Overview of CapitalXtend
CapitalXtend, a trading name of CAPITALXTEND GROUP LTD, is allegedly an online forex and CFD broker registered in Republic of Mauritius and founded in 2020 that provides its clients with the industry-standard MetaTrader4 and MetaTrader5 trading platforms, flexible leverage up to 1:5000, tight spreads from 0.0 pips on over 350 tradable financial instruments, a choice of four different account types, as well as copy trading service and 24/7 customer support service.
Regulatory Status
CapitalXtend is regulated by the Financial Services Commission (FSC), operating under an offshore regulatory status. The License Number for CapitalXtend is GB23201599.
Pros and Cons
CapitalXtend, as a trading platform, boasts several strengths.
Firstly, it offers access to more than 350 tradable assets and multiple account types. Further, the minimum deposit to commence trading is a relatively low $12, making it an accessible platform for traders of varying financial capacities. In terms of its technical offerings, the availability of both MetaTrader 4 and MetaTrader 5
On the other hand, there are some downsides to consider. Although CapitalXtend offers a broad array of options for fund withdrawal, some of these methods may involve commission charges, which could be a potential deterrent for customers. The offshore regulation of the platform could also be viewed as a downside.
Market Instruments
CapitalXtend advertises that it is a multi-asset platform with more than 350 trading instruments in financial markets, including cryptocurrencies, forex, spot metals, spot energies, CFD shares and CFD indices.
Account Types
There are four live trading accounts offered by CapitalXtend, namely Standard, ECN, Pro-Ecn and Platinum. Opening a Standard account requires the minimum initial deposit amount of $12, and the other two account types with the similarly low minimum initial capital requirements of $$50,$$100 respectively. Platinum accounts remains the most expensive account type, asking for a high minimum deposit of $25,000.
Leverage
Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Standard, ECN or Pro-Ecn account can enjoy the maximum leverage of 1:5000, while the Platinum account can experience the leverage of 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Spreads are influenced by what type of accounts traders are holding. CapitalXtend reveals that the spread on the Standard account starts from 2 pips, the clients on the ECN account can experience spreads from 1.2 pips, while the Pro-Ecn or Platinum account can enjoy the lowest spreads from 0.0 pips. As for commissions, the Pro-Ecn account will be charged a fixed commission of $3 per side, while the other three account types with no commission.
Trading Platforms and Tools
When it comes to trading platforms available,CapitalXtend gives traders the industry-standard MetaTrader4 and MetaTrader5 trading platforms. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with currently 10,000+ trading apps the traders can utilize to achieve better results. Both MT4 and MT5 have mobile Apps, trading can be done from anywhere and at any time through the right mobile terminals including iOS and Android devices.
CapitalXtend also provides a variety of trading tools, which includes:
Forex Calculators: These tools enable traders to calculate different parameters related to their trades, such as margin, pip value, swap, and profit calculation.
Economic Calendar: This is a schedule of significant released news events which can affect the financial markets, including forecasts and indicators.
Market Watch Currencies: This tool provides real-time information about currency markets.
Market Watch Indices: This tool provides real-time information about major global indices.
Market Watch Commodities: This tool offers real-time information on commodity markets.
These tools are designed to help create trading strategies, maximize profitability, and reduce the risk in trading.
Deposit & Withdrawal
At CapitalXtend, the deposit and withdrawal methods available include Bitcoin, Ethereum, USDT-OMNI, USDT-ERC20, Doge, Litecoin, BSC, USDT-TRC20, Paylivre, ThunderXPay, Wire Transfer, Visa, Mastercard, Bank Transfer, Local Transfer, and Online Banking.
Fees and processing times vary. For example, methods utilizing blockchain or bank transfers have fees and processing times dependent on the blockchain or bank, respectively. Paylivre charges a 2.6% deposit fee and a 1.8% withdrawal fee, with processing times of up to 24 hours for both processes.
Most methods, including ThunderXPay, Visa, Mastercard, and Online Banking, charge no commission fee for deposits or withdrawals, with processing times of up to 24-72 hours. Local transfer withdrawal may have regional charges.
Other Services
Copy Trading
CapitalXtend's Copytrade enables anyone to trade like a professional:
Choose your preferred trader from the leaderboard.
Set your investment amount.
Subscribe to a Master Account to copy the trader's activity.
Go Autopilot to copy top traders and earn when they profit. Benefits include copying multiple masters, flexibility in subscription, quick deposit or withdrawal, full trade control and more. CapitalXtend offers a smart, secure, and convenient trading experience with superior tools, fast execution, and tight spreads.
PAMM Accounts
CapitalXtend's Percentage Allocation Management Module (PAMM) is a forex trading system where investors pool their money with a professional trader (Money Manager) who buys and sells assets on their behalf.
Advantages of PAMM include:
High Earning Potential: Experienced money managers can increase winning rates and potential profit.
Quality Pricing and Execution: You get tight spreads, low latency, and high click-through rates.
Stable Technology: Ensures optimal server uptime, stability, and user-friendliness.
Customizable Accounts: You can set your own conditions for spreads, commissions, and performance fees.
For Investors: PAMM lets you enter the Forex world with ease. Spread risk by diversifying assets over different PAMM Accounts. You maintain access to funds and there are no fees if no statements are submitted.
For Managers: A PAMM Manager Account lets experienced traders manage several accounts from a single account at no extra cost while maintaining control over their investments. This grants protection to trading intellectual property from being copied and rewards with a performance-based pay plan.
Bonuses
CapitalXtend is running two rewarding programs:
30% Deposit Bonus: As a token of appreciation for choosing to trade with us, you can win up to $300 on your deposit. It provides the opportunity for extra trades and amplifying your profits.
Cashback Reward: This program aims to maximize your earnings by providing withdrawable cashback rebates. You can earn up to $3 per lot. As you level up, new trading powers get unlocked.
Customer Support
CapitalXtend customer support can be reached by telephone: +448000418471, email: support@capitalxtend.com or live chat.
Besides, you can also follow this broker on some social media platforms like Twitter, Instagram, YouTube, Facebook, Telegram and LinkedIn. Headquarters: K. Amanzholov street, building 174, Uralsk city, 090000, Kazakhstan. Registered Office: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.
FAQs
What platforms does CapitalXtend offer for trading？
CapitalXtend provides its clients with the industry-standard MetaTrader4 and MetaTrader5 trading platforms.
What are the leverage and spreads offered by CapitalXtend？
CapitalXtend offers flexible leverage up to 1:5000 and tight spreads starting from 0.0 pips.
How many financial instruments can be traded on CapitalXtend？
CapitalXtend offers over 350 tradable financial instruments.
What is the regulatory status of CapitalXtend？
CapitalXtend is regulated by the Financial Services Commission (FSC), operating under an offshore regulatory status with the License Number GB23201599.
What are the deposit and withdrawal methods at CapitalXtend？
CapitalXtend offers various deposit and withdrawal methods, including Bitcoin, Ethereum, USDT-OMNI, USDT-ERC20, Doge, Litecoin, BSC, USDT-TRC20, Paylivre, ThunderXPay, Wire Transfer, Visa, Mastercard, Bank Transfer, Local Transfer, and Online Banking.
Does CapitalXtend offer any bonuses or promotions？
Yes, CapitalXtend is running a 30% Deposit Bonus program and a Cashback Reward program.
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