Comprehensive Review dedicated to traders from SA
Capex Review South Africa
Accepts South African Clientss
Who is Capex?
Capex is a broker regulated by the local financial regulator of SA, the FSCA. The company supports a base account currency in ZAR and provides access to over 2 100 trading instruments.
Main advantages of the broker
Financial Sector Conduct Authority, based in South Africa, license no 37166.
ADGM’s Financial Services Regulatory, based in Abu Dhabi, license no 190005.
Cyprus Securities and Exchange Commission, based in Cyprus, license no 292/16.
Risk warning: Remember that forex and CFDs available at Capex are leveraged products and can result in the loss of your entire capital.
Please ensure you fully understand the risks involved.
Available Deposit & Withdrawal Methods
Capex supports the following deposits and withdrawal methods
Supported Platforms by Capex
Capex supports the following trading platforms
Trading platform of the broker
za.capex.com offers to its traders the MT5 trading platform. This platform is the successor of the world’s most popular forex trading platform MT4. MT5 can be used as a WebTrader only via a web browser or can be downloaded to any PC, mobile device or tablet.
MT5 provides access to 30 built-in indicators, 9 timeframes and Intuitive navigation interface. The use of Expert Advisors (Robots) is forbidden by Capex. Traders who would like to test the trading platform can open a free practice demo.
Screenshot taken from the official website of za.capex.com
In total Capex supports speculation on over 2 100 trading instruments (All of which are CFDs). Here is the breakdown of assets available to traders from SA.
- Forex – The company features major, minor and exotic pairs. Currently, there are 55 forex pairs, including the popular pair by SA traders – USD/ZAR.
- Stocks– In this asset category za.capex.com offers over 2 000 stocks. There are stocks from Europe, Australia, Asia as well as from Africa. Regarding African stocks, there are 37 from SA, these include, for instance, Absa Group, AspenPharma, DiscoveryJSE and Vodacom.
- Indices – Capex supports speculation on 18 indices, here you can find the most popular Asian, European and American indices.
- Commodities – Here, you can find soft, hard as well as precious commodities. In total, including Crude oil, there are 18 commodities available for trading.
- Cryptocurrencies – As of now, za.capex.com features the following 6 cryptocurrencies: Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, Ripple.
- ETFs (CFDs) – In this asset category is over 30 ETFs, including some from Africa (like TZA)
The company also features now 19 blends and 4 bonds.
Did you know?
Capex offers up to $5 000 (≈ 76 000 ZAR) deposit bonus (Terms and conditions apply).
Most Forex/CFD brokers finance their operations thanks to spreads (The difference between the bid and ask price) and it is no different at Capex.
However, the company charges competitive spreads, which start for the currency pair EUR/USD at 1,8 pips and for the USD/ZAR pair at 120 pips. Live spreads that Capex charges for each available assets can be found on the instrument page.
Capex does not charge any deposit fees. According to the official site za.capex.com, any withdrawal requests are processed within one business day.
The company charges to inactive accounts the inactivity fee. This fee applies to accounts with no trading activity during a period of 3 (three) months or more. From such accounts is each month deducted a sum or 30 USD or equivalent in other currency.
Traders from SA can trade at za.capex.com with up to 1:300 leverage. Here is the breakdown of maximum leverage that you can use depending on what asset category you trade.
Commodities, Bonds 1:100