About CFXC
Who Is Capital FX Club?
Capital FX Club (also referred to as CFXC) is a retail forex and CFD broker registered in the United Kingdom, with a founding date of 9 May 2019. The broker operates through the website capitalfxclub.com and lists a physical address at 357 City Road, London.
Despite its UK registration, our verification confirms that Capital FX Club does not hold a regulatory licence from the Financial Conduct Authority (FCA) or any other known financial regulator. This lack of regulatory oversight is a significant factor in the broker's high scam risk score of 75/100 assigned by FXCanary.
Trading Instruments and Platforms
Capital FX Club does not explicitly list the full range of trading instruments on its public website. However, as a forex broker, it is presumed to offer currency pairs, and possibly CFDs on indices, commodities, and cryptocurrencies. The broker claims to provide multiple trading platforms, including a web-based platform and one for Apple Mac, but does not mention industry-standard platforms like MetaTrader 4 or 5.
The broker emphasises fast execution and one-click trading features. Traders are expected to use the proprietary platform accessible via web browser or mobile device.
Account Types and Minimum Deposits
According to aggregated industry data, Capital FX Club offers four account tiers tailored to different capital levels. The Standard Account requires a minimum deposit of $250, making it accessible to retail traders. The Classic Account starts at $2,500, the Gold Account at $20,000, and the Premium Account from $50,000.
Maximum leverage is not specified per account, but the broker’s website claims a maximum leverage of 1:200. Spreads are advertised as starting from 1.6 pips on EUR/USD, with no commission fees. Islamic (swap-free) accounts are also offered.
Funding and Customer Support
The broker states that there are no deposit fees, though withdrawal methods and fees are not detailed on the public pages. Customer support is available 24/5 via live chat and email at support@capitalfxclub.com.
Capital FX Club also promotes a 30% welcome bonus for new clients, along with personal account managers and trading signals. These features are typical of unregulated brokers aiming to attract retail deposits.
Regulatory Status and Risks
As of this review, Capital FX Club is not regulated by any recognised financial authority. The company is registered in the UK but does not hold an FCA licence. This absence of regulation means that client funds are not protected under the Financial Services Compensation Scheme (FSCS) or any similar investor protection programme.
Traders should exercise extreme caution when dealing with unregulated brokers, as there is no independent oversight of the broker’s operations, financial segregation, or complaint resolution. The high scam risk score reflects these concerns.
Transparency and Documentation
The broker provides several policy pages on its website, including Anti-Money Laundering (AML), Know Your Client (KYC), Terms & Conditions, and Risk Disclosure. These documents outline the broker's commitment to compliance and customer security, but without a regulator to enforce these policies, their implementation is self-regulated.
Our team cross-checked the company address and registration details; the entity 'Pro Capital' appears in the terms, but no public filings confirm active trading operations under FCA supervision. This lack of verifiable regulatory information is a red flag for potential traders.
Overview compiled by FXCanary from regulatory records and public data. full CFXC review