Forex Trading has been one of the most famous markets throughout history. It seems that nowadays, there are more demands for it and there are a lot of traders who are looking for chances, tools, and the best forex brokers to start forex trading. One of the popular forex brokers is Capitalxtend which is also a CFD broker. This popular broker has provided a lot of trading tools and services for traders from all over the world.
The broker is famous for starting the transactions from zero pips, low commissions, and rapid trade execution speeds. Many traders who have worked with this broker have reported that they have gained a lot of benefits and this broker provided access to many useful platforms for forex transactions. This MetaTrader platform also allows the traders to have access to many solutions in the way of forex trading and the solutions for opening an account and funding options.
Further information about this great forex broker such as its regulation, its pros, and cons, the tools which it provides for the clients, and more critical information is given through this article in order to know it better and decide whether it is suitable for your goals or not.
Pros and Cons of Capitalxtend
Like many other brokers, Capitalxtend has its own pros and cons that you’d better know before choosing it as your broker for online trading. To start with its pros it is better to mention its user-friendly MetaTrader 4 platform which was mentioned earlier. By such a feature it allows the traders to find the solutions to their problems faster and manage them better. So, the next advantage of this big-time forex broker is the copy trading solution which provides a sense of relief for traders.
Again, it is necessary to mention the other brilliant characteristic of Capitalxtend which is presenting various account types and funding options that are available for traders. The other noticeable advantage of this broker is the education services that are provided for traders. There are some academy sections in this platform that teach the techniques of foreign exchange trading to the traders. This is a brilliant opportunity for all those who want to expand their knowledge of trading.
One of the other beneficial factors of Capitalxtend is the fact that this broker has 24-hour multilingual support. That’s why this broker is famous on a global scale. And finally, the range of trading instruments is the other strong point of this platform. There are only three important weak points that might be so serious for you:
- Not regulated
- No US clients
- USD account currency only
In the following paragraphs, more information about some of the pros and cons of this broker is given which might be important to you. Remember that all of these features are alternatives for different traders. Because sometimes the goals of the traders could be adopted with even some of the cons of this broker.
Different Types of Platforms
One of the most popular online trading platforms for all traders from all over the world is the MetaTrader 4 (MT4) platform. The reputation which this platform has gained is because of having a user-friendly interface and being easy to use. So, it gives the opportunity to beginners to have a seamless trading experience. In addition to beginners, this platform is also the best one for professional traders as well. This fact shows how limitless this platform is.
All in all, the best features of this platform are:
- Real-time price which is available in windows to watch
- Fast speed of showing the latest changes of trading markets
- Different types of charts and diagrams for trading analysis
- The wide range of trading tools
- Automatic trading and professional advisors
- Demo mode and strategy tester
- MQL marketplace for sharing trading tools and signals
- Support multiple charts and devices
- Support more than 20 languages
- Availability of different versions such as web, desktop, and mobile.
As mentioned before, one of the most important facts about this online financial broker is the fact that it provides the MT4 platform which is filled with a lot of forex trading tools. This platform could be expanded by more additional tools of Capitalxtend. For becoming more familiar with the extra beneficial tools of this broker, you’d better go for the following paragraphs.
The Capitalxtend with its copy trading tools allows you to copy the top-performing traders’ trades and analyze them, for the sake of their success. You have the allowance to search through a list of traders and copy the signals which you think are closer to your aim in forex trading. Do not forget that looking at the previous results of other traders’ transactions is the best way to find a solution for the success of your transactions.
Capitalxtend has provided a website with a news section about whatever is related to forex trading. The world of foreign exchange trading is full of tricks that sometimes need the latest methods and techniques to overcome them. By having to the forex news, you can become aware of the latest changes, tricks, and ways to gain more profit. There are also a lot of helpful articles which have been recently released and you can learn a lot of solutions from these articles.
One of the other amazing tools of Capitalxtend is the economic calendar which lets you know the times and dates of the popular news which are released in the realm of forex trading. This can be a useful analytic tool for your foreign exchange trading. There is also the possibility to filter the news with impact, forecast, country, category, and more. In this sense, you can save more time and have access to the exact news that you are looking for.
Deposit & Withdrawal of Capitalxtend
This broker gives this possibility to their clients to have a variety of options in the payment system. This factor is one of the most important for the popularity of a forex broker with a powerful platform and tools. Therefore, the clients of this broker are able to choose between multiple payment systems for withdrawing and depositing in a fast and secure process of payment. The broker of Capitalxtend supports different methods of payment such as bank transfer, credit/debit cards, cryptocurrency, and online payment processors such as Skrill, Perfect Money, and Neteller.
Accounts & Fees of Capitalxtend
There are a lot of accounts in the broker that allow you to choose the best one which is more well-matched with your conditions. In this sense, you can feel calmer in making efforts for achieving your goals. In this section, some of the accounts of this broker are introduced in order to help you to know this powerful broker better.
The standard account of this famous broker is a tight floating spread that allows you to start your trading with a minimum deposit of $100. Its dynamic leverage reaches up to 1:1000. It is a suitable account for USD and it is a hedging allowed account. There are no hidden commissions in this type of account and it is known for having SWAP-free options. By all these features, you can understand why this type of account is named as the standard one.
ECN – No Commission
The minimum deposit for this type of account in this broker is $500 which is the better deposit for forex and gives more flexibility. Like the Standard one, it has tight floating spreads, available in USD, has no hidden commissions, and has a SWAP-free option. The execution of this type of account is divided into instant execution and ECN (Market) execution. Again like the Standard account, the dynamic leverage of ECN reaches up to 1:1000.
ECN – Pro
This type of ECN account has all the features of the previous one except for 4 features. The first difference of this type of ECN is the minimum deposit which is 1000$ which is the best deposit for a forex broker. The next thing that makes this account different from the last ones is the floating raw spreads. It has also fixed commissions and EA trading.
The most powerful account of the broker is Platinum which is a floating raw spread account with dynamic leverage up to 1:500. The minimum deposit of this type of account is $25,000. Zero commissions, speed of light execution, and EA trading are the other characteristics of this account.
Choosing one of them is completely up to you and your conditions for trading. So, study different types of accounts if you want to use this forex broker.
The Bottom Line about Capitalxtend
Demands for forex trading have caused the existence of a lot of brokers. One of the famous online forex brokers is the Capitalxtend which is offering trading on different types of marketing including Oil, Forex, Indices, Gold, Commodities, and Cryptocurrencies. It has a lot of pros and cons that are noticeable and help you to decide whether it is the right broker for your trading or not. After all, with the different kinds of tools and devices of this broker, you are able to guarantee your business.