CAPEX.com

CAPEX.com is the online trading brand of KW Investments Ltd, a company incorporated in 2019 and headquartered in Cyprus, with a registered office in Seychelles. The broker offers contract for difference (CFD) trading on a variety of asset classes, including forex, bonds, commodities, ETFs, shares, and indices. CAPEX is regulated by two financial authorities: the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (FSA).

CAPEX holds a CySEC derivatives trading license (no. 292/16), which is a full MiFID II passporting license within the European Economic Area. This means the broker must comply with strict capital adequacy, client fund segregation, and reporting requirements. Additionally, the company holds an offshore regulation from the FSA in Seychelles (license SD020). While the CySEC license provides a solid regulatory framework, the FSA license is less stringent and considered offshore regulation. Traders should be aware of the different levels of protection each license offers.

CAPEX offers three live account tiers: Essential ($1,000 minimum deposit), Original ($5,000), and Signature ($25,000). Each tier is designed to cater to different trader profiles, from beginners to high-net-worth individuals. Additionally, the broker advertises a standard account with a minimum deposit of $100 on the MetaTrader 4 (MT4) platform, providing a low-cost entry point. The accounts differ in terms of spreads, commissions, and services, though specific details on these variables are not publicly listed.

CAPEX provides the popular MetaTrader 4 (MT4) platform, known for its advanced charting tools, automated trading capabilities, and user-friendly interface. The broker also offers its proprietary web and mobile platforms. Traders can access over 2,000 CFDs on major and minor forex pairs, indices, commodities (gold, oil, silver), share CFDs from global companies, and ETFs. The maximum leverage available is up to 1:300, though this varies by instrument and client jurisdiction.

CAPEX supports a variety of deposit methods, including credit/debit cards, bank transfers, and electronic wallets (specific providers are not disclosed). Withdrawals are processed via the same method used for deposit, and a commission of €20 applies to each withdrawal. The minimum deposit for the MT4 platform is $100, while the tiered accounts require higher initial deposits. The broker processes withdrawal requests typically within one business day, though actual timeframes depend on the payment provider.

CAPEX is positioned as a broker for both beginners and experienced traders, offering educational resources through its CAPEX Academy and a range of analytical tools. However, the high minimum deposits for the premium accounts may deter retail traders with limited capital. The broker's dual regulation and long operating history (since 2019) add a degree of legitimacy, but the FSA license and a pattern of user complaints warrant caution. Traders who value low-cost entry and straightforward account structures may find the $100 MT4 account appealing.