Capitalxtend is a forex and CFD broker registered on June 2, 2020, in Saint Vincent and the Grenadines, mainly providing investors with trading services in financial derivatives such as forex, metals, energy, stocks, and index CFDs. The broker does not offer services in jurisdictions where it might violate local laws or regulations, including but not limited to the United States, Japan, Canada, Haiti, Suriname, North Korea, Puerto Rico, and others.
Registration Information and Regulatory Status:
Capitalxtend is authorized and operated by three corporate entities registered in Saint Vincent and the Grenadines, Mauritius, and the Republic of Kazakhstan. According to the Whois query, the broker's official website domain was registered on May 26, 2020.
The entity registered in Mauritius is Capitalxtend (Mauritius) LLC, registered on June 15, 2023, with the registration number C198013. This entity is authorized and regulated by the Financial Services Commission (FSC) of Mauritius, with the license number GB23201599.
The entity registered in Saint Vincent and the Grenadines is Capitalxtend LLC, with the registration number 395. Since the Financial Services Authority (SVGFSA) of Saint Vincent and the Grenadines does not regulate financial derivative trading, this entity is not under effective regulation.
The entity registered in the Republic of Kazakhstan is CAPITALXTEND GROUP LIMITED, registered on December 25, 2020, with the registration number 201240028219. This entity is registered with the Ministry of Economy of the Republic of Kazakhstan as a financial service provider, entitled to offer payment processing/e-wallet, forex services, and cryptocurrency services to clients within and outside Kazakhstan. However, the Republic of Kazakhstan also does not provide regulation for financial derivative trading, hence this entity does not have effective regulation either.
Capitalxtend is also a member of the Financial Commission (The Financial Commission), an organization that is a self-regulatory body and not an official regulatory authority, hence it does not provide effective regulation.
Account Opening:
To open an account with Capitalxtend: Visit the broker's official website, click on "REGISTER" at the top right corner of the page, enter your name, phone number, email address, and set a login password to submit. After submission, the broker will send a verification email to the provided email address. Once the verification code is entered, the account is successfully registered and automatically redirects to login.
Account Types:
Capitalxtend offers four different types of real trading accounts: Standard Account, ECN Account, Pro-Ecn Account, and Platinum Account.
Standard:
- Maximum Leverage: 1:5000
- Trading Platform: MT4
- Account Currency: USD
- Minimum Initial Deposit: $12
- Trading Commission: $0
- Order Execution Type: Market Execution
- Spreads: Starting from 2.0 pips
- Margin Call Level: 80%
- Stop-Out Level: 10%
- Overnight Interest: None
- Limit and Stop Levels: 1 pip
- Price Change Unit: Forex up to 5 decimal places (3 for JPY pairs), Spot Metals: XAUUSD up to 2 decimal places, XAGUSD up to 3 decimal places
- Trading Instruments: Forex, Spot Metals, Spot Commodities, Index CFDs, US Stocks, EU Stocks, and Cryptocurrencies
- Minimum Trade Volume: 0.01
- Trade Increment: 0.01
- Maximum Trade Volume: Unlimited
- Maximum Open Positions: Unlimited
- Maximum Pending Orders: Unlimited
ECN:
- Maximum Leverage: 1:5000
- Trading Platform: MT4/MT5
- Account Currency: USD
- Minimum Initial Deposit: $50
- Trading Commission: $0
- Order Execution Type: Market Execution
- Spreads: Starting from 1.2 pips
- Margin Call Level: 80%
- Stop-Out Level: 10%
- Overnight Interest: None
- Limit and Stop Levels: 1 pip
- Price Change Unit: Forex up to 5 decimal places (3 for JPY pairs), Spot Metals: XAUUSD up to 2 decimal places, XAGUSD up to 3 decimal places
- Trading Instruments: Forex, Spot Metals, Spot Commodities, Index CFDs, and Cryptocurrencies
- Minimum Trade Volume: 0.01
- Trade Increment: 0.01
- Maximum Trade Volume: Unlimited
- Maximum Open Positions: Unlimited
- Maximum Pending Orders: Unlimited
Pro-Ecn:
- Maximum Leverage: 1:5000
- Trading Platform: MT4/MT5
- Account Currency: USD
- Minimum Initial Deposit: $100
- Trading Commission: A fixed $3 per side
- Order Execution Type: Market Execution
- Spreads: Starting from 0 pips
- Margin Call Level: 80%
- Stop-Out Level: 10%
- Overnight Interest: None
- Limit and Stop Levels: 1 pip
- Price Change Unit: Forex up to 5 decimal places (3 for JPY pairs), Spot Metals: XAUUSD up to 2 decimal places, XAGUSD up to 3 decimal places
- Trading Instruments: Forex, Spot Metals, Spot Commodities, Index CFDs, and Cryptocurrencies (MT5)
- Minimum Trade Volume: 0.01
- Trade Increment: 0.01
- Maximum Trade Volume: Unlimited
- Maximum Open Positions: Unlimited
- Maximum Pending Orders: Unlimited
Platinum:
- Maximum Leverage: 1:500
- Trading Platform: MT4
- Account Currency: USD
- Minimum Initial Deposit: $25,000
- Trading Commission: $0
- Order Execution Type: Market Execution
- Spreads: Starting from 2.0 pips
- Margin Call Level: 100%
- Stop-Out Level: 50%
- Overnight Interest: None
- Limit and Stop Levels: 1 pip
- Price Change Unit: Forex up to 5 decimal places (3 for JPY pairs), Spot Metals: XAUUSD up to 2 decimal places, XAGUSD up to 3 decimal places
- Trading Instruments: Forex, Spot Metals, Spot Commodities, Index CFDs
- Minimum Trade Volume: 0.01
- Trade Increment: 0.01
- Maximum Trade Volume: Unlimited
- Maximum Open Positions: Unlimited
- Maximum Pending Orders: Unlimited
Trading Platforms:
The Capitalxtend official website claims to provide the MT4 and MT5 trading platforms, but the MT4 platform does not list the broker, and the MT5 platform is provided by Capitalxtend (Mauritius) LLC.
Deposits and Withdrawals:
Capitalxtend supports deposits and withdrawals through methods such as cryptocurrencies, Paylivre, Thunder XPay, bank wire transfer, Visa, Mastercard, bank transfer, local bank, and internet banking.
Conclusion:
Capitalxtend is a CFD broker that is regulated offshore by the Financial Services Commission (FSC) of Mauritius.
Currently, this broker is marked as "expanding" on Traderknows.
