IFX Brokers vs Capex

how to choose a forex broker

Overall Comparison

FEATURE

IFX Brokers

Capex

General comparison

4/5

4/5

Regulation

5/5

4/5

Spreads and fees

4/5

4/5

Trading Platforms

4/5

4/5

Trading Apps

4/5

4/5

Analytical Tools

4/5

4/5

Educational Resources

5/5

4/5

Trust Score

93

90

Best in class

x

 

Regulation Comparison

FEATURE

IFX Brokers

Capex

Trust score

93

90

Year Founded

2018

2016

Publically Traded

No

No

Licensed in South Africa

Yes

Yes

Assets Comparison

FEATURE

IFX Brokers

Capex

Forex

Yes

Yes

CFDs

Yes

Yes

Number of Forex pairs

60

55

US Stock Trading

No

No

International Stock Trading

No

No

Cryptocurrency CFDs

Yes

Yes

Fees Comparison

FEATURE

IFX Brokers

Capex

Average Spread for EUR/USD

0.2 pips

0.01 pips

Commissions Charged

Yes

No

ECN Execution

Yes

No

Market Maker Execution

No

No

Deposit Options Comparison

FEATURE

IFX Brokers

Capex

Deposit fees

No

No

Bank wire

Yes

Yes

MasterCard

Yes

Yes

PayPal

No

No

Skrill

Yes

Yes

Minimum Deposit

$100

$100

Trading Platforms Comparison

FEATURE

IFX Brokers

Capex

Desktop Platform

Yes

Yes

Mobile App

Yes

Yes

Social Trading

Yes

No

MetaTrader 4

Yes

No

MetaTrader 5

Yes

Yes

cTrader

No

No

DupliTrade

No

No

ZuluTrade

No

No

Proprietary Platform

No

Yes

Analytical Tools Comparison

FEATURE

IFX Brokers

Capex

Economic Calendar

Yes

Yes

Social Sentiment

Yes

No

Trading Central

No

Yes

AutoChartist

No

No

Forex News Sources

Yes

Yes

Daily Market Commentary

Yes

Yes

Educational Resources Comparison

FEATURE

IFX Brokers

Capex

Offers education

Yes

Yes

Webinars

Yes

Yes

Beginner training videos

Yes

Yes

Advanced training videos

Yes

No

Glossary

No

No

Majors Offered

FEATURE

IFX Brokers

Capex

GBP/USD

Yes

Yes

USD/JPY

Yes

Yes

EUR/USD

Yes

Yes

USD/CHF

Yes

Yes

USD/CAD

Yes

Yes

NZD/USD

Yes

Yes

AUD/USD

Yes

Yes

IFX Brokers vs. Capex

We devoted several hours to a comprehensive analysis of the top Forex brokers for 2024. This article compares IFX Brokers and Capex.

 

Which offers better pricing – IFX Brokers or Capex?

IFX Brokers provides a highly competitive spread of 0.2 pips for the EUR/USD currency pair. Capex offers a spread of 0.01 pips, which is very competitive.

IFX Brokers charge commission which apply on certain accounts. Capex does not charge any commission on any of the three live account types it offers.

 

Which broker offers more security when trading Forex and CFDs?

IFX Brokers is a South African broker that is full regulated by the Financial Sector Conduct Authority (FSCA). This is the primary financial regulator in the country, allowing traders with IFX Brokers to enjoy a high level of deposit security and fully transparent trading conditions.

Capex was first established in 2016 and headquarters in Cyprus with several other global branches. As such it is regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC).

It also has offices in South Africa and falls under the regulation of the South African Financial Sector Conduct Authority (FSCA). In addition, the broker is also authorized and regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority and the Seychelles Financial Services Authority (FSA).

Which broker offers the superior trading platform?

IFX Brokers gives users access to MT4 and MT5, comprising the whole MetaQuotes suite. These are regarded as the most well-liked and varied trading platforms in the market, and they provide social trading, a plethora of indicators, and strong charting tools.

Capex offers trading on Capex WebTrader and MetaTrader5. Capex WebTrader is available on desktop (Windows, Mac) and mobile (Android, iOS). The platform provides intuitive, web-based access to a vast range of tradable instruments, charting tools, analytical tools, and many more features.

 MetaTrader5 is the upgraded MT4 and extremely versatile. Whether you’re trading on desktop, mobile or tablet, Android or iOS, MT5 is universally compatible and ready for action.

 

Do these brokers both offer MetaTrader?

No, although IFX Brokers offers trading on both platforms, Capex only offers trading on MT5.

 

How many Forex pairs can I expect from these brokers?

IFX Brokers offers trading in about 60 forex pairs, where Capex offers trading in 55 forex pairs.

Is it safe to trade with IFX Brokers?

Yes. The main regulatory authority in South Africa is the Financial Sector Conduct Authority (FSCA). They are in charge of overseeing IFX Brokers, ensuring that traders have access to transparent markets and a fair Ombudsman in the event that they run into any problems.

 

Is it safe to trade with Capex?

