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Is Capitalix Scam or Legit Broker?

No, it is not safe to sign in with Capitalix. The reason is that the broker has only offshore registration under Seychelles (registration number 8426168-1). It is a well-known fact that offshore brokers do not provide sufficient trading conditions and do not follow specific rules and requirements. 

  • Besides, based on the information provided on the Capitalix website, the broker has a Cyprus registration (HE404118). However, the regulatory body in Cyprus is CySEC which oversees financial activities in the country, and clearly, Capitalix does not have a license issued by this particular authority therefore is not eligable to offer Forex Trading.

About Capitalix
🗺️ Registered inSeychelles
🗺️ Type of LicenseOffshore
🛡️ Is Capitalix safe to trade?No
🗺️ Recommended LicensesFCA in the UK 🇬🇧 and ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Capitalix?

According to the broker’s website, Capitalix provides an extensive selection of about 150 forex currency pairs, commodities, stocks, indices, gold, silver, oil, bitcoin, and various other cryptocurrencies. The broker also claims to be awarded by the Global Brands Magazine as the fastest-growing forex broker in GCC.

  • However, research showed that Capitalix does not hold any license from top-tier agencies. In fact, it has a Seychelles registration which is known offshore zone (registration number 8426168-1 holder of an FSA license with number SD052 and registered address at CT House, Office 9A, Providence, Mahe, Seychelles). Read Why Avoid Offshore Brokers here. 
  • Also, the broker claims to be registered in Cyprus (4Square (CY) Ltd, registered in Cyprus with registration number HE404118 and registered address Makariou ΙΙΙ, 256, CHARAKI COURT, Flat D4, 3105, Limassol, Cyprus). Yet, all financial firms located in Cyprus should hold a license from CySEC which is not the case with Capitalix. This means, that trading with the broker might lead to financial risks.
  • Besides, our further research showed that most customers are dissatisfied with Capitalix and sharing Capitalix Fraud experience. The feedback of traders in Forex trading is crucial, and it is one of the first things to look for when choosing a broker. One of the most common complaints about Capitalix among the traders is the insufficient withdrawal process, and constant calls from the company, asking clients to deposit more money. In trading, this is a common practice among scam brokers.
  • We strongly advise all traders to sign in with regulated brokers only. In Forex trading safety of funds is the key point, and finding a reliable broker with good standing and top-tier licenses is crucial. Here is our recommended list of registered brokers. 

Overall Capitalix Ranking

Our research revealed problems regarding Capitalix safety and regulations, so we do not rank positively Capitalix, based on our Expert Opinion with over 10 Years of experience in Trading.

  • Capitalix Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.

RankingCapitalixTrading 212XM
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
Is Broker safe? NoYesYes
AdvantagesNoneTrading ConditionsTrading Environment

Capitalix Alternative Brokers

Taking into account our findings and issues with the reliability of Capitalix here are much better Alternatives to Capitalix with good regulations and excellent conditions. We select Good Brokers and reliable options for your comparison below: 

  • Trading 212 – Good Instruments and CopyTrading
  • FXGT – Low Spreads and Competitive Trading Conditions
  • XM – Wide Range of Trading Opportunities

Deposits and Withdrawals

Capitalix offers different funding methods for deposits and withdrawals, including credit cards, and bank wires. The broker also mentions that it is determined to expand its funding methods.

  • We found that the minimum withdrawal amount via wire transfer is $50.
  • According to the website, the Company processes all withdrawals within a span of 3 business days. The exact date of the refund relies on the specific conditions of clients' banks.
  • However, it is concerning, that the most part of the negative reviews from customers is for the insufficient withdrawal process. Thus, we advise traders to be very careful and sign in with brokers with years of experience and positive feedback from traders.

Account Types

Capitalix offers a range of account types: Basis, Silver, Gold, Platinum, and VIP which provide different conditions and trading opportunities once you follow with Capitalix Login and choose desired account type. Spreads for Basic accounts start from 3 pips, and are higher than the market average. For VIP accounts spreads are considerably low (starting from 0.3 PIPS).

Yet, the Capitalix App does not offer a Demo account, which is a drawback especially for new traders, as Demo accounts enable traders to practice before starting real trades. 

Capitalix Review Conclusion

Based on our experience and Capitalix Review, we strongly advise against trading with this broker. It is highly recommended to avoid engaging with offshore and unregulated entities, as many traders ask if Capitalix Real or Fake. Since Capitalix is only offshore based Broker it is rather fake Capitalix trading offering since you do not know how exactly broker operates as no serious regulator oversee its operations. Besides, Broker offerings are not particularly appealing, considering there are numerous reputable brokers that provide better trading conditions while ensuring safety and security.

