CapitalXTend Review

Category: Reviews | Author: Trading Brokers | Date: May 25, 2024

Step into the realm of CapitalXTend, where online trading services unfold across a diverse range of financial instruments, including forex, stocks, indices, commodities, and the dynamic domain of cryptocurrencies. Like any journey, a prudent start begins with understanding the landscape. While CapitalXTend touts attractive attributes such as low spreads, robust leverage, speedy execution, and responsive customer support, it’s equally vital to grasp the nuanced aspects. In this article, our exploration leads us through the broker’s regulatory framework, the functionality of its trading platforms and tools, the educational resources it offers, the breadth of markets it engages in, the intricacies of its account variations, and the array of funding methods at your disposal. Our mission is to equip you with an enlightened perspective on CapitalXTend, ensuring you’re well-prepared for your trading endeavors.

Pros & Cons

  • Low spreads and high leverage
  • Wide range of instruments to trade
  • Offers copy trading to traders
  • MetaTrader 4 & 5 platforms
  • Limited customer support options and languages
  • No regulation from reputable authorities such as FCA, ASIC or CySEC
  • Does not support other platforms
  • High minimum deposit for some accounts

Summary

CapitalXTend Review

CapitalXTend Review

Established in 2005, CapitalXTend is an online broker that offers a wide range of trading services encompassing forex, stocks, indices, commodities, and cryptocurrencies. Regulated by the Financial Services Commission of Mauritius and a member of the Financial Commission, it provides traders with access to the highly regarded MetaTrader 4 and MetaTrader 5 platforms, known for their user-friendly interfaces and multi-device compatibility.


CapitalXTend’s four trading account types – Standard, ECN, Pro-ECN, and Platinum – offer various features, including minimum deposits, leverage, spreads, commissions, and tradable instruments. Funding and withdrawals are facilitated through a variety of methods, with an emphasis on speedy transaction processing. While CapitalXTend strives to cater to a broad clientele with its range of products and services, traders are advised to delve deeper for a comprehensive evaluation that aligns with their specific trading needs and preferences.

AvaTrade Logo

Our #1 Broker 2024

AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation

When it comes to selecting a broker, one crucial aspect is their regulatory status. In the case of CapitalXtend, their regulatory situation might not be as transparent or dependable as one would hope. According to their website, CapitalXtend is licensed by the Financial Services Commission of Mauritius and holds membership with the Financial Commission. They also assert to possess certificates from St. Vincent and the Grenadines as well as Kazakhstan.

However, it’s worth noting that these jurisdictions are often associated with lenient regulations and minimal requirements for brokers. In fact, there are sources indicating that CapitalXtend may not be regulated at all, potentially operating as an unlicensed broker carrying a significant risk of fraudulent activities or financial risks. Consequently, we strongly recommend exercising caution when considering CapitalXtend as your broker of choice and emphasize the importance of conducting thorough research before taking any steps to open an account with them. Please see a list of regulated brokers for some alternative options.

Platforms & Tools

MT4 & MT5 Platforms

MT4 & MT5 Platforms

CapitalXTend offers its clients access to two leading online trading platforms: MetaTrader 4 and MetaTrader 5. These platforms are trusted by traders of all experience levels due to their extensive features, designed to elevate your trading journey. You can easily download these platforms for free directly from CapitalXTend’s website or opt for the convenient web-based versions, eliminating the need for installation.

But that’s not all; CapitalXTend goes the extra mile by providing a suite of trading tools on their website to empower its clients and enhance trading performance. Some of these invaluable tools include:

  • Forex Calculators: These handy tools assist you in calculating critical trade parameters, including margin, pip value, swap rates, and profit/loss.
  • Economic Calendar: Stay ahead of the curve with this tool, which displays upcoming economic events and indicators that can influence market movements and volatility. Plan your trades intelligently to avoid unexpected surprises.
  • Market Watch: Receive real-time updates on the prices and movements of various assets, such as currencies, indices, and commodities.
  • Copy Trading: Unlock the potential to mirror the strategies of successful traders on the platform, and diversify your portfolio.

However, it’s essential to exercise caution and not rely blindly on these tools for your trading decisions.

Education

CapitalXTend offers a range of educational resources to assist clients in expanding their understanding of financial markets and enhancing their trading capabilities. These resources include:

  • Forex eBooks: Clients can access a collection of free downloadable eBooks that delve into various aspects of forex trading, such as technical analysis, fundamental analysis, risk management, trading psychology, and other relevant topics.
  • Educational Videos: CapitalXTend’s educational video section features tutorials on using the MetaTrader 4 and MetaTrader 5 platforms, as well as insights into market analysis, trading signals, and copy trading.
  • Daily Market News: This section offers daily updates on the latest market events and trends that may impact trading opportunities and decisions.
  • News Feed: Clients can access live news from reputable sources like Reuters, Bloomberg, and CNBC to stay informed about market movements and developments.
  • Glossary: An explanatory section that defines key terms and concepts related to forex trading and financial markets.

