CapproFX is an online trading broker that operates the Straight-Through Processing (STP) execution model, offering services to individual and institutional traders, hedge funds, commercial entities, brokerage firms, and money managers all around the world. The broker is built on the core values of trust and transparency with a strong background in the financial market, delivers cutting-edge technology, trading tools, and innovative trading experience to clients.
CapproFX Review, Pros & Cons
- MetaTrader 4 trading platforms
- Educational resources
- Economic calendar & other trading tools
- Several financial instruments
- Unregulated brokerage firm
- No USA clients
- Not the lowest spreads
- No MetaTrader 5 or cTrader platforms
In this detailed CapproFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Headquartered in London, United Kingdom, CapproFX provides traders with a range of intuitive trading platforms for trading forex currency pairs, commodities, and CFDs. They offer competitive trading conditions, including true ECN connectivity with direct access to interbank liquidity, tight spreads, and execution with no dealing desk intervention. There are multiple account options to suit the needs of different traders, along with trading and learning tools, as well as a client support team to aid their daily trading activities.
CapproFX.com is owned and operated by Cappro Technologies, United Kingdom. Cappro Technologies Limited is registered with the Registrar of Companies for England and Wales (Registration Number: 11322912) and is registered in the United Kingdom.
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
CapproFX does not offer its services to residents of countries and jurisdictions where its use would be contrary to local law or regulation. Hence, they do not offer their services to residents of the United States of America.
Some CapproFX features and products mentioned within this CapproFX review may not be available to traders from certain countries because of legal restrictions.
Clients are provided with the MetaTrader 4 trading platform, which is regarded as one of the industry standards for foreign exchange trading and strategy automation. It has versatile functionality with charting tools, market indicators, scripts, expert advisors, advanced risk management, real-time market execution, and more. The broker makes the MT4 platform available as a desktop application for Windows and Mac computers, WebTrader, and a mobile trading app that is compatible with Android and iOS devices.
CapproFX Trading Tools
The broker provides traders with some useful trading tools to ensure a hitch-free trading process, and they include Economic Calendar, Forex Calculators, Holiday Calendar, Forex Tips, Forecast, and more.
Traders also benefit from a range of educational materials, such as trading blogs, forex dictionary, educational webinars, and an FAQ section that contains answers to some of the most common questions that traders may have.
The following trading instruments are available at CapproFX: forex currency pairs, commodities, and CFDs.
CapproFX Accounts & Fees
The broker offers a choice of two trading account types, namely: Pro Trader Account and ECN Trader Account, with required minimum deposits of $10 and $500 respectively. There is also the demo account, which is provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this CapproFX review. It is imperative to ensure that you check and understand all of the latest information before you open a CapproFX broker account for online trading.
The broker provides traders with a knowledgeable client support team that can be contacted through telephone, email, Live Chat, social media, or by filling the contact form on the broker’s website.
CapproFX Deposit & Withdrawal
CapproFX accepts the following payment methods for both account deposits and withdrawals:
- Bank wire transfer
- Credit Debit cards
- A cryptocurrency (Bitcoin)
- Online payment processors, such as Neteller and Skrill
CapproFX Account Opening
Account opening is easy; just click on the ‘Open Live Account’ tab on the homepage and fill out the account application form. Once your account is created, your login details and password will be emailed to you.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
CapproFx is a retail trading broker with its headquarters in London. They offer forex and commodities for trading via the MT4 trading platform. In addition to competitive trading conditions, traders are also provided with trading and learning tools, as well as a client support team to aid their trading.
Forex margin trading involves substantial risks. Forex margin trading exposes participants to risks including, but not limited to, changes in political conditions, economic factors, acts of nature, and other factors, all of which may substantially affect the price or availability of one or more foreign currencies. Speculative trading is a challenging prospect, even to those with market experience and an understanding of the risks involved. Only funds that a person would allocate to high-risk investments (i.e., funds that if lost would not affect the person’s standard of living or financial well-being) should be used in trading.