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Score

4.73 /10
Average

Capitalix

Seychelles

2-5 years

Regulated in Seychelles

Retail Forex License

Medium potential risk

Offshore Regulatory

A

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

License Index 3.92
Business Index 6.13
Risk Management Index 8.22
Software Index 4.00
Regulatory Index 3.89
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+91 8327121011

English

+357 24267263

English

+971 42491118

English

+54 11 5236 2375

Broker Information

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Company Name

4Square SY Ltd

Company Abbreviation

Capitalix

Platform registered country and region

Seychelles

Company website

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 2
Previous Detection : 2023-06-07
  • The SeychellesFSA regulation with license number: SD052 is an offshore regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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Unable to withdraw

Warning ⚠️ ⚠️ ⚠️

Capitalix is not professional trading platform, I have been with them from 2022/05, and never get any profit 📈 They convince me to invest 200USD only in the beginning and they show me that how to trade and says its very simple!!!! And they explain that we will support you and i will have account manger he will help you but its the traps! they are very smarts thief's!!! And they keep asking me to make deposit and they promised that you will make very good profit in very short time!!!!! After i make money deposit with 5,000 USD here is the game start for them, they let me open a deal and they know very well this deal will be going in the opposite direction and then they keep calling me to make more money deposit for support of my deal and in the end the deal will be closed in lost!!! Here is the 2nd part of the game they will keep calling me and says we sorry for your lost but we will compensate you don't worry, but you have to make deposit with 5,000 USD and we will give you 5,000 USD as bonus, And i have do that to be honest!!! Because i couldn't accept my loss:( And then i feel am stuck with them i can't leave and let my lose just go away just like this, And the game its reapply again and again until i have lost all my money its about 25,000 USD. Please don't trust this company at all!!!! They have fully control of my account they can do anything they want with my account i recently discovered that, And when i was trying to withdraw money from my account they not let me They convince me to open more deals. Please don't trust this company!!!!!!

FX2061425837
2023-03-13 15:33
Capitalix · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Information
Registered Country/Region Seychelles
Regulation unregulated
Market Instrument forex, cryptocurrencies, stocks, indices, commodities and metals
Account Type Basic, Silver, Gold, Platinum and VIP
Demo Account Yes ($100,000 virtual fund)
Maximum Leverage 1:200
Spread Vary on the account type
Commission no
Trading Platform web
Minimum Deposit N/A
Deposit & Withdrawal Method credit cards (Visa/MasterCard/Maestro), Swift, and SEPA

Capitalix, a trading name of 4Square SY Ltd, is allegedly a forex broker registered in Seychelles with a registration number 8426168-1 and licensed by the FSA (offshore) with a license number SD052. The broker claims to provide its clients with over 150 tradable assets with flexible leverage up to 1:200 and low spreads from 0.5 pips with no commissions on its own-designed trading platform, as well as a choice of five different live account types and 24/5 multilingual support.

Here is the home page of this brokers official site:

home page
General Information & Regulation

Note: The screenshot date is February 3, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Capitalix advertises that it offers more than 150 trading assets in financial markets, including forex, cryptocurrencies, stocks, indices, commodities and metals.

Market Instruments

Account Types

Apart from the virtual account with a $100,000 virtual fund, there are five live trading accounts offered by Capitalix, namely Basic, Silver, Gold, Platinum and VIP. However, the broker didnt reveal any information about the minimum initial deposit requirement to open an account.

Account Types

Leverage

Capitalix provides its clients with flexible Leverage ranging from 1:5 - 1:200. In particular, the maximum leverage is 1:200 on forex and metals, 1:100 on indices and commodities, 1:20 on shares and 1:5 on cryptocurrencies.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

On the home page of Capitalixs official site, the broker advertises to offer low spreads from 0.5 pips with no commissions. Also, different account types can enjoy quite different spreads. For example, the spread on forex majors is 3 pips for the Basic account, 2.4 pips for the Silver account, 1.8 pips for the Gold account, 1.2 pips for the Platinum account and 0.3 pips for the VIP account.