Capex is a Pan-European broker that headquarters in Cyprus. It has two registered branches, one in Romania and one in Spain. Being an EU-based broker, Capex is registered in all member countries. It complies with the Financial Instruments Directive or MiFID II and the EU 5th Anti-Money Laundering Directive. An investor compensation fund, per EU Directive, protects 90% of client deposits up to a limit of €20,000.

It is registered in South Africa under the regulation of the South African Financial Sector Conduct Authority (FSCA). In addition, it is also registered by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority and the Seychelles Financial Services Authority (FSA).

All client deposits remain segregated from corporate funds, and negative balance protection exists. Capex has a clean regulatory record and maintains a legit and safe trading environment.

 

Who is IFX Brokers?

The South African foreign exchange broker, IFX Brokers is subject to the oversight of the Financial Sector Conduct Authority. The ability of any broker firm to continue operating is significantly impacted by the various regulations and limits they must adhere to. Because businesses have legal safeguards in place, there is less of a chance that they will become victims of fraud or other financial misdeeds.

IFX Brokers give its customers access to the MetaTrader 4 and MetaTrader 5 platforms, which are considered to be two of the most widely used and well-known platforms in the foreign exchange market. This is done in order to facilitate the speedy completion of foreign currency transactions.

These systems give its users access to an extensive variety of charting capabilities, a user-friendly interface that is able to handle many chart layouts and is available in two languages, and efficient order administration software.

MetaTrader versions 4 and 5 can not only be used on personal computers, but they are also compatible with mobile devices that run the iOS and Android operating systems and do not require the installation of any additional software.

The clients of IFX Brokers have access to an incredibly wide variety of trading alternatives and financial marketplaces to trade in. Products such as spot metals, energy, commodities, contracts for difference, stock indices, foreign currency, and virtual currencies are included in this category.

In addition to providing access to sixty different currency pairings, IFX brokers provide its customers with the opportunity to trade in natural gas, oil, and precious metals such as gold, silver, platinum, and palladium.

The lowest amount of money that must be deposited into a regular account is $100, and the smallest possible trade size is one hundredth of a lot. The U.S. dollar, the euro, and the South African rand are the primary currencies that can be used with this account.

In addition, the organization provides a demo account for potential customers to test out.

Customers of IFX brokers have access to a variety of easy methods, such as Pay Quick, Visa, and MasterCard credit cards, for depositing funds into and withdrawing funds from their accounts.

The fact that there are no costs associated with either deposits or withdrawals is the best aspect. Customers who are located in South Africa normally need between two and five hours to finish the withdrawal process.

On the other hand, it is common practice for businesses serving foreign customers to require a period of four or five working days to finish the withdrawal process.

 

Who is Capex?

Capex was established in 2016 in Cyprus, and headquarters in Limassol, Cyprus. Since the brokers inception it has established itself as a leading broker and is favoured by millions of traders today.

Capex is a broker that is well-regulated and clients can enjoy extensive client protection measures under the auspices of several different regional regulators, consisting of the FSCA in South Africa, CySEC in Cyprus, ADGM in Abu Dhabi and the FSA in the Seychelles.

Capex offers trading in forex, indices, bonds, ETF’s, commodities, shares and cryptocurrencies, including in-house managed thematic equity portfolios. It also presents five trading tools to clients, available from its proprietary Capex WebTrader.

Capex has also received a number of awards since its inception. The most recent awards include, Best Educational Forex Broker, Best Trading Tools, Best New Forex Broker Middle East, Best Dealing Room, and Fastest Growing Provider.

The broker offers clients a choice between three live accounts, namely the Essential Account, the Original Account, and the Signature Account. An Islamic Account can be opened on any of the mentioned accounts. Clients can also open a demo account but can only do so after a live account has been opened and cannot be used to test trading conditions before deciding whether to sign up with the broker.

Capex offers mostly floating spread, but there are those which are fixed on certain instruments. Spreads are tight and go as low as 0.01 pips for major currency pairs like EUR/USD.

The broker does not charge any commission across all its asset classes. Overall, Capex.com offers a highly competitive pricing list when compared to many other brokers in the Forex trading industry and the list is transparent on its website.

Traders are offered trading on the in-house Capex WebTrader as well as MetaTrader5. Capex WebTrader can be traded on a dual basis allowing for a greater number of trading strategies that can be applied at one time.

The Capex WebTrader may be more appealing to more experienced traders due to its extensive price charts and time frames, real-time symbol quotes, financial news, and the ability to run up to ten charts in parallel at the same time.

The MT5 platform is well-liked among novice and intermediate traders due to its user-friendly interface, which is not lacking in terms of the feature-rich offering that it provides.

Capex offers excellent educational tools via the Capex Academy, which provides tiered Forex training that allows beginners to grow their trading career alongside the broker. Utilizing the educational tools, especially beginners, are thus provided with the necessary knowledge that they will need to become successful traders.

To assist in their trading endeavours, more advantaged traders are also offered comprehensive research tools that can be used to refine their trading.

Beginner and advanced traders will enjoy Capex’s comprehensive and free analytical resources, with access to Trading Central as well as other independent tools such as trading calculators and regularly updated fundamental analysis.

Overall, Capex will appeal to many traders, whether beginners or advanced traders and due to extensive authorization and regulation it is a broker worth considering trading with.