CAPEX review for 2023: pros and cons, investment programs, best alternatives
Founded in 2016, CAPEX.com was conceived with the primary aim of revolutionizing online trading practices. By deploying the latest technology, CAPEX.com has provided traders with innovative methods for investing in global financial markets.
Traders Union’s 2023 review emphasizes the distinct approach of CAPEX, characterized by its customer-centric educational model, which enhances the trading environment for users. CAPEX enables traders to access a vast range of over 2100 financial instruments in various asset classes, allowing them to participate in financial markets worldwide actively.
CAPEX: pros and cons
Traders Union comprehensively examines the advantages and potential drawbacks of utilizing CAPEX for online trading.
- Broad asset variety: CAPEX exposes a wide range of trading assets, including currencies, commodities, stock market assets like ETFs, indices, bonds, and even cryptocurrencies, along with thematic investment portfolios.
- Extensive learning resources: The ‘CAPEX Academy offers many educational materials, including market reviews, podcasts, articles, and more, supporting traders’ knowledge development.
- Reputable regulation: CAPEX operates under a license issued by the CySEC (Cyprus), a well-regarded regulatory body that adheres to European laws.
- Elevated initial deposit: A minimum of USD 100 is required to open a Standard account, with other account types demanding an initial deposit of USD 1,000 or more.
- Marketing-focused trading conditions: The provided trading conditions appear more marketing-oriented, needing more specific, actionable information for traders.
Analysis of the main features of the Forex broker
TU has assigned the following ratings to CAPEX:
- Overall score: CAPEX has an overall score of 7.35.
- Order execution: The platform scored 7.14 out of 10 for the execution of orders.
- Investment instruments: CAPEX received a rating of 7.56 out of 10 for its range of investment instruments.
- Withdrawal speed: The speed of withdrawals was rated at 7.2 out of 10.
- Customer support: The effectiveness of customer support was scored 7.5 out of 10.
- Variety of instruments: The variety of trading instruments on offer was rated highly, scoring 6.98 out of 10.
- Trading platform: The platform received a commendable score of 7.72 out of 10.
- Call to action: Traders are encouraged to begin their trading journey with CAPEX.
Investment programs of CAPEX
According to TU experts, CAPEX provides an enticing investment option in the form of pre-assembled industry portfolios. These collections, meticulously curated by the broker’s analysts, consist of various stocks grouped by industries such as social networks, instant messengers, automobile companies, retail companies, and more. They also include stores from some of the largest companies in terms of capitalization and blue-chip firms.
In addition, CAPEX has announced on its website that they plan to introduce an auto-investing platform. This new feature promises direct access to pre-configured quantitative strategies and provides an interface for users to construct their personalized trading strategies.
Best alternatives to CAPEX
Traders Union has undertaken a thorough investigation, pinpointing several potential alternatives to CAPEX:
RoboForex is a respected broker offering assets like forex, stocks, indices, and cryptocurrencies. Low initial deposits and copy trading for beginners make it a compelling choice.
Pocket Option, a regulated broker supervised by the FMRRC, is attractive for its low entry threshold of a $5 minimum deposit. It emphasizes social trading, enabling traders to replicate successful strategies and enhancing their security and reliability.
TNFX, founded in 2019, is a globally-regulated broker offering leveraged trading of various assets, including currencies, stock indices, stocks, and commodities as CFDs. Traders Union review notes its recognition as the Best ECN Broker in the Middle East at the Forex Expo Dubai 2022, bolstered by liquidity from central banks and professional traders.
Traders Union’s 2023 review highlights CAPEX’s revolutionary approach to online trading, offering extensive educational resources and a wide asset variety. Despite certain drawbacks, such as high initial deposits, CAPEX earns respectable ratings across multiple areas. RoboForex, Pocket Option, and TNFX are noted as viable alternatives, each providing unique trading opportunities. Visit the Traders Union website for more information.