Trading Platform

Platforms available for trading at Capitalix are web-based. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

Capitalix accepts deposits and withdrawals via credit cards (Visa/MasterCard/Maestro), Swift, and SEPA. The minimum withdrawal amount via wire transfer is $250, while there is no information about the minimum initial deposit requirement. There is no deposit or withdrawal fee charged. All deposits and withdrawals are said to be handled in 3 business days. While the refund may take 4-8 business days.

Deposit & Withdrawal

Bonuses

Capitalix claims to offer some bonuses, which vary depending on account types. In particular, the bonus is up to 20% on the Basic account, 40% on the Silver account, 60% on the Gold account, 80% on the Platinum account and 100% on the VIP account.

Customer Support

Capitalixs customer support can be reached by telephone: +971 4574 1810 (AE), +54 11 5236 2375 (AR), email: support@capitalix.com, live chat, Telegram or send messages online to get in touch. Company address: CT House, Office 4B, Providence, Mahe, Seychelles.

Pros & Cons

Pros Cons
• Multiple trading assets and account types • FSA license is offshore regulated
• Demo accounts available • Regional restrictions

Frequently Asked Questions (FAQs)

Q 1: Is Capitalix regulated?
A 1: No. Capitalix is offshore regulated by the Seychelles Financial Services Authority (FSA).
Q 2: At Capitalix, are there any regional restrictions for traders?
A 2: Yes. Capitalix does not offer CFDs to residents of certain jurisdictions including the USA, Iran, Canada, Iran, Iraq, and North Korea.
Q 3: Does Capitalix offer demo accounts?
A 3: Yes.
Q 4: Does Capitalix offer the industry-standard MT4 & MT5?
A 4: No. Instead, it offers a web-based trading platform.
Q 5: Is Capitalix a good broker for beginners?
A 5: No. Capitalix is not a good choice for beginners. Though it advertises very well, it lacks legitimate regulations.

User Reviews

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FX1156449252
0-3months
LOST 1.4 MILION DOLLAR WITH THIS COMPANY !!!! it was really the worst decision in my life, when started my investment with this company..and the 2nd worst decision in my life was to give this company a 2nd chance !!!!!??? i am totally broken now, and i have loan equal to 700,000 dollars !!!... they have destroyed my life .. simply.. AFTER more than 19000 TRADES (positions) in CFD in less than 1.5 years, the company gained millions of dollar of benefits out of that, and i gained absolutely non..
2023-05-21 23:47
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0
0
PUSKAS
0-3months
THEY ARE SCAMMERS, THEY INDUCE YOU TO INVEST IN SHARES THAT YOU LOSE AFTER
2023-04-03 08:25
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0
0
花香
more than one year
Capitalix is unquestionably the place to be if you want to improve your trading and investing skills. I came into the forex space with very little experience and the tutors have, with their knowledge and tutelage, set me on a good path in forex trading.
2023-02-24 14:18
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0
0
凯蒙来了
more than one year
I love this broker! In truth, I just tried many different brokers but failed according to wide spreads, bad customer care and many unpredictable conditions on trading like trading news. But now I'm glad I met a good broker with good lower spreads and no commission, a broker with good customer care and an easy process on enrollment. Thanks, Capitalix!
2023-02-14 15:28
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0
0
贾森
more than one year
i am really confused...i thought capitalix was a trustworthy broker but i see two complaints on wikifx...so which forex broker should i invest in? Can someone solve the problem for me?
2023-02-13 18:05
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0
0
FX1184029856
more than one year
I have been trading with this company for three months and so far I am very satisfied. The deposit and withdrawal speed is also very good, so I recommend it to you, hoping to help you.
2022-12-15 16:24
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0
0
more than one year
So far, I think that the service provided by this company is satisfactory for me, and I can trade with the financial products that I like! Your transaction costs are within reasonable limits. But I saw wrong information on the wikifx website, I got a bit scared and I'm thinking of withdrawing all my money.
2022-12-02 09:41
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0
0
alex552
6-12months
I'm a customer of the platform in Poland and representatives in other countries for almost two years, and my experience is clearly positive. All the issues on the way were successfully solved in hours and for now I feel convenience in my partnership with the Capitalix team. I am satisfied and dependently recommend!
2022-11-21 15:32
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0
0
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