We recommend individuals and firms to exclusively trade and invest with brokers that are regulated by trustworthy authorities like the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or similar reputable regulatory bodies. These authorities offer compensation and enforce stringent supervision, ensuring a higher level of safety and protection. We would better advise to consider reliable brokers such as FP Markets, Go Markets, and HFM which not only provide excellent trading conditions but also maintain a solid track record in the industry.

  • Overall ranking and experience for Capitalix is Negative
GAUTAM TANDASI From India | | Monday, August 21, 2023

Please do not fall prey into their sweetly spoken Customer Executives. I lost US$1,700 just because of greed that it will multiply and I can get attractive returns. Anyhow I managed to get their Head Office address and Phone No. (mentioned at their website) physically verified at Seychelles and found that there is nothing related to Capitalix at that address. Even if you invest, initially everything will look very smooth and fine. After few days, your all investment will start going negative and will never recover. Now you have lost all your money. Don't believe on good reviews about them at different websites. I am mentioning what I have faced. Now it's upto you. Regards Gautam Tandasi 

No news available.

10 responses to “Capitalix”

  1. Nothing but a waste of time and resources as they will only make you lose your money, they are a sham and a huge disappointment to the society, they will never let you take out your funds, If you are in this mess write to Philip recovery 247 at writeme dtcom

  2. Please don’t believe in them in any case. They are totally fooling us. I had my experience similar to what is stated above by different people. They asked me to deposit $200 and then $200 and more and more. I almost invested $1000 so far and they shown numbers of $8000 and suddenly they misguided and not responded to call and then finally it went into -$2500, thats when they suspended my account and asking for more money to deposit and get back my money. Most of them are Indians, working from India, they introduce themselves saying they speak your mother tongue or they stay in known Indian cities and finally when you ask when there is any issue, they say they are from Cyprus. One guy accidentally said they have office in Pune and they are working from there but I am not sure how far this is true. BUT just for their commissions these idiots are looting money from our country.

  3. Don’t get into this scam it is all fraud.. I lost my hard earning money into this and now have no chances of getting it back. Initially the customer service said to invest $200 to start trading and then just after few days the manager says $200 is not enough for trading and need to invest more. For a middle class person like me $200 is a big amt but this Frauds peoples will not understand the value of it. and when I said I don’t want to continue any more suddenly the Trading which were done started showing into negative and all my investment went into loss due to which I wont be able to remove by deposit amt any more.

  4. these capitalix basturds using Mr. Narayanamurty whose former CEO of infosis. I hv e fallowed the investment method. They have opened a acount . and I have invested about $2700. Now they are saying invest more then $2500 others wise your investment is going to loos. These basurds are seedeking the clients for forcing investment later it will go to in loos.

  5. Capitalix are the scammers.. They will always push you for deposits. If you dont cooperate to deposit they will force you to give reverse recommendation so forcefully you will make a choice to deposit. This will be ongoing process till you wipe out your lifetime earnings. Finally when all of your deposits wipedout the manger of the guy who talks to you comes into picture and gives one more try with you for deposits. Once you are done they are also done. Once you wipe off they will never call you, if you reach you they will pin on you as you didnt doposit intime so the mangins gone squreoff will be the final story. Guys its as simple as it.. avoid capitalix. its a scammer. no matter in time they wipeoff you will come to zero. dont fall with truusting they when they show you initial profits and allow withdrawl.when if days keep passing they will not give much time to think of about profits and withdrawls. Names to remember are Rinku, Danial, Sunny, manisha.. they are all a team of a**Hole* .

  6. Please do not fall prey into their sweetly spoken Customer Executives. I lost US$1,700 just because of greed that it will multiply and I can get attractive returns. Anyhow I managed to get their Head Office address and Phone No. (mentioned at their website) physically verified at Seychelles and found that there is nothing related to Capitalix at that address.
    Even if you invest, initially everything will look very smooth and fine. After few days, your all investment will start going negative and will never recover. Now you have lost all your money.
    Don’t believe on good reviews about them at different websites. I am mentioning what I have faced. Now it’s upto you.
    Regards
    Gautam Tandasi

    • You are absolutely right about Capitalix. I think its a SCAM as I’ve also lost US$1800 exactly the same way you described. Unfortunately, reputed web browser like Yahoo! post genuine advertisement in the name of reputed brands like Amazon shares etc to attract people like you and me which ultimately end up in registration with these Scamstar’s fake online brokerage such as Capitalix. They’re even maintaining a fake website which is apparently looks updating information in tandem with stock indices, but in reality they are trying to gobble up your money after they convince you to deposit some figure decided by those ‘customer executives’ in USD. Its a pathetic cyber fraud very difficult to gauge. Anybody can fall prey to it.

    • Thanks for your feedback. They have been calling me up regularly with sweet talks to invest USD200 to multiply my earnings. I was checking their credentials online & came across yours and several others negative feedback on them , scammers. Advise others too not to fall prey.

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