CapitalXtend Forex Review

Read our full CapitalXtend review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased CapitalXtend opinion allows our readers to decide whether CapitalXtend is a reliable broker.

CapitalXtend Forex Broker History

CapitalXtend LLC is a regulated broker that was established in 2020. The broker initially was a member of an international self-regulatory organization and later managed to acquire a license from an offshore jurisdiction as well. The broker launched its trading services and incorporated MT4 and MT5 advanced platforms together with a wide range of account types and diverse market access. As of now, the broker has a very well-designed website that feels responsive and provides all the crucial information about the broker’s trading conditions and promotions.

CapitalXtend broker safety

Safety is the number one priority when choosing a broker. CapitalXtend is a regulated Forex and CFDs broker that is overseen by two authorities:

• the Financial Services Commission of the Republic of Mauritius (Investment Dealer License)
• the Financial Commission (international self-regulatory organization)

While none of the above are very strict and reputable, they still provide traders with some level of confidence and safety.

CapitalXtend offers negative balance protection and retail traders won’t become eligible for losses beyond their account balance, which is important for beginners.

All trader funds are kept in segregated bank accounts, which ensures the broker’s operational funds remain separate from its clients’ money.

CapitalXtend Broker Review of Accounts

CapitalXtend provides a wide choice of trading accounts such as standard, ECN, platinum, and Pro-Ecn. Each of the accounts offers different benefits and is targeted at different trading styles. Let’s briefly review each of them to define whether the broker is competitive.

CapitalXtend standard accounts have the following specs:

• Trading platform – Only MT4
• Minimum deposit – $12
• Maximum leverage – 1:5000
• Spreads from – 2 pips
• Commissions – $0
• Swap-free option – Yes
• Minimum lot size – 0.01 lots

CapitalXtend ECN accounts have the following specs:

• Minimum deposit – $50
• Maximum leverage – 1:5000
• Spreads from – 1.2 pips
• Commissions – No
• Swap-free option – Yes
• Minimum lot size – 0.01 lots
• Trading platforms – MT4 and MT5

CapitalXtend platinum accounts have the following specs:

• Trading platform – Only MT4
• Minimum deposit – $25,000
• Maximum leverage – 1:500
• Spreads from – 0.0 pips
• Commissions – 0 USD
• Swap-free option – No
• Minimum lot size – 0.01 lots

CapitalXtend Pro-Ecn accounts have the following specs:

• Platform – MT4 and MT5
• Minimum deposit – $100
• Maximum leverage – 1:5000
• Spreads from – 0.0 pips
• Commissions – $3 per side per lot
• Swap-free option – Available
• Minimum lot size – 0.01 lots

As we can see, CapitalXtend offers both low-spread accounts for scalpers and standard accounts for general commission-free trading.

CapitalXtend instruments

CapitalXtend provides a plethora of different trading assets such as Forex pairs, commodities, indices, and crypto pairs. Many of the assets are offered in the form of CFDs but there are also spot commodities like spot metals and energies. With a high leverage of 1:5000 traders can control position sizes 5000 times their account balance which is both risky and flexible. Since there is a negative balance protection, this leverage is not very risky even for beginners.

CapitalXtend Reviews of Trading Platforms

CapitalXtend trading platforms are MetaTrader 4 and MetaTrader 5, which allow custom indicators, Expert Advisors, and advanced trading tools. The broker also offers copy trading services which are automated using these platforms. Mobile trading is possible through mobile app versions of these platforms and is accessible on Android and iOS via respective stores.

CapitalXtend Forex Review of Extra Features

CapitalXtend extra features include copy trading, VPS, trading contests, promotions and bonuses, and an educational academy. VPS service is super important for algorithmic trading through MT4 & 5 EAs, enabling 24/7 up times.

The academy provides essential guides on financial trading and all offered asset classes are covered. It lacks webinars and trading courses. There is a 30% deposit bonus of up to 300 dollars, to amplify traders’ capabilities.

CapitalXtend Reviews of Customer Support

Customer support experience is excellent at CapitalXtend with multiple support options like live chat, email, and phone support. Traders can contact the broker instantly using the 24/7 live chat or email and phone support. The broker discloses its physical office address, which is a green flag. CapitalXtend is a multilingual broker with plenty of different languages supported.

CapitalXtend Deposit and Withdrawal

CapitalXtend offers fast profit withdrawals which are processed within 24 hours. This is super competitive in the FX trading industry where 99% of brokers have 2-4 business days for processing. However, deposits also require similar processing times. As for the payment options, the broker accepts Visa & MasterCard, Paylivre, cryptos (Bitcoin, Ethereum, USDT-OMNI, USDT-ERC20, Doge, Litecoin, BSC, SDT-TRC20), ThunderXPay, wire transfers, local transfers, and online banking.

CapitalXtend Review Conclusion – Is CapitalXtend legit?

CapitalXtend presents an attractive option for traders seeking low minimum deposits and high leverage. The broker offers MT4 and MT5 platforms, deposits start at 12 USD, and leverage is up to 1:5000. Its diverse accounts are suitable for various strategies and trading styles, from commission-free beginners to active scalpers. CapitalXtend is regulated by MU FSC and FC and supports 24-hour withdrawals. Despite these advantages, the broker’s regulations are offshore, and educational resources are text-based only. While surely not a confirmed scam, the broker is still risky and traders should be cautious before investing real money.

FAQs on CapitalXtend

Is CapitalXtend a scam?

CapitalXtend scam is unlikely as it holds two licenses from MU FSC and FC, making it a legit broker.

What is the CapitalXtend minimum deposit?

The minimum deposit is $12 for their Standard account, which makes it very beginner-friendly and competitive.

Is CapitalXtend a cheap broker?

The broker is not exactly very cheap but still offers cost-efficient conditions with its diverse account types.