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Capitalix

Seychelles|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.cptalix.com

Website

Rating Index

Contact

+971 42491118
support@capitalix.com
https://www.cptalix.com
CT House, Office 4B, Providence, Mahe, Seychelles

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

English

+971 42491118

English

+54 11 5236 2375

English

+56 227120378

English

+502 24581123

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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Warning: Low score, please stay away!
Previous Detection : 2024-03-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
Expose
Severe Slippage

I lost all my investments in a week

In May, I first started investing in Capitalix because I had just planned to invest a small amount of money. Three days later, they convinced me and insisted on investing more. In the following months, they showed me charts, attended online seminars, and encouraged me to read articles on stock issues, with the aim of showing me that they are experts in good management and predicting positive market trends. Through this approach, my manager convinced me to invest $5200 and promised that my account would become a gold account, which would minimize the tax generated by such international transactions. In addition, the account would bear any market losses because according to them, every dollar invested in the account would automatically become $50. Everything went smoothly until I finally got the money from my $5000 gold account. Immediately, in the next two weeks, my manager told me as usual what to invest in, but this time, my position was negative from the beginning and has not rebounded for several days. The manager first told me that this was normal, but since it was a gold account worth $1 to $50, he would stick with it. Then he started telling me that he didn't have a crystal ball to guess the future, and investing always involved risks. During this period, I asked him to withdraw money, and he said some ambiguous things to me, such as yes, but we had to wait. The withdrawal had already taken place, but it just didn't reach my account. Time passed like this, until suddenly, there were already many negatives and the account was clearly lost. At that time, they told me that they would reach an agreement with me that if I returned the investment bonus they gave me, they would return the total amount of my investment to me, so I sent them $1985 again, but my investment was never recovered. In this regard, they told me that they would return it to me, but I also had to repay their account management fee of $700. Due to my failure to do so, my manager interrupted communication with me. I turn to you for help and hope to take action on this. Thank you very much

Alondra Belmont
2023-10-05 10:47

Capitalix · Company Summary

General Information & Regulation

General Information & Regulation

Capitalix, a trading name of 4Square SY Ltd, is allegedly a forex broker registered in Seychelles with a registration number 8426168-1 that claims to provide its clients with over 150 tradable assets with leverage up to 1:200 and variable spreads from 0.3 pips on the web-based trading platform, as well as a choice of five different live account types and 24/5 expert human support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, Capitalix says it is a holder of an FSA license with the number SD052. However, it has been verified that the broker does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.18/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

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

Market Instruments

Account Types

Apart from virtual accounts with $100,000, Capitalix claims to offer five types of live trading accounts, namely Basic, Silver, Gold, Platinum and VIP. However, the broker says nothing about the minimum initial deposit requirement.

Account Types

Leverage

A leverage ratio of up to 1:200 is offered by Capitalix, which is much higher than that provided by most brokers. 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 & Commissions

Capitalix claims that different account types and trading assets have quite different spreads. Just take the spread on forex majors as an example, clients on the Basic account can experience spreads from 3 pips, while the other four account types have spread from 2.4 pips, 1.8 pips, 1.2 pips and 0.3 pips separately. All charging no commissions.

Trading Platform Available

Platforms available for trading at Capitalix are seemed to be web-based, as well as available for desktop, iOS and Android devices. 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.

Trading Platform Available

Deposit & Withdrawal

Capitalix says to accept deposits and withdrawals via Visa, Mastercard, Maestro, Swift and SEPA. The minimum initial deposit requirement is said to be €250, and the minimum withdrawal amount via wire transfer is $250. All deposits and withdrawals are said to be free and can be handled within 72 hours (3 business days). The refund may take 4-8 business days.

Deposit
Withdrawal

Bonuses

Capitalix claims to offer a bonus for different account types. In particular, a bonus of up to 20% for the Basic account, while the other four account types have a bonus of up to 40%, 60%, 80% and 100% respectively, yet we cannot be sure if the bonus can be withdrawn without any limitation.

In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.

Customer Support

Capitalixs customer support can be reached by telephone: +971 4574 1810 (AE), +54 11 5236 2375 (AR), +357 242 67263 (CY), email: support@capitalix.com, live chat or send messages online to get in touch. Company address: CT House, Office 4B, Providence, Mahe, Seychelles.

Risk Warning

Online trading involves a significant level of 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.

User Reviews

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6

Comments

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Pilar3216
0-3months
I do not recommend anyone to invest...THIEFS I do not recommend anyone to invest with them. They are shameless. The supposed advisor kept me happy for a month by showing me profits while he advised me and I closed the trades when they were in the green. He told me that I wasn't worried that it was in the red, that as long as I didn't close the transaction, there was no problem. Therefore he was not at risk. Then he told me about a Capitalix promotion to invest in fixed income, so that I knew about it. That my capital was not at risk, because they assured me of a profit. Knowing the fixed funds that I had previously invested, I trusted. But I had to invest a minimum of $12,000. I transferred everything I had. Once it was in the account, he advised me to open certain purchase and sale operations of the same fund. I'm surprised because it was supposed to be for fixed income, but I trusted him. That same day, after about 3 hours, I open my account and find that all my operations had been closed, that I had lost all my money and owed approximately $6,000. They called me the next day saying that it was the advisor's fault, that the same thing had happened to 7 clients. To solve it I had to pay taxes of 9,000 dollars and now deposit the 6,000 dollars!!! Being their responsibility!!! Within all this he had asked to recover $600 from the platform. They never arrived and they tell me that they miss them a lot, that they would find out
2024-03-01 04:44
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0
0
Immanuel
6-12months
This is a bad platform. Please don't invest here.
2023-08-11 23:49
Reply
0
0
asdf6438
6-12months
For all that don't know - this is a pure scam company. All trades are simulated. They will let you think that you are winning. After a while, you will be tempted and asked to put more money in, because your margin is low and you might lose everything if you don't put in more money. And on it goes. Eventually, if you want to jump off the wagon, they will close down your account and disappear. You won't see a penny of your money. Stay safe!
2023-03-24 04:19
Reply
0
1
小雨48700
more than one year
Their trading conditions seem good, however, if you pursue tight spreads, offered by vip account, a big amount of money is required. I dare not risk my money with this broker, for I found that this broker is not regulated by any authority… definitely risky.
2022-12-02 18:52
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0
0
A金波
more than one year
They told me that their platform also offered a mock account, so I could try one out first. Then I put my guard down and tested the trading terms in their simulated account. It was pretty good, so I opened my first real account in my life and deposited 250 euros. As a result, I found that the trading conditions were not as good as those in the simulated account. The spread was extremely high, and the leverage of 1:200 made me lose almost everything.
2022-12-02 17:48
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0
0
A金波
more than one year
They called me and tricked me into investing, saying I could spend very little money and make a lot of money. I don't believe them because I've never believed in pie in the sky. But they keep trying to convince me that it's the same as if I put my money in the bank and get interested, but I can put my money with them and get higher interest. I was almost convinced by them. But at that time, I was just a rookie who only dared to simulate trading, and I had not made a real trade. They told me that
2022-12-02 17:48
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0
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