Who is Capex?
Capex is an online Forex and CFD brokerage firm in Europe.
The broker’s service regulated and licensed by CySEC in Cyprus, and also registered with FCA in UK, BAFIN in Germany and KNF in Poland.
In a simple 3-step process with no deposit or withdrawal costs, you can invest in Cryptocurrencies along with Bonds, Commodities, Forex, Indices, Shares and ETFs.
By opening an account with Capex, you can invest in all of the markets which includes over 2,000 financial instruments.
Visit the official website of Capex below and find out more about the company.
Cryptocurrency Trading with Capex
Taking the market by storm, cryptocurrencies encompass both opportunities and risks for traders due to their high volatility.
With Capex, you can invest in Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin and Ripple.
Cryptocurrency assets are available for trading from Sunday to Friday (from 22:05 to 20:55 server time).
The spread is variable from 0.01 USD, and it varies depending on the symbol and platform.
| Trading Platforms | Web-trader | MT5 (MetaTrader5) |
|---|---|---|
| BITCOIN CASH | 5 (USD) | 10 (USD) |
| Bitcoin Futures | 50 (USD) | N/A |
| DASH (USD) | 5 (USD) | 5 (USD) |
| ETHEREUM (USD) | 5 (USD) | 5 (USD) |
| LITECOIN (USD) | 1 (USD) | 1.5 (USD) |
| RIPPLE | 0.01 (USD) | 0.01 (USD) |
Open Capex Real or Demo Account
You can access to both web-trader and MT5 platforms by opening one trading account with Capex.
The available maximum leverage for Cryptocurrency assets is 1:2.
Capex supports NBP (Negative Balance Protection) thus the maximum loss never exceed the total account balance.
You can trade CFDs on cryptocurrencies 24 hours a day, 5 days a week from Sunday at 21:00 GMT (when Asian markets open) until Friday at 21:00 GMT (when U.S. markets close).
Requirement for Account Verification with Capex
As per the regulatory and legal obligations, as laid out by the regulatory bodies, CAPEX is required to verify the identity and residential address for each client.
As a result, copies of a photo ID and residence information may be required.
It may also include, for example, the verification of your name, residential address, phone number, email address, date of birth, and payment method, etc.
It is important to note that when you open an account with CAPEX, you agree to comply with all applicable regulations and laws against money laundering and terrorism financing, including, but not limited to, the requirement to provide satisfactory evidence of your identity, residential address, source of funds, etc.
Based on this, CAPEX will not establish a business relationship with any individual unless and until the client’s identity and residential address have been successfully verified and/or all necessary documents have been received and verified.
As part of Capex’s standard due diligence process, the verification process has been implemented to protect both you and CAPEX from fraud as well as to safeguard your privacy.
What documents are required to get started?
The identity verification requirements at CAPEX may include the following, but are not limited to:
1. Proof of Identity
This needs to be a full, colour and clear copy of Passport or National ID.
The proof of identity copy must clearly reflect the your full name, date of birth, expiration date of the identification document, full security strip (if applicable) and your photo.
2. Proof of Residence
This needs to be a full, colour and clear copy of Bank or credit card statement, Utility Bill such as water, electricity, gas or landline phone bill.
The proof of residence copy must clearly reflect your full name, your address of residence, date of issue of the document.
The Proof or Residence must not be older than 6 months.
3. Proof of Payment
This needs to be a full, colour and clear copy of the front and back of the credit card used for payment.
On the front side of the card, it needs to reflect clearly full name, first and last 4 digits of the card to be clearly visible and the rest to be covered-up and the expiration date.
On the back side of the card, it needs to reflect clearly the first and last 4 digits of the card.
The security code or CVV number must be covered (the 3 digits on the back of the card).
The above required verification documentation needs to be submitted directly to CAPEX.
The documentation can be uploaded directly on the CAPEX website from the client’s account.
Any problems of Fund Deposit and Withdrawal with Capex?
If you have successfully deposited funds using a Bank Card and this amount does not reflect in your investing account, please make sure to check your Verification status.
That is, all required verification documentation must be approved by CAPEX, and they must receive clear copies of the front and back of the Bank Card used for depositing.
Please note that you may not start trading until the verification and compliance procedures are fully met.
If you make a Wire Transfer in one of Capex’s client bank accounts, please keep in mind that it may take between 5 to 7 business days for them to receive the amount and they will credit it into your trading account if or when your verification status is approved.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...