What Account Types and Fees Does Capixtrade Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Basic |
Beginners |
Access to a variety of trading instruments |
Minimum deposit of $1,500 |
| Silver |
Intermediate Traders |
Enhanced trading options |
Minimum deposit of $25,000 |
| Gold |
Experienced Traders |
Lower spreads |
Minimum deposit of $50,000 |
| Platinum |
High Net Worth Individuals |
Premium services and low fees |
Minimum deposit of $150,000 |
Account Opening Process
To open an account with Capixtrade, prospective clients need to complete several steps. First, they must submit personal information, including their name, contact details, and date of birth. Next, employment information is required, detailing the applicant’s job status and income sources. Financial information about trading experience and investment goals must also be provided. Additionally, identity verification is necessary, which includes submitting a valid ID and proof of address. Capixtrade offers flexibility, allowing clients to upgrade their accounts, such as moving from a Basic account to a Silver or Gold account as their trading needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Variable |
$0 |
Tight spreads available |
| Forex (Minor Pairs) |
Variable |
$0 |
Spreads may vary |
| CFDs (Stocks) |
Variable |
$0 |
Depends on the stock |
| CFDs (Indices) |
Variable |
$0 |
Depends on the index |
| CFDs (Commodities) |
Variable |
$0 |
Depends on the commodity |
| Cryptos (BTC/USD) |
Variable |
$0 |
Generally higher due to volatility |
Other Fees
Traders should be aware of several additional fees that may apply when trading with Capixtrade. These include deposit and withdrawal fees, which can vary based on the payment method used. Inactivity fees may apply if the account remains dormant for an extended period. Furthermore, there may be platform usage fees, overnight interest (swap rates) for holding positions overnight, and currency conversion fees when trading in different currencies. Understanding these costs is essential for effective trading and financial planning.
