Fx Capital is a forex and CFD broker that provides online trading services to retail clients. As with any broker, it’s important for investors to thoroughly research Fx Capital before opening an account. This article provides an in-depth Fx capital investment review covering regulation, fees, platforms, and potential risks and rewards of trading with this broker.
Fx Capital Regulation and Safety of Funds
Fx Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 331/17. This means the broker must comply with strict financial standards including holding client funds in segregated accounts for safety. Overall, CySEC regulation provides good protections for traders though not as stringent as higher tier regulators like the FCA in the UK.
Fx Capital Trading Platforms and Tools
Fx Capital offers the popular MetaTrader 4 and MetaTrader 5 platforms for web and mobile trading. These platforms allow traders to analyze markets, execute trades, and use automated trading strategies with the MQL programming language. Fx Capital also offers the FxPRO cTrader platform. Overall, Fx Capital provides a good selection of institutional-grade trading platforms.
Fx Capital Fees and Commissions
Fx Capital uses a spread-only pricing model with no commissions on forex trades. Average EUR/USD spreads are around 0.9 pips which is competitive. There are minimum spreads on other major currency pairs too. For stock CFDs, the broker charges commissions in addition to a small spread. There are no deposit, withdrawal, account, or inactivity fees. Fx Capital’s overall fees are in line with other reputable brokers.
Fx Capital Asset Offerings and Research
Fx Capital provides access to 55 currency pairs and over 150 other tradable CFD assets including indices, commodities, shares, bonds, cryptocurrencies, and ETFs. Traders can access an economic calendar, market news, and some basic daily analysis reports. However, research and education resources are limited compared to other large brokers. Overall asset variety is good but more in-depth research would be beneficial.
In summary, Fx Capital is a decent choice for active forex and CFD traders seeking platforms like MT4 combined with competitive spreads. However, traders should be aware that Cyprus regulation provides less protection compared to higher tier jurisdictions. Research resources are also limited. As with any broker, investors should carefully weigh the potential risks and rewards of trading with Fx Capital for their needs.