Capixal doesn’t let you actually buy or sell the actual cryptocurrencies. Instead, it uses the popular contract for difference (CFD) model of trading. This means that you don’t have to go through the process of actually owning these cryptos, but instead trade on whether the value of the cryptocurrency rises or falls.
If you come to Capixal Bitcoin is probably the main crypto that you’ll want to buy or sell. But as well as BTC, Capixal lets you trade CFDs in many more leading cryptocurrencies. These include the hugely popular Ethereum, durable altcoins like Litecoin, as well as everyone’s favorite meme coin – DogeCoin.
Other cryptos featured here included the likes of Cardano, EOS, Chainlink, NEO, Tron, Monero, Stellar, Ripple, Tezos and Zcash. It’s an impressive selection, although you might find greater coverage at dedicated crypto trading sites. But for anyone who’s getting started on crypto trading, Capixal is definitely worth a look.
Most people will come to Capixal as they will have heard that the brand operates a commission-free way of trading. While this is great news, it doesn’t mean that there aren’t costs involved somewhere at this site.
We found that Capixal adds charges into the ‘spread’ of each trade you make. The amount charged varies according to a formula that multiplies the basic spread charge by the contract size and volume. On the whole, we found that these charges worked out to be better value for money than other online brokers that we’ve used.
Other fees to note include an overnight financing fee, a currency conversion fee, and an inactivity fee will be imposed if you haven’t opened or closed a trading position in 60 days. Thankfully there are no deposit or withdrawal fees at Capixal.
It’s important to remember that CFD trading is legal in some counties and not others. While you can legally trade CFDs anywhere from the UK to Canada, you’ll probably find that CFD trading in the USA isn’t quite so straightforward. There is little information in the Capixal terms and conditions about where the brand is allowed to operate.
The broker is primarily regulated by the Cyprus Securities Exchange Commission (CySEC), although it has licensing in other nations like Germany, Sweden, Ireland and so on. So be sure to check the Legal page of the Capixal site to see whether it’s licensed to operate in your country of residence.
Everyone knows that cryptocurrencies can suffer from a fair amount of volatility. So why not diversify your investment portfolio with some more stable assets? Capixal lets you trade CFDs on well over 350 different assets so that you’ll benefit from a nicely balanced portfolio.
Forex markets are hugely popular at Capixal, with no less than 45 CFDs on major currency pairings such as USD, EUR, GBP and so on. Plus you can enjoy trading on the rise and falls of the world’s biggest indices like the Dow Jones, S&P 500 and NASDAQ.
Capixal also features CFDs for stocks in some of the biggest movers and shakers in the big tech domain. From Google and Apple to Amazon and Tesla, you could benefit from the advances made by these game changers. Don’t forget that Capixal also features CFDs for anything from Pfizer to Brent oil. Plus with more commodities like precious metals and agricultural raws, you’ll have no shortage of investment options at Capixal.