innate technical indicators, and 9 timeframes. There isn’t a whole lot that MetaTrader 4 isn’t capable of and most experienced traders will feel much more at home with this platform than with the WebTrader. The native Capixal Mobile Trading App is fully available on iOS and Android devices. We noted from our Capixal review that the mobile trading app provided much of the same features as the WebTrader including more than 60 analytical tools, one-tap trading, and a real-time balance check option.
Trading Payments – What will it cost?
We found no withdrawal or deposit fees chargeable to the client and there are plenty of payment methods to fund your Capixal trading account. We noted traders can deposit and withdraw funds using their Visa or Mastercard credit card, NETELLER, Skrill, PayPal, Webmoney, and via Wire Transfer. Our tests conducted during our Capixal review saw deposits processed within 7 days and withdrawals were surprisingly processed within a single business day!
Trading fees are very low at this crypto broker. Trades are commission-free and the Capixal make their money from the spreads which are not very high either. The Silver account spreads start at 3 pips, the Gold account at 2.5 pips, and the Platinum account spreads start at 2 pips. Gold and Platinum accounts benefit from a significant discount on swap fees compared to the Silver account which is great considering overnight swap fees can be considered a higher industry cost than some other brokers. Inactivity fees are charged after 60 days of inactivity and the price increases overtime.
60 days inactivity – €160
181 days inactivity – €200
271 days inactivity – €500
Customer Service – Capixal Reviews
Customers can contact this broker via 3 different channels; A phone line, live chat, and email that can also be accessed through a web form. The phone line is a Cyprus number and support is offered in 9 languages including English, Dutch, German, and Italian. Real person customer support is available between 08:00 and 17:00 GMT.
The chatbot is well designed and our Capixal review noticed several pre-set answers for very commonly asked questions such as how to verify your account. The live chatbot will even provide step-by-step guides if suited. We tested the phone line and email contact form during our Capixal review. Response times were quick and helpful.
To learn more about the customer service of this broker for our Capixal review, we checked out as many customer reviews and posts regarding Capixal. For example, Capixal currently maintains a 4.5 rating on TrustPilot and many Capixal reviews noted the fantastic customer service and proficiency of their support service.
Real-Time Rate Screening
Customizable Price Alerts
Regulation and Deposit Insurance – Is Capixal Safe?
It’s important to know what protections are in place by a broker and whether they are regulated. Regulation is an important indicator of a safe, reliable, and tested operation. Thankfully, our Capixal review determined that this broker is regulated in Cyprus with a licence from the Cyprus Securities and Commission Exchange (CySEC). This broker operates under the brand name, IFC Investments Cyprus LTD, and the CySEC website contained the company within their register of authorised entities. We also noted during our Capixal review that there were no warnings for Capixal scams from CySEC.
Not only is this broker regulated but Capixal is registered in over 20 European countries including:
Malta Financial Services Authority
Central Bank of Ireland
Hellenic Capital Market Commission
Sweden Financial Supervisory Authority
Financial Supervisory Authority of Norway
This broker offers negative balance protection as a way of protecting clients’ money – you cannot lose more than you deposited if your account goes into negative as a result of your trading activity. Like other CySEC authorised entities, Capixal holds client funds in segregated accounts from the companies own funds, meaning your money is protected in the unlikely event Capixal were to face financial difficulties for any reason.
Additional Features – More than just crypto
It’s not just cryptocurrencies that are available at this broker. Traders can also access international CFD markets for stock, index, forex, precious metals, and commodities markets. Our Capixal review found more than 250 stock CFDs and the forex markets included major, minor and exotic currency pairs such as USD/INR. Even the commodities markets included exotic products – among classics like oil, we noted cocoa, coffee, copper, and even orange juice markets.
Silver and Gold account holders benefit from a Virtual Private Server (VPS) too, that provides users with low latency and even faster execution speeds. Our reviews noted some pretty outstanding security features too – including Secure Socket Layer Protocols, DDoS protection to ensure no downtime, and a security infrastructure that can be considered bank-grade.
The education resources at Capixal are truly wonderful and an element this broker really shines at. Head to the education tab to locate in-depth trading articles, a huge video-on-demand training library, dedicated e-books, detailed tutorials, and even full trading courses.
Trade Offer - What is available?
Traders can capitalize on the major volatile shifts of more than 12 different cryptocurrencies, including bitcoin, Ethereum, and Cardano. Cryptocurrencies are tradeable as CFDs and users can take advantage of loads of trading tools to make the most informed decision. CFD trading at Capixal allows traders to speculate on price movements both up and down!
Trading Costs - What costs are involved?
Traders will experience no cryptocurrency trading commissions at Capixal and the spreads are around the industry average. Pips vary between trading instruments and the account tier that the trader is using. The Silver account begins at 3 pips, the Gold account at 2.5 pips and the Platinum account at 2 pips. The Inactivity fees increase as the period of inactivity grows – for example after 60 days of inactivity the fee is €160, while after 271 days the fee is much larger at €500.
Trading Conditions - Keep these in mind
Important to note that cryptocurrency trading at Capixal is strictly CFD trading. That means that you can speculatively trade on the valuation of cryptocurrencies but you will not actually own the underlying asset. Advantageously, this means you will not have to get a crypto wallet, you can use leverage, and traders can take a position on whether the cryptocurrency price will go up or down.
Product Summary - A leading crypto broker
Capixal are a leading broker offering only the very best cryptocurrencies as CFDs. Users can major cryptos like Bitcoin, Ethereum, and Litecoin and lesser-known cryptos like Yuan Coin. There are no commissions, multiple trading platforms and one of the most expansive education resources.
Real-Time Rate Screening
Customizable Price Alerts
Overall Conclusion – Capixal Experience and Rating
Capixal is less than a year old and already making waves in the crypto world. Within the over 350 CFD instruments available at Capixal are more than 12 different cryptocurrencies. Beginners don’t have to worry as there are so many educational resources at their disposal, including deep articles, training videos, and full trading courses.
Through multiple trading platforms, investors access the markets on offer at Capixal and that extends to the indicators, charts, and other tools to influence your trades. Traders can use the Capixal trading platforms on both their PC or mobile device including iOS and Android devices.
With zero commissions but rather high spreads, Capixal offers lightning-fast trade executions and multiple leading payment methods to deposit and withdraw funds from your trading account. Capixal are one of the best ways to trade cryptocurrencies in 2021.