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Cappro FX is owned and regulated by Cappro Capital LTD. The company is registered in the UK, yet there is no information on the regulatory authority. On the broker`s website, it is said that CapproFX.com is owned and controlled by Cappro Technologies.
The broker has been providing its services to private and institutional traders, hedge funds, commercial entities, brokerage firms, and money managers around the world since 2013.
Trading conditions
CapproFX offers its clients to trade more than 60 currency pairs as well as CFDs on precious metals, commodities, and indexes. What is more, traders can choose between two types of accounts: ECN Trader and Pro Trader. A demo account is also available.
The minimum deposit for transactions starts from $10. If clients deposit $100 or more, they can get a bonus from 10% to 100%. If clients wish to withdraw their profit, they need to perform a certain number of trades. The spreads are average. The broker provides an economic calendar for its clients to keep them abreast of the latest news from financial markets.
Trading platforms
CapproFX clients have access to the well-known MetaTrader 4 (MT4) platform in desktop and mobile versions.
Support service
On the company`s website, you can find the address of its headquarters in London and Hong Kong, as well as email and phone number of the support service. You can also contact the support service via callback, live chat, and Skype.
Deposit and withdrawal of funds
You can top up your account or withdraw your profit in CapproFX by means of wire transfer, credit cards, Skrill, and PayPal.
Feedback
There are many controversial reviews about CapproFX. Some traders leave positive feedback on working with this broker, yet the negative ones overwhelm them. Usually, they complain about a long response from the support service and problems with funds withdrawal. Please, pay attention to the fact that CapproFX is not a regulated broker, which means that your funds are at great risk.
Pros:
- low initial deposit
- MetaTrader 4
- demo account
Cons:
- unregulated broker
- hard to contact support service
- limited choice of trading platforms and deposit methods
- negative reviews
Conclusion
CapproFX offers quite attractive trading conditions: a wide array of trading instruments, a low initial deposit, and a user-friendly trading platform. However, unregulated brokers always raise suspicion. For instance, many traders who have worked with this broker got disappointed. They complain about many difficulties that have made them stop trading with this company.