 


Markets

CapitalXTend presents a wide array of financial instruments across various asset classes for trading on its platforms. The platform offers access to over 300 instruments, including:

  • Forex Trading: Traders have the opportunity to engage in trading more than 60 currency pairs with competitive spreads and leverage options. They can also enjoy low commissions, efficient execution, and 24/5 market availability.
  • Spot Metals: The platform allows for trading in spot metals like gold and silver, which can be paired against major currencies. This comes with the advantages of high liquidity, narrow spreads, and flexible contract sizes.
  • Spot Energies: Traders can access spot energies, such as crude oil and natural gas, with a focus on competitive pricing and low margins. This facilitates capitalizing on market volatility and diversifying one’s investment portfolio.
  • CFD Shares: CapitalXTend offers contracts for difference (CFDs) on more than 100 global shares from leading companies and industries. This allows traders to benefit from both rising and falling markets, in addition to access to dividends and corporate actions.
  • CFD Indices: The platform provides CFD trading on over 20 major stock indices worldwide, with the advantages of low spreads and high leverage, granting access to global equity markets.
  • Cryptocurrencies: Traders can engage in CFD trading of popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This permits speculation on digital asset price movements with low commissions and a strong emphasis on security.

This wide range of offerings allows traders to diversify their portfolios and explore different trading strategies

 

Accounts

CapitalXTend offers a variety of trading accounts tailored to suit the diverse needs and preferences of traders. These accounts include:

  • Standard Account: With a minimum deposit requirement of $100, it provides leverage of up to 1:5000, no commission, and spreads starting at 2.5 pips. Traders gain access to over 300 instruments, including forex, spot metals, spot energies, CFD shares, CFD indices, and cryptocurrencies.
  • ECN Account: Requiring a minimum deposit of $200, this account offers leverage of up to 1:5000, a fixed commission of $3 per side, and spreads from 1.6 pips. Traders can access a wide range of instruments, including forex, spot metals, spot energies, CFD indices, and cryptocurrencies.
  • Pro-ECN Account: For experienced traders, this account mandates a minimum deposit of $500. It provides high leverage up to 1:5000, a variable commission based on trading volume, and ultra-tight spreads from 0.1 pips. The instrument selection includes forex, spot metals, spot energies, CFD indices, and cryptocurrencies.
  • Platinum Account: Designed for those seeking a premium experience, this account requires a minimum deposit of $25,000. It offers leverage up to 1:500, no commission, and spreads from 0.1 pips. Traders can access over 300 instruments, encompassing forex, spot metals, spot energies, CFD indices, and cryptocurrencies.

It’s important to note that trading conditions may fluctuate due to market dynamics and liquidity.


Funding

CapitalXTend offers a variety of funding methods for trading accounts. Traders can choose from several options, each with its own advantages:

CapitalXtend offers several methods for funding your trading account. These methods are designed to provide convenience and flexibility to traders, allowing them to choose the option that best suits their needs. Here are the funding methods offered by CapitalXtend:

  • Bank Wire Transfer: This is a traditional method of transferring funds. It is secure and can handle large amounts, but it may take several days for the funds to appear in your trading account.
  • Credit/Debit Cards: CapitalXtend accepts major credit and debit cards. This method is quick and convenient, but there may be limits on the amount you can deposit at a time.
  • Electronic Payment Systems: CapitalXtend supports various electronic payment systems, providing a fast and convenient way to fund your account. These include Skrill, Neteller, and others.
  • Cryptocurrency: CapitalXtend also accepts cryptocurrency as a method of deposit. This is a modern and increasingly popular method of transferring funds, especially for those who trade in digital currencies.

It’s important to note that while most funding methods are processed free of charge, cryptocurrency transactions may require a network fee. Also, the availability of these funding methods may vary depending on the trader’s location and the regulations in place.

Conclusion

In conclusion, our review has shed light on CapitalXTend’s diverse offerings, from trading accounts and funding methods to educational resources and a wide range of financial instruments. The platform’s commitment to supporting traders of all levels is evident, with an array of account types and resources available. However, it’s worth noting that while CapitalXTend offers strong features, there are other brokers with longer track records that might be worth considering as alternative options. For additional choices, we encourage you to explore our trading brokers reviews. Ultimately, the choice of a broker depends on your specific trading needs, preferences, and risk tolerance.

CapitalXTend Logo

$100

CapitalXtend is a financial services provider that offers a broad range of trading services and products, including forex, CFDs, commodities, indices, and cryptocurrencies. They are known for their high leverage, diverse account types, and comprehensive trading platforms.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


About the Author

trading brokers logo

Trading Brokers
Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.


Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.