CapitalXtend

CapitalXtend is a forex and CFD broker registered in Mauritius, founded on 20 August 2020. The company operates under the legal name CapitalXtend (Mauritius) LLC and is headquartered at Suite 201 The Catalyst 40 Silicon Avenue Cybercity, 72201 Ebene, Republic of Mauritius.

CapitalXtend offers trading across a range of asset classes, including forex, spot metals, spot commodities, CFD indices, and cryptocurrencies. The broker states it provides over 350 instruments and supports the MetaTrader 5 platform, along with copy trading for clients who prefer to follow other traders.

CapitalXtend is regulated by the Financial Services Commission (FSC) of Mauritius, holding a Securities Trading License (EP). The regulator is the primary financial authority in Mauritius, and the broker's status is listed as 'Regulated' in our records.

It is important to note that the FSC is an offshore regulator, which may offer a different level of investor protection compared to regulators in major financial hubs such as the FCA in the UK or ASIC in Australia. Traders should consider this when evaluating the broker's safety.

CapitalXtend offers four main account types to cater to different trading styles and capital levels. The Standard account requires a minimum deposit of $12 and offers leverage up to 1:5000 with spreads from 2.0 pips. The ECN account has a minimum deposit of $50, leverage up to 1:5000, and spreads from 1.2 pips.

The Pro-Ecn account is designed for more active traders, with a minimum deposit of $100, leverage up to 1:5000, spreads from 0.0 pips, and a fixed commission of $3 per side. The top-tier Platinum account requires a minimum deposit of $25,000, offers leverage up to 1:500, and spreads from 0.0 pips, with no commission mentioned.

The broker provides access to a diverse range of instruments, including forex pairs, spot metals like gold and silver, spot commodities, CFD indices, and cryptocurrencies. This variety allows traders to diversify their portfolios within a single account.

CapitalXtend supports the MetaTrader 5 (MT5) platform, which is widely used for its advanced charting tools, automated trading capabilities, and fast execution. The broker also offers copy trading, enabling less experienced traders to replicate the strategies of seasoned professionals.

CapitalXtend supports several deposit methods, including bank transfer, VISA, and Mastercard. The broker also mentions support for digital currency and JETAPAY, a payment service, for both deposits and withdrawals. The minimum deposit is $12, making it accessible for retail traders with smaller capital.

Withdrawal methods are not explicitly listed in the available data, but the broker claims to process withdrawals quickly. Some client reviews indicate that withdrawals can be approved in as little as two minutes, while others have reported delays or rejections, so traders should be aware of potential variability.

One of the standout features of CapitalXtend is its high maximum leverage of up to 1:5000 on most account types, which can amplify both profits and losses. The minimum spread starts from 0.0 pips on the Pro-Ecn and Platinum accounts, while the Standard and ECN accounts have spreads from 2.0 and 1.2 pips, respectively.

High leverage is attractive to short-term traders, but it also carries significant risk. The broker's spreads are competitive, but traders should factor in any commissions, such as the $3 per side on Pro-Ecn, when calculating overall trading costs.

CapitalXtend appears to target a global audience, including traders in North America, Africa, the Middle East, and other regions. The low minimum deposit and high leverage make it appealing to retail traders with limited capital, while the Platinum account caters to high-net-worth individuals.

The broker's offerings, including copy trading and a range of instruments, may suit both beginners and experienced traders. However, the offshore regulation and mixed reviews regarding withdrawals suggest that it may not be ideal for risk-averse traders or those who prioritize strict regulatory oversight.